Companies with investments in Russia -- such as General Electric Co. and Boeing Co. -- are growing concerned as the U.S. prepares to impose tougher sanctions over the crisis in Crimea that may spur retribution against corporate interests.
Sbarro LLC, the 800-restaurant U.S. pizza chain, filed for bankruptcy protection for the second time in three years as customer traffic slowed in the shopping-mall food courts where many of its stores do business.
Yum! Brands Inc., owner of the KFC and Pizza Hut brands, said same-store sales rose 2 percent in China last month, trailing analysts’ estimates, as its fried- chicken and pizza chains face more local rivals.
Pizza Hut’s U.K. business, which is being sold by Yum! Brands Inc., may be acquired by buyout firm Endless LLP after other bidders dropped out, the Sunday Times reported, without saying where it got the information.