What's inside Elon's building in Memphis will shock you

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the July 1st funding window closes.

Subway hires former Burger King executive as its new CEO

DEE-ANN DURBIN
July 21, 2025

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 company tried to catch up. In 2022, it announced a line of chef-developed sandwiches after finding that customers were tiring of Subway's traditional model of letting customers build their own subs.

When Roark bought Subway, it said it planned to continue to modernize restaurants and expand internationally. It left in place Subway's CEO John Chidsey, who was the first nonfamily member to lead Subway when he joined the company in 2019. But Chidsey retired late last year.

Roark, which is known for its expertise in restaurant management, backs two holding companies that own multiple restaurant chains: Inspire Brands, the parent of Arby's, Dunkin', Jimmy John's, Sonic and Buffalo Wild Wings; and GoTo Foods, which owns Auntie Anne's, Carvel, Cinnabon and Jamba.

In June, Roark bought Dave's Hot Chicken in a deal valued at $1 billion.

Continue Reading...

Popular

The $10 Stock at the Center of Trump's $100 Trillion Move - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

Bitcoin's 4-Year Cycle Is Dead, Researcher Says: Here's Why It Matters For XRP

The crypto market has changed, and experts say relying on the traditional 4-year halving cycle could leave investors poorly positioned in

Cathie Wood's Ethereum Double-Down: Ark Bets $7.9 Million On ETH-Staking ETF Buy While Selling Coinbase At Highs

On Wednesday, Cathie Wood-led Ark Invest executed significant trades, including substantial purchases in Tempus AI Inc. (NASDAQ:TEM), NVIDIA Corp. (NASDAQ:NVDA), 3iQ Ether Stakin

Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon - Ad

The U.S. Department of the Interior's internal memo has leaked ... and the contents are shocking. A federally backed resource monetization plan may soon go live, and it could trigger a new gold rush into select energy and mineral stocks. Investing legend Whitney Tilson breaks it all down inside.

Elizabeth Warren Has The Receipts: 'Bribery In Plain Sight' Funding Trump's Library

Several companies have donated to President Donald Trump's future presidential library. Senator Elizabeth Warren calls this potential "bribery in plain sight."

Why Is Donald Trump Ignoring Elon Musk's Call For 'Phase 2' Of The Epstein Files?

Musk's post questioning Trump's unfulfilled promise of Epstein-related disclosures reignites tensions over transparency in politics and tech.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

In South Memphis, I uncovered what could be Elon Musk's biggest invention yet. It's so secretive, rivals are flying drones to spy on it. If you're serious about investing in AI, now's the time to see what's really going on inside those walls.

One Tech Tip: How to clean your computer, earbuds and smartphone

LONDON (AP) — Smartphones, laptops, headphones and other electronic devices are essential for work and play in our daily lives. But all that time spent typing, scrolling or listening also means our devices gradually accumulate grime that needs to be cleaned off.

Stunning Trump Policy Unlocks Upfront Cash Payouts - Ad

The U.S. has collected $15B from Trump's tariffs - and now, thanks to Title 15, you could claim your own $100-$1,000 instant upfront cash payouts. No stocks needed. Use your phone and this income technique to collect upfront payouts now.

Drone attacks on oil fields in Iraq's Kurdish region shut down another facility

BAGHDAD (AP) — Drones targeted Wednesday, the latest in a series of attacks in recent days that have put several oil facilities out of commission.

Elon Musk's Grok Became 'Vile' And 'Insane' After MAGA Pivot, Says Economist Paul Krugman

Economist Paul Krugman believes that Elon Musk's Grok AI chatbot became "MechaHitler" because the latter tried to make the AI less "politically correct."

Palantir Makes a Move - Now Look At the Chart - Ad

One under-the-radar company just partnered with Palantir to take autonomous security to the next level.

This WWII-Era Mine Could Fast-Track a Critical Metal Comeback-and Investor Interest - Ad

This critical metal powered the Allied WWII effort-and now it's needed again for defense.. One overlooked firm just revived a historic mine with existing infrastructure, giving it a potential head start.

Republican senators caution Trump against firing Fed chair Jerome Powell

WASHINGTON (AP) — is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President follows through with the politically independent central banker.

Palantir's AI Is Going Physical - Ad

The next wave of security AI is happening now. Palantir just joined forces with a company already doing the work.

Indigenous Wampis are ambushed in Peru after government backs out of anti-mining joint patrol

BOGOTA, Colombia (AP) — An attack by armed assailants on a patrol of a mission by the guards last week in the Peruvian Amazon has again brought into focus the issue of .

Netflix Courts YouTube Stars To Feed Its 'Hungry Audience Waiting To Be Entertained' — Co-CEO Ted Sarandos Hints At Premium Platform Edge Amid Creator Gold Rush

Netflix said it is open to partnering with top YouTube creators like Miss Rachel and the Sidemen—but only if their content fits its premium streaming model, as the company eyes the untapped 80% of global TV viewership to drive future growth.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Inside the high-stakes battle to win a New York City casino license

NEW YORK (AP) — A Caesars Palace casino in the heart of Times Square. A sprawling gambling hall along Coney Island’s iconic boardwalk. A Hard Rock casino complex next to the home stadium of baseball’s New York Mets.

Elon Musk's Tesla Appoints Tech Veteran To Head Sales Amid Executive Exodus: Report

Senior IT exec Raj Jegannathan takes over as sales leader at Tesla Inc. as the company faces declining sales.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Takeaways from the AP's reporting on Trump's business deals

WASHINGTON (AP) — From crypto coins to overseas development deals to an upcoming line of cellphones, President Donald Trump's family businesses have raked in hundreds of millions of dollars since his election.

Settlement reached in investors’ lawsuit against Meta CEO Mark Zuckerberg and other company leaders

WILMINGTON, Del. (AP) — A settlement was announced Thursday in court in a against Meta CEO Mark Zuckerberg and current and former company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the July 1st funding window closes.

This New Themes ETF Lets You Bet On China's ChatGPT Rivals

American investors now have a new way to access China's AI market through Themes China Generative AI ETF, offering low expenses and exposure to Chinese talent.

BitMine Stock Is Trading Higher Wednesday: What's Going On?

BitMine Immersion Technologies, Inc. (AMEX:BMNR) shares are trading higher Wednesday after a Schedule 13G filing revealed that FF Consumer Growth, a firm linked to billionaire investor Peter Thiel, has taken a stake in the company.

The $10 Stock at the Center of Trump's $100 Trillion Move - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

Mark Cuban Once Defended Ripple And XRP: Today, The Legal Drama With SEC Is All But Settled, And The Coin Is Sitting On 295% Gains

Billionaire entrepreneur and popular television personality, Mark Cuban, was among the few voices that strongly backed Ripple Labs and XRP (CRYPTO: XRP) during their years-long legal struggle with the SEC.

FDA names former pharmaceutical company executive to oversee US drug program

WASHINGTON (AP) — The Food and Drug Administration on Monday named a longtime pharmaceutical executive to run the agency’s drug program, the latest in a string of leadership changes at the agency.

Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon - Ad

The U.S. Department of the Interior's internal memo has leaked ... and the contents are shocking. A federally backed resource monetization plan may soon go live, and it could trigger a new gold rush into select energy and mineral stocks. Investing legend Whitney Tilson breaks it all down inside.

Boeing Wins $2.8 Billion US Space Force Contract To Build Nuclear-Resilient Satellites For Strategic Communications

The Boeing Co. has secured a $2.8 billion contract from the U.S. Space Force to develop and produce strategic satellite communications systems, marking a significant win for the aerospace giant's defense portfolio.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

In South Memphis, I uncovered what could be Elon Musk's biggest invention yet. It's so secretive, rivals are flying drones to spy on it. If you're serious about investing in AI, now's the time to see what's really going on inside those walls.

Faced with geopolitics and trade war, US companies in China report record-low new investment plans

WASHINGTON (AP) — American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, while uncertainty in U.S.-China relations and President Donald Trump’s tariffs have become their top concerns, according to a business survey released Wednesday.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service