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CA McDonald’s Franchisee Slams Gavin Newsom’s $20 Minimum Wage

California giant McDonald’s franchisees oppose Gov. Gavin Newsom’s (D-Calif.) new minimum wage law that would require fast-food restaurants to pay workers at least $20 an hour, and will respond to increases. claims that menu items become “out of reach.” wage. Kelly Harper Howie, a Los Angeles-based franchisee who with her sister owns 21 McDonald’s restaurants […]

Starbucks franchisee fires 2,000 workers amid Israel-Hamas war boycotts

Starbucks’ Middle East franchisees announced on Tuesday that around 2,000 employees at coffee shops in the region would be laid off after it emerged that Starbucks had been targeted by activists during the ongoing Israeli-Hamas war in the Gaza Strip. announced that it had begun layoffs. Kuwait-based Alshaya Group, a private family company that holds […]

Burger King owner Restaurant Brands buys franchisee Carrols for $1 billion

Check out what's being clicked on FoxBusiness.com Burger King's parent company will acquire Carroll's Restaurant Group, the fast food chain's largest franchisee in the United States, for a whopping $1 billion. Restaurant Brands International, which owns Burger King, Tim Hortons, Popeyes and Firehouse Subs, announced Tuesday that it will acquire Carroll's for $9.55 per share […]

Restaurant Brands to buy largest US Burger King franchisee for $1B

Burger King owner Restaurant Brands International will acquire Carroll's Restaurant Group, the fast-food chain's largest franchisee, for $1 billion in cash. Toronto-based RBI announced On Tuesday, the company announced it had reached an agreement to pay Carroll's, which operates 1,022 Burger King restaurants in 23 states and 60 Popeyes in 60 states, $9.55 per share. […]