
J.M. Smucker Acquires Twinkies Maker Hostess Brands for $5.6 Billion
Sep 12, 2023 03:56 am UTC| Economy Investing Business
J.M. Smucker acquires iconic Twinkies maker Hostess Brands in a monumental $5.6 billion deal, merging two major American snack titans and reshaping the landscape of the U.S. packaged food industry. The purchase price,...

Coinbase Clarifies Reports of Ending Services in India Amidst User Concerns
Sep 12, 2023 03:37 am UTC| Business Investing Digital Currency Economy
Coinbase Global Inc. refuted recent claims of discontinuing its entire service in India. Users reportedly received an email suggesting withdrawals, triggering widespread speculation about the platforms future in the...

Honda Joins Automakers in Adopting Tesla's Charging Standard for North American EVs
Sep 11, 2023 09:37 am UTC| Economy Business Technology
Honda joins major automakers in adopting Teslas EV charging standards from 2025, signaling a shift towards simplifying and standardizing North Americas electric vehicle charging landscape. Honda will incorporate Teslas...

Gatorade Introduces Eco-Friendly 100% Recycled Plastic Bottles for New Unflavored Water in 2024
Sep 11, 2023 08:36 am UTC| Business Economy Life
Gatorade, a top-tier brand under PepsiCo, is set to release a purified, unflavored Gatorade Water in early 2024, distinctive for its packaging in 100% recycled plastic bottles, catering to environmentally-conscious...

Walmart Eyes Major Stake in ChenMed, Signaling Push into Multi-Billion Dollar Healthcare Sector
Sep 11, 2023 08:26 am UTC| Business Economy
Walmart Inc. is in discussions to acquire a significant stake in ChenMed LLC, marking a strategic push into the multi-billion-dollar U.S. healthcare sector. This potential acquisition underscores a broader retail trend of...

Daniel Zhang Steps Down from Alibaba Cloud Leadership After Just Two Months
Sep 11, 2023 06:47 am UTC| Business Economy
Daniel Zhang has unexpectedly resigned as head of Alibabas cloud division after just two months. Zhang, who recently shifted focus from his CEO role, will be replaced by Eddie Wu amid the companys larger restructuring...

German EV Surge in South Korea: Mercedes-Benz, BMW Lead the Charge, Outpacing Tesla
Sep 11, 2023 06:40 am UTC| Economy Life Business
German automakers lead South Koreas import EV market, selling 15,084 unitsa stark rise from 9,744 in 2020. Data from KAIDA unveils impressive growth despite a decline in imported gasoline and diesel vehicle sales. Brands...