It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.
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Friday ended with the main indices in Asia, Europe, and New York pointing down in unison, the Nasdaq even entering correction.
‘What’s more concerning is that people are just waiting and doing nothing’
‘At the end of the day, wherever that data is, it has to be protected’
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.