A tortilla shortage at Taco Bell could hurt sales and Yum Brands' stock, analyst says
A shortage of tortillas at fast food chain Taco Bell is crippling the chains menu and could endanger its parent company, Yum Brands' stock, Bank of America said.
A shortage of tortillas at fast food chain Taco Bell is crippling the chains menu and could endanger its parent company, Yum Brands' stock, Bank of America said.
South Korea's president said on Wednesday Japan's export curbs on key materials used by South Korean technology firms could be prolonged and Seoul will help companies reduce their reliance on Japanese suppliers.
Japan and South Korea raised the stakes on Tuesday in a dispute that threatens to disrupt global supplies of smartphones and chips, with South Korea denouncing Japanese reports that it had transferred a sensitive chemical to North Korea.
U.S. and Chinese negotiators spoke by phone on Tuesday, continuing discussions to end a trade battle between the world's two largest economies that has upended global supply chains and roiled financial markets.
Airbus confirmed on Tuesday that its deliveries rose by 28% in the first half of the year, putting it ahead of Boeing for the first time in eight years as the U.S. planemaker sees no immediate end to the grounding of its 737 MAX.
The Trump administration will exempt 110 Chinese products, from medical equipment to key capacitors, from hefty tariffs, it said on Tuesday, offering relief to some U.S. firms which have said the taxes harm their bottom lines.
The Secure Act would raise the age when you have to take required minimum distributions to 72, from 70½. By the time you're 89, a brokerage account holding those RMDs could have less in it than it would under current law.
American financier Jeffrey Epstein pleaded not guilty on Monday to charges of sex trafficking as prosecutors accused him of luring dozens of girls as young as 14 to his luxury homes in New York and Florida and paying them for sex acts.
Asian stocks fell to their lowest levels in two and a half weeks on Tuesday as hopes dwindled for a hefty interest rate cut by the U.S. Federal Reserve at the end of the month, while technology companies were pulled lower by Apple Inc's overnight slump.
The U.S. government on Monday said domestic producers were being harmed by imports of fabricated structural steel from China and Mexico, and that it would instruct the customs agency to collect cash deposits from importers of such steel.
Oil prices gained more than 1% in early trade on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row, alleviating concerns about oversupply.
Richard Branson's space-tourism venture, Virgin Galactic, plans to go public as part of a deal with a special purpose acquisition company (SPAC) created by Social Capital LP Chief Executive Officer Chamath Palihapitiya, a person familiar with the matter said.
Nexon Co founder Jungju Kim has abandoned plans to sell a controlling stake in its parent NXC, two sources with direct knowledge of the matter said, scuppering a potentially $16 billion deal that would have been the gaming sector's biggest.
The United States and China are set to relaunch trade talks this week after a two-month hiatus, but a year after their trade war began there is little sign their differences have narrowed.
Qualcomm Inc on Monday asked a U.S. appeals court to pause an antitrust ruling that could drastically alter its business model while it tries to overturn the ruling.