Sectors
KFC-Parent Yum Brands Sales Miss Wall Street Expectations Amid Cautious US Consumer Spending, Middle East Conflict
Yum Brands, the parent company of fast-food brand KFC, reported lower-than-expected quarterly sales on Wednesday.
Disney Invests $1.5 Billion in ‘Fortnite’ Video Game Maker Epic Games
Disney is investing $1.5 billion in Epic Games, its biggest venture yet in the gaming industry. Disney announced on Wednesday that it will invest $1. 5 billion in Epic Games, marking its largest venture into the gaming industry to date.
How SLM Holdings, the New Fintech Startup, Is Shaking Up Chicago's Tech Scene
Based in the heart of Chicago, Battles, Larry, and Stone are building a fintech company specializing in cash management products and payment services tailored for the retail banking industry. The trio's fintech company, established in 2021 and currently operating in stealth under the guise of their private entity, leverages artificial intelligence and emerging technologies to streamline the migration of physical currencies to digital platforms.
Singapore's Biggest Bank DBS Cuts Ceo’s Variable Pay by 30% Due to Multiple Digital Service Disruptions
DBS, the largest bank in Singapore, reported record earnings for the year 2023 but cut the variable pay of its CEO and other top executives.