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Hershey acquires pretzel firms for $1.2 billion to further satisfy salty cravings

Nov 10, 2021 23:34 pm UTC| Life Economy Business

Hershey acquired Dots Homestyle Pretzels and Pretzels Inc. in separate deals for $1.2 billion in a bid to expand its presence in salty snacks. The transactions would include four seasoning plants owned by Dots and three...

Rise Brewing Co. beats PepsiCo's Lebron James-backed Mtn Dew Rise Energy in trademark case

Nov 10, 2021 23:34 pm UTC| Law Economy Business

New York-based Rise Brewing Co has obtained an injunction against PepsiCo over the latters use of the word Rise in its new energy drinks. PepsiCo rolled out Mtn Dew Rise Energy with NBA superstar LeBron James as a...

Chocolate manufacturer Mars eyes carbon-neutral certification by 2023

Nov 10, 2021 23:29 pm UTC| Nature Economy Business

Global confectioner Mars has pledged to reduce its carbon footprint by over 20 percent in the UK, Ireland, and Canada to make its Mars bars sold in those countries to be certified carbon neutral by 2023. Mars will use...

S. Korea's POSCO to produce eco-friendly knives with scrap metal

Nov 10, 2021 23:27 pm UTC| Nature Economy Business

POSCOs collaboration with local social venture firm Zainer to produce eco-knives by upcycling scrap metal was unveiled on crowdfunding platform Wadiz. The funding project will continue until Nov. 29. The eco-knives...

Arla Foods to implement five-year strategy for sustainable dairy production

Nov 10, 2021 23:23 pm UTC| Nature Economy Business

Arla Foods will boost its dairy production investments In the next five years in such areas as sustainability, product innovation, capacity expansion, and digitalization by over 40 percent to more than 4 billion. The...

Hyundai reveals name of its flying vehicles subsidiary in the U.S.

Nov 10, 2021 11:10 am UTC| Business Economy

Hyundai Motor finally announced the name of its urban air mobility (UAM) unit that is based in the United States. On Tuesday, Nov. 9, the South Korean automaker said it is calling its subsidiary Supernal. Hyundai Motor...

Twitter activates Blue subscription service for US users

Nov 10, 2021 10:48 am UTC| Business Economy

Twitter unveiled its Blue subscription service, and users in the United States and New Zealand can start using the available offers such as access to around 300 news sites without any ads. The microblogging and social...

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Economy

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

U.S. and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union have taken a major step toward strengthening their supply chains for critical minerals, aiming to reduce reliance on China and boost advanced manufacturing capabilities. On Friday,...

Global PCB Prices Surge Amid Middle East Conflict and Supply Chain Disruptions

The ongoing conflict in the Middle East is sending shockwaves through the global electronics industry, driving up prices of printed circuit boards (PCBs) and disrupting the supply of critical raw materials. PCBs are...

Asian Currencies Rise Ahead of BOJ and Fed Meetings as Dollar Softens

Asian currencies strengthened on Monday while the U.S. dollar edged lower, as investors shifted focus to upcoming policy meetings by the Bank of Japan (BOJ) and the Federal Reserve. Market sentiment remained cautious due...

BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance

The Bank of Japan (BOJ) is widely expected to keep interest rates unchanged at its April 28 policy meeting, maintaining the benchmark short-term rate at 0.75%. This would mark the third consecutive pause following a 25...

Politics

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Republican Lawmakers Urge National Guard Role for World Cup Drone Security

Two Republican members of Congress are urging the Trump administration to strengthen security measures for the upcoming FIFA World Cup by deploying the National Guard to address potential drone threats. Representatives...

King Charles and Queen Camilla Visit the U.S. Amid Political Tensions and Historic Milestone

King Charles III and Queen Camilla have begun a high-profile four-day visit to the United States, marking a significant moment in modern UK-US relations. The royal trip coincides with the 250th anniversary of the U.S....

Man Charged in Alleged Trump Assassination Attempt at White House Correspondents’ Dinner

A 31-year-old California man has been formally charged with attempting to assassinate U.S. President Donald Trump following a shooting incident at the White House Correspondents Association Dinner in Washington. The...

US and Iran Clash at UN Over Nuclear Program and NPT Conference Role

Tensions between the United States and Iran intensified at the United Nations as both countries exchanged sharp criticism over Tehrans nuclear program and its appointment as a vice president at a key nuclear conference....

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...

Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case

A Taiwan court has imposed a significant penalty on the local subsidiary of Japan-based Tokyo Electron, highlighting the islands strict stance on protecting critical semiconductor technologies. The court fined the company...

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...

U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek

The U.S. State Department has launched a global diplomatic effort to highlight concerns over alleged intellectual property theft by Chinese artificial intelligence companies, including startup DeepSeek. According to a...