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A Pizza Hut store is seen on November 01, 2023 in Austin, Texas. Pizza Hut’s third-quarter revenue fell short of analysts’ expectations for same-store sales. Brandon Bell | Getty ImagesYum Brands on Tuesday announced that it will explore strategic options for Pizza Hut.”The Pizza Hut team has been working hard to address business and category challenges; however, Pizza Hut’s performance indicates the need to take additional action to help the brand realize its full value, which may be better executed outside of Yum! Brands,” Yum CEO Chris Turner said in a statement.The company has not set a deadline or definitive timetable…

YouTube did not hold back in its latest jab at Disney.In a statement published on Monday, YouTube TV took a swipe at ABC News, outlining why it won’t restore the news outlet’s stations on its platform for 24 hours.On Monday, Disney sought to thaw weekslong tensions with the Google-owned platform after the two companies failed to negotiate a new contract that would let YouTube TV subscribers watch Disney’s television channels.A Disney spokesperson said in a statement that the company asked YouTube to bring back ABC for Tuesday’s US Election Day. Voters head to the polls for key local contests, including…

Starbucks’ China business is getting a big jolt with a new majority owner.The Seattle-based coffee chain announced on Monday that it would sell a large part of its China business to private equity firm Boyu Capital.In a deal valued at $4 billion, Boyu is acquiring 60% of Starbucks China’s business, with plans to close in the first three months of the year, per a press release.The release said that the Boyu partnership would help elevate Starbucks’ customer experience in China and speed expansion into new cities.In an open letter on Monday, Starbucks CEO Brian Niccol said that through the Boyu…

Reese Witherspoon, 49, is an Oscar-winning actor and a leading Hollywood producer. She says the relentless pressure she put on herself is the reason behind her professional success.”I was probably successful because I had so much anxiety. They go hand in hand,” Witherspoon told Harper’s Bazaar in an interview published Monday.”I had pressured myself to extreme levels to show up at work in a perfect way. We all now know — perfect is not attainable. It’s not sustainable. I stressed myself out in service of my job, and it got me really, really far. I’m rewarded for my anxiety and…

How popular are the Dallas Cowboys?Not popular enough to convince YouTube TV to pay up for Disney’s TV networks, including ESPN, apparently.Roughly 10 million YouTube TV subscribers were unable to watch America’s Team take on the Arizona Cardinals on ESPN’s “Monday Night Football,” as the Disney-owned network remains blacked out on the Google-owned TV service.Disney and YouTube TV’s stalemate centers on money. The media powerhouse wants YouTube TV to pay what it’s calling the market rate for its channels, while YouTube TV warns that doing so would require it to raise prices for the second time in less than a…

Starbucks will form a joint venture with Boyu Capital to operate the company’s locations in China.The announcement on Monday comes after the coffee giant conducted a months-long review of strategic options that included strategic partnerships or a joint venture. CEO Brian Niccol told CNBC’s Jim Cramer last month that the company valued its China business at more than $10 billion.Starbucks opened its first store in China in 1999. By 2015, it had grown to become the company’s second-largest market, trailing only the United States.But in recent years, Starbucks has seen its sales in China plummet, first due to the pandemic…

When people talk about open-concept homes, they rave about how easy they make entertaining or how lovely it is to be able to see their entire living area as they prepare dinner.They don’t mention the fact that all of your dirty dishes are visible when you’re hosting a party, that they can make it impossible to read in your dining area when someone else is watching TV on the couch, or that if one item is left out on the counter, it might be distracting to your eye.Open-concept floor plans were all the rage in home design for a while,…

For years, we’ve heard warnings that computers would soon be able to crank out realistic fake videos — the kind that could fool anyone. Even people who should know better.Looks like that time has arrived.On Friday, Fox News ran a story headlined “SNAP beneficiaries threaten to ransack stores over government shutdown.” The story explained that “SNAP beneficiaries have expressed outrage on social media over the government shutdown that could affect their grocery benefits starting next month — with some even threatening to ransack stores if food stamp payments don’t go through starting Nov. 1.”Then, after online commentators pointed out that…

CPA Canada is asking the Canadian government to advance a framework for independent assurance over artificial intelligence systems, re-engage in the legislative process when it comes to AI, and strengthen AI literacy to support responsible adoption across the country.On Friday, Chartered Professional Accountants of Canada, the national organization representing the Canadian accounting profession, sent a letter to Evan Solomon, minister of artificial intelligence and digital innovation in Canada, offering recommendations to the federal government calling for better collaboration between industries, incentives that support SME adoption, and for trust to be a central pillar of the national AI strategy.The letter noted…

2025-11-03T20:19:09Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Hooters is undergoing a “re-Hooterization” with its original founders in charge. The new management is making changes to employee uniforms as well as the menu. Hooters of America filed for bankruptcy in March. Changes are likely coming to a Hooters restaurant near you as the chain puts bankruptcy behind…