General Mills Dives Deeper Into Pet Market With This $1.45 Billion Acquisition: Details
General Mills, Inc. (NYSE: GIS) disclosed a deal to acquire Whitebridge Pet Brands’ North American premium cat feeding and pet treating business from NXMH for $1.45 billion.
Mexico's Sheinbaum to present constitutional safeguard for non-GMO corn in coming days
MEXICO CITY (Reuters) - Mexican President Claudia Sheinbaum said on Thursday that her government would in the coming days present a plan to protect the country's non-genetically modified white corn ...
LME clearing house unveils reforms, to triple member capital requirements
In March 2022, the LME said it had to cancel $12 billion in nickel trades when prices skyrocketed because a record $20 billion in margin calls could have led to at least seven clearing members ...
Jawnt unveils industry-first mapping tool for commuter benefits
With Jawnt Maps, HR and transportation leaders can overlay data from their commuter benefits program with information from the Transit app and Walk Score.
Reliance, Walt Disney close $8.5 billion merger of Indian media assets
(Reuters) - Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own ...
Cava stock on a tear as fast-casual players continue to outperform the industry
TD Cowen analyst Andrew Charles wrote in a client note that Cava's price increase, of roughly 15% compared to 2019, "significantly trails" the 25% to 30% hikes by most fast-casual peers. In the ...
Canada's oil & gas industry likely to cut production under new rules: Morningstar DBRS
If the federal government is firm on its timeline, Morningstar DBRS says the most likely result will be lower Canadian oil and gas production. Rai says the amount of shut-in production will depend on ...
Disney posts earnings beat as streaming profit tops estimates
Disney's direct-to-consumer (DTC) streaming business — which includes Disney+, Hulu, and ESPN+ — posted operating income of $321 million for the three months ending Sept. 28. That compares to a loss ...
Federal govt. is not a social media company: Expert on Musk and DOGE
"The standard that Elon Musk has set for us is that he believes he can cut $2 trillion from the federal budget annually. Let's just put this in perspective," Yale School of Management Lecturer of ...
The House now belongs to the GOP. Here's what party leaders say they'll do first.
The party has retained its narrow lower chamber majority after wins in Arizona and California gave Republicans the 218 victories needed to clinch its hold on the 435-member House. Current vote totals ...
More American households have access to bank accounts than ever before
Nearly half of banked households (48.3%) used mobile banking as their primary method of account access, which is up from the previous survey. Over the past decade, the portion of US households that ...