McDonald’s raising its minimum wage, but some say it’s not enough
McDonald's plans to raise starting wages by $1 above the local minimum at select restaurants, just one of the changes on tap as the world's largest fast-food chain tries to...
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Giordano’s secures financing to fund growth plans
Giordano's investor Victory Park Capital now has a $51 million credit facility to help the stuffed pizza chain work on growth plans, including continued expansion outside the Chicago area, the...
McDonald’s confirms it is testing all-day breakfast
McDonald's is responding to diners' hankering for round-the-clock access to McMuffins, hash browns and hot cakes by testing all-day breakfast at some restaurants in San Diego starting in April. The...
Ferrara Candy moving some Mexico jobs to Chicago to meet Wal-Mart call
Ferrara Candy is moving some production from Mexico to the Chicago area and creating 100 jobs as the maker of Lemonheads and other sweets responds to Wal-Mart's call for more...
Freshii hoping frozen kefir will be hot this summer
Freshii, the growing Chicago-based chain that prides itself on healthy, quick food, is betting the next big trend in healthy snacking might be something most people haven't even heard of:...
Mondelez CEO’s compensation rose by $7 million in 2014
Mondelez Chairman and CEO Irene Rosenfeld's compensation was $21 million last year, up about $7 million from a year earlier, thanks to higher incentive pay and changes in the value...
Heinz’s appetite grows with deal to acquire Kraft
H.J. Heinz is buying Kraft Foods in a deal that gives Kraft the chance to bring its iconic American foods to international markets while boosting Heinz's sales in the U.S....
Report: Kraft in talks for sale to 3G Capital
Kraft Foods Group, one of the most well-known American food-makers, could soon be gobbled up by a hungry Brazilian investment firm, according to a published report. If completed, the deal...
Amy’s recalls frozen meals on possible listeria contamination
Amy's Kitchen is recalling nearly 73,900 cases of frozen meals including vegetable lasagna due to to possible listeria contamination, becoming the latest food maker to recall spinach products because of...
Burger King brings back chicken fries
At Burger King, chicken clearly is top of mind. The chain said Monday that chicken fries are permanently back on the menu, the latest signal that chicken is a hot...