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Taco Bell, KFC parent company blames poor sales on Middle East conflict

The company, the parent company of multiple fast food brands including Taco Bell, KFC and Pizza Hut, said sales took a hit in the fourth quarter amid ongoing tensions in the Middle East. Yum Brands CEO David Gibbs said: during a call with an investor “Sales were impacted by conflicts in the Middle East, with […]

2024 F1 season previews: Will Alpine be stuck in the middle again?

It would be no exaggeration to say that the 2023 F1 season was a turbulent one for Alpine. The origins of the upheaval date back to the second half of the 2022 season. Prior to that season’s Hungarian Grand Prix, Sebastian Vettel announced that he would retire at the end of the season, ending weeks […]

Record-High Credit Card Debt Brutalizes Middle Class in Biden’s America

Record-high levels of credit card debt “are primarily hurting low- and middle-income Americans, who tend to rent,” the far-left Associated Press reported. report. The AP article itself is a joke. Time and time again, they fail by using statements like “The U.S. economy is generally healthy,” or “The U.S. economy is currently doing better than […]

McDonald’s sales hit over Middle East conflict

S&P Global Vice Chairman Daniel Yergin analyzes the energy sector in “Craman Countdown.” McDonald’s sales took a hit in the latest quarter due to ongoing turmoil in the Middle East. This primarily affected the international development licensing market and the segment where same-store sales increased by only 0.7%. The company said the small increase reflected […]

Sullivan says US retaliatory strikes in Middle East ‘not the end of it’

White House National Security Advisor Jake Sullivan said Sunday that the United States would issue additional orders to Iranian-backed groups after two attacks over the weekend in Syria, Iraq and Yemen. He admitted that he “intended” to launch an attack and action. The US military launched its first round of airstrikes against Iranian-backed groups in […]