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Yum Beats Estimates but Lowers Q3, Q4 Outlook

LOUISVILLE, Ky. – Yum Brands Inc. (YUM) on Wednesday reported that its second-quarter profit rose as the operator of the KFC (search) and Taco Bell (search) fast-food chains continued to see its international business propel sales. But the company lowered its third and fourth quarter guidance, while raising its full-year …

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Ex-Hubby: Mom Forced Kids Into Trunk

McLEAN, Va. – A mother has been charged with felony child abuse and child cruelty after she allegedly forced two of her children to take turns riding in the trunk of a car on an eight-hour drive from Alabama to Virginia. Cheryl Ann Schoonmaker, 38, forced the two girls, ages …

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7-Eleven Profit Jumps, Beats Expectations

DALLAS – 7-Eleven Inc. (SE), the world’s largest convenience store operator, said Tuesday that its second-quarter profit jumped 22 percent as a result of higher sales and cost controls. The company earned $57.2 million, or 45 cents per share, in the three months ended June 30, up from $47 million, …

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