Pizza Hut Sold to Two Firms for $2.7 Billion

Yum China will acquire Pizza Hut’s locations in mainland China. The private equity firm LongRange Capital will buy its locations in the United States and…

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Rivian cuts hundreds of jobs to reduce costs amid vehicle rollout

Rivian's job cuts highlight the challenges of balancing cost reduction with strategic investment in new product development amid market shifts. The post Rivian cuts hundreds of jobs to reduce costs amid vehicle rollout appeared first on Crypto Briefing.

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Struggling Pizza Hut chain to be sold for $2.7bn

The decision comes after a prolonged period of difficulty for the chain, which has faced increasing competition from a range of rivals.

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