Bristol Myers Faces $6.7 Billion Lawsuit After Judge Allows Key Shareholder Claims to Proceed 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Oil Prices Slip as Russia-Ukraine Peace Hopes Fade and Oversupply Fears Grow 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
U.S. Backs Bayer in Supreme Court Battle Over Roundup Cancer Lawsuits 
U.S. Stocks Slip as Investors Await Fed Rate Decision and Monitor Market Shifts 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
A Burger King franchisee, Sunny Ghai, is planning to expand and make its presence stronger in Northern California. Thus, through the Ghai Management Services Inc. that he owns, they would like to develop at least two new Burger King restaurants.
It was reported that Ghai is looking to set up the new Burger King locations in the greater Sacramento area. Since 1999, it was said that Ghai has already set up more than two dozen franchises throughout Oregon and California, and this includes restaurant brands such as Burger King, Popeyes, Taco Bell, Denny's, and Blaze Pizza.
In the fourth quarter of 2021, Ghai launched a Burger King restaurant on Greenback Lane in Citrus Heights, California and he would like to add more stores on nearby sites. Aside from Popeyes, Sacramento Business Journal reported that the BK franchisee seems to be determined to build two more Burger King outlets within the vicinity as well.
As seen in the documents filed with Sacramento County, it was indicated that the project may build one restaurant at 8125 Watt Ave. while the other site is at 2300 Sunset Blvd. in Rocklin. It was added that the constructions would require a full site build-out where the restaurants will also have drive-thrus.
The locations for possible Burger King outlets are said to have been confirmed by Scott Laeber, the vice president of Epic Global Real Estate Advisors Inc., Ghai's broker in the local market. It was added that the Rocklin site is spacious and measures 2,600 square feet. Then again, the construction in both locations has yet to start.
As posted on the Nation's Restaurant News, Sunny Ghai founded the Ghai Management Services Inc. in California in 1999, where his family immigrated to the U.S. four years before. In India, he had a career in hospitality but decided to open a quick service restaurant (QSR) in 1997.
He initially applied to run a Burger King through a franchise but it was turned down since he had no experience in the fast-food business. He had not raised any capital as well thus he failed to operate a BK store.
Ghai did not stop trying and worked as an operator for two units of Burger King in Northern California. From there, he slowly worked his way up and succeeded. He bought his first restaurant after two years and he is now one of the leading Burger King franchisees in the state.
