updated - August 4, 2020 Tuesday EDT
Darden Restaurant Inc. has agreed to sell its Red Lobster seafood restaurant chain to San Francisco private equity firm Golden Gate Capital for $2.1 billion, following the warnings of some of its shareholders.
Willow Smith has sparked controversy after a photo of her lying in bed with a 20-year-old was posted on Tumblr. While the pair's behavior is innocent, the picture sparked a backlash from fans who said the setting was too mature for the young teen.
McDonald's is typically associated with a quick, easy and typically unhealthy meal. It may appear curious why a self-confessed food snob and a chef trained at Michelin starred restaurants would confess to enjoying a Big Mac meal here and there.
British retailers are set to enjoy their best growth in Christmas sales since the financial crisis, according to a report published on Monday which forecast consumers would spend at least 2 billion pounds ($3.19 billion) more than in 2012.
Inflation in India unexpectedly hit a seven-month high in September as food prices climbed, increasing the odds for yet another central bank interest rate hike even as the economy stumbles through its worst crisis since 1991.
Yum Brands Inc's chief executive said on Wednesday the company still must fully convince diners in its top market of China that food at its KFC restaurants is safe, following a pair of safety scares, and predicted 2014 would be a "strong bounce back year."