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Ferrero previously bought Nestlé’s US candy biz for $2.8 billion, as well as chocolate-maker Fannie May and RedHots owner Ferrara.
China accounts for nearly two-thirds of raw material production and 90% of the manufacturing of rare earth magnets.
Lawsuits have been filed against a laundry list of brokerages, including Wells Fargo, LPL and others.
A planned 50% tariff on copper has left commodities markets roiling and analysts toiling with the idea consumers paying for higher prices.
Financial plans are designed to weather economic uncertainty, but it can be hard for clients to remember that.
Just over two years after taking the job, X (formerly Twitter) CEO Linda Yaccarino on Wednesday announced she’d be stepping down from her role.
The agency’s new guidelines focus on disclosures around price fluctuations and market manipulation, among other common concerns.
The fund pulled in more than $18 million in assets over two days last week but has seen negligible interest from investors long term.
Applications for the city’s three casino licenses were due to the New York State Gaming Facility Location Board last week.
The fund marks the latest example of issuers capitalizing on growing investor appetite for lower-risk options.
Glimpse into the future of technology.
The bank downgraded JPMorgan, Goldman Sachs, and Bank of America, citing a classic case of macroeconomic uncertainty.
The deal is with NYC real estate developer Related, which is seeking to capitalize on the return to office push in the economic metropolis.
Even after TikTok is kicked off app stores later this year, the current app will keep working for US users until March.
History suggests that a little competition will be good for not just Walmart and Amazon, but the retail sector as a whole.