BURGER - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/BURGER News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Hatch says Buffett called to gauge inversion policy http://www.sltrib.com/sltrib/money/58402300-79/buffett-hatch-tax-berkshire.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58402300-79/buffett-hatch-tax-berkshire.html.csp">Hatch says Buffett called to gauge inversion policy</a></h4> <span class="author vcard"><span class="fn">By Richard Rubin</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-09-11T11:51:01.56-06:00">Updated Sep 11, 2014 11:51AM MDT</span></h5> <div class ="entry-content">Washington • Billionaire investor Warren Buffett called Sen. Orrin Hatch to gauge Congress’s direction on curbing tax inversions, the senator said Thursday. Buffett, chairman and chief executive of Berkshire Hathaway Inc., is helping finance Burger King Worldwide Inc.’s purchase of Tim Hortons Inc. and its move to Canada. That transaction could be affected by legislative and regulatory changes being considered in Washington. “He called me and he said you’ve got to do something about tax inversio...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58402300@www.sltrib.com Thu, 11 Sep 2014 11:51:01 MDT Rampell: Congress is to blame for this whopper of a problem http://www.sltrib.com/sltrib/opinion/58378285-82/tax-mcdonald-firms-companies.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58378285-82/tax-mcdonald-firms-companies.html.csp">Rampell: Congress is to blame for this whopper of a problem</a></h4> <span class="author vcard"><span class="fn">By Catherine Rampell</span></span> <span class="source-org vcard"><span class="org fn"> The Washington Post</span></span> <h5><span class="updated" title="2014-09-05T11:30:12.417-06:00">Updated Sep 5, 2014 11:30AM MDT</span></h5> <div class ="entry-content">Customers can be so demanding. First they criticized fast-food joints over nutritional content. Now they’re getting picky about tax and labor practices. In recent weeks, consumers and commentators have savaged Burger King over its plan to merge with Tim Hortons, a move that appears at least partly motivated by tax avoidance. And on Thursday, Burger King, McDonald’s and other quick-service restaurants were the targets of strikes and civil disobedience in 150 cities across the United Sta...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58378285@www.sltrib.com Fri, 05 Sep 2014 11:30:12 MDT Letter: Rich dodge their share of the burden http://www.sltrib.com/sltrib/opinion/58361452-82/burger-king-rates-tax.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58361452-82/burger-king-rates-tax.html.csp">Letter: Rich dodge their share of the burden</a></h4> <h5><span class="updated" title="2014-09-02T17:44:16.241-06:00">Updated Sep 2, 2014 05:44PM MDT</span></h5> <div class ="entry-content">Burger King’s recent acquisition of Canadian coffee-and-doughnut chain Tim Horton, and the suggestion Burger King could move its headquarters to Canada to take advantage of lower tax rates there, has reignited the discussion about corporate tax rates in the U.S. Some claim the U.S. should lower it’s corporate tax rates to keep companies from moving offshore. Here’s what I worry about: Since the days of Ronald Reagan and the introduction of supply-side economics, the infrastructure in America has...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58361452@www.sltrib.com Tue, 02 Sep 2014 17:44:16 MDT Lowry: Warren Buffett betrays America http://www.sltrib.com/sltrib/opinion/58351339-82/taxes-burger-king-business.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58351339-82/taxes-burger-king-business.html.csp">Lowry: Warren Buffett betrays America</a></h4> <span class="author vcard"><span class="fn">By Rich Lowry</span></span> <span class="source-org vcard"><span class="org fn"> The National Review</span></span> <h5><span class="updated" title="2014-08-29T08:38:44.322-06:00">Updated Aug 29, 2014 08:38AM MDT</span></h5> <div class ="entry-content">It must have been a bitter moment for President Barack Obama when he got the news that his favorite economic guru not only doesn’t like paying taxes but hates America. Warren Buffett, whose eponymous rule was a staple of Obama’s 2012 re-election campaign, is underwriting Burger King’s proposed move to Canada that the left is denouncing as practically the most dastardly plot since the Rosenbergs helped the Soviets get the bomb. Burger King is acquiring the Canadian coffee and doughnuts chain Tim ...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58351339@www.sltrib.com Fri, 29 Aug 2014 08:38:44 MDT Tim Hortons is a big part of the Canadian identity http://www.sltrib.com/sltrib/money/58347082-79/tim-hortons-canada-canadian.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58347082-79/tim-hortons-canada-canadian.html.csp">Tim Hortons is a big part of the Canadian identity</a></h4> <span class="author vcard"><span class="fn">By ROB GILLIES</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-28T08:54:01.652-06:00">Updated Aug 28, 2014 08:54AM MDT</span></h5> <div class ="entry-content">Toronto • Few things unite Canadians the way Tim Hortons does. For half a century, they have warmed themselves on chilly mornings with the chain’s coffee and Timbits — or doughnut holes to Americans. So news this week that Burger King will buy Tim Hortons served as a bittersweet reminder of how beloved the homegrown chain is in Canada, where 75 percent of the all the coffee sold at fast food restaurants comes from “Timmy’s,” as it is affectionately known. Tim Hortons is found in just about every...</div> <h5><a rel="item-license" href="#license-583470822014-08-28T08:54:01.652-06:00" id="#license-2014-08-28T08:54:01.652-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58347082@www.sltrib.com Thu, 28 Aug 2014 08:54:01 MDT Recipe: Is it worth it to chop your own burgers? You bet! http://www.sltrib.com/sltrib/entertainment2/58326583-223/beef-burgers-burger-chop.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/entertainment2/58326583-223/beef-burgers-burger-chop.html.csp">Recipe: Is it worth it to chop your own burgers? You bet!</a></h4> <span class="author vcard"><span class="fn">By J.M. HIRSCH</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-27T10:44:04.3-06:00">Updated Aug 27, 2014 10:44AM MDT</span></h5> <div class ="entry-content">I’m not going to tell you how to dress your burger. I’m not going to tell you what sort of bun to put your burger on. I’m not really even going to tell you very much about how to cook your burger. But I am going to tell you how to make the best burger. Ever. And you start by avoiding the ground beef at the grocer at all costs. So let’s start there. Ground beef tends to be overworked during processing. And overworked beef is tough beef. Instead, you want to grab yourself sirloin steak tips, which...</div> <h5><a rel="item-license" href="#license-583265832014-08-27T10:44:04.3-06:00" id="#license-2014-08-27T10:44:04.3-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58326583@www.sltrib.com Wed, 27 Aug 2014 10:44:04 MDT Tim Hortons’ takeover faces few Canadian hurdles http://www.sltrib.com/sltrib/money/58344781-79/hortons-tim-canada-percent.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58344781-79/hortons-tim-canada-percent.html.csp">Tim Hortons’ takeover faces few Canadian hurdles</a></h4> <span class="author vcard"><span class="fn">By Eric Lam, Greg Quinn and Scott Deveau</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-08-27T18:08:02.053-06:00">Updated Aug 27, 2014 06:08PM MDT</span></h5> <div class ="entry-content">Toronto • Burger King Worldwide Inc.’s $11.4 billion takeover of Tim Hortons Inc. is likely to go through with little objection from regulators or shareholders - at least in Canada. Under the terms of the deal, Tim Hortons investors will receive $60.26 in cash and 0.8025 of a share in the combined entity that will be domiciled in Canada. That amounts to roughly $86 a share, based on Burger King’s closing price Aug. 25 before the terms of the deal were announced. “It’s a done deal, nobody is goin...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58344781@www.sltrib.com Wed, 27 Aug 2014 18:08:02 MDT RC Willey owner Buffett to get 9 percent on Burger King investment http://www.sltrib.com/sltrib/money/58339099-79/buffett-billion-berkshire-percent.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58339099-79/buffett-billion-berkshire-percent.html.csp">RC Willey owner Buffett to get 9 percent on Burger King investment</a></h4> <span class="author vcard"><span class="fn">By Noah Buhayar</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-08-26T12:46:19.766-06:00">Updated Aug 26, 2014 12:46PM MDT</span></h5> <div class ="entry-content">Warren Buffett’s Berkshire Hathaway is providing $3 billion of financing for Burger King’s planned takeover of Tim Hortons and will earn 9 percent annual interest on the investment. Berkshire is taking a preferred equity stake and won’t be involved in managing the restaurant business, according to a statement today from Burger King. Buffett has previously injected capital into financial firms like Goldman Sachs and Bank of America at times of crisis, and helped fund deals such as Mars’s purchase...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58339099@www.sltrib.com Tue, 26 Aug 2014 12:46:19 MDT Tim Hortons has sold coffee, doughnuts since 1964 http://www.sltrib.com/sltrib/money/58338736-79/tim-hortons-chain-coffee.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58338736-79/tim-hortons-chain-coffee.html.csp">Tim Hortons has sold coffee, doughnuts since 1964</a></h4> <span class="author source-org vcard"><span class="org fn">By The Associated Press </span></span> <h5><span class="updated" title="2014-08-26T10:50:02.487-06:00">Updated Aug 26, 2014 10:50AM MDT</span></h5> <div class ="entry-content">Tim Hortons, Canada’s favorite doughnut and coffee chain, could soon become a bigger international player. Burger King said Tuesday it struck a deal to buy the chain for about $11 billion and move its corporate headquarters to Canada. The companies say the deal creates the world’s third-largest fast-food company. 3G Capital, the investment firm that owns a majority of Burger King, says it will use its expertise to expand Tim Hortons around the world, although it provided no details on specific m...</div> <h5><a rel="item-license" href="#license-583387362014-08-26T10:50:02.487-06:00" id="#license-2014-08-26T10:50:02.487-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58338736@www.sltrib.com Tue, 26 Aug 2014 10:50:02 MDT Burger King finalizes $11 billion Canadian deal http://www.sltrib.com/sltrib/money/58338752-79/burger-king-tim-hortons.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58338752-79/burger-king-tim-hortons.html.csp">Burger King finalizes $11 billion Canadian deal</a></h4> <span class="author vcard"><span class="fn">By CANDICE CHOI and MICHELLE CHAPMAN</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-26T18:10:12.279-06:00">Updated Aug 26, 2014 06:10PM MDT</span></h5> <div class ="entry-content">New York • The fight for the coffee and breakfast crowd is heating up, both at home and abroad. Burger King said Tuesday it will buy Tim Hortons in an $11 billion deal that would create the world’s third largest fast-food chain. The company is hoping to turn the coffee-and-doughnut chain into a household name outside Canada, and give itself a stronger foothold in the booming morning business. Alex Behring, Burger King’s executive chairman, said the new company would be one of the fastest-growing...</div> <h5><a rel="item-license" href="#license-583387522014-08-26T18:10:12.279-06:00" id="#license-2014-08-26T18:10:12.279-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58338752@www.sltrib.com Tue, 26 Aug 2014 18:10:12 MDT Hard to swallow? Burger King may move to Canada http://www.sltrib.com/sltrib/money/58334911-79/burger-king-company-tim.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58334911-79/burger-king-company-tim.html.csp">Hard to swallow? Burger King may move to Canada</a></h4> <span class="author vcard"><span class="fn">By CANDICE CHOI and MICHELLE CHAPMAN </span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-25T15:01:29.145-06:00">Updated Aug 25, 2014 03:01PM MDT</span></h5> <div class ="entry-content">Some Burger King customers are finding it hard to swallow that the home of the Whopper could move to Canada. Investors seemed to welcome the announcement by Burger King late Sunday that it was in talks to buy Canadian coffee-and-doughnut chain Tim Hortons and create the world’s third-largest fast-food restaurant company. The news pushed shares of both companies up more than 20 percent. But customers were already voicing their discontent with the 60-year-old hamburger chain because of its plans t...</div> <h5><a rel="item-license" href="#license-583349112014-08-25T15:01:29.145-06:00" id="#license-2014-08-25T15:01:29.145-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58334911@www.sltrib.com Mon, 25 Aug 2014 15:01:29 MDT McDonald’s confronts its junk food image http://www.sltrib.com/sltrib/money/58308925-79/mcdonald-menu-company-chain.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58308925-79/mcdonald-menu-company-chain.html.csp">McDonald’s confronts its junk food image</a></h4> <span class="author vcard"><span class="fn">By CANDICE CHOI</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-18T11:39:07.82-06:00">Updated Aug 18, 2014 11:39AM MDT</span></h5> <div class ="entry-content">New York • At a dinner McDonald’s hosted for reporters and bloggers, waiters served cuisine prepared by celebrity chefs using ingredients from the chain’s menu. A Kung Pao chicken appetizer was made with Chicken McNuggets doused in sweet and sour sauce and garnished with parsley. Slow-cooked beef was served with gnocchi fashioned out of McDonald’s french fries and a fruit sauce from its smoothie mix. For dessert, its biscuit mix was used to make a pumpkin spice “biznut,” a biscuit-doughnut hybri...</div> <h5><a rel="item-license" href="#license-583089252014-08-18T11:39:07.82-06:00" id="#license-2014-08-18T11:39:07.82-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58308925@www.sltrib.com Mon, 18 Aug 2014 11:39:07 MDT Burger King nixes lower-calorie ‘Satisfries’ http://www.sltrib.com/sltrib/money/58293923-79/fries-burger-king-french.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58293923-79/fries-burger-king-french.html.csp">Burger King nixes lower-calorie ‘Satisfries’</a></h4> <span class="author vcard"><span class="fn">By CANDICE CHOI</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-13T16:08:02.117-06:00">Updated Aug 13, 2014 04:08PM MDT</span></h5> <div class ="entry-content">New York • Burger King is getting rid of the lower-calorie french fries it introduced less than a year ago at most restaurants. The Miami-based chain said in a statement that it gave its North American franchisees the option to continue selling the french fries earlier this week. Only about 2,500 of the approximately 7,500 locations opted to continue selling them as a permanent item. The others have started phasing them out. The French fries, called “Satisfries,” were a big bet for Burger King w...</div> <h5><a rel="item-license" href="#license-582939232014-08-13T16:08:02.117-06:00" id="#license-2014-08-13T16:08:02.117-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58293923@www.sltrib.com Wed, 13 Aug 2014 16:08:02 MDT Chicken fries back at Burger King after complaints http://www.sltrib.com/sltrib/money/58285894-79/burger-chicken-king-fries.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58285894-79/burger-chicken-king-fries.html.csp">Chicken fries back at Burger King after complaints</a></h4> <span class="author vcard"><span class="fn">By Leslie Patton</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-08-11T17:41:02.285-06:00">Updated Aug 11, 2014 05:41PM MDT</span></h5> <div class ="entry-content">Chicago • Burger King customers have been heard. The chain is bringing back chicken fries, the breaded and fried chicken strips served in a fry-style box, after consumers took to social media to request the item, said Alex Macedo, president of North America for the Miami-based company. Customers complained on Facebook and Twitter when they were taken off the menu in 2012. “We underestimated the cult following that the product had,” he said. “There’s a big opportunity for us to bring it back.” Bu...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58285894@www.sltrib.com Mon, 11 Aug 2014 17:41:02 MDT Burger King 2Q profit rises 19 percent http://www.sltrib.com/sltrib/money/58250418-79/percent-burger-king-million.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58250418-79/percent-burger-king-million.html.csp">Burger King 2Q profit rises 19 percent</a></h4> <span class="author vcard"><span class="fn">The Associated Press</span></span> <h5><span class="updated" title="2014-08-01T09:27:02.01-06:00">Updated Aug 1, 2014 09:27AM MDT</span></h5> <div class ="entry-content">Miami • Burger King Worldwide Inc. (BKW) on Friday reported net income that climbed by 19 percent in its second quarter, and topped analysts’ expectations. The Miami-based company said profit increased to $75.1 million, or 21 cents per share, from $62.9 million, or 18 cents per share, in the same quarter a year earlier. Earnings, adjusted for one-time gains and costs, came to 25 cents per share. The average per-share estimate of analysts surveyed by Zacks Investment Research was for profit of 23...</div> <h5><a rel="item-license" href="#license-582504182014-08-01T09:27:02.01-06:00" id="#license-2014-08-01T09:27:02.01-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58250418@www.sltrib.com Fri, 01 Aug 2014 09:27:02 MDT Restaurant review: Flavor and style — for a Park City price — at Burgers and Bourbon http://www.sltrib.com/sltrib/entertainment2/58216628-223/bourbon-burgers-fries-burger.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/entertainment2/58216628-223/bourbon-burgers-fries-burger.html.csp">Restaurant review: Flavor and style — for a Park City price — at Burgers and Bourbon</a></h4> <span class="author vcard"><span class="fn">By Stuart Melling</span></span> <span class="source-org vcard"><span class="org fn"> Special to The Tribune</span></span> <h5><span class="updated" title="2014-08-01T09:53:15.2-06:00">Updated Aug 1, 2014 09:53AM MDT</span></h5> <div class ="entry-content">Park City • I’ve spoken on the notion of value before. It’s a concept as slippery as a greased eel and as divisive as a debate over health care. And we’re going to talk about it again; feel free to prep your polemic and head over to the comment boards. Or maybe not. Surely something we can all agree on is that a $32 burger is an expensive purchase. Still on the fence? What if I told you that fries, a drink, tax and a tip were extra? As soon as the hyperventilating rage subsides, let’s move on. T...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58216628@www.sltrib.com Fri, 01 Aug 2014 09:53:15 MDT