1. McDonald’s to Invest $250 Million to Diversify Franchise Owners

    Chicago Sun BoardNews
    McDonald’s to Invest $250 Million to Diversify Franchise Owners

    McDonald’s, facing a lawsuit from Black former franchisees that alleges discrimination, said Wednesday it will commit $250 million in a five-year plan to diversify the ranks of its restaurant owners. The program will bolster recruitment and training and focus on alternative financing to lower upfront costs for prospective franchisees who have limited access to capital. The company did not propose a specific reduction in its equity requirements...

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