Yum! Brands will sell Pizza Hut in a $2.7 billion deal, with LongRange Capital buying most of the chain and Yum China acquiring the mainland China business. The sale follows declining sales, planned U.S. closures and growing competition from other pizza chains.
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Andy Lewis, the extreme athlete known for BASE jumping and a 2012 Super Bowl halftime performance with Madonna, died in a tandem BASE jumping accident in Utah. Authorities also identified the second victim as 68-year-old Danny Joe Kregle.
Trump arrived at the G7 summit in France touting a signed Iran memorandum and saying the Strait of Hormuz is partially reopening. The summit is also expected to focus on Ukraine, AI, economic issues, immigration and supply chains.
China confirmed it has detained U Min Zin, a U.S. citizen and Myanmar political analyst, on suspicion of espionage and endangering national security. The reasons for his arrest in Kunming remain unclear.
Trump said he canceled planned strikes on Iran and claimed an agreement to end the war was close, but Tehran said nothing had been finalized. The comments followed fresh U.S. and Iranian strikes and new international calls for de-escalation.
A Thai court sentenced Bilal Mohammed and Yusufu Mieraili to death for the 2015 Erawan shrine bombing that killed 20 people and injured more than 120. Both men deny wrongdoing and plan to appeal after a decade-long case criticized by rights groups.
NASA named Randy Bresnik, Luca Parmitano, Frank Rubio and Andre Douglas to the Artemis III crew. The mission will test lunar lander rendezvous and docking in Earth orbit before a planned moon landing attempt in 2028.
The Pentagon has added Alibaba, BYD and Baidu to its list of firms it says support China’s military. China’s embassy condemned the designation as discriminatory, while Alibaba said there is no basis for its inclusion.