Columbus, OH

(Reuters) -Coca-Cola raised its annual sales and profit forecasts on Tuesday, as the beverage maker expects to benefit from price hikes and an advertising blitz, mainly in international markets where demand for its sodas and juices has been relatively strong. Shares of Coca-Cola (NYSE:KO) rose nearly 2% as the company...

Coca-Cola raises forecasts, bets on price hikes and ad blitz

GM once again posted strong second quarter results, and boosted its guidance for a second time this year as customers continue buying the Detroit-based automaker's gas-powered vehicles, trucks — and even EVs. For the quarter, GM reported record revenue of $47.97 billion versus $45.51 billion estimated (Bloomberg consensus), which...

GM posts strong results, raises full-year guidance for 2nd straight quarter

Business Times

President Joe Biden's health concerns lead to flight cancellations, fueling speculation about his condition and potential power transition.

'Dying' Joe Biden Cancels Nine Flights As 'Final Preparations' Are Allegedly Made: 'Kamala Harris Will Be Made President Soon'

New York Post

L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached Mattel, the toy maker behind Barbie and Hot Wheels, with an acquisition offer, people familiar with the matter said Monday.

The move could prompt other potential suitors to consider bids for Mattel, including rival Hasbro, which has become aware of L Catterton’s approach and is discussing whether it should also submit an offer, one of the sources said. Hasbro and Mattel have held unsuccessful merger talks over the years.

The sources cautioned that there is no certainty L Catterton’s approach will push Mattel into exploring a sale and...

Toy maker Mattel receives buyout offer from L Catterton, sending shares soaring 20%

NEW YORK (Reuters) -L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached Mattel (NASDAQ:MAT), the toy maker behind Barbie and Hot Wheels, with an acquisition offer, people familiar with the matter said on Monday. The move could prompt other potential suitors to consider bids for...

Exclusive-Buyout firm L Catterton approaches Mattel with acquisition offer, sources say

New York City, NY

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community_voice

Massachusetts State

NewsByJoshua

Stop & Shop Announces Closure of 32 Stores Across the Northeast. Stop & Shop, a well-known grocery chain, has confirmed the closure of 32 of its underperforming stores across the Northeast region of the United States. The decision, aimed at streamlining operations and fostering future growth, will affect locations in New Jersey, Massachusetts, New York, Connecticut, and Rhode Island, with all closures scheduled to be completed by November 2nd.

A well-known grocery chain, has confirmed the closure of 32 of its under performing stores

Nebraska State

Omaha, NE

In a recent development, Wellpath has announced layoffs affecting 64 employees in Omaha, Nebraska, following a change in contract that necessitated the closure of its healthcare operations at a specific location.

Surprise layoffs hit Nebraska as an unexpected company downsizes

Illinois State

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writer

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

AMC Entertainment Holdings has reached a pivotal refinancing agreement with its creditors, extending up to $2.45 billion in debt maturities from 2026 to 2029 and beyond. This strategic move aims to stabilize the debt-laden theater chain, which has been navigating the financial aftermath of last year's Hollywood strikes that halted productions and impacted theaters nationwide.

AMC Entertainment Strikes Key Refinancing Deal Amid Film Festival Buzz

The Federal Trade Commission (FTC) has announced a new investigation into the controversial practice of "surveillance pricing," where companies leverage artificial intelligence (AI) and extensive consumer data to dynamically adjust prices based on individual customer behavior and characteristics. This move underscores growing concerns about privacy and fairness in the digital marketplace.

FTC Probes ‘Surveillance Pricing’ Practices of Major Corporations

In a decisive move to address escalating criminal activities linked to the gambling sector, Philippine President Ferdinand Marcos Jr. has ordered the immediate cessation of all Philippine Offshore Gaming Operators (POGOs).

Philippine President Marcos Shuts Down Offshore Gaming Industry Over Crime Links

California State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

The U.S. Department of Transportation has launched an investigation into Delta Air Lines following a series of widespread flight cancellations and delays resulting from a global technology outage. Transportation Secretary Pete Buttigieg announced the investigation on Tuesday, emphasizing the need to ensure that the airline adheres to federal laws and treats its passengers fairly during these disruptions.

Delta Faces Federal Investigation Amid Widespread Flight Cancellations

North Carolina State

Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The Motley Fool

Union Pacific as a solid passive income play to consider now.

Coca-Cola Is a Rock-Solid Dividend King, but So Is This Dirt-Cheap Value Stock That Paid $3 Billion in Dividends Over the Past Year

M Henderson

Here's another recipe for fudge that's very easy to make. You can double it, or quadruple it, for more servings. 4 tablespoons cocoa or cacao powder (I like 2 tablespoons of each)

3-Ingredient Fudge

Verizon shares fell Monday after the telecommunications giant's second-quarter earnings missed analysts' estimates despite adding phone and internet subscribers. Revenue grew slightly year-over-year, but profit slipped. Verizon also affirmed its full-year guidance, projecting wireless service revenue growth but lower adjusted earnings per share than in 2023. Verizon (VZ) shares dropped...

Verizon Slips on Earnings Miss Despite Subscriber Growth

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

NewsBreak

Coca-Cola Raises Full-Year Forecast Following Strong Q2 Results and Global Demand Surge

Coca-Cola has raised its full-year outlook after reporting stronger-than-expected earnings...

Coca-Cola Raises Full-Year Forecast Following Strong Q2 Results and Global Demand Surge

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