Group 1 - The Federal Reserve's upcoming two-day meeting is a focal point for investors, with a 93% probability of a 25 basis point rate cut anticipated [1][2] - Companies such as FedEx, Lennar, and Meta are also in focus for their earnings reports next week, alongside the Fed meeting [1][2] - Dave & Buster's is highlighted for its improved technical strength, achieving a 90-plus relative strength rating [4] Group 2 - The stock market is experiencing mixed actions, with notable movements including FedEx's decline and Nvidia reaching an all-time high [4] - The market is preparing for significant events, including discussions around potential new leadership for the Federal Reserve and developments in sectors like drone technology and pharmaceuticals [4]

Core Points - A bipartisan group of Congress members introduced the American Franchise Act to clarify the legal definition of joint employer, aiming to relieve franchisors from significant responsibility regarding franchisees' labor law compliance issues [1][2] - The bill emphasizes that franchisees are independent business owners who control their operations and labor relations, with franchisors only considered joint employers under specific conditions defined by the National Labor Relations Act [2][3] - The joint employer standard has evolved through various administrations, with significant changes occurring in 2015, 2017, and 2020, impacting the liability of franchisors for labor standards [4][5][6] Legislative Background - The Browning-Ferris Industries decision in 2015 established a precedent for holding franchisors liable for labor standards, even with indirect control over employees [4] - The 2017 Trump administration overturned this rule, and a new 2020 rule exempted franchisors from responsibility for franchisees' labor compliance [5] - In October 2023, the NLRB attempted to broaden the joint employer rule, but it was subsequently overturned by Congress and blocked by a federal judge in March 2024, reinstating the 2020 version of the National Labor Relations Act [6][7] Industry Support - The American Franchise Act has garnered support from various restaurant industry organizations, including the National Restaurant Association and the International Franchise Association [8]

Company Overview - Dick Portillo 用 1,100 美元在芝加哥开设了一家热狗店，并将其发展成为价值数十亿美元的区域连锁店 Portillo's [1] - Dick Portillo 在 2014 年套现后，购回了一些门店，并建立了一个新的房地产和餐饮帝国 [1]

Company Overview - Dick Portillo 用 1100 美元在芝加哥开设了一家热狗店，并将其发展成为价值 10 亿美元的区域连锁店 Portillo's [1] - Dick Portillo 在 2014 年套现后，购回了一些门店，并建立了一个新的房地产和餐饮帝国 [1]

Dick Portillo opened a hot dog stand in Chicago with $1,100 and built it into a billion-dollar regional chain, Portillo’s. After cashing out in 2014, he bought back some stores and built a new real estate and restaurant empire. https://t.co/4fWsO07OnJ (Photo: Nate Ryan) https://t.co/grKAzphXrN ...

Dick Portillo opened a hot dog stand in Chicago with $1,100 and built it into a billion-dollar regional chain, Portillo’s. After cashing out in 2014, he bought back some stores and built a new real estate and restaurant empire. https://t.co/DlNQ2GVitM (Photo: Nate Ryan) https://t.co/2oxig4yvHS ...

McDonald’s pulled out of the trade group that lobbies on behalf of the restaurant industry, in part over a disagreement regarding how workers are compensated https://t.co/FD9CPPIPJF ...

Dick Portillo opened a hot dog stand in Chicago with $1,100 and built it into a billion-dollar regional chain, Portillo’s. After cashing out in 2014, he bought back some stores and built a new real estate and restaurant empire. https://t.co/FHOAwizadT (Photo: Nate Ryan) https://t.co/IM0tJYwptL ...

Despite recent promos, half of restaurant transactions aren't covered by an existing deal, CEO Chris Kempczinski said. https://t.co/mGW1iFSboI ...

RT Giacomo Tognini (@giacomotognini)Dick Portillo opened a hot dog stand with $1,100 in 1963 and built it into a beloved regional chain around Chicago, Portillo’s. After cashing out in 2014 for nearly $1 billion, he retired--then built a new real estate and restaurant empire.Read @Forbes:https://t.co/UqdeNIUN3X ...