- Frank Carney, who with his brother started the Pizza Hut empire in Wichita, died from pneumonia. He was 82.
- Frank Carney was a 19-year-old student at Wichita State University when he and his brother borrowed $600 from their mother to start a pizza business in 1958 near their family’s Carney’s Market.
- PepsiCo bought Pizza Hut for $300 million in 1977. Over the years, he got involved in various business ventures, including other food companies, real estate, oil and gas, automotive, rental, and recreational businesses.