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CNN —Cocoa prices are surging so high, the Easter Bunny might want to hoard its chocolate. Poor climate and crop diseases in West Africa – home to 70% of global cocoa production – have tightened supply and caused prices to skyrocket. As prices rise, some chocolatiers are exploring cost-cutting alternatives, like diversifying their products to depend less on cocoa. Yet mining often destroys farms and the possibility of a livelihood in cocoa production, Issaka said. “Given the persistently high cocoa prices, it may be necessary for us to make responsible adjustments to pricing in the future,” the spokesperson wrote in an email.
Persons: Hershey’s, Shaquille O’Neal, Michele Buck, Billy Roberts, Roberts, ” Roberts, Issaka, Will Kletter, Kletter, , Peng Xu, Christopher Taylor, Li, Taylor, , “ We’re, “ It’s, ” Taylor Organizations: CNN, Cadbury, NCA, “ Brands, Industries, International Cocoa Organization, Rabobank, US, , Euromonitor Locations: West Africa, North Region, Ghana, Ivory Coast, Silicon, Washington ,, Manhattan
Rising cocoa prices aren’t the only concern for customers this Valentine's Day. Last Thursday, Hershey Co. said it would cut 5% of its workforce after historic cocoa prices and inflation-weary consumers dampened fourth quarter earnings. “And it looks like it’s not necessarily going to subside anytime soon.”The Supreme Valentine’s Day SweetRoughly 92% of Americans say they plan to share chocolate and candy for Valentine’s Day this year, according to the National Confectioners Association. In 2023, Valentine’s Day chocolate and candy sales exceeded $4 billion, the NCA says. Issaka said that while high demand and low supply raise prices, cocoa farmers are getting squeezed.
Persons: , Michele Buck, Billy Roberts, ” Roberts, Lindsey Nicholson, Marnie Ives, Ives, ” Ives, “ It’s, Karl Schneider, Roberts’s, Issifu, Issaka, ” Issaka, “ I’m, Cote, Will Kletter, Sabi Ibarra Guerrero, Uwe Gneiting, Gneiting, Joke Aerts, Aerts, ” Aerts, Sia Kambou, Price, Tony’s, , they’ve, CNN’s Eva Rothenberg Organizations: CNN, Hershey Co, National Confectioners Association, NCA, Cocoa, Oxfam America, Getty, Fairtrade, Cote d’Ivoire, Locations: West Africa, North America, Manhattan, Queens , New York, Neck, NY, Bloomfield , NJ, Ghana, North Region, Cote d’Ivoire, Silicon, Africa, Accra, Cote, Hermankono, AFP
CNN —Kosovo police said Sunday that they have killed three armed attackers and arrested another amid an ongoing shootout in the village of Banjska in northern Kosovo. Kosovo is majority Albanian, but like other villages in the north, Banjska is predominantly Serbian. Kosovo declared independence from Serbia in 2008 but Serbia sees Kosovo as a breakaway state. Kosovo Police and a group of armed, masked men stand in front of the Banjska Monastery in North Kosovo. Tensions between Kosovo and Serbia have escalated in recent months with violent protests erupting in May over controversial local elections.
Persons: , , Veton Eljsani, Albin Kurti, Josep Borrell, ” “, Borrell Organizations: CNN, Kosovo police, Police, , Facebook, “ Kosovo Police, Kosovo Police, . Police, AP, Kosovo, Serbia’s Foreign, EU, KFOR, NATO Locations: Banjska, Kosovo, ” Kosovo, Serbian, Serbia, Belgrade, Pristina, , North Kosovo, Banjska Monastery, EULEX
RIO DE JANEIRO (AP) — Upon spotting a zookeeper laden with a bucket full of fruit-flavored ice pops, black spider monkeys in Rio de Janeiro’s BioParque gracefully swung their way towards him on Friday, chattering excitedly. The ice pops are part of the monkeys’ well-being program. For the monkeys, the ice pops are watermelon, pineapple or grape flavored. But for Simba, the zoo’s lion, the ice treat is made up of blood or minced meat. To cool her down even more, a zookeeper sprayed Koala with a hose.
Persons: chattering, it's, it’s, , zookeeper Tadeu Cabral, Simba, Daniel Serieiro, Carlos Acuña Organizations: RIO DE, National Institute of Meteorology Locations: RIO DE JANEIRO, Rio de, Brazil, Sao Paulo, Costa Rica, Bahia
US Air Force B-2 stealth bombers have returned to Keflavik in Iceland for the first time since 2021. It's the first deployment since B-2 bombers resumed flying after a five-month safety stand down. The deployment is the first one since the stealth bomber fleet returned to normal operations on May 22, 2023, after a five-month safety stand down following the incident in December last year. Two pilots approach a B-2 during Bomber Task Force 24-4 in Keflavik on August 15. A crew chief prepares to marshal a B-2 during Bomber Task Force 24-4 in Keflavik on August 15.
Persons: Heather Salazar, James Hecker, Andrew Kousgaard, Col Kousgaard, Diego Garcia, Northrop Grumman Organizations: US Air Force, Keflavik, Service, 509th Bomb, Whiteman Air Force Base, Whiteman, Alliance ., Bomber, Tech, RAF Fairford, Force, Naval Air Station Keflavik, US Air Forces, US Air Forces Africa, NATO Allied Command, 393rd Bomb Squadron, Whiteman AFB, Libya Air, Allied Force, ISIS, Lajes, Andersen Air Force Base, Raider, US Air Force's, Northrop Locations: Iceland, Wall, Silicon, Missouri, Keflavik, Mississippi, Europe, U.S, Korean, Libya, Serbia, Fairford, Azores, Portugal, Guam, Ocean Territory
The idea is getting replicated from the Bell Labs location, or Bell Works New Jersey, Keating said. The spaces run by Bell Works' own coworking brand, CoLab, are nearly 100% occupied. At Bell Works New Jersey, Zucker partnered with Toll Brothers to build a 185-home 55-and-over community. At BRIC, tenants can take advantage of a dozen art galleries, some of which show the work of building tenants. A lobby area near offices at Bell Works Chicagoland.
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