Russia Says Ukrainian Drone Hit Bus Carrying Children in Russia’s Bryansk Region

US, Iran Deal 'Closer' Means 'Framework' Still Being Hammered Out For 'Monthlong' Talks Summary Axios reports that the White House is nearing a preliminary deal with Iran to end the war, as Trump post appears to offer olive branch. Other reports say just hammering out at 'framework' for 'monthlong' talks. White House says it expects a response to the latest offer within 48 hours. Iran's initial response via media & national security spox: US demands are unrealistic & do not reflect reality, & Axios report based on too much 'speculation'. A key caveat of...

Futures Fall As Iran Talks Remain In Limbo, More Ships Intercepted US equity futures are lower, but rapidly rising and now at premarket highs after a CCTV report that talks between Iran and the US in Pakistan may see a breakthrough "tonight or tomorrow"; still the optimism of recent days is being tested, with peace talks in limbo, software concerns reemerging and the bond market flashing warning signals. As of 8:15am ET, S&P 500 futures and Nasdaq 100 contract both fell 0.1%, recovering almost all of their 0.8% overnight drop. Pre-market, Mag 7...

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...