Former Virginia Governor Robert McDonnell, once a rising star in the national Republican Party, pleaded not guilty to federal charges he used his office to help a businessman in exchange for more than $165,000 in loans and gifts.
Yum! Brands Inc., the owner of the KFC and Taco Bell fast-food chains, and its partners will spend $10 billion over the next seven years adding restaurants in emerging markets to tap increasing demand for eating out.
Yum! Brands Inc., whose KFC fast-food chain is facing more competition in China, said third-quarter profit fell 68 percent and cut its 2013 earnings forecast as same-store sales dropped in the Asian nation.
Yum! Brands Inc., owner of the KFC and Pizza Hut dining chains, will introduce a new advertising campaign to lure consumers in China after a probe into its chicken suppliers hurt sales in the Asian nation.