Activists from Greenpeace unfurled a banner on the Yum Brand headquarters on Gardiner Lane early this morning, in a move they say is meant to protest the company’s paper supplier. The banner has a picture of a Sumatran tiger. It says “KFC, stop trashing my home.” Louisville Metro Police spokesman Dwight Mitchell says four of […]
A comprehensive study on corporate tax avoidance finds that Louisville-based Yum Brands paid no net corporate income taxes to states over the past three years despite colossal profits over $1 billion. The report was compiled by the Institute on Taxation and Economic Policy and Citizens for Tax Justice and lists 68 companies that paid no […]
Louisville-based Yum Brands says it has found buyers for its Long John Silver’s and A&W Restaurant chains. The company says Long John Silver’s is being bought by LJS Partners LLC, led by a group of franchisees and other investors. And A&W is being bought by A Great American Brand LLC, which is led by one […]
Fast-food restaurant operator Yum Brands Inc. says its U.S. business remains in the doldrums as its Taco Bell brand tries to recover from publicity surrounding a dropped lawsuit over the beef content of its taco filling. Yum Chief Financial Officer Rick Carucci told industry analysts Thursday that the company is bracing for another double-digit drop in operating profit in […]
Calling on KFC to improve conditions at its chicken slaughterhouses, members of People for the Ethical Treatment of Animals attended an annual shareholders meeting with Yum Brands executives. The animal rights group owns stock in the fast food company in order to have a voice in shaping its policies and is allowed to have two […]
Created to combat obesity, the Louisville’s Food Policy Advisory Council will hold its second meeting Tuesday where it will it discuss a proposal by Yum Brands to authorize certain food stamp recipients to use their vouchers at fast food restaurants. Local food advocates have criticized the Louisville-based company for lobbying state government to allow the […]
The latest financial report from Louisville-based Yum Brands is slightly below expectations. The fast food giant’s first-quarter earnings were 63 cents per share, one cent below Wall Street analysts’ predictions. The report still shows an increase over the same period last year, when the company reported earnings of 59 cents per share. But shares have […]
The Community Farm Alliance has released a letter outlining the organization’s opposition to Louisville-based Yum Brands’ proposal to allow certain food stamps recipients to use their vouchers at fast food restaurants. Yum is asking Governor Steve Beshear to make the exception for disabled, elderly and homeless recipients. The CFA already took a stand against the change, […]
The Community Farm Alliance is encouraging Kentucky Gov. Steve Beshear to reject a policy that would allow certain food stamp recipients to use their vouchers at fast food restaurants. Louisville-based Yum Brands is lobbying the state to authorize food stamp use at restaurants by the disabled, elderly and homeless. The fast food giant believes the […]
With a government shut-down looming and questions about how such a step would affect the average citizen, Phillip M. Bailey joins us to talk about what lawmakers from Kentucky and Indiana have been saying about the budget impasse and what next week could bring. Rick Howlett reports on a snag in plans to re-open Kentucky Kingdom, and Indiana’s defeated smoking bill.
They’ll also fill us in on a controversial proposal that would allow food stamps to be used to purchase fast food from Yum! Brands restaurants. Then we’ll join our colleagues at The Easter Standard, live from Keeneland with a conversation about the future of Kentucky’s racing industry, with the presidents of Keeneland, Turfway, and Churchill Downs.