
Restaurant Chain Cava Projects Profit Growth in First Update Since June IPO
Cava Group Inc. expects higher profits this year, although it cautioned that a muddy consumer-spending picture could limit
2023-08-16 04:51

Payments Startup Dlocal Taps Former MercadoLibre CFO Arnt as Co-CEO
Uruguay’s first tech unicorn, Dlocal, named e-commerce veteran Pedro Arnt as its co-chief executive officer as the firm
2023-08-16 04:25

Norway’s $1.4 Trillion Wealth Fund Returns 10% on Tech Surge
Norway’s $1.4 trillion sovereign wealth fund returned 10%, or $143 billion, in the first half, indicating it’s back
2023-08-16 03:58

VinFast’s $65 Billion De-SPAC Valuation Vaults It Past Ford, General Motors
VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of
2023-08-16 03:55

Sanofi Was Mystery Bidder That Lost Reata to Biogen
Biogen Inc. narrowly beat out Sanofi SA to clinch its $7.3 billion acquisition of Reata Pharmaceuticals, according to
2023-08-16 03:54

Nestlé recalls Toll House cookie dough
Nestlé USA is recalling a “limited quantity” of its Toll House Chocolate Chip Cookie Dough “break and bake” after fragmented pieces of wood were found in some packages. On 10 August, the food and drink corporation announced the news in a press release published on its website. According to the company, it had identified two batches of the 16.5 oz product produced on 24 and 25 April as being the reason for the recall, “due to the potential presence of wood fragments”. “This recall does not involve any other Nestlé Toll House products, including other varieties of refrigerated cookie dough in ‘break and bake’ bars, rolls, or tubs, or Edible cookie dough,” the statement read. Nestlé directed consumers’ attention to the recalled batch codes to avoid, both 16.5 oz bags with 311457531K or 311557534K. The company warned people who have already purchased these batches to “not prepare or consume the product” and urged them to “return the product to the retailer where it was purchased for a replacement or refund”. There have been no reported injuries or illnesses related to the recall, according to the confectioners. “We are taking this action out of an abundance of caution after a small number of consumers contacted Nestlé USA about this issue,” the release proclaimed. “The quality, safety and integrity of our products remain our number one priority. We sincerely apologise for any inconvenience this action represents to both our consumers and retail customers.” Nestlé also said it is in contact with the US Drug and Food Administration (FDA) about the recall, according to their press release. Anyone in need of support or with any further questions is encouraged to contact the company’s customer service line at (800) 681-1678 Monday through Friday, between 9am and 6pm ET. The recall comes after Nestlé voluntarily recalled its Stuffed Chocolate Chip Cookie Dough with Fudge Filling because of the “potential presence of white plastic pieces” in October of 2022. The Independent has contacted Nestlé for further comment. Read More Advocates sue federal government for failing to ban imports of cocoa harvested by children Sugary cereals and yoghurts must remove child-friendly packaging – health group Nestle reveals reason behind price increase of its most popular chocolate bar
2023-08-16 03:45

Esmark CEO says has money in bank account for $7.8 billion US Steel bid
By David Carnevali NEW YORK Esmark Inc majority owner and chief executive James Bouchard said in an interview
2023-08-16 03:28

Cable, Broadcast Channels Fall to Below Half of All TV Viewing
The amount of time people spent watching cable and broadcast channels has fallen for the first time to
2023-08-16 03:26

U.S. gasoline prices at year high, tight supply weighs on motorists
By Laura Sanicola and Shariq Khan U.S. motorists are squeezing out one last trip before Memorial Day holiday
2023-08-16 03:18

PNC Is Selling $750 Million of Debt in Latest Bank Bond Rush
PNC Financial Group Services Inc. is tapping the US blue-chip bond market for the second time since a
2023-08-16 02:59

Blockstream Is Betting on Bitcoin Comeback as It Hoards Crypto Mining Rigs
Bitcoin developer Blockstream Corp. is betting that the world’s most valuable cryptocurrency is poised for a massive rebound,
2023-08-16 02:45

Vietnam’s Richest Man Adds $30 Billion as EV Maker Goes Public
VinFast Auto Ltd. soared on its first day in the public markets, boosting the fortune of its billionaire
2023-08-16 02:29