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Business & Tech

Pizza Hut closing 250 US stores as parent company considers selling the brand

Pizza Hut plans to close 250 U.S. restaurants in the first half of this year as its parent company considers a sale of the chain. Yum Brands said Wednesday it’s targeting underperforming Pizza Hut restaurants in its system. Pizza Hut has more than 6,000 locations in the U.S. Louisville, ...

Average US long-term mortgage rate barely budges, holding near 6%

The average long-term U.S. mortgage rate barely budged this week, staying close to 6% as the spring home-buying season nears. The benchmark 30-year fixed rate mortgage rate edged up to 6.11%, essentially flat compared to last week when it was 6.1%, mortgage buyer Freddie Mac said Thursday. ...

Uber found liable in sexual assault case and ordered to pay $8.5 million

A federal jury this week found Uber to be legally responsible in a 2023 case of sexual assault — ordering the rideshare giant to pay $8.5 million to a woman who said one of its drivers raped her during a trip using the platform. The verdict, reached Thursday in Arizona, follows years of ...