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Papa John's tanked Tuesday after a report that a plan to sell the company has fallen apart.The Wall Street Journal reported that the asset manager Trian Management Funds is no longer interested in bidding for the company. According to the Journal, others are still considering taking a stake in the company, but not a total purchase.Papa John's (PZZA) stock was down 10% at market close Tuesday.Papa John's declined to comment for this story. Trian did not immediately respond to a request for comment from CNN Business.Rumors have been swirling for weeks about potential buyers for the company. Each report has caused shares of the company to spike. The Journal reported Trian's interest last month.Without a buyer, the struggling pizza company will have to find a way to convince investors that it can solve its problems on its own, and beat out competitors Domino's and Pizza Hut. That's a tall order.The company has been working hard to distance itself from controversial founder John Schnatter, who resigned his role as chairman in July after news broke that he had used the N-word on a conference call.Papa John's said earlier this month that same-store sales in North America fell by 9.8% during the most recent quarter. Total revenue dropped 15.7% from a year earlier to about 4 million.Schnatter also stepped down as CEO at the end of last year after he caused a controversy by blaming the NFL for poor pizza sales. Schnatter said sales were hurt by the way the league handled players' kneeling during the National Anthem in protest of racial injustice.Since then, Papa John's hasn't been able to regain its momentum, and sales have continued to slip.Other pizza sellers have struggled this quarter. Pizza Hut's sales were flat, and though Domino's (DPZ) reported domestic and international same-store growth, the company missed analyst expectations.But Pizza Hut and Domino's are better equipped to win the pizza wars. Domino's has invested heavily in tech, and Pizza Hut is bolstering its partnerships. Pizza Hut replaced Papa John's as the NFL's official sponsor earlier this year. 2159

PASADENA, Calif. (CNS) - The Pasadena Tournament of Roses announced that in lieu of the annual parade canceled due to the coronavirus pandemic, it will host a two-hour televised entertainment special on New Year's Day to benefit Feeding America.Event coordinators issued a statement Thursday saying they have partnered with six broadcasters to air the show during the time slot traditionally reserved for live coverage of the Rose Parade. "The Rose Parade's New Year Celebration presented by Honda" will feature live-to-tape musical entertainment, celebrity guests, memorable past floats, marching band performances and past Rose Bowl Game football highlights."We are beyond excited about the upcoming New Year's Day television special and the unique opportunity it gives us to not only entertain our worldwide audience in new and dynamic ways, but also honor the Rose Parade's 130-year tradition," said David Eads, executive director and CEO of the Tournament of Roses."Each year, tens of millions across America and around the world invite us into their homes to celebrate the New Year, and this year will be no different," he said. "We may not be able to make our typical 5.5-mile march, but we are hosting a spectacular celebration nonetheless."The Tournament of Roses will partner with Feeding America, the nation's largest organization dedicated to fighting domestic hunger through a nationwide network of food banks."Food insecurity has been a focus of our organization's efforts during the pandemic, so it was only fitting that we extend our commitment to our re-imagined New Year celebration," said Bob Miller, president of the Pasadena Tournament of Roses Association. "We are proud to work with Feeding America, an organization that is working to change lives in communities across the country."Food banks are feeding an average of 60% more people due to the pandemic's economic effects, said Claire Babineaux-Fontenot, CEO of Feeding America."We are deeply grateful to the Tournament of Roses for helping to raise awareness and support for people facing hunger," she said. "Their generosity will help provide much needed meals for our most vulnerable neighbors."The show will air on ABC, the Hallmark Channel, KTLA, NBC, RFD-TV and Univision on Jan. 1 at 8 a.m. Details on the performance lineup, entertainment segments and celebrity appearances are yet to be announced.Talent will be filmed from various cities throughout the country, including Pasadena, and any new footage will meet COVID-19 safety protocols outlined by the State of California and the Pasadena Health Department, according to the Tournament of Roses."The Rose Parade is a longstanding and central part of our New Year celebrations -- not only here in Pasadena, but also around the world -- and we are delighted that tradition will continue this year in a new, reimagined way," said Pasadena Mayor Terry Tornek. "We are excited to see how it comes to life on TV this year." 2963

Police said in a news conference Tuesday afternoon that investigators found "distractionary-type" devices in the backpack of a boy who shot himself inside Jackson Memorial Middle School near Canton, Ohio. Police said the devices were not explosives and they didn't find any devices that "would have done harm to others." Jackson Township middle school and high school students were dismissed for the day after the boy shot himself around 7:50 a.m. Authorities say the boy suffered a self-inflicted gunshot wound inside the boy's bathroom. It's unclear at this time whether the shooting was accidental or intentional. RELATED: Father of Jackson Township student says he put body armor in son's book bag over the weekendThe seventh grader was taken to a local hospital where his condition is unknown.The following message was posted on Jackson Local Schools website:All four elementary schools in the district will remain closed Tuesday. Authorities have not said whether the school will reopen Wednesday. Students are being dismissed from class today. School officials are working on getting info out to parents now. pic.twitter.com/HSBkaYUg81— Meg Shaw (@MegDShaw) February 20, 2018 1240

Our hearts absolutely break for this precious life senselessly taken. Marty, the girls, and I are praying for the Lord’s comfort over Secoriea’s family and loved ones in the face of this tragedy. Please contact @Atlanta_Police immediately if you can help their investigation. https://t.co/KzcOg6vWxH— Governor Brian P. Kemp (@GovKemp) July 6, 2020 355

PINE BLUFF, Ark. (AP) — Authorities say a police officer has been fatally shot and another was injured in an exchange of gunfire at an Arkansas hotel. Pine Bluff Chief Kelvin Sergeant says Officer Kevin Collins was killed in the shooting Monday afternoon at the EconoLodge in Pine Bluff, about 40 miles southeast of Little Rock. Lt. Ralph Isaac was also injured in the shooting and is in stable condition. Police say the shooting involved three officers and one suspect. Authorities have provided no details about the suspect or investigation, including whether any arrests have been made. Collins was with the department for five years. 645

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