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Business & Tech

Restaurant chain Hooters goes bust and files for bankruptcy protection

Hooters is going bust. The U.S. restaurant chain, known for chicken wings and its skimpy "Hooters Girls" wait-staff outfits, has filed for bankruptcy protection. HOA Restaurant Group filed the motion for Chapter 11 protection Monday in the North Texas Bankruptcy Court in Dallas. It's the ...

Yum Brands CEO announces plans to retire in 2026

Yum Brands CEO David Gibbs announced Monday that he plans to retire from the company in the first quarter of 2026. Gibbs, 62, is a 36-year veteran of Louisville, Kentucky-based Yum Brands, which is the world's largest restaurant company. Yum owns the Taco Bell, Pizza Hut and Habit Burger ...