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McDonald’s to buy back Israeli franchise amid controversy over support for Israeli soldiers

McDonald’s Corporation has reached an agreement with Alonyal, the franchise owner in Israel, to repurchase all of its restaurants in the country.Since Alonyal announced...

Beauty ecommerce giant Purplle sets sights on brick-and-mortar expansion, eyes $100M investment from ADIA

Purplle, the beauty ecommerce marketplace, aims to expand its presence by opening additional brick-and-mortar stores this year. Additionally, the company is in early talks...

Yum Brands goes high-tech: AI set to reshape operations at Pizza Hut, KFC, and Taco Bell

Pizza Hut, KFC, and Taco Bell are set to significantly enhance their operations through the integration of artificial intelligence. Yum Brands, the parent company...

Levi Strauss raises annual profit forecast following cost reductions; shares soar 7%

Levi Strauss increased its annual profit outlook on Wednesday, citing the apparel company's recent cost reductions from workforce reductions and reduced markdowns on its...