January 6, 2009 9:50 PM
- Text
Food Roundup: Cheesecake Factory's New Credit Terms, Tyson Pleads Guilty in Worker Death, and More
(MoneyWatch) Cheesecake Factory Renegotiates Credit -- The restaurant chain entered into new terms on its $300 million in revolving credit. The company's net fell in the third quarter by about $7 million to 11.8 million. [Source: Reuters]
Tyson Pleads Guilty in Worker Death -- The world's largest meat producer agreed to pay a $500,000 fine for violations that resulted in the death of a worker in Texarkana. Jason Kelley was killed in an accident at the plant in 2003. [Source: AP]
CKE, Chipotle, Yum Will Still Expand -- Chain restaurants are hurting bad, thanks in part to a market glut. But some of the bigger chains ?€" and particularly those that run fast-food outlets, which are generally doing well -- still have expansion plans. [Source: TheStreet.com]
Busch-InBev to Close Historic Brewery -- The beer giant will shutter the 600-year-old Stag brewery in London. The facility employs 182 people. [Source: AP]
Tyson Pleads Guilty in Worker Death -- The world's largest meat producer agreed to pay a $500,000 fine for violations that resulted in the death of a worker in Texarkana. Jason Kelley was killed in an accident at the plant in 2003. [Source: AP]
CKE, Chipotle, Yum Will Still Expand -- Chain restaurants are hurting bad, thanks in part to a market glut. But some of the bigger chains ?€" and particularly those that run fast-food outlets, which are generally doing well -- still have expansion plans. [Source: TheStreet.com]
Busch-InBev to Close Historic Brewery -- The beer giant will shutter the 600-year-old Stag brewery in London. The facility employs 182 people. [Source: AP]
Latest Now in MoneyWatch
- EU: Greece must cut deeper to get bailout
- Big banks, gov't officials strike $25B deal
- LinkedIn swings back to profit
- LinkedIn doubles revenue, beats growth estimates
- Kodak to stop making digital cameras, frames
- Market cap, schmarket cap, Apple still gets no respect
- Philip Morris Int'l income up nearly 8 percent
- Survey: Small biz plans big hires in 2012
- Freddie Mac: Mortgages inch higher but stay low
- Will the European debt crisis sink Obama's re-election?
- Banks in $25B deal to settle foreclosure abuses
- Joe Coffee: Scaling up without selling your soul
- Greek agreement accomplishes nothing
- 401K plans: New rules make costs clearer
- Are women leaders selling themselves short?
- Ask the Experts: New 401(k) rules
- Mortgage lenders strike a deal
Latest CBS News Headlines
on Facebook
on CBS News
- GM gets environmental OK for new China plant
- German Parliament likely to vote on Greece Feb. 27
- France's Total gets oil price profit boost
- EU: Greece must cut deeper to get bailout
on Facebook
- Tenn. father charged with murdering couple who"unfriended" daughter on Facebook
- Adele opens up about vocal cord surgery
- "Person to Person" with George Clooney
on CBS News






