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General Mills to Sell North American Yogurt Business for $2.1 Billion
General Mills said it agreed to sell its North American yogurt business, including its Yoplait brand, to two French dairy companies for a total of $2.1 billion in cash, as the Cheerios and Bisquick maker focuses on higher-margin brands.
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Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.
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Verizon to Post $1.4 Billion Severance Charge After 4,800 Workers Take Buyout
Verizon Communications will book a third-quarter severance charge of up to $1.4 billion after roughly 4,800 employees accepted a buyout offer.
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Sibanye-Stillwater Cuts Guidance, Swings to Wider-Than-Expected Net Loss
Sibanye-Stillwater cut its gold production guidance for the year and posted a swing to a wider net loss than analysts had expected for the half year.
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Warner Bros. Discovery Signs New Distribution Deal With Charter
The new multiyear pact will increase the overall fees Charter pays to carry Warner Discovery channels such as CNN, Food Network and TBS.
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Here’s the inflation breakdown for August 2024 — in one chart
The consumer price index rose by 2.5% in August, on an annual basis. It was the lowest reading since February 2021.
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Bitcoin could soon hit six figures regardless of who wins U.S. election, investors say
Despite the increasingly partisan sentiment in the crypto industry, bitcoin will thrive regardless of who wins the U.S. presidential election in November.