Ferrero snaps up Fox's Biscuits to expand cookie business

Ferrero snaps up Fox's Biscuits to expand cookie business

MILAN (Reuters) – Nutella-maker Ferrero has agreed to buy Britain’s Fox’s Biscuits, looking to expand its cookie business in Europe and take advantage of increased consumption as many Britons work from home, it said on Wednesday. FILE PHOTO: …
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GE Received a 'Wells Notice.' What That Means for the Stock.

General Electric said it has received a “Wells Notice” from the Securities and Exchange Commission in connection with accounting practices tied to insurance and GE Power operations. Investors didn’t like the news, announced on Tuesday. General Electric …
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Think 'decent' stock-market returns are guaranteed by aggressive Fed stimulus? Think again, says Pimco

“Don’t fight the Fed” is a popular mantra when it comes to investing. But recent history shows that aggressive monetary stimulus by major central banks doesn’t ensure big gains for stock-market investors. In an outlook report published Wednesday, Pacific …
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DraftKings Tumbles On New NFL Covid Cases, Secondary Offering Price

DraftKings stock sank Wednesday amid reports of new coronavirus infections in the NFL and a weak pricing for a secondary offering. X. This video file cannot be played.(Error Code: 102630). The New England Patriots, Tennessee Titans and Las Vegas …
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Congress Agrees: Big Tech Is Broken.

This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. It is stunning that members of Congress mostly agree that four of America’s most successful companies are bullies that abuse their power to stay on top. That was my …
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