Yum Brands says a new strain of flu is hurting its KFC sales in China, putting added pressure on its efforts to recover from an earlier controversy over its chicken suppliers.
President Obama's State of the Union proposal to raise the federal minimum wage to $9 an hour has the retail industry on edge and fast food stocks struggling.
It's official: Taco Bell's much-anticipated Cool Ranch Doritos Locos Taco -- culinary sequel to the fast food chain's hugely popular nacho-flavored Doritos Locos Taco -- will launch on March 7.
If you don't like coffee or tea, PepsiCo has a new breakfast drink that might perk you up. Kickstart has Mountain Dew flavor but is made with 5 percent juice and Vitamins B and C, along with an extra jolt of caffeine.
The market wasn't overly impressed with Yum! Brands' quarterly report on Tuesday night. The company that watches over Taco Bell, KFC, and Pizza Hut has seen domestic business fall by 2% to 3% at each of its three chains. But Yum! fared substantially better in China, with its popular KFC scoring a whopping 19% spike in comps.
Kentucky Fried Chicken says it is shutting down its fryers for good in Fiji, saying the government compromised its so-called famous blend of 11 herbs and spices by stopping KFC from importing key ingredients. Fiji says that's just an excuse.
Alcoa, Marriott and Yum! Brands to kick off the third-quarter earnings season with modest earnings growth, while jobs numbers could be mixed.







