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Struggling Pizza Hut restaurant chain will be sold for $2.7 billion

Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands. Yum said Tuesday that the private equity firm LongRange Capital will buy Pizza Hut, excluding the mainland China business, for ...

Oil prices fall back to $80 per barrel, while US stocks drift

NEW YORK (AP) — Oil prices are sinking again Tuesday and pulled back to $80 per barrel for the first time since early March, while the U.S. stock market drifts near its all-time high. The S&P 500 rose 0.1% following a rally that’s brought it back within 0.6% of its record set earlier ...

Back-to-school shopping in June? Here’s why you need to start now

The back-to-school scramble used to belong to late August, a frantic weekend of crowded aisles and picked-over shelves. That window is moving; a growing share of American families now start buying school supplies in June, weeks before the first bell and long before the seasonal rush peaks. The ...