Burger King sales hurt by winter storms. Burger King Holdings expects lower third-quarter revenue and restaurant margins in the U.S. and Canada as bad weather in the central and eastern United States kept diners away. The fast-food chain operator said Tuesday over 75 percent of its U.S. and Canada segment's restaurants are located in those regions and said the segment's comparable-system sales fell 8.2 percent in January and February from a year earlier.
Chevron to sell UK Refinery, cut 2,000 jobs. Chevron, the second-largest U.S. oil company, said it planned to put several downstream operations up for sale, including its Pembroke refinery in the UK, and eliminate 2,000 jobs this year.
Tuesday, March 9, 2010
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