Colonel Tso

KFC parent Yum Brands reported fourth-quarter profit that topped Wall Street’s view after accelerating sales at established restaurants in China helped ease worries that growth in that key market was slowing.

BofA suit

Shareholders suing Bank of America won class-action status for their lawsuit accusing the bank and various executives and directors of fraudulently misleading them about the 2008 takeover of Merrill Lynch.

Disney news

Walt Disney and Univision are in talks to create a new 24-hour cable-news channel that will broadcast in English.

Kindle city

Online retailer Amazon plans to open a store in the Seattle area later this year, industry Web site Good-EReader.com reported. The store will sell Amazon-exclusive books, Kindles and Kindle accessories.

Top lion

Lionsgate Entertainment said Mark Rachesky, the company’s largest shareholder, was named chairman. Rachesky, who was previously co-chairman, took sole possession of that title on Feb. 2, a filing revealed.