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Yum Brands quarterly revenue rises 8%, fueled by Taco Bell and KFC

Yum Brands quarterly revenue rises 8%, fueled by Taco Bell and KFC

Business News

A Taco Bell logo is displayed outside their restaurant on Feb. 28, 2025 in San Diego, California. Kevin Carter | Getty Images Yum 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 […]

Yum Brands quarterly revenue rises 8%, fueled by Taco Bell and KFC Read More »

Yum Brands to review strategic options for Pizza Hut, opening the door to a sale

Yum Brands to review strategic options for Pizza Hut, opening the door to a sale

Business News

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 Images Yum Brands on Tuesday announced that it will explore strategic options for Pizza Hut. “The Pizza Hut team has been working hard to address business

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Starbucks to form joint venture with Boyu Capital to run China business

Starbucks to form joint venture with Boyu Capital to run China business

Business News

A Starbucks outlet in Hangzhou in east China’s Zhejiang province Thursday, Oct. 30, 2025. Long Wei | Feature China | Future Publishing | Getty Images Starbucks on Monday announced it is forming a joint venture with Boyu Capital to operate the company’s locations in China. Under the terms of the deal, Boyu, an alternative asset

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Pfizer files second lawsuit against Novo Nordisk, Metsera in bidding war over obesity biotech

Pfizer files second lawsuit against Novo Nordisk, Metsera in bidding war over obesity biotech

Business News

A Pfizer logo is displayed at a research facility in the La Jolla neighborhood of San Diego, California, U.S., Sept. 30, 2025. Mike Blake | Reuters Pfizer on Monday said it filed a second lawsuit against Novo Nordisk and Metsera, alleging that the Danish drugmaker’s attempt to outbid Pfizer to acquire the obesity biotech is

Pfizer files second lawsuit against Novo Nordisk, Metsera in bidding war over obesity biotech Read More »

Ford, Hyundai report large declines in October EV sales after end of federal credits

Ford, Hyundai report large declines in October EV sales after end of federal credits

Business News

Ford Mustang Mach-E EV vehicles at a Ford dealership in Los Angeles, California, US, on Thursday, Oct 16, 2025. Kyle Grillot | Bloomberg | Getty Images DETROIT — Sales of all-electric vehicles collapsed last month following the end of up to $7,500 in federal incentives for purchasing an EV, several automakers said Monday. Ford Motor,

Ford, Hyundai report large declines in October EV sales after end of federal credits Read More »

Kimberly-Clark agrees to buy Tylenol owner Kenvue in .7 billion deal, creating consumer staples giant

Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant

Business News

Huggies, manufactured by Kimberly-Clark and Band-Aid, manufactured by Kenvue. Getty Images Kimberly-Clark announced Monday it’s struck an agreement to buy Kenvue in a deal valued at $48.7 billion that would create a consumer staples giant. The deal is a combination of cash and stock. Shares of Kenvue surged 20% in premarket trading Monday, while shares

Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant Read More »

Where the blockbuster weight loss drug market stands today — and what’s coming next

Where the blockbuster weight loss drug market stands today — and what’s coming next

Business News

A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Hollie Adams | Reuters The appetite for blockbuster weight loss and diabetes drugs is far from satisfied.  From fresh competition to new uses, the market is quickly vaulting into a new stage of

Where the blockbuster weight loss drug market stands today — and what’s coming next Read More »

‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer marijuana stance

‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer marijuana stance

Business News

Oils containing CBD (Cannabidiol). Geoffroy Van Der Hasselt | AFP | Getty Images Cannabis stocks could be poised for a rally after years of stagnation, fueled by investor optimism over the possibility for new federal rules for hemp-derived products and signals that President Donald Trump could take a more permissive stance on marijuana. Publicly traded

‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer marijuana stance Read More »

Just 5% of CRE companies have achieved their AI goals. Here’s why

Just 5% of CRE companies have achieved their AI goals. Here’s why

Business News

Diminishing perspective of downtown London skyscrapers Chunyip Wong | Istock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large

Just 5% of CRE companies have achieved their AI goals. Here’s why Read More »

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