Fast-food titans Taco Bell and Pizza Hut have announced they will eliminate artificial coloring and flavoring from their food in the coming months and years. The chain restaurants are both owned by Yum Brands Inc.
Six out of the 10 highest-paid CEOs in the US helm entertainment companies, a new study shows. Executive pay grew for the fifth straight year, with the median pay for a CEO in 2014 reaching $10.6 million, or 205 times more than the average worker’s wage.
US leading broadband company Charter Communications has acquired Time Warner Cable in a deal worth $78.7 billion. The new company is expected to become one of the largest cable and broadband operators in the US.
The corporate office of McDonald’s in Oak Brook, Illinois was closed after thousands of workers and union activists marched on the building a day before the annual shareholder meeting. Protesters are demanding a $15 minimum wage for fast-food workers.
Apple, Google, and a host of other tech companies and cryptology experts have signed a letter sent to President Obama calling on his administration to stem any proposal that seeks to weaken encryption security to benefit policing agencies.
Germany’s Deutsche Bank has reportedly formed a working group to assess the consequences of a possible UK exit from the European Union. Britain is expected to hold an in/out referendum after the Conservative victory in the 2015 general election.
Leader of France’s National Front party, Marine Le Pen, has launched a month-long blitz against the Transatlantic Trade and Investment Partnership (TTIP) – a proposed EU-US treaty, which has been criticized for secretiveness and lack of accountability.
The Apple brand is now worth over $145 billion, topping Forbes’ list of the World’s Most Valuable Brands for 2015. The value is up 17 percent since last year, and worth twice any other brand. This is the fifth year the company has headed the list.
Honda has announced it would recall an additional 4.9 million cars worldwide with airbags made by Takata due to a potential safety hazard. The airbags are in all Honda vehicles and have led to at least six deaths in accidents in the US and Malaysia.