Financing
Federal prosecutors accuse Andy Wiederhorn of misusing company funds
The chairman of Fatburger owner Fat Brands was accused of engineering a $47 million false loan scheme, draining the company of revenue to the point that it struggled to pay its bills.
Financing
McDonald’s, looking to boost traffic, considers a $5 value meal
The fast-food giant, which has shifted its focus to value, is working to convince franchisees to go along with a bundled meal featuring a McChicken or a McDouble. The plan is expected to pass.