KFC-Parent Yum Brands Sales Miss Wall Street Expectations Amid Cautious US Consumer Spending, Middle East Conflict

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.


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Houthi Rebels Fired at 2 Commercial Ships in Red Sea Days After US, UK Hit Dozens of Houthi Targets in Yemen
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Taiwan Chip Giant TSMC to Build Second Japan Factory, With Sony and Toyota Also Investing in the Venture
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ESPN, Fox, and Warner Bros. Discovery Team up for New Sports Streaming Service
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McDonald's and Starbucks blamed the Israel-Hamas conflict for a sales drop in 2023. American restaurant giants McDonald's and Starbucks have pointed fingers at the ongoing conflict between Israel and Hamas as the reason for a decline in sales towards the end of 2023.
A drug-related revelation revealed Elon Musk's extremely tight personal and financial links to Tesla board members, lowering the carmaker's shares.
internet
Alphabet wants to seek external funding for its GFiber internet connection company to expand to other locations.
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