Kellogg’s is changing the recipe for its iconic Rice Krispies cereal in the UK, replacing brown rice grains with rice flour, as weather-related disruptions affect ingredient supplies. Kellanova, the company behind Kellogg’s cereal brands outside North America, has also reformulated its Coco Pops, also known as Cocoa Krispies in the US, replacing brown rice grains … Read more
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, August 12, 2026.Michael Nagle | Bloomberg | Getty ImagesUSA Stock futures rose Wednesday night, rallying following a sharp drop in the price of oil and certainty surrounding Democratic victories in the midterm elections. Futures linked to … Read more
Major Australian retailer David Jones collapses after 188 years in business BBCAustralian department store chain enters administration after 188 years Financial TimesDavid Jones goes into administration, store closures expected and thousands of jobs at risk The GuardianPrivate equity owner of David Jones considers turning around failed retailer AFRLive: ‘It’s not inconceivable’ David Jones could disappear … Read more
Arm Holdings (ARM) on Wednesday night beat analyst estimates for its fiscal second quarter and with its guidance for the current period. But Arm shares fell in extended trading. The Cambridge, England-based chip design firm earned an adjusted 52 cents per U.S. share on sales of $1.44 billion in the quarter ended Sept. 30. Analysts … Read more
US stocks jumped on Wednesday after Democrats won control of both chambers of Congress in a seismic midterm election, paving the way for a divided government. The Dow Jones Industrial Average (^DJI) rose 3%, or over 1,500 points, while the S&P 500 (^GSPC) climbed 1.7%. The Nasdaq Composite (^IXIC) traded up by 1.6% amid a … Read more
SpaceX and Tesla shares sink as analyst warns Democratic victory will create ‘major obstacles’ to AI development Yahoo Finance AI data center shares fall, renewables rebound after US Democratic win Yahoo Finance AI and Musk’s SpaceX data center shares fall as Texas governor’s result raises risks of slowdown CNBC Texas data centers face uncertain future … Read more
US stocks glided higher on Wednesday after Democrats won control of both chambers of Congress in a seismic midterm election, paving the way for a divided government. The Dow Jones Industrial Average (^DJI) rose 2.1%, while those on the S&P 500 (^GSPC) climbed 1.5%. The Nasdaq Composite (^IXIC) traded up by 2%. AMD (AMD) stock … Read more
McDonald’s (MCD) sales growth slowed in the third quarter as consumers faced a challenging economic backdrop and the fast-food chain unveiled its growth strategy. The results showed that same-store sales grew 1.5% year over year, slightly above the 1.4% growth that Wall Street was expecting, according to Bloomberg estimates. In the third quarter of last … Read more
The attacks on supermarkets could fit a pattern of collaboration between state services and the criminal underworld that has long been observed in Russia. “As geopolitical tensions rise, I expect more of them to collaborate with criminal groups or pose as criminals, using ransomware and extortion as cover for state targets,” said Joseph Rooke, senior … Read more
Investing.com– CVS Health Corp (NYSE:CVS) plans to separate its retail pharmacy business from its insurance operations, potentially undoing one of the largest vertical integration deals in the U.S. healthcare industry, the Financial Times reported on Tuesday, citing people familiar with the matter. Still guessing which stocks will outperform the market? Our AI portfolio is updated … Read more