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New York CNN — PepsiCo is buying Poppi, the popular prebiotic soda brand, in a $1.65 billion deal. The move marks PepsiCo’s further shift into the “better for you” category as consumers shy away from sugar-filled drinks and unhealthy snacks. In January, the company bought Siete Foods, which makes gluten-free chips for $1.2 billion, and PepsiCo bought the remaining half of the Sabra hummus brand it didn’t own late last year. “We’ve been evolving our food and beverage portfolio over many years, including by innovating with our brands in new spaces and through disciplined, strategic acquisitions that enable us to…
CNN — Radio Free Europe streamed unflinching coverage of Russia’s war in Ukraine to Russians when the Kremlin banned its citizens from calling it a war. Radio Free Asia bravely exposed China’s mass detention of the Uyghurs, a predominately Muslim ethnic minority in the far west of the country. The Open Technology Fund helped fund the creation of Signal, the hugely popular encrypted messaging app. All three American government-funded outlets are in jeopardy now that the Trump administration has terminated all of the grant programs at the US Agency for Global Media, or USAGM. The administration said Saturday that the…
CNN — Recent court orders slowing down or indefinitely blocking President Donald Trump’s policy blitz have raised the specter that the executive branch might openly flout the federal judiciary and prompted questions about how judges would respond. Any decision by the administration to defy federal courts would immediately implicate profound constitutional questions about separation of powers that have kept each branch of the government in check for centuries. That’s in large part because it would test the power of courts to enforce rulings that are supposed to be the final word. The issue reached a fever pitch on over the…
CNN — Recent court orders slowing down or indefinitely blocking President Donald Trump’s policy blitz have raised the specter that the executive branch might openly flout the federal judiciary and prompted questions about how judges would respond. Any decision by the administration to defy federal courts would immediately implicate profound constitutional questions about separation of powers that have kept each branch of the government in check for centuries. That’s in large part because it would test the power of courts to enforce rulings that are supposed to be the final word. The issue reached a fever pitch on over the…
New York AP — Police in New York City are searching for a person they say set a man on fire near Times Square shortly before 4 a.m. Sunday near West 41st Street and 7th Avenue. Officers spotted the 45-year-old victim and extinguished the flames. He was taken to a nearby hospital in stable condition, police said. Law enforcement officials say they believe the victim, who they have not named, knows the man who set him on fire. They declined to comment further, saying the case remains under investigation. Video and images from the scene show the victim walking along…
A panel including Jay Woods and Phil Blancato joins ‘The Claman Countdown’ to discuss how investors are reacting to the hotter than expected inflation data and weak retail sales. Forever 21’s U.S. operating company filed for Chapter 11 bankruptcy on Sunday, marking the second time in six years. F21 OpCo made the move after the retailer, once known for affordable, on-trend fashions among teenagers and younger adults, was unable to find a buyer for its roughly 350 U.S. stores.With most stores inside malls, the retailer says it was crippled by dwindling foot traffic and increased competition from online retailers. “We…
CNN — Yes — they’re still available. If you’re worried that there are no more towns in Italy left selling homes for one euro, or a little over a dollar, don’t be. One town that’s been low key selling homes for the price of a coffee is about to release another tranche of real estate — and the process is even better for buyers than what you might be used to. No deposit guarantee is needed as downpayment to secure a dilapidated dwelling. All that’s required is your commitment to restyling it. Penne, located in Italy’s central region of Abruzzo,…
New York CNN — A year ago, America was in a vibecession. The economy was in great shape (with some caveats), but the mood was disproportionately lousy. Today, the vibes and the economic data appear to be aligning. Just not in a good way. The vibe check in 2025: Consumers who powered the country through the worst of the Covid-19 recession are crying uncle. Sentiment is the lowest it’s been since 2022, when annual inflation climbed above 9% and the S&P 500 tumbled more than 19%. Home construction is way down. Consumer spending, the biggest driver of US economic growth,…
CNN — After months of tension, Israeli Prime Minister Benjamin Netanyahu announced that he would seek to remove the chief of the Shin Bet security service, Ronen Bar. Netanyahu met with Bar and informed him that he would propose his removal to the government this week, the prime minister’s office said on Sunday. Netanyahu is believed to have majority support in government to remove Bar, but the move could be subject to appeals by Israel’s Supreme Court. In a statement, Bar said that he intends to fulfill certain responsibilities before leaving his position. “The duty of trust owed by the…
Hong Kong CNN — China has announced a wide-ranging “special action plan” to promote domestic spending, in an effort to counter the economic impact of tariffs imposed by US President Donald Trump. The initiative, announced Sunday by the official Xinhua news agency, is ambitious but short on specifics. It covered everything from boosting people’s incomes to establishing a childcare subsidy system, and expanding a “cash-for-clunkers” program to trade in old goods like cars and electronics. The plan builds on Premier Li Qiang’s promise during a major political meeting earlier this month to ensure that the “giant ship of China’s economy”…