News

Financing

When will the labor market normalize? It’s uncertain

The Bottom Line: The labor force participation rate remains stubbornly low. The continued pandemic is likely to keep it that way for a while.

Leadership

McDonald’s settles lawsuit against former CEO Steve Easterbrook

He has returned $105 million in cash and equity awards and apologized to the company for “failing to uphold McDonald’s values.”

Supplies of whole eggs could drop by as much as 90%, the poultry industry warns.

A proposal currently before the City Council would prevent restaurants from including sugary beverages in kids meals unless parents specifically request them.

Elsewhere in the world, service limits are being imposed on restaurants again. But in the U.S., officials are relying on vaccination and mask mandates to avoid caps on seating and hours of operation. At least until now.

Later this month, the fast casual plans to open its first Chipotlane Digital Kitchen with an order-ahead drive-thru and walk-up window but no indoor access for customers.

Data from the third-party companies provides a snapshot of what consumers ordered from restaurants in the last year—and what fell from favor.

The restaurant veteran will help steer the breakfast-and-lunch chain toward 2X unit growth by 2024.

The chicken chain announced a deal with the French restaurant group Napaqaro to open hundreds of restaurants in the country.

The former Dickey's CIO will oversee tech at Jamco brands including Friendly's, Red Mango and Red Brick Pizza.

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