Nexstar Media will purchase a 75% stake in CW Network from Warner Bros Discovery and Paramount Global.
Myrkl: new anti-hangover pill said to break down up to 70% of alcohol in an hour – what you need to know
Cadillac will succeed the German automaker, which has been the Grand Slam's official vehicle since 2009 and has paid a reported US$9 million per year.
Migraine sufferers have treatment choices – a neurologist explains options beyond just pain medication
SK Inc. and SK Energy jointly buy a major stake in Atom Power to expand its energy solution service portfolio.
The court found that Pfizer's Direct Copay Assistance Program broke the law by "knowingly or willingly" offering financial support to encourage the purchase of federally reimbursable drugs.
Mondelēz packages will now state the 34 percent wheat flour for its Premium Saltines, and 44 percent for Ritz.
Nongshim was beaten by smaller rivals Samyang and Ottogi in sales and failed to deal with higher logistics costs and raw materials.
Apple confirms iPhone and iPad security flaws fixed in the latest updates were possibly ‘actively exploited’
Kellogg split plays positively on Wall Street
Kellogg Co.’s stock price rose over 5 percent immediately following its announcement that it will be splitting into three companies, focused on snacks, plant-based foods, and breakfast cereal.
Wall Street analysts claim that even though the stock dropped again after the Kellogg announcement, food equities as a whole increased.
The method employed by Kellogg fits into a developing pattern of increased snack intake. According to Mintel data, half of the consumers between the ages of 35 and 54 believe that snacking is healthier than eating three meals regularly throughout the day.
Sales for Kellogg's snacks division were $11.4 billion last year, much above those of the other two spinoff units.
The breakup of Kellogg has also sparked interest in comparable actions among large food corporations with broad product lines. As smaller units become more nimble to adapt to trends and events, such actions typically acquire flexibility.
The trade-off is that, in some situations, the smaller businesses do not profit as much from economies of scale as the larger ones did.