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This is not the first time that Mondelez has tried buying Hershey.In 2016, Mondelez abandoned the pursuit of Hershey aft...
12/09/2024

This is not the first time that Mondelez has tried buying Hershey.

In 2016, Mondelez abandoned the pursuit of Hershey after the latter rejected a $23 billion takeover bid.

https://yhoo.it/3Vx0ssh

Boeing is trying to get production of its strongest-selling 737 MAX back on track, after a weeks-long strike by more tha...
12/09/2024

Boeing is trying to get production of its strongest-selling 737 MAX back on track, after a weeks-long strike by more than 33,000 U.S. West Coast workers halted output of most of its commercial jets.

https://yhoo.it/3DanVcw

Nvidia stock dipped more than 2.5% Monday after China opened an antitrust investigation into the chip giant amid escalat...
12/09/2024

Nvidia stock dipped more than 2.5% Monday after China opened an antitrust investigation into the chip giant amid escalating tensions between Beijing and Washington over AI dominance.

https://yhoo.it/4ivxOld

The US economy added more jobs than forecast in November while the unemployment rate ticked higher as the labor market r...
12/09/2024

The US economy added more jobs than forecast in November while the unemployment rate ticked higher as the labor market rebounded from a month negatively impacted by severe weather and labor strikes.

Here's a look at how employment has changed during the last month and since last year: https://yhoo.it/3ZR6qa5

The new servers, based on 64 of Amazon Web Services' Trainium2 chips, will be strung together in a massive supercomputer...
12/09/2024

The new servers, based on 64 of Amazon Web Services' Trainium2 chips, will be strung together in a massive supercomputer with hundreds of thousands of chips, with the help AI startup Anthropic, which will be the first to use it.

https://yhoo.it/4irqUxo

The US economy is on solid footing right now — and economists at Bank of America expect it to stay that way through next...
12/08/2024

The US economy is on solid footing right now — and economists at Bank of America expect it to stay that way through next year.

https://yhoo.it/4f4SVrx

Consumer sentiment in December jumped to its highest level in eight months.But a closer look at the University of Michig...
12/08/2024

Consumer sentiment in December jumped to its highest level in eight months.

But a closer look at the University of Michigan's consumer sentiment survey shows that how Americans are feeling about the economy depends on their political affiliation.

https://yhoo.it/41FK4JZ

Federal Reserve Chair Jerome Powell said the Fed was created by Congress to be independent so it could make decisions fo...
12/08/2024

Federal Reserve Chair Jerome Powell said the Fed was created by Congress to be independent so it could make decisions for the benefit of Americans and not a particular political party. He stressed that he believes there is "very broad support" for that set of ideas in Congress from Republicans and Democrats.

https://yhoo.it/4gqEmQh

The venture will build batteries in Kokomo, Indiana, for Stellantis electric vehicles and at full capacity will produce ...
12/08/2024

The venture will build batteries in Kokomo, Indiana, for Stellantis electric vehicles and at full capacity will produce about 67 GWh of batteries, enough to supply approximately 670,000 vehicles annually, the Energy Department said.

https://yhoo.it/4g3xKY0

Key ingredients such as dairy, beef and avocado have been costlier this year, weighing on margins for restaurant operato...
12/07/2024

Key ingredients such as dairy, beef and avocado have been costlier this year, weighing on margins for restaurant operators in an environment where consumers are already paring back on dining out in favor of cheaper meals at home.

https://yhoo.it/3D3XN2V

The US economy added more jobs than forecast in November.Wage growth rose 0.4% in November, in line with October's incre...
12/07/2024

The US economy added more jobs than forecast in November.

Wage growth rose 0.4% in November, in line with October's increase and higher than the 0.3% rise economists had expected. Compared to the prior year, wages were up 4% in November.

https://yhoo.it/3ZFUmrN

Global coffee prices have soared to their highest in nearly 50 years. What is driving those costs higher?https://yhoo.it...
12/07/2024

Global coffee prices have soared to their highest in nearly 50 years.

What is driving those costs higher?

https://yhoo.it/4gnJvs5

Federal Reserve Chair Jerome Powell is "confident" he will have a good relationship with the president-elect’s pick to b...
12/07/2024

Federal Reserve Chair Jerome Powell is "confident" he will have a good relationship with the president-elect’s pick to be Treasury secretary.

https://yhoo.it/3OEskXB

During Pat Gelsinger's tenure, Intel stock has been a laggard during a period in which tech stocks led the market higher...
12/07/2024

During Pat Gelsinger's tenure, Intel stock has been a laggard during a period in which tech stocks led the market higher and the AI boom catalyzed a new wave of enthusiasm in the space.

https://yhoo.it/3ZFYcRJ

The decision is a win for the Justice Department and opponents of the Chinese-owned app and a devastating blow to ByteDa...
12/07/2024

The decision is a win for the Justice Department and opponents of the Chinese-owned app and a devastating blow to ByteDance. The ruling now increases the possibility of an unprecedented ban in just six weeks on a social media app used by 170 million Americans.

https://yhoo.it/49mxot7

Shares of the athletic apparel company soared Friday afternoon on the back of strong third quarter results. Lululemon ra...
12/06/2024

Shares of the athletic apparel company soared Friday afternoon on the back of strong third quarter results.

Lululemon raised its full-year revenue forecast after beating estimates across the top and bottom line, thanks in large part to the brand's strength in international markets.

https://yhoo.it/3ZqNTzB

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