(Reuters) -Kraft Heinz is closing in on a plan to break itself up, the Wall Street Journal reported on Friday, citing people familiar with the matter. The transaction, aimed to split the company into two separate units focusing on grocery and sauces, respectively, could be finalized and announced as early as next week, the report said. In July, the company …
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The Powerball jackpot is approaching the $1 billion mark for Saturday night’s drawing. It’s at an estimated $950 million after no tickets came up winners for Wednesday night’s jackpot of roughly $850 million — the game’s sixth-largest ever at the time. Those winning numbers were 9, 12, 22, 41, 61 with a Powerball of 25. The estimated cash value of …
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Nearly three months into the investigation of the murders of three young girls in Washington state, the FBI is leading a new search for clues in hopes of finding the girls’ father and suspect in their killings, Travis Decker, the local sheriff said Monday. The search is taking place near Rock Island Campground outside of Leavenworth, Washington, where the …
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A fast-spreading wildfire in California‘s wine country prompted mandatory evacuation orders as firefighters continued to battle the blaze from the ground and air into Monday. The Pickett Fire in Northern California’s Napa County has burned some 6,803 acres since it broke out Thursday, according to the latest update from the California Department of Forestry and Fire Protection. As of Monday, …
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Boxes of Keurig coffee K-Cup pods are seen on display at a Target store on September 10, 2024 in the Flatbush neighborhood of the Brooklyn borough in New York City. Michael M. Santiago | Getty Images Keurig Dr Pepper is close to a roughly $18-billion deal to buy Dutch coffee company JDE Peet’s, the Wall Street Journal reported on Sunday, …
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Check out what’s clicking on FoxBusiness.com. Major League Baseball has reached advanced talks with NBC to ink a massive three-year media rights deal. NBC would pay MLB nearly $200 million annually to give the network Sunday night games, The Wall Street Journal reported Thursday. Because NBC holds the rights to the NFL’s “Sunday Night Football,” this deal will reportedly exclude …
Read More »Soho House Members’ Club Nears Deal to Go Private, WSJ Says Bloomberg.com Soho House close to $1.8bn take-private deal Financial Times M&A News: Soho House Agrees to $9 Per Share Deal for Going Private TipRanks Soho House near deal to go private in $1.8B deal, funded by Apollo Glo Seeking Alpha Private Equity’s Gamble on Lifestyle Brands: Soho House as a Test Case for …
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Something doesn’t make sense about the current stock market boom. U.S. big caps keep soaring while the economic outlook keeps getting worse. Right now, the atmospherics, Big Momentum and AI euphoria, are winning over the negative news flow and daunting market metrics. But sooner or later the fundamentals will take charge, and then, watch out for flying glass. On the …
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Something doesn’t make sense about the current stock market boom. U.S. big caps keep soaring while the economic outlook keeps getting worse. Right now, the atmospherics, Big Momentum and AI euphoria, are winning over the negative news flow and daunting market metrics. But sooner or later the fundamentals will take charge, and then, watch out for flying glass. On the …
Read More »SAN JUAN, Puerto Rico (AP) — Erin strengthened into a hurricane on Friday as it approached the northeast Caribbean, prompting forecasters to warn of possible flooding and landslides. The storm is expected to remain over open waters, although tropical storm watches were issued for Anguilla and Barbuda, St. Martin and St. Barts, Saba, St. Eustatius and St. Maarten. Heavy rains …
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