Smucker to buy Twinkies maker Hostess
Smucker to buy Twinkies maker Hostess
In this article Jelly maker is buying Twinkie owner for $5.6 billion, or $34.25 a share. Hostess shareholders will receive $30 in cash and .03002 share of Smucker's stock for each share of Hostess that they owned. Smucker has also agreed to...
2023-09-13 13:47:39
<b>Disney, Charter showdown did not transform TV</b>
Disney, Charter showdown did not transform TV
and have , and the media industry was duped. The Wall Street Journal ran a story Friday : "Disney Fight Marks Cable TV’s Last Stand." Slate's : "Disney Is in a Fight That Might Change TV Forever." Analysts weighed in on the future of the...
2023-09-13 13:47:32
Jamie Dimon: Huge mistake to think economy will boom for years
Jamie Dimon: Huge mistake to think economy will boom for years
CEO said Monday that while the U.S. economy is doing well, it would be a "huge mistake" to believe that it will last for years. Healthy consumer balance sheets and rising wages are supporting the economy for now, but there are risks ahead,...
2023-09-13 13:47:27
DraftKings sorry for 9/11 bet offer on New York teams
DraftKings sorry for 9/11 bet offer on New York teams
Sports gambling giant apologized Monday for a bet parlay offer that would have paid out if three New York teams won on the 22nd anniversary of the terror attacks that killed almost 3,000 Americans. The vast majority of deaths occurred in th...
2023-09-13 13:47:21
Macy's chain Bloomingdale's taps Olivier Bron as its next CEO
Macy's chain Bloomingdale's taps Olivier Bron as its next CEO
said Tuesday that it has tapped international retail executive Olivier Bron as the next CEO of its upscale department store, Bloomingdale's. Bron will succeed Tony Spring. A 36-year veteran of Bloomingdale's, Spring of the parent company Ma...
2023-09-13 13:47:16
<b>Covid vaccines: FDA approves new shots from Pfizer, Moderna</b>
Covid vaccines: FDA approves new shots from Pfizer, Moderna
The Food and Drug Administration on Monday updated from and , putting the shots on track to reach Americans within days as from the virus rise. The new vaccines, which target the , are approved for people 12 and older and are authorized und...
2023-09-13 13:47:10
<b>UPS CEO Carol Tome sells investors on new Teamsters labor contract</b>
UPS CEO Carol Tome sells investors on new Teamsters labor contract
CEO Carol Tome said the costs incurred by the company for the new Teamsters contract are less than the "$30 billion in new money" touted by the union, as the company aims to sell investors on the agreement. "It's not a $30 billion deal," To...
2023-09-13 13:47:05
SpaceX near rocket market monopoly is ‘huge concern:' Lazard banker
SpaceX near rocket market monopoly is ‘huge concern:' Lazard banker
PARIS – A Lazard investment banker sounded the alarm about the dominance of SpaceX in the rocket launch market, as the industry waits for U.S. competitors to begin flying new vehicles. "I think it's a huge concern," Vikram Nidamaluri, man...
2023-09-13 13:46:59
Target strikes deal with jeweler Kendra Scott
Target strikes deal with jeweler Kendra Scott
said Tuesday that it has struck a deal with jeweler Kendra Scott to carry exclusive collections of earrings, bracelets and more, as it looks to get its sparkle back ahead of the key holiday season. The cheap chic retailer has established a...
2023-09-13 13:46:54
Cannabis ETFs rise after HHS recommendation on marijuana
Cannabis ETFs rise after HHS recommendation on marijuana
Marijuana-related ETFs are soaring in September as investors flood back into the sector after months of waning interest. The upswing in the funds, the most significant seen in recent years, stems from by the U.S. Department of Health and Hu...
2023-09-13 13:46:48
Decongestant phenylephrine doesn’t work, FDA advisors say
Decongestant phenylephrine doesn’t work, FDA advisors say
The main used in many popular over-the-counter cold and allergy medications to get rid of , an advisory panel to the declared Tuesday. In a unanimous vote, 16 advisors said oral forms of phenylephrine – a found in versions of drugs like ,...
2023-09-13 13:46:43
TKO, the merged UFC-WWE, aspires to grow beyond fighting
TKO, the merged UFC-WWE, aspires to grow beyond fighting
In this article Ultimate Fighting Championship and World Wrestling Entertainment executives decided to name their new publicly traded company to honor the companies' expertise in fighting, but they have broader aspirations than just owning...
2023-09-13 13:46:37
Wall Street sees potential upsides of UAW auto strikes
Wall Street sees potential upsides of UAW auto strikes
DETROIT – Many on Wall Street view by United Auto Workers against the Detroit automakers as largely manageable – even seeing investment opportunities. Some believe potential strikes are already factored into the stocks, while others est...
2023-09-13 13:46:31
<b>CDC recommends updated Covid vaccines for ages 6 months and up</b>
CDC recommends updated Covid vaccines for ages 6 months and up
The Centers for Disease Control and Prevention on Tuesday recommended that all Americans ages 6 months and older receive updated Covid shots from and , clearing the way for Americans to start receiving the shots within days. CDC Director Ma...
2023-09-13 13:46:26
<b>British American Tobacco finalizes Russia exit</b>
British American Tobacco finalizes Russia exit
has finalized its exit from Russia about 18 months after it pledged to do so in the wake of Moscow's invasion of Ukraine. The multinational cigarette maker said in a Thursday it agreed "to sell its Russian and Belarusian businesses in comp...
2023-09-11 09:23:31