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Financing

Let Threads' weak introduction be a lesson in your tech innovation

Technomic's Take: Putting out a minimally viable product may be easier on the pocketbook, but not being ready for prime time may cost you a lot more.

Financing

Burger King, an international powerhouse, looks to translate some of that success back home

The Miami-based burger chain is thriving outside the U.S. as operators push growth. But it is pulling back domestically as it works on a comeback.

The new Wing Zone Hot Chicken and Wings is described as a next-generation variation designed for off premise, with hot chicken tenders and a sandwich along with new flavors for bone-in wings.

The company said the YouTuber’s public criticism of the virtual brand caused up to $100 million in damages. It counters MrBeast’s own lawsuit, which accused the brand of harming his reputation.

The company said it will look to acquire similar concepts and convert them to Twin Peaks as it aims to reach 200 locations in the next several years.

Authentic Restaurant Brands, which operates Primanti Bros and P.J. Whelihan’s, is taking the fast-casual chicken chain private for $8.50 per share.

Taste Tracker: Brag-worthy burgers at Ruth’s Chris and Culver’s; Pei Wei and bb.q Chicken play with wing flavors; Indian cuisine inspires Dog Haus; and Wayback goes to the dogs.

Executive Summary: A roundup of high-level hirings and promotions in the restaurant business includes changes for Happy Joe’s Pizza and Ice Cream.

A mix of favorites like corn dogs and deep-fried Twinkies with on-trend and global fare wins over crowds of eaters every summer.

While the brand has been selling stores to operating partners, traditional franchisees keep closing units. So does the company.

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