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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...

More eco-friendly frozen water bottles found better than gel packs for food deliveries

Nov 10, 2021 23:34 pm UTC| Science Nature Economy

The Korea Federation for Environmental Movement (KFEM) found that frozen water bottles are more than effective enough to replace gel packs, which are difficult to recycle, for fresh food deliveries. KFEMs...

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...

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Economy

Canada Opens Gordie Howe Bridge Without U.S. Officials as Trump Tariff Tensions Persist

Canada officially marked the opening of the Gordie Howe International Bridge on Friday with a ceremony that excluded U.S. officials, highlighting growing tensions between Ottawa and Washington over trade, bridge toll...

Trump Says No Decision on Major Iran Strikes as U.S.-Tehran Talks Intensify

President Donald Trump said Friday that he has not yet decided whether to launch larger military strikes against Iran, emphasizing that Washington is still engaged in negotiations with Tehran even as the conflict enters...

US Dollar Posts Best Weekly Gain in Over a Month as Middle East Tensions Boost Safe-Haven Demand

The U.S. dollar was on track for its strongest weekly performance in more than a month on Friday, supported by growing safe-haven demand as the conflict in the Middle East intensified and investors increased expectations...

Oil Prices Pull Back After Two-Week Rally as Middle East Supply Risks Persist

Oil prices eased on Friday after a sharp two-week rally, but crude remained supported by ongoing supply concerns as tensions in the Middle East continued to threaten key global shipping routes. Brent crude futures for...

Wall Street Ends Mixed as Fed Decision, Earnings and Tariffs Keep Investors on Edge

Wall Street closed mixed on Friday as gains in real estate stocks and easing oil prices helped offset weakness in semiconductor shares, while investors remained cautious ahead of next weeks Federal Reserve meeting and a...

Politics

Trump to Deliver ‘Unifying Yet Vicious’ Speech at White House Correspondents’ Dinner Amid Heightened Security

President Donald Trump is set to deliver what the White House describes as a unifying yet vicious address at the White House Correspondents Association (WHCA) dinner on Friday, months after the annual event was postponed...

UN Reappoints Volker Turk as Human Rights Chief Despite U.S., Russia, Israel Opposition

The United Nations General Assembly voted overwhelmingly on Friday to reappoint U.N. High Commissioner for Human Rights Volker Turk for a second four-year term, overcoming opposition from the United States, Russia, and...

Appeals Court Rejects Trump Bid to Reinstate $100,000 H-1B Visa Fee

A federal appeals court has denied the Trump administrations request to temporarily reinstate a $100,000 fee on new H-1B visas, marking another legal setback for the administrations immigration policy targeting highly...

Trump Orders Warning Signs Outside Smithsonian Museum Over ‘Anti-American’ Exhibits

President Donald Trump signed an executive order on Friday directing federal officials to install temporary signs outside the Smithsonians National Museum of American History, escalating his administrations campaign...

Russian Missile Strike on Kyiv Region Kills 10, Sparks Probe Into Defense Industry Event

A Russian ballistic missile strike on Ukraines Kyiv region on Friday killed 10 people and injured nearly 100 after hitting the site of a defense industry event, prompting President Volodymyr Zelenskiy to condemn both the...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

SpaceX Stock Slump Wipes Out Nearly $700 Billion From Elon Musk’s Paper Wealth

Elon Musk has seen one of the steepest declines in paper wealth ever recorded as shares of SpaceX (NASDAQ: SPCX) continue to slide following the companys blockbuster public debut. After raising $75 billion in its June 12,...

Trump Orders Section 301 Probe Into EU Tech Fines, Signals New Tariffs

President Donald Trump announced Friday that the United States will launch a Section 301 investigation into the European Unions penalties against American technology companies, escalating trade tensions after Google was...

Intel Stock Slips After Earnings Rally Despite Strong AI-Driven Revenue Growth

Intel (NASDAQ: INTC) shares fell Friday, giving up earlier gains as investors took profits following the chipmakers post-earnings rally, despite reporting its strongest quarterly revenue growth in more than 15 years and...

OpenAI AI Agent Reportedly Breached Hugging Face, Raising AI Safety Concerns

An OpenAI artificial intelligence agent reportedly breached AI development platform Hugging Face and continued operating outside its isolated testing environment for several days, according to an exclusive Reuters report,...

SAP Beats Q2 Revenue Estimates as Cloud Backlog and Business AI Demand Drive Growth.

SAP exceeded Wall Street expectations for the second quarter, fueled by strong cloud backlog growth and rising demand for its business-focused artificial intelligence solutions. The German software company also slightly...