Jack Daniel’s maker scraps DEI policies after threat of boycott
The maker of Jack Daniel’s whiskey bowed to pressure on social media and announced it was backing away from DEI efforts after “anti-woke” activists said they were preparing to launch a boycott. Brown-Forman Co., the liquor giant with a market capitalization of $21.37 billion, is the latest company to eliminate diversity, equity and inclusion programs, […]
Yacht maker says ‘indescribable’ crew errors led to Sicily shipwreck
The CEO of the manufacturing company responsible for building the yacht that sank off the coast of Sicily this week has blamed the ship’s sinking on a series of “unspeakable and unreasonable errors” by the crew. Reuters reported that Giovanni Costantino, CEO of Italian Sea Group, which includes Perini Navi, the Italian luxury yacht manufacturer […]
Chocolate giant Mars in $29B deal to buy Kellanova, maker of Pringles
Chocolate giant Mars said it would buy rival snack company Keranova for about $30 billion, the largest acquisition ever in the packaged food industry. The privately held company, which makes popular chocolate bars such as Snickers, M&Ms and Milky Way, said it had agreed to buy Keranova in cash for $83.50 per share, or a […]
M&M Owner Mars To Acquire Snack Maker Kellanova In Massive $36B Deal
(Photo by Stephen Charnin/Getty Images) By James Myers, OAN StaffWednesday, August 14, 2024 9:48 AM Candy company Mars is buying Keranova for $36 billion, combining some of the biggest candy and snack brands in the U.S., the companies announced Tuesday. advertisement M&M’s parent company Mars will acquire the Kellogg spinoff for $83.50 per share, according […]
Bob Casey has stake in Chinese fentanyl maker: report
Chinese fentanyl manufacturers (and the funding they provide) are at the center of the U.S. Senate race between incumbent Sen. Bob Casey and his Republican opponent, Dave McCormick. Casey, 64, a third-term incumbent, accused McCormick, 58, of “profiting from people’s pain” through his role as CEO of hedge fund Bridgewater Associates, which under his leadership […]
‘Grand Theft Auto’ maker Take-Two, Electronic Arts likely to avoid big hit during strike: analysts
Analysts say major video game publishers such as Electronic Arts and Take-Two are likely to avoid being hit hard by a strike by voice actors and motion-capture artists because of their in-house studios and long game development cycles. The strike, which began last week, is the latest in Hollywood after unions representing writers and actors […]
Rivian soars as Volkswagen plows $5B into EV maker: ‘Game changer’
Shares in Tesla rival electric car maker Rivian surged 28% on Wednesday after Volkswagen said it would invest up to $5 billion in the company to fuel its growth. VW said it would initially invest $1 billion in the joint venture to develop a “next-generation software-defined vehicle platform” for both companies’ electric vehicles, with Rivian […]
Totally Cool, popular ice cream maker recalling nearly 70 flavors over listeria concerns
The popular ice cream maker is recalling about 70 flavors and cold treats after it found they may be contaminated with Listeria. Totally Cool, the Maryland-based maker of popular sweet treats such as Chipwich cookie sandwiches and Friendly’s ice cream cakes, recalled more than 60 products across multiple brands, according to a notice posted June […]
Maker of weight loss drugs to build $4.1B factory in North Carolina
Novo Nordisk Announced The company announced plans Monday to build a $4.1 billion facility in North Carolina as demand for its popular weight-loss drugs has increased in recent months. The plant will be the Danish company’s second fill and finish manufacturing facility in Clayton, North Carolina, and its fourth overall in the region. Novo Nordisk, […]
Malik Nabers primed to be difference maker for Giants
Malik Neighbors would make a lot of difference to the Giants and probably a big difference to Daniel Jones. He would pull the Giants out of their offensive dark ages and get them in the direction of the end zone. He would make Brian Daboll a better play-caller. He would make the Giants a more […]