Two-thirds of UK’s KFC branches shut down over chicken shortage
Almost two-thirds of KFC’s 900 branches across the UK remained closed yesterday due to a shortage of chicken after “incomplete or delayed” deliveries by DHL, the Financial Times reports. The “operational issues” came less than a week after KFC replaced delivery company Bidvest with a three-way partnership with logistics provider DHL and previous partner Quick Service Logistics. CNBC also has the story.
Should banks use their CSR programs to set social policy for a whole country? That’s what Andrew Ross Sorkin, the busiest man in financial journalism, argues in his DealBook column for the New York Times, laying out a case for how the US’s “financial gains hold more sway over the gun industry than any politician. If banks and credit card companies were to stop doing business with gun shops that sell assault weapons, the supply of such firearms would be greatly reduced.”
In miscellany this morning:
- We’re not in a global bear market, but more corrections are in the cards as “synchronized tapering of global central bank stimulus programs could prompt more volatility in equity and corporate and sovereign bonds, Citi global macro strategists said in a research note Monday.” (CNBC)
- Boom turns to bust for millennials: GenX-ers born between 1966 and 1980 were earning 4% more at the same age than millennials are earning today, at least in developed nations. (Bloomberg)
- Your kids aren’t’ addicted to cellphones—they’re afraid of missing out when they’re not online. And guess what? You’re no different, new research by Common Sense Media finds. This comes as “many parents” in Silicon Valley are still restricting or outright banning screen time for their kids.
Do you want to keep off that weight you’ve lost? Go lift weights. That’s our takeaway from a PNAS paper that popped up on our Twitter feed, which suggests that the bones in the lower half of your body could act as “body scales” that trigger biological changes that keep body weight and body fat mass constant. The lesson: Lifting heavy things doesn’t just make you look better and add health-protective muscle mass as you age, it may be among the keys to keeping weight off for the long term if you’ve recently lost a few kgs. Read Body weight homeostat that regulates fat mass independently of leptin in rats and mice and the accompanying letter.