Columbus, OH

Reuters

ZURICH (Reuters) -Nestle shares tumbled early on Friday following the abrupt departure of CEO Mark Schneider from the world's biggest foodmaker and his replacement by company veteran Laurent Freixe.

Nestle shares tumble following abrupt departure of CEO

Jon Cox, head of European consumer equities at Kepler Cheuvreux, discusses Mark Schneider's decision to step down as Nestle CEO.

The Nestle board have decided now is the time for leadership change, analyst says

Geneva (AFP) – Nestle chief executive Mark Schneider is leaving the Swiss food group after eight years in charge and will be replaced by Latin America boss Laurent Freixe, the company said Thursday. Schneider "has decided to relinquish his roles as CEO and member of the Board of Directors",...

Nestle CEO Schneider to step down after eight years at helm

Nestle is replacing CEO Mark Schneider with long-serving executive Laurent Freixe, a big change at the world’s biggest foodmaker which has struggled of late.

Nestle replaces CEO Schneider amid recent struggles

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Chicago Star Media

Global food producer Nestlé has announced CEO Mark Schneider will step down from the company and be replaced by fellow Nestlé executive Laurent Freixe beginning September 1. According to a report from Just Food , Schneider's departure comes after eight years leading the Switzerland-based company. Schneider’s predecessor, Freixe, reportedly served as the CEO of the company’s Latin American division.

Nestlé CEO steps down, company names predecessor

The Motley Fool

One of the world's most successful hedge fund managers boasts an extremely concentrated portfolio, so it attracts attention when he makes big changes.

Billionaire Investor Bill Ackman Has 100% of His $10 Billion Portfolio in Just 9 Stocks, But There Were Seismic Changes During the Quarter

NBC News

Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more than 1% in extended trading. Here is what the company reported compared to what Wall Street was expecting, based on a survey of...

Starbucks is reeling as customers go elsewhere, sales decline

Merck is finding ways to avoid a fast-approaching patent cliff by continuing to do what it's done for a while. Medtronic is a diversified healthcare giant with several important long-term growth catalysts. These two are rock-solid businesses with strong dividend programs. Every corporation will face challenges and setbacks -- which...

2 Dividend Stocks to Buy and Never Sell

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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NewsNinja

‘Any meat items my dogs refuse to eat, I no longer eat.’ It’s said that animals have a “sixth sense,” which affords them an insight human beings cannot match. There are clips of security camera earthquake footage where pets can be seen wigging out seconds before tremors begin.

‘It ain’t food anymore.’: Dairy Queen customer warns against chicken after his dog refuses to eat it

TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

Raleigh, NC

Town Talks

Big cities are known for their hustle and bustle, drawing people in who crave excitement, variety, and entertainment. But bigger isn’t always better, or at least not for Raleigh, North Carolina.

North Carolina City Named The Most Boring Town in the State

New York City, NY

Nassau County, NY

A convicted New York drug dealer and predatory lender who was freed from federal prison after his sentence was commuted in 2021 by then-President Donald Trump was arrested on assault charges. Jonathan Braun is accused in Nassau County court of assaulting his elderly father-in-law as he tried to protect his...

New York drug dealer whose prison sentence Trump commuted arrested on assault charges

North Carolina State

Biscuitville, a North Carolina-based chain, has been named the No. 1 fast-food breakfast spot in the nation by USA Today's 10Best. This accolade comes after a month-long voting period where people across the country chose their favorite breakfast destinations.

North Carolina-based chain ranks No. 1 in the nation for fast-food breakfast. Here’s why

The artificial intelligence (AI) boom is well underway, and there may be no company that's benefited from it more than Nvidia (NASDAQ: NVDA). For years, the company's semiconductors have been a top choice among leading tech companies for AI processing, and now, it's paying off for Nvidia's stock. The company's...

Where Will Nvidia Stock Be in 1 Year?

Jackson, WY

Fed Chair Jerome Powell will deliver his policy speech at 10 a.m. ET from the central bank's annual conclave in Jackson Hole, Wyoming. For all the attention being paid to the presentation, the chances of it containing any startling news seem remote. In previous years, Powell has used Jackson Hole...

Here's everything to expect from Fed Chair Powell's speech Friday in Jackson Hole

A lot has changed in the stock market in 20 years.

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Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Houston, TX

This story is part of CNBC Make It's Six-Figure Side Hustle series, where people with lucrative side hustles break down the routines and habits they've used to make money on top of their full-time jobs. Got a story to tell? Let us know! Email us at AskMakeIt@cnbc.com. When Leena Pettigrew...

44-year-old’s garage side hustle brings in $148,600 a year: ‘You don’t have to have business experience’

Markets Insider

Stock investors should keep at least 20% of their portfolio in cash, according to billionaire investor Mark Mobius.

Investors need to be cautious on stocks because the economy is flashing a warning not seen in nearly a century, billionaire investor Mark Mobius says

Baltimore, MD

This story is part of CNBC Make It's Millennial Money series, which details how people around the world earn, spend and save their money. In 2007, Alex Smith had no designs on building a multi-state restaurant group that brings in nine figures annually. He just wanted to open an ice cream shop.

40-year-old's restaurant group could bring in $200 million this year—he started with an ice cream shop, fresh out of college

NewsBreak

Nestle CEO departure seen as 'not such a bad thing' for investors, analyst says

Nestle has replaced its CEO Mark Schneider with company veteran Laurent Freixe. The Swiss firm said in a statement Thursday that Schneider, who was at the...

Nestle CEO departure seen as 'not such a bad thing' for investors, analyst says

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