China gives Tim Hortons a warm welcome

At a gathering for restaurants at Meta’s Chicago headquarters, the social media giant made its pitch for how it can help brands reach more customers.

The Bottom Line: Franchising is becoming more attractive as debt becomes expensive and hard to get and equity investors grow skeptical of restaurants. But the model isn’t for everybody.

Reality Check: The persistent antagonist is shifting his aim from a takedown of the CEO to a revolt against her bosses.