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Yum Brands sells Pizza Hut for $2.7B, sharpens focus on Taco Bell and KFC

Business

Yum Brands sells Pizza Hut for $2.7B, sharpens focus on Taco Bell and KFC

Yum Brands announced on Tuesday that it is selling Pizza Hut to private equity firm LongRange Capital for $2.7 billion, completing a strategic review of the iconic pizza chain and enabling the company to focus on faster-growing brands likeTaco Bell and KFC.The transaction would mark a significant shift for one of America's most recognizable pizza chains and underscores growing consolidation across the restaurant industry as operators navigate slowing consumer demand […]

todayJune 16, 2026 2

Midwest and Southern states dominate housing report cards: See how yours scored

Business

Midwest and Southern states dominate housing report cards: See how yours scored

The states with the best affordability for homebuyers and that are facilitating the most construction of new homes are centered in the Midwest and South, according to a new report.Realtor.com released the 2026 edition of its housing report cards for all 50 states plus the District of Columbia, which showed that states across the Midwest and South outperformed their peers from the Northeast and West.While no states earned an A+ […]

todayJune 15, 2026 11

KFC adds new menu items, updates logo as part of global brand refresh

Business

KFC adds new menu items, updates logo as part of global brand refresh

KFC is launching what it calls its "next chapter" globally, rolling out new menu items, redesigned restaurants and refreshed branding as the fast-food giant looks to strengthen its position in the increasingly competitive chicken market.The Yum Brands-owned chain said Monday that the initiative will eventually touch its more than 34,000 restaurants across over 150 countries. KFC noted that a new restaurant opens somewhere in the world roughly every 3.5 hours."As […]

todayJune 15, 2026 15

Fox Corporation announces $22B acquisition of Roku in landmark streaming and live TV deal

Business

Fox Corporation announces $22B acquisition of Roku in landmark streaming and live TV deal

In a move to capture the dual market forces of live broadcast television and digital streaming, Fox Corporation on Monday announced it is acquiring Roku, Inc. for $160.00 per share in a deal valued at an enterprise value of $22 billion. The combination pairs FOX's live entertainment, news and sports portfolios — including The Tubi service, the NFL, MLB and FOX News Media — with the top television streaming platform in […]

todayJune 15, 2026 8

Trump threatens 100% tariff on French wines over digital services tax before G7 summit

Business

Trump threatens 100% tariff on French wines over digital services tax before G7 summit

France must drop its tax on American technology or face a 100% tariff on its wine, President Donald Trump warned hours before departing for the Group of Seven Summit.The U.S. will "have no choice" but to apply the tariffs if French President Emmanuel Macron does not end its 3% levy on large digital services companies."I asked him not to charge American companies, and if they do, I have no choice […]

todayJune 15, 2026 3

Knicks’ Fanatics championship gear flying off the shelves in record fashion

Business

Knicks’ Fanatics championship gear flying off the shelves in record fashion

New York Knicks fans are making up for lost time.The Knicks won their first NBA championship in 53 years on Saturday night after years of hope, heartbreak, and facepalms.But the wait was well worth it, and fans are making sure this year’s run is remembered forever. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COMKnicks championship gear broke Fanatics’ record for the most sold by any title winner in the four major […]

todayJune 15, 2026 3

Porsche turns ‘Toy Story 5’ characters into real-life dream cars

Business

Porsche turns ‘Toy Story 5’ characters into real-life dream cars

Porsche is bringing Disney and Pixar’s "Toy Story" characters to life on four wheels.The luxury automaker unveiled three one-of-one Porsche 911 models inspired by Woody, Buzz Lightyear and Jessie at the Los Angeles world premiere of Disney and Pixar’s "Toy Story 5."The custom cars were created by Porsche’s Sonderwunsch department – German for "special wishes" – which serves as the company’s personalization program.The trio will be sold as part of […]

todayJune 14, 2026 7

Knicks star Jalen Brunson reveals why he still has love for Texas

Business

Knicks star Jalen Brunson reveals why he still has love for Texas

New York Knicks star Jalen Brunson may be the king of the city after leading the team to their first championship since 1973, but he still has a lot of love for Texas.Brunson was asked about his streak of winning championships in Texas, dating back to his national championship victory at Villanova. He also started his career with the Dallas Mavericks, giving the Lone Star State a special place in […]

todayJune 14, 2026 16

CDC urges parents to stop using Nara Organics infant formula after three babies hospitalized with botulism

Business

CDC urges parents to stop using Nara Organics infant formula after three babies hospitalized with botulism

Federal health officials are urging parents to immediately stop using a popular organic infant formula after three babies were hospitalized with botulism in a multistate outbreak linked to the product.The Centers for Disease Control and Prevention said all three infants consumed Nara Organics Whole Milk Organic Infant Formula before becoming ill.The babies, who ranged in age from 2 to 5 months, were hospitalized and treated with BabyBIG, the FDA-approved treatment […]

todayJune 14, 2026 2