Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two popular restaurant chains: Denny’s Corp. and Shake Shack Inc. The Case for Denny’s This company traces its roots back to a coffee shop called…
First-of-Its-Kind Fast Food Regulation Council Established Under Union-Backed Bill in California
SACRAMENTO—More than 500,000 of California’s fast-food workers will now be eligible to negotiate their working conditions and wages after a first-of-its-kind union-backed bill passed in the legislature on Jan. 31. Assembly Bill 257, or the FAST Food Recovery Act, passed in the state legislature in a 41–19 vote despite heavy opposition from several business advocacy…
Some Fast-Food Items Contain Potentially Harmful Industrial Plastics: Study
Items from popular fast-food chains contain small amounts of certain chemicals in plastics that are believed to disrupt human hormones and possibly cause other serious health problems, a new study suggests. Researchers from George Washington University purchased 64 fast food items from outlets including McDonald’s, Burger King, Pizza Hut, Domino’s, Taco Bell, and Chipotle, and…
Fast-Food Chains Close Some Indoor Seating as Cities Mandate Vaccine Checks
NEW YORK—As New York, San Francisco, and a few other cities and counties require restaurants to check proof of COVID-19 vaccination to dine indoors, some fast-food chains are simply shutting their seating areas altogether—a move that may dent their sales. The burger chain White Castle shut the seating sections in its more than 20 New…
El Pollo Loco Proves Chickens Can Fly With New Delivery Service
IRVINE, Calif.—El Pollo Loco has begun piloting its “Air Loco” food transport, becoming the first national restaurant company to pilot “door-to-backyard” drone delivery. “We want to lead the way in the quick service restaurant industry in a way no other brand has previously attempted,” Andy Rebhun, El Pollo Loco’s vice president of digital, told The…
Orange County-Based Food Chain Plans to Hire 15,000 New Workers
NEWPORT BEACH (CNS)—Chipotle Mexican Grill will host a “Coast To Coast Career Day” on Jan. 15, with plans to hire 15,000 new workers for its restaurants across the United States, the Newport Beach-based company announced today. Although the pandemic has resulted in lost business for many companies, Chipotle officials said their model has allowed them…
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