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TOKYO (AP) — Asian shares were trading mixed Tuesday following a Big Tech rally on Wall Street, as investors awaited an update on U.S. consumer prices set for later in the week. The Federal Reserve is weighing whether to keep raising interest rates steady in its effort to get inflation back to 2%. Monday on Wall Street, the S&P 500 rose 0.7% to 4,487.46, coming off its first losing week in the last three. How Apple performs has great consequence for the market because it's the most valuable stock on Wall Street. In energy trading, benchmark U.S. crude gained 32 cents to $87.61 a barrel in electronic trading on the New York Mercantile Exchange.

Persons: Australia's, Hang Seng, ” Anderson Alves, ActivTrades, Tesla, Apple, RTX, Smucker, Daniel Zhang Organizations: TOKYO, Big Tech, Nikkei, Federal, Fed, Federal Reserve, CME Group, Dow Jones Industrial, Nasdaq, Amazon, Communications, Walt Disney Co, ESPN, Disney, Apple, Qualcomm, . Aerospace, Pratt & Whitney, Hostess Brands, New York Mercantile Exchange, Brent, U.S Locations: Hong, Shanghai, U.S, Folgers, Smucker’s, United States

☆ Smucker’s Twinkie Deal Is an Indulgence
▼ + stars: | 2023-09-11 | by ( Aaron Back | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ J.M. Smucker is buying Twinkies maker Hostess for $5.6 billion
▼ + stars: | 2023-09-11 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Hostess, the maker of Twinkies and Ho Hos, is being purchased by J.M. Hostess stockholders will get $30 in cash along with .03002 shares of Smucker’s stock for each Hostess share they own, with the deal expected to close in 2024. Hostess was founded in 1919 and started making Twinkies in 1930. It filed for bankruptcy in January 2012, and stopped making its products, including Twinkies, in November of that year during a strike by Bakery Workers union. The firms of Apollo Global Management and C. Dean Metropoulos & Co. returned Twinkies to store shelves in July 2013 after acquiring the asset from Hostess.

Persons: “, Andy Callahan, Ding Dongs, Smucker, Dean Metropoulos Organizations: New, New York CNN, J.M, ”, Bakery Workers, Apollo Global Management, Co, Hostess Locations: New York, Ho

☆ Five Stand-Up Specials for the Long Holiday Weekend
▼ + stars: | 2023-05-26 | by ( Jason Zinoman | ) www.nytimes.com time to read: +2 min

Lewis Black, ‘Tragically, I Need You’(YouTube)If a stand-up can tap into or channel the fury of an audience, he can light up a room. Lewis Black’s great gift is that behind that dyspeptic front, you could detect a thoughtful, introspective side, a little damaged perhaps. He shows us more of that vulnerable side here, in part because the isolation of the pandemic put him in a reflective mood. Along with swinging sharp political elbows, in defense of Dr. Anthony S. Fauci, say, Black beats himself up over past relationships and sings the praises of companionship. He talks about his failed career as a playwright, bringing up theater because “I like to feel the interest of the audience leave the room.”

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