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TikTok was the top downloaded app in the United States in 2021 and 2022, according to data from analytics firm Sensor Tower. And legacy news organizations like the 176-year-old Associated Press have recently joined TikTok to reach new audiences. Goodwin told CNN that more than 90% of her orders currently come from people who discover her business through TikTok. “If it were to get banned, I would see business plummeting,” Goodwin told CNN. (Laurie Gomez)At a time when major tech giants including Meta and Twitter are slashing staff, TikTok is still hiring American engineers.

☆ Mars Wrigley fined after two workers fell into a vat of chocolate in workplace safety incident
▼ + stars: | 2023-02-12 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

OSHA has handed Mars Wrigley a five-figure fine for a June incident at a Pennsylvania confectionary factory. Officials say two workers fell into a tank of chocolate while doing maintenance work. The pair had to be rescued by emergency responders and taken to a hospital, reports say. OSHA is holding Mars Wrigley responsible for the incident, the Associated Press reported. A Mars Wrigley representative told reporter that employee safety "is a top priority for our business."

☆ UBS: Buy this global confectionary stock which is poised to rise 36% from here
▼ + stars: | 2022-12-16 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

It's time to snap up shares of Swiss chocolate maker Barry Callebaut despite a slowdown in the global confectionery market, according to UBS. The Swiss investment bank has a buy rating on the stock and raised its 12-month price target to 2,500 Swiss francs ($2,692). UBS is not the only investment bank expecting this stock to rise. The median price target of 7 analysts, not including UBS, gives the stock a 23.4% upside from its current share price. Barry Callebaut is accessible to U.S. investors through its ADR ticker BRRLY.

☆ TikTok might be too big to ban, no matter what lawmakers say
▼ + stars: | 2022-12-16 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +11 min

“I would lose most of my sales.”For much of the past two years, talk of an outright TikTok ban seemed to recede. But suddenly, the future of TikTok in the United States appears more uncertain than at any point since July 2020. Two years later, she said a TikTok ban would cause her to "lose most of my sales." The tremendous reach of TikTok may only make it harder to ban the service outright, some national security experts say. Hootie Hurley, 23, a Los Angeles-based full-time creator with more than 1.3 million followers on TikTok, told CNN that he now makes most of his income through his TikTok following.

In Germany, the HDE retail association is forecasting the strongest slump in Christmas sales since 2007, with retail sales in the crucial November-December period seen dropping by 4% year on year on a price-adjusted basis. In the United Kingdom, a raft of surveys indicate half or more Britons plan to spend less this Christmas. Should September's sharp drop in retail sales be repeated in December, it would be the worst outcome since comparable annual records began in 1989. Official data showed UK retail sales volumes, excluding fuel, dropped 6.2% year on year in September. Another association Acotex expects retailers to offer slight discounts during the holiday season as consumer demand slows.

☆ The kick comes at the end - world's hottest chili flavours French chocolates
▼ + stars: | 2022-10-28 | by ( Lucien Libert | ) www.reuters.com time to read: +2 min

[1/2] French chocolatier Damien Vidal poses with chocolates flavoured with Carolina Reaper chilli pepper at the Paris Chocolate fair in Paris, France, October 28, 2022. REUTERS/Lucien LibertPARIS, Oct 28 (Reuters) - It is hard to come up with something new at Paris' annual chocolate fair, but French chocolatier Damien Vidal found a way to put a mouth-tingling twist on his confectionary: incorporating the world's hottest chili. Two Japanese tourists and other visitors at the chocolate fair gamely tried the shiny chocolate-chili balls and nobody spat them out. "Mmm, it is both sweetie and spicy, not too spicy, the spicy taste is mild," said Japanese student Hitomi Ebitani. French fair visitor Justine Bonneau agreed.

☆ Japan Sept consumer inflation seen at 8-year high, above BOJ's target for 6th month: Reuters poll
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +2 min

The forecast strongly suggested that core CPI would stay above the central bank's 2% inflation target for a sixth consecutive month. Governor Haruhiko Kuroda has repeatedly vowed to keep the BOJ's stimulus effort intact, because any cost-push rise in inflation would be temporary. It would be the 14th straight month of deficits and follow a record 2.817 trillion yen shortfall in August. Imports by value likely surged 45.0% in September from a year earlier, outpacing a 27.1% rise in exports, the poll showed. The government will release the consumer price data on Oct. 21 at 8:30 a.m. (Oct. 20, 2330 GMT) and the trade balance data on Oct. 20 at 8:50 a.m. (Oct. 19, 2350 GMT).

☆ Credit Suisse says buy stocks with this characteristic popularized by Warren Buffett
▼ + stars: | 2022-09-23 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with "economic moats" could help investors shield their portfolios from increasing economic uncertainty. Credit Suisse identified bottom-up opportunities in companies that have high barriers to entry, just as macro risks rise. Credit Suisse has a $250 price target on the company, implying 11.9% upside from Wednesday's closing price of $223.41 per share. McDonald's is "well positioned" to perform regardless of the macro backdrop because of its leading value proposition, according to Credit Suisse.

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