General Mills Dives Deeper Into Pet Market With This $1.45 Billion Acquisition: Details
General Mills, Inc. (NYSE: GIS) disclosed a deal to acquire Whitebridge Pet Brands’ North American premium cat feeding and pet treating business from NXMH for $1.45 billion.
Amount of 'unbanked' Americans hits a record low
The percentage of US households lacking access to a checking account is now at a record low, but minorities still have a weaker connection to the American banking system than white households do.
Cava stock on a tear as fast-casual players continue to outperform the industry
TD Cowen analyst Andrew Charles wrote in a client note that Cava's price increase, of roughly 15% compared to 2019, "significantly trails" the 25% to 30% hikes by most fast-casual peers. In the ...
Can You Raise A Family Here? Here's What It Takes To Live Comfortably In America's Costliest States
Massachusetts is among the most expensive states for families, requiring a combined household income of $301,184 for a family of four to live comfortably. With median home prices at $769,500, the ...
Veteran NBC host Craig Melvin tapped to replace Hoda Kotb for the first hours of 'Today' show
NEW YORK (AP) — Veteran NBC host and news anchor Craig Melvin has been tapped to replace Hoda Kotb as co-host of the 7 a.m. to 9 a.m. hours of “Today.” ...
Canada's oil & gas industry likely to cut production under new rules: Morningstar DBRS
If the federal government is firm on its timeline, Morningstar DBRS says the most likely result will be lower Canadian oil and gas production. Rai says the amount of shut-in production will depend on ...
Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock
(Reuters) -Tapestry is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the companies said on Thursday, ending their effort to create a U.S. luxury giant to ...