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PepsiCo to Cut Prices and Products Following Activist Investor Deal

PepsiCo to Cut Prices and Products Following Activist Investor Deal

PepsiCo to Cut Prices and Products Following Activist Investor Deal
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PepsiCo looking to review supply chain amid talks with Elliott Management, Bloomberg News reports

PepsiCo looking to review supply chain amid talks with Elliott Management, Bloomberg News reports

Dec 8 (Reuters) - Beverages giant PepsiCo is planning to review its North American supply chain as it engages with activist investor Elliott Management, Bloomberg News reported on Monday citing people familiar with the matter.
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EU Commission clears Mars' $36 billion Kellanova deal

EU Commission clears Mars' $36 billion Kellanova deal

By Louise Rasmussen and Jessica DiNapoli BRUSSELS/NEW YORK, Dec 8 (Reuters) - The European Commission has approved Mars' $36 billion bid to acquire Pringles maker Kellanova, it said on Monday, after opening a full-scale investigation into the takeover in June, citing concerns over higher prices.
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MH Relaunches as Avencera to Capitalize on AI Services Demand

MH Relaunches as Avencera to Capitalize on AI Services Demand

MH Relaunches as Avencera to Capitalize on AI Services Demand
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KeyCorp CEO doubles down on share buybacks, rules out acquisitions

KeyCorp CEO doubles down on share buybacks, rules out acquisitions

By Manya Saini Dec 9 (Reuters) - U.S. regional lender KeyCorp is not looking to pursue acquisitions despite consolidation in the industry and will use its excess capital for share buybacks, CEO Chris Gorman said on Tuesday.
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A-Frame Cabin in Upstate New York Becomes Viral Airbnb Success, Generating Significant Revenue

A-Frame Cabin in Upstate New York Becomes Viral Airbnb Success, Generating Significant Revenue

A-Frame Cabin in Upstate New York Becomes Viral Airbnb Success, Generating Significant Revenue
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Gonzalo Schwarz Advocates for More Billionaires to Fuel American Dream

Gonzalo Schwarz Advocates for More Billionaires to Fuel American Dream

Gonzalo Schwarz Advocates for More Billionaires to Fuel American Dream
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Ray-Ban Meta glasses take off but face privacy and competition test

Ray-Ban Meta glasses take off but face privacy and competition test

By Elisa Anzolin and Gianluca Lo Nostro MILAN, Dec 9 (Reuters) - EssilorLuxottica is betting big on smart eyewear and the gamble is about to be tested.
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ICSC New York Convention Highlights High Demand and Limited Availability in Retail Space

ICSC New York Convention Highlights High Demand and Limited Availability in Retail Space

ICSC New York Convention Highlights High Demand and Limited Availability in Retail Space
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President Trump to Sign Executive Order Blocking State AI Laws Amid Bipartisan Pushback

President Trump to Sign Executive Order Blocking State AI Laws Amid Bipartisan Pushback

President Trump announced plans to sign an executive order that would prevent states from enacting their own AI regulations. This move comes after a failed attempt in the Senate to preempt state AI laws through a defense budget bill. The executive order aims to establish a unified national framework for AI regulation, arguing that state-level laws could create a fragmented regulatory environment that stifles innovation. Silicon Valley leaders, including OpenAI President Greg Brockman and AI czar David Sacks, support the order, citing the need for a consistent regulatory approach to maintain the U.S.'s competitive edge against China in AI development. The order would also establish an AI Litigation Task Force to challenge state laws and direct federal agencies to evaluate and potentially override state regulations.
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Treasury Secretary Bessent Completes Divestment of Soybean Farm Amid Ethics Concerns

Treasury Secretary Bessent Completes Divestment of Soybean Farm Amid Ethics Concerns

U.S. Treasury Secretary Scott Bessent has announced the divestment of his interests in a soybean farm, fulfilling a requirement of the ethics agreement he signed upon joining the administration. This action comes after the U.S. Office of Government Ethics informed the Senate Finance Committee that Bessent had not fully complied with the agreement, which was designed to prevent conflicts of interest. The divestment was completed nearly eight months after the original deadline, with Bessent citing the illiquid nature of the assets as a reason for the delay. The New York Times reported that Bessent's holdings included up to $25 million in farmland, generating significant rental income.
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Jets open as Week 15 underdogs vs Jaguars

Jets open as Week 15 underdogs vs Jaguars

The Jets try to get their second road win of the season when they face the Jaguars next Sunday