Move would reunite chief executive Brian Niccol with chain he led before joining coffee company two years ago

Starbucks has explored a takeover of Chipotle Mexican Grill, the Financial Times reported on Thursday, in a move that ⁠would reunite chief executive Brian Niccol with the burrito chain he led before joining the coffee giant two years ago.

The potential deal comes as restaurant chains wrestle with uncertain demand from inflation-weary ⁠consumers and rising operating costs, prompting ⁠companies to look ​for new avenues of growth while facing pressure to improve profitability.

Suit says AI tool allows independently owned franchises to exchange nonpublic price and sales information

McDonald’s is facing a lawsuit in federal court over its alleged use of an AI tool to determine pricing across independent franchises, which prosecutors say violates antitrust laws and has unfairly inflated menu prices for Americans.

The vast majority of McDonald’s US stores are independently owned and are said to individually decide on prices under company policy. Antitrust laws require businesses to set prices independently from their competitors, as coordinating prices can stifle market competition and push up costs for consumers.