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Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge
Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge
Yum! Brands agreed to sell its iconic Pizza Hut chain for $2.7 billion following a strategic review, separating the struggling pizza brand from its broader restaurant portfolio, which includes KFC, Taco Bell, and The Habit Burger Grill.
LongRange Capital will acquire Pizza Hut's business outside China for $1.5 billion, while Yum China will buy the China business for $1.2 billion. Both transactions are expected to close in the third quarter.
The Stamford, Connecticut-based private equity firm typically invests in...
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Apr 3, 2026 / Tyler Durden
Forget Minnesota - The Amount Of Fraud Uncovered In California Is Staggering
Forget Minnesota - The Amount Of Fraud Uncovered In California Is Staggering
Authored by Christopher F. Rufo, Ryan Thrope, Kenneth Schrupp & Haley Strack via City Journal,
California is a cash machine. The state collects some of the country’s highest income, business, and fuel taxes, and now spends more than $300 billion per year. And yet, everywhere you look, California seems to be falling apart.
The roads are crumbling. Mismanaged wildfires have turned neighborhoods into ash. Drug addiction and homelessness have metastasized, turning parts of Los Angeles and San Francisco into no-go...
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Mar 15, 2026 / Jason Ditz
WHO Condemns Israeli Attacks on Lebanese Health Care Workers That Have Killed at Least 31
The World Health Organization (WHO) has issued a statement condemning the trend of Israeli forces deliberately targeting Lebanese health care workers in the ongoing war against southern Lebanon, calling it a “tragic development” in the escalating crisis. A late Friday attack on a hospital in the border village of Burj Qalawiyeh left at least 17 […]
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Mar 1, 2026 / Tyler Durden
Joe Biden Makes Insane Claim That He Reduced Illegal Immigration
Joe Biden Makes Insane Claim That He Reduced Illegal Immigration
It's time for a fact check. Former President Joe Biden is back after a year largely absent from the public eye, and he's just as incoherent as ever. Biden left the White House in disgrace after a dismal first term when his own party supplanted him as the primary candidate for the 2024 elections against Donald Trump.
His cognitive decline became obvious after his debate performance and questions remain if he was actually aware of the majority of his own executive...
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