Yum Brands recently reported its quarterly financial results, which showed a mixed performance. The company’s earnings per share were $1.35 adjusted, slightly surpassing the analyst’s expectations of $1.33. However, its revenue of $1.76 billion fell short of the anticipated $1.8 billion. The net income for the second quarter was $367 million, or $1.28 per share,
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Delta Air Lines CEO Ed Bastian recently took a bold step to acknowledge the challenges faced by the company’s employees in the wake of massive disruptions caused by a botched CrowdStrike software update. These disruptions led to thousands of customers and crew members being stranded, resulting in the cancellation of over 5,000 flights from July
The recent update on the U.S. Food and Drug Administration’s drug shortage database has brought some relief to users of Eli Lilly’s weight loss injection Zepbound and diabetes drug Mounjaro. However, the fact that these drugs faced shortages for some time raises questions about the challenges in the pharmaceutical supply chain. The scarcity of these
Tadge Juechter, a legendary figure in the automotive industry, recently retired from General Motors after a distinguished career spanning nearly five decades. His impact on the Chevrolet Corvette, particularly with the unveiling of the new 2025 Corvette ZR1, has solidified his position as the “godfather” of the modern Corvette. This article delves into Juechter’s journey,
The recent Summer Olympics in Paris saw a significant rise in viewership, with a total audience delivery average of 34 million viewers over the span of five days. One of the key factors contributing to this surge in interest has been the presence of Snoop Dogg as part of the coverage. The hip-hop artist, known
In a groundbreaking move, Morgan Stanley has announced that it will be allowing its financial advisors to offer bitcoin ETFs to select clients. This decision sets Morgan Stanley apart from other major Wall Street banks, making it the first to take this step. With approximately 15,000 financial advisors under its belt, Morgan Stanley is opening
Eli Lilly’s recent release of late-stage trial data on their weight loss drug, Zepbound, is making waves in the medical community. The findings from the study revealed significant benefits for patients with heart failure and obesity, shedding light on the potential of GLP-1 drugs beyond their traditional use. The study showed that patients who took
Boeing, the aerospace giant, has recently announced the appointment of Robert “Kelly” Ortberg as their new CEO. Ortberg, a veteran in the aerospace industry, will be stepping in to replace Dave Calhoun as the company faces a myriad of challenges. The decision comes at a critical time for Boeing, as they work to recover from
The recent lawsuit filed by Washington, D.C., Attorney General Brian Schwalb against StubHub has shed light on the alleged deceptive and unfair pricing strategies employed by the online ticket exchange platform. The lawsuit accuses StubHub of using misleading advertising tactics, specifically hiding the true price of tickets to attract consumers who end up paying significantly
In a surprising move for the budget airline industry, Spirit Airlines has announced plans to offer a range of ticket packages that include perks traditionally offered as add-ons for an additional fee. This strategy reflects the carrier’s efforts to boost revenue amidst a challenging operating environment that includes increased competition, engine recalls, and market oversupply.