Kfc Owner Spend Millions
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Norway to add millions more to historic increase in defense spending announced last month
The Norwegian center-left government says it wants to add 7 billion kroner, or $630 million to the Scandinavian country’s armed forces over the next 12 years amid increased tensions in the regionABC News - World -
Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
KFC and Pizza Hut reported same-store sales declines, while Taco Bell's same-store sales rose just 1%.CNBC - Business -
KFC, Pizza Hut Feel Pinch From Consumers' Tightening Restaurant Budgets
Yum Brands, the parent company of the chains, reported a 3% quarterly decline in global same-store sales, hurt by a slowdown in the Middle East.The Wall Street Journal - World -
KFC, Pizza Hut Feel Consumers' Tightening Restaurant Budgets
Yum Brands, the parent company of the chains, reported a 3% quarterly decline in global same-store sales, becoming the latest restaurant operator to report lower-than-expected sales.The Wall Street Journal - World -
Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square
Prosecutors are examining financial practices at Block, owner of Cash App and Square. An internal document indicates Block processed transactions for terrorist groups.NBC News - Top stories -
Why Small-Business Owners Are Optimistic About 2024 Revenue--but Not the Economy
A new survey unpacks the reasons behind entrepreneurs' rosy outlook and reveals why they're less bullish on the economy overall.Inc. - Business -
Sixers owners buy G6 tickets to block Knicks fans
The owners of the 76ers and former minority owner Michael Rubin have purchased tickets for Game 6 of Philadelphia's playoff series against the Knicks in an attempt to block New York fans from once again overrunning Wells Fargo Center.ESPN - Sports -
Is Big Tech's Spending Stifling AI Startups Innovations?
Critics say technology giants' multibillion-dollar spending on AI infrastructure makes it hard for startups to compete.Inc. - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Tech -
Using debt to finance government spending is not a free lunch
Government debt can be a valuable tool — but it has consequences.MarketWatch - Business -
Construction spending posts bigger-than-expected drop
Construction spending fell 0.2% in March, the Commerce Department reported Wednesday.MarketWatch - Business -
Giuliani’s Bankruptcy Creditors Demand to Know His Spending
Rudy Giuliani promised a bankruptcy court that he would limit his spending, but it didn’t take long before he broke that pledge, and by a lot.The New York Times - Top stories -
Colombian military loses millions of bullets
Military personnel have been selling weapons to arms traders, says President Gustavo Petro.BBC News - Top stories -
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's
Starbucks, Pizza Hut and KFC are among the chains that reported same-store sales declines this quarter.CNBC - Business -
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's
It’s finally here: the long-predicted consumer pullback.NBC News - Top stories -
Rent Board Backs Increases for Millions of New Yorkers
The Rent Guidelines Board cast a preliminary vote to back rent increases of between 2 and 4.5 percent on one-year leases across New York City’s one million stabilized apartments.The New York Times - Top stories - New York -
Tens of millions secretly using WhatsApp in countries that ban it
Will Cathcart reveals how many people are secretly using his app in countries where it is banned.BBC News - Top stories -
‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.The New York Times - Tech -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Investment arm of UK international development plans to boost Africa spending
Nick O’Donohoe says British International Investment ‘needs to be stepping forward’ as it eyes renewable energy sectorFinancial Times - World - United Kingdom -
Investment arm of UK international development plans to boost Africa spending
Nick O’Donohoe says British International Investment ‘needs to be stepping forward’ as it eyes renewable energy sectorFinancial Times - Business - United Kingdom -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Council spends £1.34m buying back land wrongly sold to developers
The council says it wrongly deemed the land as being surplus to requirements, back in 2017.BBC News - Top stories -
Jean Paul Gaultier Owner Puig Brands Prices IPO at Upper End of Range
Puig Brands has priced its initial public offering at the high end of the previously announced range as it prepares to list Friday, in what is set to be the largest IPO so far this year.The Wall Street Journal - Business -
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.The Wall Street Journal - World -
Wrexham owners Ryan Reynolds and Rob McElhenney want to expand stadium capacity to 55,000
Ryan Reynolds and Rob McElhenney have given an insight into their long-term ambitions for Welsh soccer team WrexhamABC News - Sports -
The NWSL has more billionaire owners than ever. Is that enough to hit the next level?
The NWSL's ownership ranks now include the billionaires behind the NFL's Giants and Vikings. Why did this happen, and what does it mean?ESPN - Sports -
Wrexham owners Ryan Reynolds and Rob McElhenney want to expand stadium capacity to 55,000
Ryan Reynolds and Rob McElhenney have given an insight into their long-term ambitions for Welsh soccer team WrexhamABC News - Entertainment -
Dolphins owner Stephen Ross turns down $10 billion offer for control of team, stadium and F1 race, per report
Ross said he wants to keep the control in his familyCBS Sports - Sports -
Dolphins owner Stephen Ross reportedly declined $10 billion for team, stadium and F1 race
The value of the Dolphins and Formula One racing is enormous.Yahoo Sports - Sports -
Suns owner Mat Ishbia says franchise is doing 'excellent.' He's quiet on coach Frank Vogel's future
Mat Ishbia knows the offseason chatter around the Phoenix Suns is it’s a team with a top-heavy roster, salary cap issues and precious little room to maneuver after a disappointing seasonABC News - Sports -
Russell Wilson and Ciara to Pocket $31 Million From Sale of Washington Estate
The famous couple have found a buyer for their 11,000-square-foot Bellevue mansion, after recently selling an adjacent lot for $9.75 million.The Wall Street Journal - World -
Trump threatens to prosecute Bidens if he’s re-elected unless he gets immunity
Time magazine called the ex-president’s plans ‘an imperial presidency that would reshape America and its role in the world’. Donald Trump has warned that Joe Biden and his family could face multiple criminal prosecutions once he leaves office ...The Guardian - World - Donald Trump -
Boca Raton's Most Expensive Home Sale Is a $40 Million Teardown
A luxury home builder purchased the waterfront lot with plans to knock down the 1990s house and rebuildThe Wall Street Journal - World -
Inside America'sPriciest Resort,Where the Cheapest Homes Cost Millions
Sea Island’s 31561 ZIP Code is so exclusive that properties trade without ever having hit the market.The Wall Street Journal - World -
Akiya houses: why Japan has nine million empty homes
New figures show nearly 14% of all houses in Japan are empty – but this real estate glut is attracting growing interest from foreigners. As the declining population continues to impact Japan’s society and economy, the number of vacant houses has ...The Guardian - World - Japan -
Renegade Partners Nets $128 Million as Smaller Funds Have Their Moment
The average size of a U.S. venture fund in the first quarter of this year was $105 million, a 34% fall from all of last year and its lowest level since 2017.The Wall Street Journal - World -
Bill Romanowski files for bankruptcy as government seeks $15.5 million in back taxes
Former NFL linebacker Bill Romanowski has filed for bankruptcy after he was sued by the Department of Justice for $15.5 million in unpaid federal taxes.Yahoo Sports - Sports