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She refers to the overhaul as a “judicial coup,” saying it risks facilitating the “de facto annexation of the West Bank without any critique or any review” from the Supreme Court. The cabinet includes a number of West Bank settlers in powerful positions, and the agreement that brought together the government calls for extending Israel’s sovereignty in the West Bank, effectively a call for annexation. Under Netanyahu’s far-right government, Israel has approved a record number of housing units in West Bank settlements, Peace Now said in a July report. “Did the Supreme Court protect Palestinian rights in the West Bank? More recently in 2017, Israeli security forces bulldozed nine homes built on private Palestinian land in the West Bank settlement of Ofra.

Persons: Benjamin Netanyahu’s, West Bank haven’t, Sawsan, Netanyahu, Netanyahu’s, Israel, Israel doesn’t, ” Zaher, Eliav, ” Lieblich, Zaher, Ahmed Tibi, Bezalel Smotrich, Itamar Ben Gvir, Tibi, ” Tibi, ” Gershon Baskin, Bond, ” Baskin, “ Organizations: CNN, West Bank, Legal Center, Arab, Rights, United Nations, Israel Democracy Institute, Tel Aviv University, Palestinian Authority, Supreme Court, Court of Justice, Israel’s, Israeli, Court Locations: Palestinian, Israel, West Bank, East Jerusalem, Jerusalem, West, The Hague, Dura, Qara, Ofra

Aug 24 - Subway has agreed to sell itself to private equity firm Roark Capital in a deal valuing the sandwich chain at more than $9 billion, sources said, ending a long-drawn auction that saw several bids from buyout firms. The deal will make Roark Capital one of the largest restaurant operators in the world. It controls Inspire Brands, the owner of restaurant chains including Jimmy John's, Arby's, Baskin-Robbins and Buffalo Wild Wings. Subway said in February it was exploring a possible sale, drawing interest from private equity firms including Roark, Advent International, TDR Capital and TPG as well as Goldman Sachs' asset management arm. The restaurant chain had then hoped to fetch more than $10 billion, owing to its strong brand and international business.

Persons: Roark, Jimmy John's, Neil Saunders, GlobalData, Goldman Sachs, Anirban Sen, Deborah Sophia, Arun Koyyur Organizations: Roark Capital, TDR, Sycamore Partners, Brands, Baskin, Robbins, Buffalo Wild Wings, Subway, Advent, TDR Capital, TPG, Thomson Locations: U.S, North America, New York, Bengaluru

These conditions, known as an earn-out, defer payment on part of the deal consideration, the sources familiar with the matter said. The arrangement helped bridge a gap in the valuation expectations between Roark Capital and the DeLuca and Buck families that own Subway, according to the sources. The deal will make Roark Capital one of the largest restaurant operators in the world. Subway said in February it was exploring a possible sale, drawing interest from private equity firms including Roark, Advent International, TDR Capital and TPG as well as Goldman Sachs' asset management arm. Roark and Subway have 12 months to close the deal, which has a 4% breakup fee, sources said.

Persons: Roark, DeLuca, Buck, Jimmy John's, Neil Saunders, GlobalData, Goldman Sachs, Anirban Sen, Abigail Summerville, Deborah Sophia, Arun Koyyur Organizations: Roark Capital, TDR, Sycamore Partners, Brands, Baskin, Robbins, Buffalo Wild Wings, Subway, Advent, TDR Capital, TPG, Thomson Locations: U.S, North America, New York, Bengaluru

☆ Subway sandwich chain sells itself to Dunkin' owner Roark Capital
▼ + stars: | 2023-08-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

In this photo illustration, a Subway meal is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas. Roark Capital is buying Subway, ending the sandwich chain's more than five decades of family ownership and marking a new era for the struggling company. Subway dwarfs all of them by number of restaurants, and brings in more annual sales than all but Dunkin'. Through holding company Inspire Brands, Roark owns Dunkin', Baskin-Robbins, Sonic, Arby's, Buffalo Wild Wings and Jimmy John's. Roark plans to keep Subway as a separate entity within its portfolio, Subway CEO John Chidsey told the Journal.

Persons: Roark, Dunkin, Robbins, Jimmy John's, Anne's, Carvel, Neil Saunders, John Chidsey, Chidsey, Fred DeLuca, Peter Buck, Jared Fogle, DeLuca, Buck Organizations: Roark Capital, Subway, TDR, Sycamore Partners, Wall Street, Inspire Brands, Baskin, Buffalo Wild Wings, Focus Brands, Journal ., Business Locations: Austin , Texas, Cinnabon, Connecticut, U.S

Reuters reported on Tuesday on a so-called earn-out agreement that was key to Roark clinching a deal for Subway. Roark prevailed over a rival bidding group led by buyout firms TDR Capital and Sycamore Partners, whose final offer was for $8.75 billion including an earn-out, and $8.25 billion without, the sources said. Roark took the view that the restaurant market is too fragmented for the deal to raise competition concerns, the sources added. Roark and Subway, which announced the deal on Thursday, declined to comment on the terms. Roark currently controls Inspire Brands, the owner of restaurant chains including Jimmy John's, Arby's, Baskin-Robbins and Buffalo Wild Wings.

Persons: Roark, DeLuca, Buck, John's, Jimmy John’s, Jimmy John's, Neil Saunders, Peter Buck, Fred DeLuca, JPMorgan Chase, Sullivan, Cromwell, Weiss, Garrison, Roark Capital, Morgan Stanley, Anirban Sen, Abigail Summerville, Deborah Sophia, Greg Roumeliotis, Marguerita Choy Organizations: Roark, Reuters, Subway, TDR Capital, Sycamore Partners, Inspire Brands, Baskin, Robbins, Buffalo Wild Wings, JPMorgan, Cromwell LLP, Thomson Locations: Connecticut, U.S, Bridgeport , Connecticut, The Milford , Connecticut, Rifkind, Wharton, New York, Bengaluru

A Subway sandwich shop logo is pictured in the Manhattan borough of New York February 14, 2014. These conditions, known as an earn-out, defer payment on part of the deal consideration, the sources said. The Wall Street Journal reported on Monday that Roark Capital was nearing a deal to buy Subway for about $9.6 billion. A spokesperson for Subway declined to comment, while representatives for Roark and TDR did not immediately respond to requests for comment. Roark controls Inspire Brands, owner of the Jimmy John's, Arby’s, Baskin-Robbins, Buffalo Wild Wings, Dunkin’, Rusty Taco and SONIC Drive-In chains.

Persons: Carlo Allegri, Roark, DeLuca, Buck, John's, TDR, Sycamore, Goldman Sachs, Fred DeLuca, Peter Buck, Jimmy John's, Dunkin ’, Rusty Taco, Jimmy John’s, Abigail Summerville, Anirban Sen, Greg Roumeliotis Organizations: REUTERS, TDR, Sycamore Partners, Goldman Sachs, Subway, Street, Roark Capital, Goldman, Inspire Brands, Baskin, Robbins, Buffalo Wild Wings, Thomson Locations: Manhattan, New York, TDR Capital, Bridgeport , Connecticut, The Milford , Connecticut, U.S, Champaign , Illinois

☆ TSX hits a 2-month low as dividend-paying stocks fall
▼ + stars: | 2023-08-21 | by ( Fergal Smith | ) www.reuters.com time to read: +2 min

The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended down 33.52 points, or 0.2%, at 19,784.87, its lowest closing level since June 27. "Interest rates continue to climb, which is something negative for the TSX which is littered with dividend payers," said Barry Schwartz, a portfolio manager at Baskin Financial Services. Stocks paying high dividends dominate the real estate, utilities and financials sectors. Shares of Restaurant Brands International (QSR.TO) gained 0.9% after J.P.Morgan initiated coverage on the stock with an "overweight" rating.

Persons: Chris Helgren, Barry Schwartz, Stocks, Fergal Smith, Shubham Batra, Shashwat Chauhan, Shilpi Majumdar, Deepa Babington Organizations: Toronto Stock Exchange, REUTERS, Energy, Toronto Stock, TSX, Baskin Financial Services, Bank of Canada, Technology, Restaurant Brands, Thomson Locations: Toronto , Ontario, Canada, Real, Toronto, Bengaluru

☆ Subway nears $9.6 bln sale to Arby's owner Roark - WSJ
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +2 min

The Subway restaurant logo is seen on a napkin in this illustration photo August 30, 2017. REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsAug 21 (Reuters) - Roark Capital, which owns restaurants Arby's and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about $9.6 billion, the Wall Street Journal reported on Monday. Another group led by Roark Capital was in the running, the sources had added. It has invested in Inspire Brands, which is the owner of Arby's, Baskin-Robbins, Buffalo Wild Wings and Dunkin' among others. Roark Capital did not immediately respond to a Reuters request for comment.

Persons: Thomas White, Roark Capital, Roark, Dunkin, Fred DeLuca, Peter Buck, Ananya Mariam Rajesh, Deborah Sophia, Shinjini Organizations: REUTERS, Buffalo Wild Wings, Wall Street, Reuters, TDR Capital, Sycamore Partners, Subway, Roark Capital, Inspire Brands, Baskin, Robbins, Thomson Locations: Sycamore, Bridgeport , Connecticut, North America, Bengaluru

☆ How America fell out of love with ice cream
▼ + stars: | 2023-07-16 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +9 min

Ice cream is “the ultimate comfort food.”Drinkers swapped a pint for a scoop, and for ice cream makers, Prohibition was a boon. “In fact they say that the ice cream business is bound to increase in volume from year to year as more people are using ice cream since the coming in of nation-wide prohibition and the going out of the saloon.”The interest in ice cream continued in World War II, buoyed by the government’s use of the frozen dessert to help boost morale. Margaret Bourke-White/The LIFE Picture Collection/Shutterstock“We built pop-up ice cream factories on the front lines, delivered individual ice cream cartons to foxholes and spent more than a million dollars on a floating ice cream barge that patrolled the Pacific delivering ice cream,” Siegel said. Scoops of Falooda ice cream are placed on top Blueberry Lavender ice cream at Pints of Joy in Sunnyvale, California. Today, she teaches aspiring ice cream entrepreneurs how to make ice cream.

Persons: Earl Leaf, Michael Ochs, Baskin Robbins, —, Matt Siegel, ” Siegel, Yuengling, ”, Margaret Bourke, “, Siegel, John Robbins, Robbins, Burt Baskin, Robbins ’, ” Robbins, Robbins “, Deepak Chopra, Marianne Williamson, Lucas Fuess, Richard B, Levine, Levine Roberts, Fuess, John Crawford, “ There’s, Circana, Aric Crabb, Talenti, Earl Grey, ” Crawford, Bryan Olin Dozier, Deborah Lee Organizations: New, New York CNN, US Department of Agriculture, Michael Ochs Archives, Food, Anheuser, Busch, Manufacturers, Cream, Baskin, New York Times, Rabobank, MediaNews, East Bay Times Locations: New York, NY, American, USS Maryland, Chicago , Illinois, Circana, Joy, Sunnyvale , California, Van Leeuwen, North Carolina

☆ Where to get free ice cream and other deals on National Ice Cream Day
▼ + stars: | 2023-07-16 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

July is National Ice Cream Month, and July 16 is National Ice Cream Day. Here's some of the places with free ice cream and other deals on National Ice Cream Day. Lucky for us, July is National Ice Cream Month, and today is National Ice Cream Day, so there's plenty of deals and discounts on ice cream on offer. Insomnia CookiesInsomnia Cookies is offering a free scoop of ice cream with an in-store purchase or local delivery order, from July 14-16. Van LeeuwenFor any New Yorkers, Van Leeuwen's cofounders and Lead Ice Cream Taster will be handing out free ice cream next week, on July 18, from 4-6pm at their SoHo location.

Persons: Robbins, Uber, Carvel, Leeuwen, Van Leeuwen's cofounders Organizations: Cream, Service, Baskin Locations: Wall, Silicon, DoorDash, order.carvel.com

☆ National Ice Cream Day 2023: From Dairy Queen to Baskin Robbins—here's where to find free and discounted ice cream this weekend
▼ + stars: | 2023-07-15 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

National Ice Cream Day is Sunday, July 16, and retailers across the country are joining in on the holiday to share their sweet treats with consumers. And it's not just ice cream brands getting in on the holiday. Here are a few notable offers for National Ice Cream Day. Insomnia Cookies is offering a free ice cream scoop with any purchase. is offering a free ice cream scoop with any purchase.

Persons: Fry, Baskin Robbins, Warren Buffett Organizations: Cream, Amazon, Cold Locations: Italian

☆ Opinion: A boast that could sink Trump
▼ + stars: | 2023-05-21 | by ( Richard Galant | ) edition.cnn.com time to read: +20 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —“I’m the one that got rid of Roe v. Wade,” former President Donald Trump boasted Tuesday on Newsmax. Congress has the power to rein in the court, wrote CNN legal analyst and law professor Steve Vladeck, whose new book “The Shadow Docket” focuses on the Supreme Court. Courtesy Boaz FreundIn 2019, then-President Trump issued an executive order requiring hospitals to post the prices of common medical services and procedures. For some, its celebration of a multiracial but purely fictional British aristocracy may even be a big part of its appeal.”As escapism, “Queen Charlotte” is a success.

☆ Some TD shareholders urge bank to ditch or renegotiate First Horizon deal
▼ + stars: | 2023-04-04 | by ( Maiya Keidan | ) www.reuters.com time to read: +3 min

Regional lenders in the U.S. face a crisis of confidence after the collapse of Silicon Valley Bank and Signature Bank last month. First Horizon shares are trading almost 30% below TD's offer price of $25 each, which points to the high risk to the deal closing. TD offered a 37% premium to buy First Horizon more than a year ago in a deal that would make TD the sixth-largest U.S. bank, operating in 22 states. Even the shareholders who support TD going ahead with the deal say it should not pay the original price proposed. A First Horizon top-20 shareholder told Reuters he expects the deal to be extended with no other changes.

☆ Joe Exotic welcomed a newly indicted Trump to the 'party' of presidential candidates charged with crimes
▼ + stars: | 2023-04-03 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Joe Exotic welcomed Donald Trump to the club of presidential candidates charged with crimes. "Former President Trump now that you have been indicted- Welcome to the party!" Exotic wrote on Instagram. The "Tiger King" star took to Instagram to welcome Trump to the "party" after Trump was indicted on Thursday. Despite being in prison, Exotic announced on Twitter in March that he had launched a long-shot 2024 presidential bid.

☆ Joe Exotic is running a long-shot 2024 campaign for president, all while serving 21 years in prison for his role in a murder-for-hire plot
▼ + stars: | 2023-03-21 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Joe Exotic of "Tiger King" fame is running a long-shot 2024 campaign as a libertarian. At press time, Exotic's 2024 campaign appeared to still need some staffers. Exotic listed several "celebrities and influencers" who he says have endorsed him, including a man named Seth Posey, whose occupation is listed only as "Joe's fiancé." Angela McArdle, chair of the Libertarian Party, slammed Exotic's campaign in an interview with TMZ on March 19. Exotic, McArdle, and Meester did not immediately respond to Insider's requests for comment outside regular business hours.

☆ Credit Suisse fears hit Toronto's main stock index
▼ + stars: | 2023-03-15 | by ( ) www.reuters.com time to read: +2 min

TORONTO, March 15 (Reuters) - Canada's main stock index fell 1.6% on Wednesday, dragged down by energy and financial stocks as Credit Suisse spooked world markets, renewing concerns of a banking crisis. By provisional close on Wednesday, the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) was down 315.32 points at 19378.84, its worst day since December 2022. Canadian financial stocks (.SPTTFS) fell 1.9% on Wednesday, mirroring global financial stocks in falling once again, following a brief relief rally on Tuesday, as Credit Suisse (CSGN.S) hit a record low after the Swiss lender's biggest backer said it would not buy any more shares. Brent crude fell 4.1% to $74.26 a barrel. The Toronto market's industrials and utilities sectors escaped the losses on Wednesday, up 0.8% and 0.2% respectively.

"China was closed for months and just improving economic data gives buyers of commodity stocks confidence that those prices can hold, and as we know it is a good chunk of the TSX index," said Barry Schwartz, portfolio manager at Baskin Financial Services. The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended up 244.37 points, or 1.2%, at 20,581.58, its highest closing level since Feb. 16. Wall Street also advanced as U.S. Treasury yields eased and economic data helped investors look past the growing likelihood that the Federal Reserve will keep its restrictive policy in place for longer than anticipated. Sleep Country Canada Holdings Inc (ZZZ.TO) was up 5.9% after the company's fourth-quarter sales and earnings beat estimates. Reporting by Johann M Cherian in Bengaluru; Editing by Shilpi Majumdar and Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

☆ TSX climbs as materials stocks gain on higher gold, copper prices
▼ + stars: | 2023-03-03 | by ( Johann M Cherian | ) www.reuters.com time to read: +2 min

ET (1512 GMT), the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) was up 99.49 points, or 0.49%, at 20,436.7. The materials sector (.GSPTTMT) climbed 0.6%, tracking strength in copper and gold prices as strong economic data in top consumer China raised demand hopes. Following a volatile February, the TSX tracked weekly gains of 1.2%, its best performance in seven weeks. The index is on track to snap three straight weekly declines as strong economic data from China allayed fears of a global economic slowdown. Among stocks, Suncor Energy Inc (SU.TO) added 0.8% after Equinor (EQNR.OL) said it would acquire the British oil and gas business of the energy firm for $850 million.

☆ How the market has changed in the 20+ years I’ve covered it
▼ + stars: | 2023-03-03 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

Eastman Kodak (KODK) was a Dow stock. I’ve written about B2B (aka business-to-business) software companies, cloud computing firms, IPOs and SPACs, and cannabis/pot stocks. There have been more flavors of the month in the stock market during my CNN career than at your local Baskin-Robbins. It’s fine to have a lot of your money in S&P 500 ETFs and other funds that will track the broader market. “We still continue to believe that over long periods of time, stocks provide a reasonable hedge against inflation,” Patterson said.

☆ Restaurants open on Christmas Day 2022: McDonald's, IHOP, Denny's, and more
▼ + stars: | 2022-12-23 | by ( Nancy Luna | ) www.businessinsider.com time to read: +8 min

Benihana: Open Christmas Day and Christmas Eve. Bar Louie: Open Christmas Day and Christmas Eve. May be open Christmas Day, depending on location or franchiseGolden Corral: Some locations will be open Christmas Eve and Christmas Day. Closed Christmas Day, but open Christmas EveTaco Bell: Restaurants are open on Christmas Eve. Friendly's: Open on Christmas Eve until 6 p.m.In-N-Out: Open from 10:30 a.m. to 11 p.m. on Christmas Eve.

☆ Biden calls testimony from Jan. 6 committee hearing 'devastating'
▼ + stars: | 2022-10-16 | by ( Summer Concepcion | ) www.nbcnews.com time to read: +2 min

President Joe Biden said Saturday that he found testimony presented during the House Jan. 6 committee’s hearing last week to be “devastating” and that the panel has made an “overwhelming” case. But it’s— I think it’s been devastating," he said. I’ve not spoken with him at all.”The committee’s hearing Thursday — the last before the midterm elections — delve into former President Donald Trump’s mindset as the violence at the Capitol unfolded on Jan. 6, 2021. Former Trump White House aides testified that Trump privately knew he had lost the 2020 election, despite espousing false claims of widespread election fraud. The hearing concluded with the committee voting unanimously to subpoena the former president for documents and testimony.

☆ Biden said the Jan. 6 committee has made a 'fairly overwhelming' case and called the newly released footage 'devastating'
▼ + stars: | 2022-10-16 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

The Jan. 6 committee met on Thursday and unanimously voted to subpoena former President Donald Trump. "I think the testimony, the video are absolutely devastating," Biden said, during an unscheduled trip to Baskin-Robbins. "I mean, the case has been made, it seems to me fairly overwhelming," Biden said on Saturday, commenting on the facts presented by the House committee. During Thursday's hearing, the Jan. 6 House committee unanimously voted to subpoena Trump, who said he would only speak to the committee if his comments were televised live, The New York Times reported. House Committee did not immediately respond to Insider's request for comment.

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