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Over 1.5 billion Marshmallow Peeps are consumed every Easter holiday. Marshmallow Easter Peeps. In April 2023, BI reported that a consumer group was warning the public about the presence of red dye No. Just Born told BI at the time that they comply with FDA regulations and that their packaging and websites help customers make informed decisions. In October 2023, the Los Angeles Times reported that two colors of Peeps will contain red dye No.
Persons: LI Cook, Shutterstock Organizations: Business, FDA, Los Angeles Times Locations: Bethlehem , Pennsylvania, California
Check out the companies making the biggest moves midday. Estée Lauder — Shares jumped 6.28% after Bank of America upgraded them to buy from neutral. AMC Entertainment — Shares dropped 14.29% after the movie theater chain said in a filing it will sell $250 million worth of stock. Verint Systems — Shares added 6.63% after the customer engagement solutions provider surpassed fourth-quarter earnings per share and revenue expectations. Braze anticipates a loss of 10 cents to 11 cents per share for its first quarter, versus a 5 cents loss expected from analysts polled by FactSet.
Persons: Estée Lauder —, Steve Ladd Huffman, Jennifer Wong, Chemours, Sridhar Ramaswamy, FactSet, Synnex, TD Synnex, MillerKnoll, Braze, , Alex Harring, Hakyung Kim, Pia Singh, Jason Kempin Organizations: Bank of America, New York Stock Exchange, AMC, Verint Systems, Apollo Global Management, FactSet, Allstate, HSBC, Getty
Walgreens Boots Alliance — Shares dipped 1.6% after the company's fiscal second quarter report was released. Walgreens generated $37.05 billion in revenue for the quarter, topping the LSEG forecast of $35.86 billon. Estee Lauder — Shares rose more than 3% after a Bank of America upgrade to buy from neutral. Management is guiding for full-year revenue growth to fall between 8% to 10%, while analysts polled by FactSet had forecasted 6.4%. Vornado Realty Trust — Shares gained 1.2% after Morgan Stanley upgraded the office building REIT to equal weight from underweight.
Persons: Estee Lauder, Vikram Gandhi, RH, FactSet, Morgan Stanley, Vornado, , Jesse Pound, Sarah Min, Michelle Fox Organizations: Walgreens, Bank of America, Allstate, HSBC, Management, Apollo Global Management, Securities and Exchange Commission, U.S, Attorney's, Vornado Realty Locations: New York, West Coast
The oversupply of Chinese goods in key industries is stoking tensions between the world’s biggest manufacturer and its major trading partners, including the United States and the European Union. From clothes to carsChina’s exports of low-priced goods got a boost after it joined the World Trade Organization (WTO) in 2001. “What China exports is advanced production capacity that meets the needs of foreign customers,” Xinhua News Agency wrote. US President Joe Biden recently pledged to investigate whether imports of Chinese vehicles pose a national security threat. “But perhaps more importantly, persistent oversupply and low prices of Chinese goods will add to geopolitical tensions and keep the threat of tariffs and counter-tariffs alive,” she wrote in a recent note.
Persons: Hong Kong CNN —, ” Jens Eskelund, Xi Jinping, Huang Jingwen, ” Eskelund, Brad W, ” Markus W, Voigt, China’s BYD, Warren Buffett, Setser, Li Qiang, , , Joe Biden, Jennifer McKeown, Shawn Deng Organizations: Hong Kong CNN, European Union, European Union Chamber of Commerce, Zero, of, People, China’s National Bureau of Statistics, Council, Foreign Relations, World Trade Organization, Aream Group, Tesla, Getty, China Development Forum, Xinhua, Agency, ., EV, European Commission, WTO, Capital Economics Locations: Hong Kong, United States, China, Europe, Beijing, Xinhua, China's Shandong, . Washington, Brussels
Ahead of Wednesday's Monthly Meeting, here's a look at the best-performing Club stocks since Feb. 23, the session before the annual gathering, through Tuesday's close. NVDA mountain 2024-02-23 Nvidia's stock performance since the close of Feb. 23, 2024. DIS mountain 2024-02-23 Disney's stock performance since the close of Feb. 23, 2024. ETN mountain 2024-02-23 Eaton Corp.'s stock performance since the close of Feb. 23, 2024. STZ mountain 2024-02-23 Constellation Brands' stock performance since the close of Feb. 23, 2024.
Persons: Bob Iger, Nelson Peltz's Trian, Peltz, Eaton, it's, didn't, Wedbush, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Lam, Fei Organizations: Nvidia, Blackwell, Apple's, Disney, Club, ESPN, Nelson Peltz's Trian Partners, Eaton Corp, Street, Federal Aviation Administration, Boeing, Wall Street, Constellation Brands, Nielsen, Wedbush Securities, Wine, DuPont, Barclays, CNBC, Nvidia Corp, Bloomberg, Getty Locations: U.S, Tuesday's, STZ, Taipei, Taiwan
I've deleted social media apps from my phone, but was still hooked to my email app. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But as a self-employed writer, there's one app that's haunted me far more than social media: my email app. It had never occurred to me: you could just... delete your email app? My email app had become a facade of busyness and efficiency.
Persons: , TikTok, hadn't, I'd, I've Organizations: Service
Norfolk Southern CEO Alan Shaw denounced Ancora Holdings, the activist investor currently engaged in a proxy fight with the railroad company's board, during an interview with CNBC's Jim Cramer on Wednesday. "We've gone to the activist, and we've offered a settlement — their responses have been unreasonable at the determination of our board," he said. Norfolk Southern faced criticism over the past year after one of its freight trains derailed in East Palestine, Ohio in February 2023 and released toxic chemicals into the soil, water and air. Based in Cleveland, Ohio, 90 minutes from East Palestine, Ancora challenged Norfolk Southern in February, aiming to add eight directors to the board and oust Shaw as CEO. "We enhanced safety, we're making it right in East Palestine," Shaw said.
Persons: Alan Shaw, Ancora, CNBC's Jim Cramer, We've, we've, Shaw, he's Organizations: Norfolk Southern, Ancora Holdings, Norfolk, Regulators Locations: East Palestine , Ohio, Cleveland , Ohio, East Palestine, Norfolk
The collision of three Norfolk Southern trains in Pennsylvania early this month highlights the shortcomings of the automated braking system that was created to prevent such crashes. Not only was the system incapable of stopping the second train before it smashed into the back of a stopped train, but it also couldn't stop the third train. Congress required railroads to develop the positive train control system after a deadly 2008 collision between a Metrolink commuter train and a Union Pacific freight train in Chatsworth, California. Norfolk Southern's safety practices have been in the spotlight since one of its trains derailed in East Palestine, Ohio, in February 2023. The report also didn't say whether there were any curves or hills that made it hard for the crew to see the stopped train.
Persons: Chris Barkan, Keith Holloway Organizations: Norfolk Southern, National Transportation Safety, “ PTC, Union Pacific, Metrolink, NTSB, Rail Transportation, Engineering Center, University of Illinois Locations: Pennsylvania, Chatsworth , California, Lower Saucon Township, Lehigh, Atlanta, Norfolk, East Palestine , Ohio, Urbana, Champaign
India's national flag flaps next to the 'National Emblem' at the newly constructed Indian parliament building after the flag hoisting ceremony in New Delhi on Sept.17, 2023. India's inflation and economic growth are at risk from the rise in oil prices caused by disruptions in the Red Sea, the government said on Friday, highlighting the need to diversify trade routes. A combination of high freight costs, insurance premiums and long transit times can make imported goods "significantly more expensive", India's finance ministry said in its monthly economic review. India's shipments of agricultural commodities, textiles, chemicals, capital goods, marine and petroleum products may be impacted due to the disruptions, and affect the price competitiveness of exports. "To effectively address these challenges, there may be a need to diversify trade routes and transportation options," the finance ministry said.
Persons: Yemen's Locations: New Delhi, Red, Europe, Suez, Africa
Poop bags?… Check. Most people who attempt to climb the 8,849-meter (29,032-foot) Mount Everest do so via Nepal, paying $11,000 apiece just for the climbing permit. But the world’s highest peak has a poop problem, driven by the number of visitors, and the harsh conditions on the mountain, which interfere with the degradation process. Twelve climbers were confirmed to have died on the mountain, while another five remain officially missing. Jinesh Sindurakar of the Nepal Mountaineering Association told CNN that an estimated 1,200 people will be on Everest this season.
Persons: Pemba Dorje, Diwas Pokhrel, Jinesh, ” Sindurakar, Sindurakar, CNN’s Lilit Marcus Organizations: CNN, Mountaineers, Getty, Everest Summiteers Association, Nepal Mountaineering Association, Nepali Army, Himalayan Times Locations: Everest, Nepal, Pemba, Pemba Dorje Sherpa, AFP, Rural, Annapurna
The Biden administration plans to spend up to $6 billion on new technologies to cut carbon dioxide emissions from heavy industries like steel, cement, chemicals and aluminum, which are all enormous contributors to global warming but which have so far been incredibly difficult to clean up. Energy Secretary Jennifer Granholm said Monday that her agency would partially fund 33 different projects in 20 states to test methods for curbing emissions from a wide variety of factories and industrial plants, calling it “the single largest industrial decarbonization investment in American history.”Constellium, an aluminum producer, would receive up to $75 million to build a first-of-a-kind aluminum casting plant in Ravenswood, W.Va., that can run on cleaner burning hydrogen fuels rather than natural gas. Kraft Heinz, a food manufacturer, would get up to $170.9 million to install electric boilers and heat pumps at 10 facilities across the country, where they would be used to generate the large amounts of heat needed for things like drying macaroni without directly burning fossil fuels.
Persons: Jennifer Granholm, , Kraft Heinz Organizations: Biden, Energy Locations: Ravenswood, W.Va
Last week, Nvidia announced deals with Johnson & Johnson for use of generative AI in surgery, and with GE Healthcare to improve medical imaging. "Health care, whether it's biotechnology, chemicals, or drug discovery is a very powerful area." About 41 percent of biotech CEOs surveyed by EY in late 2023 said they were looking at "concrete" ways generative AI could be used for their companies. "This is very high for my experience, having been 30 years in this industry," Ural said. It also partnered in 2021 with Schrödinger for drug discovery.
Persons: Johnson, Raj Joshi, It's, EY, it's, Colette Kress, Roche's Genentech Organizations: Nvidia, Johnson, GE Healthcare, Companies, NVIDIA, NVIDIA BioNeMo Locations: Arda, Americas, Ural, NVIDIA Clara
I deleted social media appsI decided I'd had enough, and so I started deleting the apps. I had to do this with each, replacing every social media app with one that would at least give me something worthwhile to read or do. AdvertisementGrowing up as Gen Z in the era of social media has made leaving it behind tough. Though social media addictions aren't considered the same as serious addictions such as drugs or alcohol, they change the balance of chemicals in your brain in the same way. I don't miss social media, and I have absolutely no plans to go back.
Persons: , I'd, I've, Z, aren't, it's Organizations: Service, Facebook, Business
"What we see right now is the unfolding of a slow-motion train accident," he told reporters at a briefing last week. "That's when trade becomes a security question and I think that is perhaps not fully appreciated in China just yet." There needs to be an honest conversation between Europe and China about what this is going to mean. The EU was China's largest regional trading partner until Southeast Asia recently surpassed it. The U.S. is China's largest trading partner on a single-country basis.
Persons: Jens Eskelund, Eskelund, I've, Markus Herrmann Chen Organizations: Future Publishing, Getty, European Union Chamber of Commerce, EU, of Commerce, Investment, China Macro Locations: Hefei, Anhui province, BEIJING, Europe, Beijing, China, Southeast Asia, U.S
The "next big thing" in tech will come from sectors such as enabling tech — which includes artificial intelligence and cybersecurity — as well as healthtech, greentech and fintech, UBS said. Here are some names from UBS' list and what it says about each stock. "The medical surgical and neurological business has also returned to strong growth as the pandemic impact fades," the bank said. Broadcom : UBS says that Broadcom boasts a "market-leading" position in semiconductor design. Its greentech picks include French industrial gases and services company Air Liquide , French utility firm Engie , and German chemicals firm Wacker Chemie .
Persons: , Stryker, ASML, — CNBC's Michael Bloom Organizations: UBS, fintech, Baidu, ASML, Broadcom, 5G, Intercontinental Exchange, Mastercard, Air, Wacker Chemie Locations: Wacker
But a Canadian research group said the planet is likely too hot for liquid water. Related storiesA liquid ocean is the preferred premise set out in a paper published in the journal Astronomy & Astrophysics. NASA, ESA, CSA, STScI, Tea Temim (Princeton University)The James Webb telescope has played a key role in advancing the search for habitable planets beyond Earth. AdvertisementOne key that scientists look for in a potentially habitable planet is the presence of liquid water. Planets in this zone are neither too hot nor too cold to support liquid water.
Persons: NASA's James Webb, , Nikku, Madhusudhan, Björn Benneke, Temim, James Webb Organizations: Guardian, Service, University of Cambridge, NASA, Astrophysics, Cambridge, NASA's James Webb Space Telescope, ESA, CSA, Princeton University Locations: TOI
A pediatrician says there are five kinds of products you shouldn't buy and shares advice on finding safe, affordable alternatives. Advertisement"If you're buying, you have to understand you're not getting all the safety and quality that you can get from other retailers," Shapiro said. StrollersLike cribs, strollers are subject to recall in the US, as well as safety regulations. When you're buying from a reputable retailer that's subject to US regulations, more expensive doesn't necessarily mean safer, he noted. "Because it's cheaper doesn't mean that it's better, or worse," as long as it meets safety regulations, Shapiro said.
Persons: , Ilan Shapiro, Shapiro, it's, haven't Organizations: Service, AltaMed Health Services, Consumer Product Safety, Seattle Children's Hospital, Juvenile Products Manufacturers Association Locations: China, headrests, Seattle
After treatment with targeted deep brain stimulation, she hopes to walk out soon and, for the first time in her adult life, live independently, in her own apartment. Doctors used a tube that led into her stomach through her nose to give her food and gave her fluids intravenously. Deep brain stimulation for severe obsessive-compulsive disorder helped Julia Hum earn her high-school equivalency certificate last year. Refining deep brain stimulationHum had a deep brain stimulator implanted in 2021. Deep brain stimulation can be life-changing, but it doesn’t work equally well for everyone, and researchers say they’re getting closer to understanding why.
Persons: Julia Hum, Hum, , Doctors, it’s, ” Hum, Andreas Horn, “ I’ll, I’ll, Darin Dougherty, didn’t, they’re, ” Horn, Sameer Sheth, , Sheth, Dougherty, “ It’s, she’s, Dr, Sanjay Gupta, “ Hope Organizations: CNN, General Hospital, Doctors, Mass General Research Institute, Baylor College of Medicine, CNN Health Locations: Massachusetts, Houston
CNN —Astronomers using the James Webb Space Telescope have detected commonplace chemical ingredients found in vinegar, ant stings and even margaritas around two young stars, according to NASA. The complex organic molecules they observed using the space observatory’s Mid-Infrared Instrument included acetic acid, a component of vinegar, and ethanol — otherwise known as alcohol. The team also found simple molecules of formic acid, which causes the burning sensation associated with ant stings, as well as sulfur dioxide, methane and formaldehyde. Stars form from swirling clouds of gas and dust, and the leftover material from star formation gives rise to planets. Detecting complex organic molecules in space is helping astronomers to determine the molecules’ origins as well as those of other larger cosmic molecules.
Persons: James Webb, Carl Sagan, , Webb, detections, , Will Rocha, Young, Ewine van Dishoeck, Harold Linnartz, Linnartz, “ Harold, ” van Dishoeck Organizations: CNN —, NASA, ESA, Hustak, Leiden University, Astrophysics, Leiden Laboratory Locations: astrochemistry, Netherlands, ices
And with new plastic chemicals entering the market all the time, it’s been difficult for regulators and policy makers to determine the scope of the problem. Now, for the first time, researchers have pulled together scientific and regulatory data to develop a database of all known chemicals used in plastic production. It’s a staggering number: 16,000 plastic chemicals, with at least 4,200 of those considered to be “highly hazardous” to human health and the environment, according to the authors. Although grouping would capture about 1,000 of the most toxic chemicals in plastics, Wagner said, that still leaves about 2,600 chemicals that still need to be regulated. Missing hazard dataIn addition to the massive number of toxic chemicals, the report found that detailed hazard information is missing for more than 10,000 of the 16,000 chemicals.
Persons: it’s, It’s, , , Martin Wagner, Wagner, Philip Landrigan, Landrigan, Matt Seaholm, ” Kimberly Wise White, ” Wagner, ” Landrigan, Tasha Stoiber, Stoiber, Jane Houlihan Organizations: CNN, Norwegian University of Science, Technology, Program, Global Public Health, Global, Planetary Health, Boston College, – Monaco, Plastics, Human, Plastics Industry Association, American Chemistry Council, International, United Nations Environment, Global Plastics, Environmental, Healthy Locations: Trondheim, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe want to double our revenue in the next three years, India-based zinc oxide manufacturer saysAnuj Jhunjhunwala of JG Chemicals reveals the company's plans to expand into new geographies and expects them to contribute 20% to revenues in the next three years.
Persons: Anuj Organizations: Chemicals Locations: India
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe experienced softening demand in the second half of 2023, Solvay CEO saysSolvay CEO Philippe Kehren discusses full-year earnings and demand in the chemicals industry.
Persons: Philippe Kehren Organizations: Solvay
AdvertisementShipments of the nicotine pouches in the US in 2023 were up 62% year-over-year. Zyn pouches have found favor with everyone from high-powered Wall Street traders to Tucker Carlson and GOP lawmakers. But after not using nicotine for a while, he wasn't prepared for the hit he got when he popped a 6 mg pouch of Zyn. AdvertisementPalmer sees using Zyn as an important part of his ritual around essential work. "If I could go back and never start using nicotine, I would."
Persons: Clay Coomer, Coomer, Coomer isn't, , Clay, Zyn, Philip Morris, Tucker Carlson, Raymond Niaura, Niaura, there's, Nate Palmer, wasn't, Palmer, he's, it's, I've, Chandler, I'm, Sam Dashiell, Dashiell, JUULs Organizations: Service, Business, Philip Morris International, Swedish, GOP, New York University, FDA, Labs
Tokyo CNN —A city in Japan is on high alert for a cat that fell into a tank of hazardous chemicals before disappearing into the night. A trail of pawprints discovered by a worker on Monday led to a 3-meter-deep vat of hexavalent chromium, a cancer-causing chemical that can induce rashes and inflammation if touched or inhaled, officials said. Akihiro Kobayashi, manager of the Nomura Mekki Fukuyama factory, said a sheet covering the chemical vat was found partially torn when employees returned to work after the weekend. Hexavalent chromium, or Chromium-6, is perhaps best known as the carcinogenic chemical featured in the 2000 movie “Erin Brockovich,” starring Julia Roberts. “Workers may be harmed from exposure to hexavalent chromium,” the CDC says on its website.
Persons: Akihiro Kobayashi, Nomura Mekki Fukuyama, Kobayashi, Erin Brockovich, , Julia Roberts Organizations: Tokyo CNN, Fukuyama City, Nomura Mekki, Workers, Factory, US Centers for Disease Control, Prevention, “ Workers Locations: Japan, Fukuyama , Hiroshima prefecture, Fukuyama, California
The lines between climate tech and infrastructure startups have become increasingly blurred. Investments in infrastructure startups over time. Permitting remains a massive roadblock for climate projects and modularity can be one way to "get around some of those hurdles," added Ben Wolkon, partner at MUUS Climate Partners. Modular tech can also be distributed and containerized, with some startups hoping to roll out with partners on-site. It's not just industrial startups that are going modular and distributed — it encompasses carbon capture, water filtration, food systems, and energy, said Regeneration.VC's Hoffman.
Persons: Katie Hoffman, Mike Schroepfer, Seonghoon Woo, Tim Boeltken, Sierra Peterson, Ben Wolkon, It's, Regeneration.VC's Hoffman Organizations: Business, Venture, Investments, Facebook, Gigascale, MUUS Climate Partners Locations: Paris, New York
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