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Yum Brands is cooking up more than fast food. It’s preparing the industry’s next CEOs

Yum Brands is cooking up more than fast food. It’s preparing the industry’s next CEOs

Customers walk out of a Taco Bell and Pizza Hut restaurant during lunchtime in Los Angeles, California. Kevork Djansezian | Getty Images Looking for the next CEO for your restaurant chain? Try mining the ranks at Yum Brands. The restaurant conglomerate, which owns Pizza Hut, KFC and Taco Bell and reported quarterly results Tuesday, has

Yum Brands is cooking up more than fast food. It’s preparing the industry’s next CEOs Read More »

AI is already impacting the labor market, starting with young tech workers, Goldman economist says

AI is already impacting the labor market, starting with young tech workers, Goldman economist says

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Changes to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to

AI is already impacting the labor market, starting with young tech workers, Goldman economist says Read More »

Trump says pharma tariffs could eventually reach up to 250%

Trump says pharma tariffs could eventually reach up to 250%

U.S. President Donald Trump talks to members of the press at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S., August 3, 2025. Ken Cedeno | Reuters President Donald Trump told CNBC’s “Squawk Box” on Tuesday that planned tariffs on pharmaceuticals imported into the U.S. could eventually reach up to 250%, the highest rate he has

Trump says pharma tariffs could eventually reach up to 250% Read More »

Trump says JPMorgan Chase, Bank of America rejected him as a bank customer

Trump says JPMorgan Chase, Bank of America rejected him as a bank customer

President Donald Trump said Tuesday that the two largest U.S. banks previously rejected him as a customer, reviving claims that conservative clients were being unfairly denied accounts. Trump told CNBC’s “Squawk Box” in a wide-ranging interview that JPMorgan Chase informed him he had 20 days to move “hundreds of millions of Dollars in cash” to

Trump says JPMorgan Chase, Bank of America rejected him as a bank customer Read More »

Alaska Airlines to launch London, Iceland flights, debut new livery for international expansion

Alaska Airlines to launch London, Iceland flights, debut new livery for international expansion

A sample of Alaska Airlines’ new livery for its Boeing 787-9 Dreamliners. Source: Alaska Airlines: Alaska Airlines is starting flights from Seattle to London and Reykjavik, Iceland, next May, adding to its global expansion following its acquisition of Hawaiian Airlines last year. Alaska plans to fly daily between Seattle and London’s Heathrow Airport on its Boeing 787-9

Alaska Airlines to launch London, Iceland flights, debut new livery for international expansion Read More »

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

Piotr Swat | Lightrocket | Getty Images Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC reported U.S. same-store sales declines. Here’s what the company reported for the period ended June 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S. Read More »

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results

Exterior view of the Pfizer headquarters building on January 29, 2023 in New York City. View Press | Corbis News | Getty Images Pfizer on Tuesday hiked its full-year adjusted profit guidance on its cost cuts and strong business performance this year. The company also reported second-quarter results that topped Wall Street’s estimates for the

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results Read More »

Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’

Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’

A window display of actress Sydney Sweeney is seen on a window of an American Eagle store on August 01, 2025 in New York City. Michael M. Santiago | Getty Images Shares of American Eagle surged more than 15% on Monday after President Donald Trump complimented the retailer’s marketing campaign with actress Sydney Sweeney. “Sydney

Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’ Read More »

JFK airport’s .5 billion international terminal is taking shape. See what’s inside

JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside

The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport in New York City is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The

JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside Read More »

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