Explore Business Standard
Subway
Subway has hired a former Burger King executive as its new CEO. The Miami-based sandwich chain said Monday that Jonathan Fitzpatrick will join the company on July 28. Fitzpatrick is the first CEO hired since Subway was bought by the private equity firm Roark Capital in 2024. And Roark didn't have to look far to find him. Since 2012, Fitzpatrick has been the president and CEO of Driven Brands, which is also owned by Roark. Driven Brands is the parent company of auto service brands like Meineke Car Care Centers and Maaco. Before joining Driven Brands, Fitzpatrick held multiple senior leadership positions at Burger King, including executive vice president. Subway was founded in 1965 and was still owned by its founding families when it was purchased by Roark. It's one of the world's largest restaurant chains, with nearly 37,000 outlets in more than 100 countries. But in recent years, Subway has been losing sales to fast-growing rivals like Jersey Mike's and Firehouse Subs. The compan
One person was killed and five wounded in a shooting at a New York City subway station on Monday at the start of the evening rush hour, authorities said. The gunfire broke out on an elevated train platform in the Bronx at around 4.30 pm, a time when stations throughout the city are filled with kids coming home from school and many workers are beginning their evening commute. A man in his 30s was killed, police said. A Fire Department spokesperson described four of the other injuries as serious. Police weren't immediately able to provide details on what happened but said a hunt was on for the shooter, who fled the scene. "The train was coming and there were two kids yelling," witness Efrain Feliciano (61) told the Daily News. "There were at least six shots." "I saw sparkles as the bullets hit the wall," Feliciano said. "A woman was holding a child screaming." Video from television news helicopters showed a subway train stopped at the station and orange evidence cones on the platfo
A federal court ordered the owners of 14 Subway locations north of San Francisco to pay employees nearly USD 1 million in damages and back pay and also to sell or shut their businesses, with any sale proceeds going to the Department of Labor. Federal investigators said franchise owners John and Jessica Meza directed children as young as 14 to operate dangerous machinery, assigned minors work hours that violated federal law, and failed to pay their employees regularly, including by issuing hundreds of bad checks and illegally keeping tips left by customers. The Labor Department also charged that the Mezas coerced employees in an attempt to prevent them from cooperating with its investigation, sometimes threatening children who attempted to raise concerns about the work environment. According to the court order, the owners acknowledged several of the Labor Department's findings. Messages left for the Mezas at email addresses included in the settlement were not immediately returned.