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Burger King Sued by Franchisees; McDonald’s Fights Falling Stocks

• Burger King francisees are suing their parent chain, claiming that they are being forced to sell a $1 burger that cuts into their bottom line. [AP]

• In an effort to halt falling stock prices, McDonald’s plans to increase capital spending next year, with a focus on remodeling 2,300 stores, and opening only half that many. (They’ve already brought back the McRib in L.A.) [CNN Money]

• A new poll suggests that 60 percent of families sit down for dinner together at least five nights a week. [AP]

• Food producers believe that the volatility in food and commodity pricing incited by the 2008 financial collapse is now a permanent market element. [Reuters]

• A draft declaration for next week’s U.N. food summit does not include a provision to attempt to eradicate world hunger by 2025, a move many had hoped for. [AP]

Burger King Sued by Franchisees; McDonald’s Fights Falling Stocks