Chipotle

Consumer

Is the Restaurant Industry at the End of an Era?

Photo illustration by Connor Lin / The Daily Upside, Photos by Vlad Yushinov and Choness via iStock

Across-the-board inflation — including food costs, labor costs, and real estate costs — is pummeling restaurants. Can the industry survive?

6 min read

Photo by Ready Made via Pexels

Consumer

McDonald’s Lengthens the Meal Deal Wars

McDonald’s announced that its $5 summer meal deal, which was only supposed to last through June, will now be extended into December.

1 min read
Photo by Dom J via Pexels

Consumer

Starbucks Abruptly Dumps CEO, Poaches Chipotle Boss

For Starbucks chief Laxman Narasimhan, the daily grind is over. The embattled coffee chain named Chipotle CEO Brian Niccol his successor.

1 min read

Photo by Kārlis Dambrāns via CC BY-SA 4.0

International Economics

China Brings in Subsidies for Smartphones

On Friday, Beijing announced that a trade-in program that previously applied to big appliances and cars will now be widened to smartphones.

1 min read
Photo by David Vives via Unsplash

Private Equity

Will Private Equity Fuel a Big Year for IPOs?

As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Rawpixel via Freepik

Private Equity

All in the Franchise: Why Private Equity Loves the Business Model

It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.

6 min read

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