CLEVELAND, Ohio — Two heiresses to Youngstown’s Covelli family brought their infighting over a trust fund to federal court this week.
The trust fund set-up by the late Albert Covelli, at one time one of the country’s largest McDonald’s franchisee owners, has caused friction between his daughter and granddaughter, according to the lawsuit filed in federal court in Cleveland.
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Justin Sullivan Our view McDonald’s Corporation (NYSE:MCD) is known globally for its famous golden arches, delicious fries and, most of all, its value for money menu. It’s share price, however, would definitely look out of place on its savers menu. The business characteristics of McDonald’s are an investor’s dream: a truly globally recognizable brand, a…
Three words: FRIED. ICE. CREAM. That was my absolute favorite menu item at Chi-Chi’s and, thankfully, we had a location here in Owensboro for years. There’s no doubt about it. Our Chi-Chi’s location was one of the most popular restaurants in this town. Remember it? It was located right at the intersection of Frederica Street…
It’s pretty easy to get a really good meal in New Jersey; what with the plethora of unbelievable restaurants we have in the state and our amazing cuisine. Some of the most sophisticated, award-winning restaurants in the Northeast reside right here in New Jersey, as you know. But Valentine’s Day hits different. On Valentine’s Day,…
From franchising’s infancy through today’s dominance of the business model throughout our economy, McDonald’s has been seen as the gold standard. It has been the leader in innovation, profitable operations, and keeping its dirty laundry out of the press. Indeed, in the first 25 years that I practiced, I talked to a grand total of…
At least four young New Jersey patients are being examined as potential cases of severe hepatitis in children — an unnerving national health concern. State health officials say the children — ranging from infants to 7 years old — have all recovered after being hospitalized between October 2021 and February. Hepatitis is inflammation of the…