Nestle Announces Sale Of Its U.S. Candy Business

Nestle Announces Sale Of Its U.S. Candy Business

Nestle has long been one of the biggest names in the candy industry in the United States, but that’s about to change. According to USA Today, the company is preparing to sell its U.S. confectionery business to the Italian chocolate and candy conglomerate Ferrero...
Buyout Firm KKR Purchases $8 Billion Worth of Margarine

Buyout Firm KKR Purchases $8 Billion Worth of Margarine

KKR co-CEOs Henry Kravis and George Roberts are the proud new owners of three popular margarine brands: Country Crock, I Can’t Believe It’s Not Butter, and Imperial. The global investment firm they co-founded recently purchased Unilever’s margarine and spreads...
American Oil Production Is Approaching All-Time Record Levels

American Oil Production Is Approaching All-Time Record Levels

Last year I suggested that the U.S. may be on the cusp of a new oil boom. Now it seems that boom is becoming a reality. The new year is only now beginning, but the good times are already rolling for the oil industry in the United States. According to The Washington...
A Big Breakout Is Coming Soon For Autonomous Cars

A Big Breakout Is Coming Soon For Autonomous Cars

For just about everyone today, the idea of self-driving or “autonomous” cars is still just a niche curiosity. Maybe they’ve heard about the concept from their friends or read about it in tech blogs, but they could never imagine driving such a vehicle...
Taco Bell to Start Serving French Fries

Taco Bell to Start Serving French Fries

Taco Bell, the “Mexican” fast food restaurant, is breaking into the fry business. Beginning January 25, 2018, Taco Bell will be selling nacho fries at a limited number of locations, all for $1. This is part of Taco Bell’s bid to become the king of the...
Why Are Tech Unicorns Delaying Their IPOs?

Why Are Tech Unicorns Delaying Their IPOs?

2017 was not an excellent year for tech company IPOs. Snap, for example, had a quick run-up from its IPO price of $17 a share to almost $30, but its share price plummeted almost as fast as it rose. The company’s stock price has yet to rebound to its IPO value. A...
Is the BlackBerry Turnaround Complete?

Is the BlackBerry Turnaround Complete?

At one time, Blackberry owned the smartphone market. There was nowhere you could go without seeing someone with their “CrackBerry” typing away on their QWERTY keyboard while the rest of us labored to create short text messages on our regular old phones. But then the...
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