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Financing

Chick-fil-A’s foundation shifts away from controversy

The chicken sandwich chain’s charitable arm has shifted its spending priorities and will not fund controversial groups next year.

Financing

McDonald’s new CEO voices support for its old plan

Chris Kempczinski told employees that the company is “on the right path as we enter the new year.”

RB’s The Bottom Line examines Subway’s new CEO, including his tense relationship with Burger King operators and whether the chain could be sold.

The burger chain has named Tim Ward president and Bruce Vermilyea CFO, while CEO Paul Macaluso leaves.

CKE Restaurants also named 72andSunny its creative agency of record.

The company has started requiring operators go to a committee rather than close their stores as it seeks to stem a decline in unit count.

Operators like what they’ve seen from new U.S. boss Joe Erlinger so far, says RB’s The Bottom Line, but many remain frustrated by the past few years.

The company is making an investment in solar and wind power as it works to reduce its carbon footprint.

Carrols Restaurant Group accidentally gave customers a bigger discount than they expected, hurting the operator’s sales and profits.

New CEO Chris Kempczinski and Chairman Enrique Hernandez held a town hall meeting with employees Wednesday while the new U.S. leader meets with franchisees.

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