Business

Lucky Charms and Trix go au naturel as General Mills ditches artificial colors

Wednesday, August 26 by SRN News

General Mills said Wednesday it has removed artificial colors from all its U.S. cereals, including Lucky Charms and Trix. The Minneapolis company has shifted to fruit- and vegetable-based dyes as well as colors derived from spices like turmeric and paprika to give its cereals their... Read More.

Iran warns of military ship ban in Hormuz under potential deal with Oman, and other Middle East news

Wednesday, August 26 by SRN News

Iran won't allow military vessels to transit through the Strait of Hormuz under an agreement that the Islamic Republic is negotiating with Oman, Iran's deputy foreign minister said. The top diplomats of the two countries met to discuss managing commercial shipping traffic in the vital... Read More.

FDA approves landmark pancreatic cancer drug that’s shown to improve survival

Wednesday, August 26 by SRN News

WASHINGTON (AP) - The Food and Drug Administration on Wednesday approved a groundbreaking new drug for the most common form of pancreatic cancer, offering U.S. patients a more effective treatment against one of the deadliest types of cancer. FDA officials gave expedited approval to the... Read More.

Sodexo plans to cut more than 1,000 jobs in France

Wednesday, August 26 by SRN News

Aug 26 (Reuters) - French food caterer Sodexo said on Wednesday it planned to cut more than 1,000 jobs in France as part of an overhaul meant to accelerate growth and improve competitiveness. The company said it would eliminate 963 positions, equal to 4% of... Read More.

Mark Walter’s TWG is working with regulators, says ‘no fraud’

Wednesday, August 26 by SRN News

By Arasu Kannagi Basil Aug 26 (Reuters) - Billionaire Mark Walter's holding company, TWG Global, is working with U.S. regulators to address concerns over related-party investments on the books of his insurance companies, the firm said in a statement on Wednesday, adding there had been... Read More.

Abercrombie raises full-year sales forecast on resilient apparel demand

Wednesday, August 26 by SRN News

Aug 26 (Reuters) - Abercrombie & Fitch raised its full-year sales forecast on Wednesday, as demand for its apparel brands remained resilient despite weakness in international markets. Shares of the New Albany, Ohio-based retailer rose 11% in premarket trading. The company now expects full-year net sales... Read More.

Kohl’s reports second-quarter sales miss on weak discretionary spending

Wednesday, August 26 by SRN News

By Anuja Bharat Mistry and Shania S Thomas Aug 26 (Reuters) - Kohl's missed Wall Street estimates for second-quarter sales on Wednesday, as muted consumer spending on discretionary items offset gains from the department chain's turnaround push, sending its shares down about 7% in... Read More.

US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%

Wednesday, August 26 by SRN News

Aug 26 (Reuters) - Annual U.S. inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent Iran-war induced peak is likely to add to the central bank's... Read More.

Dolly Parton’s philanthropy was based on ‘her belief in the goodness of people’

Wednesday, August 26 by SRN News

NEW YORK (AP) - Just weeks after Hurricane Helene devastated the American South in 2024, Dolly Parton stood on a stage in her iconic blonde wig, with a song on her lips. She promised the flood-ravaged community in her native Tennessee - to the... Read More.

Momentum, leveraged trading keep software stocks on roller coaster

Wednesday, August 26 by SRN News

By Sinéad Carew and Suzanne McGee Aug 26 (Reuters) - U.S. software shares have been on a roller coaster and more wild rides likely lie ahead, thanks to AI-driven uncertainty and the rise of trading strategies that investors say are accentuating the swings in popular... Read More.

Current Weather

Lucky Charms and Trix go au naturel as General Mills ditches artificial colors

Iran warns of military ship ban in Hormuz under potential deal with Oman, and other Middle East news

FDA approves landmark pancreatic cancer drug that’s shown to improve survival

Sodexo plans to cut more than 1,000 jobs in France

Mark Walter’s TWG is working with regulators, says ‘no fraud’

Abercrombie raises full-year sales forecast on resilient apparel demand

Kohl’s reports second-quarter sales miss on weak discretionary spending

US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%

Dolly Parton’s philanthropy was based on ‘her belief in the goodness of people’

Momentum, leveraged trading keep software stocks on roller coaster

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