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Earl Tupper, a plastics manufacturer in Leominster, Massachusetts, developed lightweight, non-breakable polyethylene containers inspired by the seal-tight design of paint cans and began selling them to the public in 1946. He called his product Tupperware. Shares of Tupperware Brands Corporation closed today at 2.18, a gain of 0.15 (7.65%).
Tupperware picks Spanx veteran Laurie Ann Goldman as new CEO
https://www.cnn.com/2023/10/17/busin...ceo/index.html
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The federal Combat Methamphetamine Epidemic Act, enacted in March 2006, restricts the sale of ephedrine, pseudoephedrine and phenylpropanolamine because the chemicals can be used in the illicit manufacture of methamphetamine. Phenylephrine replaced pseudoephedrine in many non-prescription cold and allergy medicines – and we now know it doesn't work. Shares of CVS closed yesterday at 69.05, a drop of.1.56 (2.21%).
CVS is yanking popular decongestants from its shelves after the FDA said they don't work
Last month an FDA panel said phenylephrine, the active ingredient in Sudafed PE, Allegra, DayQuil and other drugs, has no effect.
https://www.insider.com/cvs-pulls-ph...t-work-2023-10
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Leon Hess founded the Hess Oil & Chemical Corporation in 1933 in Asbury Park, New Jersey. The company merged with Amerada Petroleum Corporation in 1968. Shares of Hess closed today at 161.30, a drop of 1.72 (1.06%).
Chevron to buy Hess Corporation for $53 billion in all-stock deal
https://www.reuters.com/markets/deal...ck-2023-10-23/
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Hershey's milk chocolate bars contain sugar, milk, chocolate, cocoa, butter, milk fat, lecithin, lead and cadmium. Of course the latter two ingredients are not listed on the label. Shares of Hershey closed today at 194.47, a gain of 4.22 (2.22%).
Many chocolate products contain worrying levels of lead or other heavy metals, Consumer Reports says
https://www.cbsnews.com/news/chocola...ports-hershey/
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Large doses of caffeine can cause headaches, chest pain, nausea, insomnia, an increased heart rate – and sometimes even death. Panera Bread is owned by JAB Holding Company, a German conglomerate which also owns Coty, Krispy Kreme, Caribou Coffee, Einstein Bagels and other brands.
Panera now displaying warning about its caffeinated lemonade in all stores after lawsuit over customer's death
Sarah Katz, 21, had a heart condition and died hours after she drank Panera’s Charged Lemonade, a large cup of which contains more caffeine than Red Bull and Monster energy drinks combined.
https://www.nbcnews.com/news/us-news...eat-rcna122628
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Will the increased labor costs lead to higher prices for vehicles made by GM, Ford and Stellantis, the "Big Three"? Perhaps not. UAW President Shawn Fain says labor accounts for only a fraction of the Big Three’s total costs: "They could double our wages and not raise car prices and still make billions of dollars in profit."
General Motors reaches tentative agreement with UAW
The Associated Press, Oct 30 2023 10:04 AM EDT
General Motors and the United Auto Workers union have reached a tentative contract agreement that could end a six-week-old strike against Detroit automakers. The deal follows the pattern set with Ford last week and Jeep maker Stellantis over the weekend. The deals will last four years and eight months and include 25% general pay raises and cost-of-living adjustments.
https://www.huffpost.com/entry/us-au...b032ae1c9be1e8
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As the old expression says, "The rich get richer and the poor get poorer." Shares of Morgan Stanley closed today at 70.82, a gain of 0.23 (0.33%).
Morgan Stanley gave a $20 million bonus to its incoming CEO and to the two rival executives who missed out on the top job
https://www.businessinsider.com/morg...kowitz-2023-10
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Ingredients: boneless, skinless chicken breasts with rib meat, water, whole wheat flour, corn starch, dried garlic, dried onion.....and small pieces of metal. Yum! Shares of Tyson are now at 47.06.
Tyson recalls 30,000 pounds of chicken nuggets
https://www.cnn.com/2023/11/05/econo...ets/index.html
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Siblings Joe Zeiden, Mike Zeiden, and Carole Malfatti founded Z Gallerie in 1979 in Sherman Oaks, California. The shop initially sold posters. In 1982, they began selling home furnishings and opening more locations. At its peak in 2009, the chain had 54 stores.
California-based home goods retailer closing all stores nationwide
KTLA, Nov 9, 2023 10:37 AM PST
Z Gallerie, a Los Angeles-based furniture and home goods retailer, has announced that it is closing all its brick-and-mortar stores nationwide. Its products will continue to be sold online. Z Gallerie has 21 locations in nine states, including five in California. On October 16, it filed for Chapter 11 bankruptcy protection for a third time.
https://ktla.com/news/local-news/cal...ng-all-stores/
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Humane, a San Francisco-based artificial intelligence company, was founded in 2018 by former Apple designers Imran Chaudhri and Bethany Bongiorno. Humane has more than 200 employees and has raised more than $200,000,000 from investors – and on November 16 the company will begin taking orders for a device that nobody needs.
Humane's AI Pin probably can't replace your phone
The $699 AI-powered device is very cool but using its voice-powered functions in public is anti-social.
https://www.businessinsider.com/huma...tphone-2023-11