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Chew on this: Beef prices hit high

Chew on this: Beef prices hit high

A beef shortage has driven beef prices to record levels. Chipotle plans to add more units of its fast-casual Southeast Asian concept. A 2,000-room New York City hotel is ending room service. Noodles & Company’s IPO is expected to attract investors. And Jamie Oliver plans to expand his Italian restaurants around the world.

Shortages drive beef prices to rare high. Profits on beef dishes could be in short supply this summer. (The Tennesseean)

Chipotle expands ShopHouse concept. The company has signed four leases to expand its fast-casual concept in the Washington, D.C., and Los Angeles markets. (Nation's Restaurant News)

Hotel discontinues room service. The 2,000-room New York Hilton Midtown cited declining demand for the decision. (The New York Times)

Noodles & Company's IPO should attract investors. The fast-casual concept's profits, growth and seasoned management make it attractive. (Forbes)

Jamie Oliver cooks up global expansion. Oliver plans to open 20 of his Italian restaurants around the world. (Reuters)

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