Financing
Wendy’s biggest shareholder may take the chain private
Nelson Peltz’s Trian Partners, which owns nearly 20% of the company’s stock, said it has approached the board about a possible acquisition, sending the shares soaring.
Financing
As inflation soars, lower-income consumers slow their restaurant spending
The Bottom Line: Quick-service restaurant executives say they’re seeing fewer visits from people with lower incomes and more visits from those with higher incomes. But that difference may not last for long.