Latest Food services News

Asian stocks stumble on doubts over US-China trade deal

Mar. 22, 2019 12:16 AM EDT

SINGAPORE (AP) — Asian markets were mostly lower on Friday as caution set in ahead of U.S.-China trade talks in Beijing next week. The Shanghai Composite index gave up 0.8 percent to 3,077.56 and Hong Kong's Hang Seng lost 0.5 percent to 28,913.55. The Kospi in South Korea was flat at 2,184.94. Japan's...

Darden Restaurants shares rise on 3Q earnings

Mar. 21, 2019 1:53 PM EDT

ORLANDO, Fla. (AP) — Shares in Darden Restaurants jumped on Thursday after the company raised its outlook and posted earnings and revenue that beat Wall Street estimates. The owner of Olive Garden and other chain restaurants reported fiscal third-quarter profit of $223.6 million, beating expectations and...

Hawaii bills push 1st state ban on plastics in restaurants

Mar. 19, 2019 3:49 PM EDT

HONOLULU (AP) — Hawaii would be the first state in the U.S. to ban most plastics at restaurants under legislation that aims to cut down on waste that pollutes the ocean. Dozens of cities nationwide have banned plastic foam containers, but Hawaii's measure targeting fast-food and full-service restaurants...

Houston earns praise for efforts to combat human trafficking

Mar. 12, 2019 6:11 PM EDT

HOUSTON (AP) — Officials from more than 10 U.S. cities convened Tuesday in Houston to learn about its successes combatting human trafficking, a broad approach in which the city's health department, restaurant inspectors and cab companies all help identify potential victims. While human trafficking has...

KFC dedicates China restaurant to memory of Communist hero

Mar. 5, 2019 7:47 PM EST

BEIJING (AP) — Fast-food chain KFC is memorializing a popular Chinese Communist hero with restaurant decor extolling his deeds, in a rare matching of an iconic American brand with Communist propaganda. The official Xinhua News Agency said the company launched its first "Lei Feng Spirit" restaurant in Lei's...

Don't expect to puff away at next year's Tokyo Olympics

Feb. 28, 2019 5:47 AM EST

TOKYO (AP) — Tokyo is still a smoker's heaven. Despite tougher laws enacted last year, smokers can light up in some restaurants and bars. Tobacco advertising is allowed on television, cigarette packages don't contain graphic health warnings, and tobacco is cheap compared to other major cities. However,...

Hanoi Postcard: Kim-Trump summit inspires entrepreneurs

Feb. 25, 2019 10:34 PM EST

HANOI, Vietnam (AP) — For North Korean leader Kim Jong Un and President Donald Trump, this week's summit in Hanoi is a chance to advance the cause of world peace. For canny entrepreneurs, it's an opportunity to make a buck, or a dong, in Vietnamese currency. A U.S presidential visit is a big deal anywhere,...

Asian stocks rise after listless Wall Street day

Feb. 11, 2019 11:04 PM EST

BEIJING (AP) — Asian stocks rose Tuesday following a listless day on Wall Street as investors looked ahead to U.S.-Chinese trade talks. KEEPING SCORE: Tokyo's Nikkei 225 rose 2 percent to 20,745.28 and the Shanghai Composite Exchange added 0.3 percent to 2,661.89. Hong Kong's Hang Seng was 1.5 points...

Restaurant Brands gains, Loews plunges

Feb. 11, 2019 4:58 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: NuVasive, up $6.57 to $56.12 The medical device maker is a potential buyout target of Britain's Smith & Nephew Plc., according to media reports. Insperity, up $21.07 to $131.97 The human resources company reported...

Markets Right Now: Stocks hold steady ahead of trade talks

Feb. 11, 2019 4:12 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are mixed at the close of trading as Wall Street looks ahead to key trade talks between the U.S. and China this week. The Dow Jones Industrial Average fell 53 points, or 0.2 percent, to 25,053, mostly due to...