Subway forcing franchises to sell discounted sandwiches as FTC probes $10B sale of fast-food giant: sources

4-12-2023 Business NY Post - Business 27

Subway will force its franchisees to sell discounted sandwiches despite many struggling to survive — and the new mandate could give added ammunition to federal regulators already looking to put the kibosh on the fast-food chain’s nearly $10 billion sale, The Post has learned. The family-owned company – which agreed in August to be sold...

Read The Rest at : NY Post - Business

Top News

OpenAI reverses course and says its nonprofit will continue to control its business
After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will...
Sam Altman’s OpenAI ditches plan to become for-profit company after fierce pushback
OpenAI will continue to be governed by a non-profit entity going forward, CEO Sam Altman announced Monday – a move that came after the ChatGPT...
Man takes 1st steps after 21-foot fall at PNC Park
The 20-year-old man who fell from the top of a 21-foot-high wall onto the warning track at PNC Park during a Pirates game last week took his first...
Bill enshrining ‘Gulf of America’ name change into law advances to full House vote
“Despite the claims … that Republicans are wasting time, the truth is that we’re moving forward with legislation that defends American interests,”...
Corrupt Venezuelan officials ‘facilitated’ Tren de Aragua gang’s reign of terror in US
A newly released intelligence assessment has found that some Venezuelan government officials “facilitated” the illegal migration of members of the...
Isles win draft lottery for first time since '09
The New York Islanders won the NHL draft lottery on Monday and vaulted nine teams -- including the last-place San Jose Sharks -- in winning the...