Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020.Luke Sharrett | Bloomberg | Getty ImagesYum Brands on Tuesday reported quarterly earnings and revenue growth, fueled by strong demand for Taco Bell and improved U.S. sales for KFC.The restaurant company also announced plans to review strategic options for Pizza Hut. The embattled pizza chain has struggled to win over diners in recent years. In its home market, pizza fatigue after pandemic lockdowns have led to slumping sales, and rivals like Domino’s Pizza have stolen share from Pizza…
Author: usaeverydaylife
Dick Cheney, a driving force behind the U.S. invasion of Iraq in 2003 who was considered by presidential historians as one of the most powerful vice presidents in U.S. history has died at age 84, his family said in a statement on Tuesday.Cheney died Monday night from complications of pneumonia and cardiac and vascular disease, his family said.The Republican – a former Wyoming congressman and secretary of defense – was already a major Washington player when then-Texas governor George W. Bush chose him to be his running mate in the 2000 presidential race that Bush went on to win.As vice…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOscar Munoz, former United Airlines chairman and CEO, joins ‘Squawk Box’ to discuss the impact of government shutdown on air travel and flight delays. Source link
Dara Khosrowshahi, CEO, Uber Technologies speaks during the third day of the FII PRIORITY Summit held at the Faena Hotel on February 21, 2025 in Miami Beach, Florida. Joe Raedle | Getty ImagesUber beat Wall Street’s third-quarter revenue expectations on Tuesday.Shares fell 4%.Earnings per share: $3.11. It was not immediately clear if that was comparable to the 68 cents expected by LSEG analysts.Revenue: $13.47 billion vs. $13.28 billion expected by LSEG”This was our strongest growth since the end of 2023 and the largest trip volume increase in Uber’s history outside the post-Covid rebound,” wrote CEO Dara Khosrowshahi in prepared remarks.Revenues jumped 20% from…
A Pizza Hut store is seen on November 01, 2023 in Austin, Texas. Pizza Hut’s third-quarter revenue fell short of analysts’ expectations for same-store sales. Brandon Bell | Getty ImagesYum Brands on Tuesday announced that it will explore strategic options for Pizza Hut.”The Pizza Hut team has been working hard to address business and category challenges; however, Pizza Hut’s performance indicates the need to take additional action to help the brand realize its full value, which may be better executed outside of Yum! Brands,” Yum CEO Chris Turner said in a statement.The company has not set a deadline or definitive timetable…
Kimberly-Clark CEO Mike Hsu told CNBC’s Jim Cramer that his company’s planned acquisition of Tylenol maker Kenvue will create value for shareholders, even as the pain reliever is scrutinized by the Trump administration.He also said Tylenol sales have “seen a little bit of impact, but less than you would think” from Secretary of Health and Human Services Robert F. Kennedy Jr. and President Donald Trump promoted unfounded claims linking the use of Tylenol’s active ingredient, acetaminophen, during pregnancy to autism.”I think the brand has been very resilient,” Hsu said. “While I’m still getting into it, so, I’m no expert on…
Ferrari technicians inspect supercars on the production line inside the company’s factory in Maranello, Italy, October 2, 2025. REUTERS/Remo Casilli/File PhotoRemo Casilli | ReutersLuxury carmaker Ferrari on Tuesday reported stronger-than-expected third-quarter profit, with net revenues jumping more than 7% compared to the same period last year.The Maranello, Italy-based sports car manufacturer posted net profit of 382 million euros ($439.5 million) for the July-September period, reflecting a nearly 2% increase from the same period last year.Analysts had expected first-quarter net profit to come in at 367.33 million euros, according to an LSEG compiled consensus.”We continue to advance with conviction and strong…
Indian visitors talk on their mobile phones outside the Google stall at the India Mobile Congress in New Delhi on Sept. 27, 2017.Prakash Singh | AFP | Getty ImagesArtificial intelligence companies racing to expand in India are not just chasing customers — they are enlisting millions of users to help train AI models for the world.Google and Perplexity AI are offering their services free for 12 to 18 months through partnerships with local telecom providers Reliance Jio and Bharti Airtel, while OpenAI has made its ChatGPT Go plan free nationwide for one year.”India stands at the intersection of youth, digital…
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | ReutersNorway’s $2 trillion sovereign wealth fund said it will vote against Elon Musk’s trillion-dollar pay package at Tesla’s annual shareholder meeting this week, rebelling against management guidance and threats from Musk to step down if the deal is rejected.Norges Bank Investment Management (NBIM), which manages the fund — the largest of its kind in the world, and a major shareholder in Tesla — said on Tuesday that it had already cast its vote against Musk’s remuneration package as CEO of…
Australia’s central bank now sees core inflation staying above its target band out to the middle of 2026.Brendon Thorne | Bloomberg | Getty ImagesAustralia’s central bank now sees core inflation staying stubbornly above its target band out to the middle of 2026 as consumer demand and house prices pick up faster than expected, seemingly limiting room for further cuts in interest rates.The Reserve Bank of Australia was widely expected to hold rates at 3.60% on Tuesday as an uncomfortably high reading on third-quarter inflation crushed any hopes of a cut. It had eased policy three times this year in February, May and August.In its quarterly Statement on Monetary Policy, the RBA said recent data — including stronger economic growth, sticky inflation and…
