Sandwich chain Subway will be sold to Dunkin’, Arby’s owner Roark Capital
Published Mon, 25 Nov 2024 04:03:43 GMT
Sandwich chain Subway said Thursday it will be sold to the private equity firm Roark Capital.Terms of the deal weren’t disclosed. Earlier this week, The Wall Street Journal reported that Roark was offering around $9.6 billion for Subway, which is privately owned.Subway CEO John Chidsey said the deal reflects Subway’s long-term growth potential and the value of the brand. Subway plans to continue to modernize restaurants and expand internationally under Roark’s ownership.Roark is a private equity firm with $37 billion in assets under management. It specializes in franchised businesses, and owns multiple restaurant chains, including Arby’s, Dunkin’ and Buffalo Wild Wings.Subway, which has dual headquarters in Miami and Connecticut, was founded in 1965 and is still owned by its founding families. It’s now one of the world’s largest restaurant chains, with 37,000 outlets in more than 100 countries.But in the U.S., it has been losing market share in recent years to fast-growing rivals li...Trump replaces top Georgia lawyer ahead of surrender
Published Mon, 25 Nov 2024 04:03:43 GMT
(CNN) — Former President Donald Trump has replaced his top Georgia lawyer ahead of his surrender Thursday evening, sources tell CNN.Drew Findling, the lawyer who has led Trump’s defense in Georgia, is being replaced by Steven Sadow, an Atlanta-based attorney whose website profile describes him as a “special counsel for white collar and high-profile defense.”A Trump source indicated that this was not about Findling’s performance, while another familiar with Sadow called him the “best criminal defense attorney in Georgia.” Trump’s other Georgia attorney, Jennifer Little, is expected to stay on the legal team and work with Sadow.“I have been retained to represent President Trump in the Fulton County, Georgia case. The president should never have been indicted. He is innocent of all the charges brought against him,” Sadow said in a statement. “We look forward to the case being dismissed or, if necessary, an unbiased, open minded jury finding the president not guilty. Prosecuti...Gunfire at a California biker bar kills 3 people, plus shooter, and wounds several others
Published Mon, 25 Nov 2024 04:03:43 GMT
TRABUCO CANYON, Calif. (AP) — Gunfire at a popular Southern California biker bar killed three people and wounded several others, and the gunman — believed to be a retired law enforcement officer — was fatally shot by deputies, authorities said.Hours after the shooting Wednesday evening at Cook’s Corner, in Orange County’s rural Trabuco Canyon, authorities said at a news conference that they were still gathering information and interviewing witnesses. Authorities arrived within two minutes of the first report of a shooting, and the gunman was also soon dead, Orange County Sheriff’s Sgt. Frank Gonzalez said. Dozens of patrol cars and ambulances swarmed the bar. Three other people and the gunman were pronounced dead at the scene. Six others were taken to the hospital, five of them with gunshot wounds, the Orange County Sheriff’s Department posted on social media. Two were in critical condition, according to a statement from Providence Mission H...New gas pipeline rules floated following 2018 blasts in Lawrence
Published Mon, 25 Nov 2024 04:03:43 GMT
By STEVE LeBLANC (Associated Press)BOSTON (AP) — Federal regulators are proposing a series of rules changes aimed at toughening safety requirements for millions of miles of gas distribution pipelines nationwide following a string of gas explosions in Massachusetts in 2018.These proposed changes are designed to improve safety and ease risk through the improvement of emergency response plans, integrity management plans, operation manuals and other steps, according to the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration.This proposal was prompted by the series of blasts that ripped though parts of the Merrimack Valley region of Massachusetts.The explosions and fires in Lawrence, Andover and North Andover in September 2018 left a teenager dead, about two dozen injured and destroyed or damaged more than 130 properties. Thousands of residents and businesses were also left without natural gas service for heat and hot water for months in some cases....Subway chain will be sold to Arby’s owner Roark Capital
Published Mon, 25 Nov 2024 04:03:43 GMT
Sandwich chain Subway said Thursday it will be sold to the private equity firm Roark Capital.Terms of the deal weren’t disclosed. Earlier this week, The Wall Street Journal reported that Roark was offering around $9.6 billion for Subway, which is privately owned.Subway CEO John Chidsey said the deal reflects Subway’s long-term growth potential and the value of the brand. Subway plans to continue to modernize restaurants and expand internationally under Roark’s ownership.Roark is a private equity firm with $37 billion in assets under management. It specializes in franchised businesses, and owns multiple restaurant chains, including Arby’s, Dunkin’ and Buffalo Wild Wings.Subway, which has dual headquarters in Miami and Connecticut, was founded in 1965 and is still owned by its founding families. It’s now one of the world’s largest restaurant chains, with 37,000 outlets in more than 100 countries.But in the U.S., it has been losing market share...Police investigate stabbing in Old Town
Published Mon, 25 Nov 2024 04:03:43 GMT
SAN DIEGO -- A man was injured after being stabbed by a suspect in the Old Town neighborhood Wednesday evening, authorities said.According to the San Diego Police Department, a 72 year-old man was stabbed by an unknown suspect on the 4000 block of Taylor Street shortly before 6:30 p.m. Police searching for suspect in College Area rabbi attack; $3,500 reward offered The victim was reportedly stabbed in the stomach and was transported to the hospital with non-life threatening injuries, police said.There is no description of any suspect at this time.The circumstances surrounded the stabbing are still being investigated with San Diego Police Western Division leading the charge.Anyone with information related to the incident is encouraged to call Crime Stoppers at 888-580-8477.London Zoo’s animals, from tarantulas to tigers, get their annual weigh-in
Published Mon, 25 Nov 2024 04:03:43 GMT
LONDON (AP) — Staff at London Zoo got the measure of giant gorillas, plump penguins and skinny stick insects at the zoo’s annual animal weigh-in on Thursday.Zookeepers tempted squirrel monkeys onto scales, totted up tarantulas and used a curry-scented measuring stick to coax Sumatran tigers to stretch out.Staff at the zoo, which is home to some 14,000 animals, will take several days to weigh and measure every mammal, bird, reptile, fish and invertebrate in its care. The results go into a database that is shared with zoos around the world.Angela Ryan, head of zoological operations at London Zoo, said an animal’s weight is vital information that can reveal whether creatures are healthy, and even which are pregnant.“We have critically endangered animals here,” she said. “It’s absolutely vital that we are managing them, managing their health, that we’re breeding them and breeding them well and we’re having healthy offspring that can breed on again.”The Associated PressMan dead after transport truck falls through hole in roadway in southwestern Ontario
Published Mon, 25 Nov 2024 04:03:43 GMT
A man is dead after his transport truck fell into a hole in the road that was washed out by torrential rains in southwestern Ontario Wednesday night.Provincial police and first responders were called to an area on Dundonald Road, 60 km southwest of London, Ont., around 10 p.m. for reports of a single-vehicle collision. When they arrived they found a transport truck that had fallen through a large gap in the roadway, the result of flash flooding due to thunderstorms that rolled through the region last night.FLOOD ALERT – #MiddlesexOPP dealing with multiple collisions in @SouthwestMiddl1 due to significant flooding. Many roads are flooded and/or washed out. Please avoid the area and Do Not Drive on flooded roads. @CountyMiddlesex @CountyofLambton ^jh pic.twitter.com/pcQIyg2BdS— OPP West Region (@OPP_WR) August 24, 2023Police say the driver of the truck was pronounced dead at the scene.“Last night we had some unprecedented storms come through and the flooding was monu...Police seek suspect who stole money from donation boxes in Mississauga temple
Published Mon, 25 Nov 2024 04:03:43 GMT
Peel regional police are tying to find a suspect who broke into a place of worship in the Malton area of Mississauga and stole money from donation boxes.Investigators say the break-in took place on Monday, June 12, sometime between 3 a.m. and 4 a.m. at a temple in the 1800 block of Drew Road.Police say there was no damage to the temple’s religious symbols or artifacts.Security image of a suspect who stole money from donation boxes in a Mississauga temple. HANDOUT/Peel Regional Police“Investigators are confident that the suspect’s motives were to steal the contents of the donation boxes and that this was not a hate-motivated crime,” police said in a release.The suspect is described as male with a dark complexion and average build. He was wearing a black hoody with the hood up, white surgical facemask, black pants, and Nike running shoes (grey with white trim).Maui fires renew centuries-old tensions over water rights. The streams are sacred to Hawaiians
Published Mon, 25 Nov 2024 04:03:43 GMT
LAHAINA, Hawaii (AP) — Shortly after the ignition of the deadliest U.S. wildfire in more than a century, a developer of land around a threatened Maui community urgently asked state officials for permission to divert water from streams to fight the growing inferno.West Maui Land Company, Inc. said it eventually received approval from the Hawaii commission that oversees water management, but suggested the state body didn’t act quickly enough and first directed the company to talk with a downstream taro farmer who relies on stream water, according to letters by a company executive obtained by The Associated Press and other news outlets. Community members, including Native Hawaiian farmers, say the water the developer wanted for its reservoirs would not have made a difference in the fires. The reservoirs don’t supply Maui County’s fire hydrants, and firefighting helicopters — which could have dipped into the reservoirs for water — were grounded by high winds.The Aug. 8 fire that killed ...Latest news
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