Deliveroo Seeks $12 Billion Valuation

Deliveroo, backed by Amazon.com Inc., set a price range for its planned London listing with an upward valuation of $12 billion, posing a test for continued investor appetite in online food-delivery services.

In December, U.S. peer […]

By |2021-03-23T11:17:44-04:00March 23, 2021|Articles|Comments Off on Deliveroo Seeks $12 Billion Valuation

McDonald’s Sales Bounce Back

McDonald’s sales are gradually improving as more of its restaurants reopen worldwide. The Chicago-based fast food giant said Tuesday that its global same-store sales — or sales at locations open at least a year — were […]

By |2020-06-17T09:47:15-04:00June 17, 2020|Articles|Comments Off on McDonald’s Sales Bounce Back

Shake Shack to Return Loan

Growing Backlash

Shake Shack plans to return a $10 million loan it received under an emergency small business rescue program, amid a growing backlash against big businesses that got the money before $350 billion in funding lapsed last week. The burger chain was just one of several large restaurant operators and publicly traded companies that secured tens of millions of dollars in "Paycheck Protection Program" loans...

By |2020-04-21T11:21:45-04:00April 21, 2020|Articles|Comments Off on Shake Shack to Return Loan