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Quarterly operating profit topped $10 billion for the first time but grew just 7%, in part from recent purchases of the Alleghany insurer and Pilot truck stop operator. Second-quarter operating profit rose to $10.04 billion, or about $6,938 per Class A share, from $9.42 billion a year earlier. Net income totaled $35.91 billion, or $24,775 per Class A share, compared with a year-earlier $43.62 billion loss. Pilot added $114 million to operating profit. Overall profit from Berkshire Hathaway Energy, in which Berkshire has a 92% stake, was little changed at $785 million.
Persons: Warren Buffett, Rick Wilking, Berkshire Hathaway, Cathy Seifert, Seifert, Buffett, PacifiCorp, Jonathan Stempel, Angus MacSwan, Jan Harvey, Alistair Bell Organizations: Berkshire Hathaway Inc, Omaha , Nebraska U.S, REUTERS, Berkshire, Clayton Homes, BNSF, Berkshire repurchased, Apple, Occidental Petroleum, Berkshire Hathaway Energy, Forbes, Thomson Locations: Omaha , Nebraska, Berkshire, Alleghany, Occidental, An Oregon, New York
Here are the meanings of the least-found words that were used in (mostly) recent Times articles. regulations define milk as a “lacteal secretion” obtained by milking “one or more healthy cows.” — Got Almond Milk? Those chemicals, the researchers said, may be especially irritating to the lungs and can cause damage when inhaled. — Dozens of Young People Hospitalized for Breathing and Lung Problems After Vaping (Aug. 14, 2019)3. titmice — any of several small birds:But enterprising birds can be mischievous. Like the titmice and other Parids that steal hair from dogs, raccoons and even humans, probably to fortify their nests.
Persons: lacteal, acetal, Duke, Young, , unceded —, ecocide ”, , Vergollo, — Michael Batayeh, trimaran, Barth, Erick Clement, , ” — Alexander Toradze Organizations: Food and Drug Administration, Yale, Art Schools, Johnsons, Racing Locations: New, Hudson, St
Hong Kong CNN —What happens when Asia’s biggest potato chip maker runs out of potatoes? Pepsi (PEP) controls about 24% of the region’s potato chip market, while Calbee has about 12%, according to data from Euromonitor International. But the area was ravaged by drought in 2021, and the firm’s domestic potato supply fell by 8% and 14% in the 2021 and 2022 fiscal years, respectively. Calbee tried to make up for the shortfall by importing more from the United States, which normally accounts for the remaining 10% of its potato supply. “Staying available on shelves is essential, not just to compete with other potato chip brands but also with other types of snacks.”
Persons: , Makoto Ehara, Noriko Hayashi, Calbee, Ehara, it’s, Keiei Sho, Sho, Emil Fazira Organizations: Hong Kong CNN, CNN, Bloomberg, Getty, Pepsi, Euromonitor, United Nations, Food, Agriculture Organization, FAO, Walmart Locations: Hong Kong, Tokyo, Asia, Brazil, Ukraine, Japan, Hokkaido, United States, Pacific Northwest, , America, Europe, China, Indonesia, Asia Pacific
A glass of milk could soon cost a lot less due to China's economic slump. Whole milk powder prices slumped to a three-year low as Chinese demand for dairy products slides. With demand struggling to recover after the pandemic, whole milk powder prices have been sliding, Bloomberg reported. The average price for a ton of milk powder has tumbled to $2,864 – the lowest level since June 2020, per the GlobalDairyTrade. Economic growth for the three months to June 30 also badly missed economists' expectations of 7.3%, rising just 6.3%.
Persons: Per, Emma Higgins Organizations: Service, Bloomberg, Per Bloomberg Locations: China, Wall, Silicon, New Zealand
Why some salads may be unsafe
  + stars: | 2023-08-03 | by ( Kirsi Goldynia | ) edition.cnn.com   time to read: +16 min
Even harder to contend with is the fact that the food products most susceptible to contamination are often those we eat for their health benefits – produce items. “Produce led the list; about 46% of the foodborne illness that we saw in the US could be attributable to produce. But you bring up a really great point that the processing of packaged meats may actually protect the products from pathogens. I think water is going to emerge as a huge issue. I think we’ve got systems in place that do a good job of making sure that consumers are getting good products.
Persons: Dr, Catherine Donnelly, Listeria, , Donnelly, “ Produce, ” That’s, , ” Donnelly, I’m, we’ve, Edwin Remsberg, they’re, there’s, Barack Obama’s, Bridget Bennett, Vibrio, Facebook There’s Organizations: CNN, Department of Nutrition, Food Sciences, University of Vermont, US Centers for Disease Control, CDC, , Food and Drug Administration, FDA, US Department of Agriculture, Getty, Bloomberg, Twitter, Facebook Locations: Western Washington, Cronobacter, Michigan, KFF, Vermont, hydroponics
More intense summer heat resulting from emissions-driven climate change means animal heat stress that can result in billions of dollars in lost revenue for farmers and ranchers if not properly managed. But technology often insulates livestock in richer countries — another way global warming exacerbates the gap between wealthy and poor nations. Their cows are already showing signs of improved welfare, like chewing more cud, and there's more heat ahead this summer. "We're going to do what's best by our cows no matter what is or isn't going on with climate change," said Megan McAllister, a sixth-generation dairy farmer. As part of his work with Kansas State, Redmond gives presentations to producers and the general public, and he said that climate change has come up in conversations.
Persons: Farmer Ken Ries, Atul Jain, Mario Herrero, McAllister, Megan McAllister, Michelle Schack, they've, let's, Schack, Gerald Nelson, Nelson, Chip Redmond, Redmond, Jackie Boerman, Boerman Organizations: Livestock, The University of Illinois, Cornell University, University of Illinois, USDA, Kansas State University, Kansas State, Purdue University Locations: Ryan , Iowa, U.S, The University of Illinois Urbana, Champaign, United States, New Vienna , Iowa, Arizona, University of Illinois Urbana
Lack of awareness, lack of diagnosisScientists have only recently begun to understand alpha-gal syndrome. Another third of respondents said they were not confident about their ability to diagnose or manage a patient with alpha-gal allergy. Diagnoses on the riseResearchers haven’t had a good idea how many Americans might have alpha-gal syndrome. This led to them to estimate that between 96,000 and 450,000 Americans may have been affected by alpha-gal syndrome since 2010. A CDC map shows the geographic distribution of suspected alpha-gal syndrome cases per 1 million population per year from 2017 to 2022.
Persons: Ken McCullick, , , “ I’m, ” McCullick, , Scott Commins, aren’t, they’d, wasn’t, haven’t, epidemiologists, Commins, ” Commins, Johanna Salzer, CNN Salzer, ” Salzer, Salzer, McCullick, Dr, Sanjay Gupta, anaphylaxis, , , lightbulb Organizations: CNN, Alpha, US Centers for Disease Control, University of North Carolina School of Medicine, CDC, , Get CNN, CNN Health Locations: Brooksville , Florida, United States, Lenexa , Kansas, Midwest
New York CNN —The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the first half of the year for its positive forecast, Mondelez (MDLZ) International said in its second quarter earnings call Thursday. It expects a 12% organic net revenue growth compared to an analyst estimate of 10%, driven in part by high demand for its snacks offsetting the high cost of goods. It’s their second quarter in a row of growth. In the second quarter, net revenue increased 17% to $8.51 billion. It’s notable there was strong demand for snacks as extreme weather, the war in Ukraine, avian flu and higher costs along the supply chain increased global food prices.
Persons: It’s Organizations: New, New York CNN, Cadbury, Ritz, LU Locations: New York, Chicago, Ukraine, Europe, China, Clif
Chipotle Mexican Grill on Wednesday reported quarterly earnings that crushed expectations, but the burrito chain's sales fell short. The company's same-store sales grew 7.4%, falling shy of StreetAccount estimates of 7.5%. The company reiterated its full-year forecast of same-store sales growth in the mid- to high-single digit range. However, for the third quarter, Chipotle anticipates same-store sales growth in the low- to mid-single digit range. Wall Street is anticipating same-store sales next quarter of 5.9%, according to StreetAccount.
Persons: Chipotle Organizations: Refinitiv, burrito Locations: New York
This brings the total impairments related to Russia to almost 700 million euros, Danone said. The adjustment on the balance sheet of 500 million euros to reflect the negative currency transaction difference will also be recognized by Dec. 31, it added. Danone also reported a better-than-expected rise in quarterly like-for-like sales, as it increased prices again to make up for rising costs. Like-for-like sales rose 6.4% in the second quarter, beating expectations for 5.6% growth in a company-compiled consensus of 18 analysts. ($1 = 0.9047 euros)Reporting by Richa Naidu; Editing by Edmund Klamann, Muralikumar Anantharaman and Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.
Persons: Danone, Richa Naidu, Edmund Klamann, Muralikumar Anantharaman, Conor Humphries Organizations: France's Danone, Danone, Evian, Nestle, Thomson Locations: Russia, Russian, Ukraine
London CNN —When Russia launched its full-scale invasion of Ukraine in February 2022, a slew of Western companies left in protest. Companies now find themselves caught between Western sanctions and public outrage on the one hand, and an increasingly hostile Russian government on the other. The Kremlin is making it more difficult for Western firms to sell their Russian assets — and imposing steep discounts and punitive taxes when they do. Both companies had been finalizing sales to local buyers when President Vladimir Putin signed an order nationalizing their local assets earlier this month. Spurred by sweeping Western sanctions, oil companies, automakers, technology firms, consultancies and banks led the initial wave of departures.
Persons: , Vladimir Putin, Carlsberg, Maria Shagina, Andrey Rudakov, Konstantin Zavrazhin, Hein Schumacher, Schumacher, , ” Procter, Gamble, ” Mondelez, Fortum Oyj, Jeffrey Sonnenfeld, ” Sonnenfeld, — Olesya Dmitracova Organizations: London CNN, Nestlé, Heineken, Companies, Danone, Carlsberg, Breweries, International Institute for Strategic Studies, CNN, Bloomberg, Getty, Yale University, Yale, Unilever, UL, Procter, Gamble, Treasury, Foreign, Control, Carlsberg — Locations: Russia, Ukraine, Lyubuchany, Rosneft, Moscow, Russian
Milk and vegetable retailer Mother Dairy has seen a 300% jump in tomato puree sales in the last 15 days in New Delhi, a spokesperson said. Amazon said demand for tomato puree on its platform rose five times over the past month, while ketchup sales rose 30%. Packs of puree typically contain around 40% tomato paste and the rest water, and cost 130 rupees/kg. Google Trends data shows the number of online searches for terms "tomato puree" and "tomato puree 1kg price" in recent weeks in India have been highest in the last five years. Food sellers - big and small - are battling high tomato prices.
Persons: Dairy, BigBasket, Seshu Kumar, Pravieen Sridhar, Price, gesturing, Pradeep Shetty, Raj Kumar, Riddhima Talwani, Aditya Kalra, Kim Coghill Organizations: Google, Restaurant Association of Western, Thomson Locations: DELHI, New Delhi, Indian, Chennai, India, Birju, Restaurant Association of Western India, Delhi
London CNN —Can it ever be too hot for ice cream? “When it gets too hot, people move away from ice cream and buy a cold drink instead,” he said. The consumer goods giant commands a fifth of global ice cream sales, according to Euromonitor. The company’s overall ice cream sales grew 5.7% in the first half of the year in value terms, compared with the same period in 2022. Price rises across Unilever’s products helped push up its sales by 9.1% in the first half, even though volumes fell marginally.
Persons: Cornetto, , Graeme Pitkethly, Jerry’s, Carte d’Or, Hein Schumacher, Schumacher —, FrieslandCampina — Organizations: London CNN, Unilever, UL, Health Locations: Europe, Spain, Italy, Greece, Ukraine
CNN —The plant-based milk market is exploding, offering beverages made from seeds, nuts, legumes, grains and blends of those ingredients, often marketed as ready replacements for the traditional choice of cow’s milk. The study analyzed nutrition labels and ingredients for 233 plant-based milk products from 23 different manufacturers and found only 28 of the beverages had as much or more protein, vitamin D and calcium as cow’s milk. “Most of the plant milk products fall between the level of 1% and skim milk in terms of saturated fat,” Johnson said. “As a person who studies the microbiome, however, I wouldn’t recommend plant-based milk products for fiber yet. “About a third of the plant-based milk products have sugar or added sugar in quantities that’s more similar to a flavored milk like a strawberry or chocolate milk,” Johnson said.
Persons: , Abigail Johnson, “ I’m, Johnson, Christopher Gardner, Gardner, ” Gardner, Walter Willett, Harvard T.H, Willett, milks, ” Johnson, ” Willett, , ” That’s Organizations: CNN, Nutrition, American Society for Nutrition, University of Minnesota School of Public Health Nutrition Coordinating, Stanford Prevention Research, Stanford Diabetes Research Center, Harvard, of Public Health, Harvard Medical School, University of Minnesota Locations: Boston, Minneapolis, California, Chan
Yen pressured as traders wait on policy decisions
  + stars: | 2023-07-24 | by ( ) www.cnbc.com   time to read: +2 min
A bundle of Japanese 10,000 yen banknotes on a tray arranged at a branch of Resona Bank Ltd. in Tokyo, Japan. The Federal Reserve concludes a meeting on Wednesday, followed by the European Central Bank a day later and the Bank of Japan on Friday. It is under pressure as the central bank believes it is finished hiking rates and export prices have dragged as China's post-pandemic recovery has disappointed. "As long as dairy prices remain under pressure, the New Zealand dollar is unlikely to thrive," said ANZ analysts. On the data front, traders will be watching out for Purchasing Manager's Index figures due across the globe through the trading day on Monday.
Persons: Bob Savage Organizations: Resona Bank, Bank of Japan, European Central Bank, Reuters, Swiss, U.S, BNY Mellon, ECB, New Zealand, ANZ Locations: Tokyo, Japan, Europe, United States
Chobani founder and CEO Hamdi Ulukaya went from working on a farm with little money to running a billion-dollar business — and he did it without sticking to a plan. "[When you stick to plans] you're creating some kind of rigid lines and not seeing the dimension of possibilities." Years later, Ulukaya came across an ad for a fully equipped yogurt factory — and buying it meant he needed a business plan. "I made my first business plan that I wrote for the Small Business Administration to [get a loan] to buy that whole factory... Ulukaya isn't the only one ditching the conventional wisdom of building a career plan and sticking to it.
Persons: Hamdi Ulukaya, Adam Grant, Grant, Ulukaya, Chobani, Tim Cook, Cook, I'm Organizations: Small Business Administration, Apple, Duke University Locations: Turkey, New York
Nolan's "Oppenheimer" fails to highlight the women who helped make the Manhattan Project possible. Here are the stories of just six of the hundreds of women that made essential contributions to the Manhattan Project in Los Alamos. Hornig first arrived at Los Alamos after Manhattan Project officials tapped her husband to join the effort. Los Alamos National LaboratoryCharlotte SerberCharlotte Serber first went to Los Alamos with her husband, a physicist, in 1942. Los Alamos National LaboratoryMaria Goeppert MayerTheoretical physicist Maria Goeppert Mayer contributed to the development of nuclear fission while working at Columbia University, Sarah Lawrence College, and visiting Los Alamos from time to time.
Persons: Nolan's, Oppenheimer, Christopher Nolan's, J, Robert Oppenheimer, Lilli Hornig, Charlotte Serber, Nolan, Hornig, Lilli Hornig's, Alamos National Laboratory Charlotte, Serber, Charlotte Serber's, Alamos National Laboratory Floy Agnes, Naranjo Stroud, Lee Floy Agnes, Lee, — Lee, Louis Slotin, Joan Hinton Joan Hinton, Hinton, Harry Daghlian, Joan Hinton, Reuters Elizabeth Graves Elizabeth Graves, Graves, Henry Barschall, Elizabeth Graves, Alamos National Laboratory Maria Goeppert Mayer, Maria Goeppert Mayer, Sarah Lawrence, Mayer, Edward Teller, Sharon McGrayne, Marie Curie Organizations: Manhattan, Service, Manhattan Project, Trinity Test, Hornig, Alamos National Laboratory, Sun, University of New, University of Chicago, American Indian Science and Engineering Society, University of Wisconsin, Los Alamos, Trinity, New York Times, Reuters, US Department of Energy, Columbia University, Sarah, Sarah Lawrence College Locations: Wall, Silicon, Los Alamos , New Mexico, Los Alamos, United States, Berlin, Germany, New Mexico, Japan, Santa Fe, University of New Mexico, Santa Clara Pueblo, Hiroshima, Nagaski, China, Beijing, Alamos, Los,
The Swiss are proud of their cheese, and most of the cheese they eat are local varieties like Gruyère, Emmental and other hard cheeses from milk from happy cows that are famous all over the world. The Swiss also eat a lot of cheese: more than 50 pounds per person per year, versus about 40 pounds per person in the United States. “Cheese is part of our identity,” said Daniel Koller, a director at Swissmilk, Switzerland’s dairy association. Switzerland now exports about 40 percent of the cheese it produces, per industry estimates. But in each of the first five months of this year, Switzerland imported more cheese by weight than it sold abroad, according to customs data.
Persons: , Daniel Koller, Koller’s Organizations: European Union Locations: Swiss, United States, Switzerland
The study found that, compared to meat-heavy diets, vegan diets resulted in 75 percent less land use, 54 percent less water use, and 66 percent less biodiversity loss. A vegan diet avoids all animal products, including meat, eggs and dairy. Vegan diets had the lowest totals, accounting for 5.4 pounds of carbon dioxide a day. In terms of land and water use and effects on species’ extinction, vegetarians, fish eaters and low meat diets had similar results. The study also found that vegans and vegetarians were on average younger than fish and meat eaters.
Persons: Dr, Scarborough
The house in Devon similarly balances crisp forms, simple materials and the occasional more luxurious touch. Their interest piqued, Pinch and Bannon went to see the place, only to be told an offer had already been accepted. But several days later they received a phone call: the farmer felt hopeful the couple would respect his vision and invited them to make a competing offer. One side would incorporate the old barn — thought to date to around 1600 and the erstwhile home of the ice cream factory — and would accommodate two bedrooms. But we like the patina and big knots, which give it such character.”
Persons: Pinch, David Kohn, Bannon, Ada, Floris, , ’ ”, Kohn, Locations: Devon, British, South London
According to a decree signed by Putin on Sunday, the Russian state had taken control of Danone's Russian subsidiary along with beer company Carlsberg's (CARLb.CO) stake in a brewer. Yakub Zakriev, 32, a deputy prime minister of Chechnya and the republic's agriculture minister, took the post of general director of Danone Russia on Tuesday, Interfax's SPARK database of company disclosure documents in Russia showed. "Choosing him as general director of Danone Russia shows that representatives of the team of Chechen President and Hero of Russia Ramzan Akhmatovich Kadyrov are talented and successful managers," Dudayev said on his Telegram messaging app. Kadyrov, a close ally of Putin, has referred on social media to Zakriev as his "dear nephew". Danone sought alliances with big local players during the boom years, eventually gaining at least a fifth of Russia's dairy market.
Persons: Kadyrov, Danone Russia Kovalchuk, Carlsberg, Ramzan Kadyrov, Vladimir Putin, Putin, Yakub Zakriev, Akhmed Dudayev, of Russia Ramzan Akhmatovich Kadyrov, Dudayev, Zakriev, Zulai, Akhmad Kadyrov, Kadyrov's, Danone, Yuri, Mikhail Kovalchuk, Bolloev, Guy Faulconbridge, Lidia Kelly, Shubhendu, Stephen Coates, Angus MacSwan Organizations: Danone Russia, Danone, Kremlin, Sunday, Chechen, Moscow State University, Cuban Missile, Soviet, Financial Times, Shubhendu Deshmukh, Thomson Locations: MOSCOW, Russia, Ukraine, Russian, Chechnya, Grozny, Paris, Red, Soviet Union, United States, China, Baltika, St Petersburg, Moscow, Melbourne, Bengaluru
Chronic constipation has been linked with inflammation and mental disorders such as anxiety and depression, but there have been many unanswered questions about the relationship between digestive health and long-term cognitive function, according to a news release. Cognitive function refers to a person’s mental capacity for learning, thinking, reasoning, problem-solving, decision-making, remembering and paying attention. To find clues to these queries, the authors assessed more than 112,000 adults who had participated in the Nurses’ Health Study, Nurses’ Health Study II and Health Professionals Follow-Up Study. The authors of the latest research collected data on participants’ bowel movement frequency from 2012 to 2013, participants’ self-assessments of cognitive function between 2014 and 2017, and details on some participants’ objectively measured cognitive function between 2014 and 2018. But bowel movement frequency and subjective cognitive function were also linked with the participants’ gut microbiomes, the authors found.
Persons: , Chaoran Ma, pooped, Maria C, Carrillo, wasn’t, , ” Ma, Butyrates, Ruminococcus, ” Carrillo Organizations: CNN, Alzheimer’s Association International, University of Massachusetts Amherst, Nurses, Health, Alzheimer’s Association, Cleveland Clinic, Food and Drug Administration Locations: Amsterdam, , North America
Western states that rely on the shrinking Colorado River have struggled for years to agree to cuts. Arizona was among the states that came to an agreement in May and has asked residents to cut back. The Washington Post found Arizona has let a Saudi firm pump water unchecked for years. But since 2015, Arizona has let a Saudi Arabian firm use water largely unchecked. While the extent of water usage by a Saudi company for alfalfa exports has sparked controversy in Arizona, others have pointed out that the state's water problems go well beyond that.
Persons: it's, John Schneeman, Fondomonte Organizations: Washington Post, Service, feds Locations: Colorado, Arizona, Saudi, Phoenix, Saudi Arabia, Arizona , Colorado , Nevada , New Mexico , Utah , Wyoming, California, May , Arizona , California, Nevada
Contains many spoilers for Season 1 of “Creamerie.”The New Zealand post-viral-apocalypse comedy “Creamerie” likes to begin an episode right where the previous one left off. “Creamerie” is in the science fiction subgenre of world-without-men shows; others include the new Netflix anime “Ooku: The Inner Chambers” and FX on Hulu’s “Y: The Last Man” from 2021. “Creamerie” was created by the actresses who play the leads — J.J. Fong, Perlina Lau and Ally Xue — along with the writer and director Roseanne Liang. The four have been collaborators for a decade, making Web series about relatably snarky young women in urban New Zealand. Fong, Lau and Xue play Jamie (determined, sorrowful, sexy), Pip (uptight, repressed, resourceful), and Alex (rebellious, profane, loyal), the proprietors of a dairy farm in rural New Zealand.
Persons: , cowering, French, It’s, , Creamerie ”, — J.J, Fong, Perlina Lau, Ally Xue —, Roseanne Liang, Lau, Xue, Jamie, Pip, Alex Organizations: Hulu, Netflix Locations: Zealand, New Zealand
Some of the GOP electors in Michigan were local activists who were recruited to serve as “fake electors,” all while inaccurately believing there was still a chance that then-President Donald Trump might secure a second consecutive term. CNN has reached out to the 16 fake electors for comment about the criminal charges. Here’s what we know about the 16 fake electors facing state charges. Meshawn Maddock, 55, was co-chair of the Michigan Republican Party during the 2020 campaign and is married to a GOP member of the Michigan House of Representatives. James Renner, 76, was also brought in later in the process to replace one of the original GOP electors.
Persons: , Donald Trump, Meshawn Maddock, Kathy Berden, Marian Sheridan, Kent Vanderwood, Stanley Grot, Amy Facchinello, Ann Henry, Michele Lundgren, , we’d, Trump, , ” Clifford Frost, John Haggard, Timothy King, Rose Rook, Mayra Rodriguez, Hank Choate, Sonny Perdue, Ken Thompson, Thompson, James Renner Organizations: CNN, Republicans, Republican National Committee, Trump, Michigan Republican Party, GOP, Michigan, Representatives, Republican National Convention, Wyoming City Council, 2nd District Republican Party, Genesee County Republican Party, Congressional, Republican, Democratic, Detroit Free Press, Michigan GOP Locations: Michigan, Washington ,, DC, Wyoming , Michigan, Grand Rapids, Wyoming, Shelby Township, Grand Blanc, Flint , Michigan, Genesee, Michigan’s, Lansing, Detroit, Macomb County, Van Buren County
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