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British meal delivery company Deliveroo said on Friday it received a proposal from U.S. peer DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).Deliveroo announced that its board has reviewed DoorDash’s proposal of 180 pence per share and would likely recommend it to shareholders, contingent upon agreeing on the other terms of the offer.DoorDash will need to make a firm offer by May 23. The company did not immediately respond to a Reuters request for comment.JPMorgan is advising Doordash, according to a source familiar with the matter. The current offer marks the first…

WASHINGTON :The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering “regulatory uncertainty” in prior years.”Market participants engaging in this technology deserve clear regulatory rules of the road,” Paul Atkins said in his first remarks since being sworn in as chairman of the agency as chairman earlier this week.He spoked at the SEC’s crypto roundtable, which the Republican leadership launched weigh how securities laws may apply to digital assets, an area of tension between the sector and the agency under previous leadership. Atkins, who has…

The Trump administration, which has made clear that it aims to slash government spending, is preparing to unveil a budget proposal as soon as next week that includes draconian cuts that would entirely eliminate some federal programs and fray the nation’s social safety net.The proposed budget for the 2026 fiscal year would cut billions of dollars from programs that support child care, health research, education, housing assistance, community development and the elderly, according to preliminary documents reviewed by The New York Times. The proposal, which is being finalized by the White House’s Office of Management and Budget, also targets longstanding…

If the trade war between China and the United States is a game of high-stakes brinkmanship, it is currently a game that Beijing is not willing to play.Faced with growing claims by President Trump and administration officials that the two countries are engaged in talks and that a deal could be reached in a matter of weeks, China’s Foreign Ministry pushed back forcefully on Friday by posting on X: “China and the U.S. are NOT having any consultation or negotiation. The U.S. should stop creating confusion.”The post came hours after a foreign ministry spokesman, Guo Jiakun, said the United States…

Federal health officials have reversed the decision to fire a few dozen scientists at the Food and Drug Administration’s food-safety labs, and say they are conducting a review to determine if other critical posts were cut.A spokesman for the Department of Health and Human Services confirmed the rehirings and said that several employees would also be restored to the offices that deal with Freedom of Information requests, an area that was nearly wiped out.In the last few months, roughly 3,500 F.D.A. jobs, about 20 percent, were eliminated, representing one of the largest work force reductions among all government agencies targeted…

WASHINGTON :U.S. President Donald Trump’s purges and apparent acts of retribution aimed at top cyber officials put the nation’s digital defenses at risk, a former head of the Cybersecurity and Infrastructure Security Agency said in a post on Friday.Trump’s recent moves to fire the two top National Security Agency officials and order an investigation into a previous head of CISA, Christopher Krebs, were part of a larger movement “that risks hollowing out – and worse, politicizing – the U.S. federal cyber ecosystem when we can least afford it,” said Jen Easterly, who succeeded Krebs at CISA and left the organization…

After an outcry from scientists and experts, federal officials on Thursday said they would restore funding to the Women’s Health Initiative, one of the largest and longest studies of women’s health ever carried out.The findings of the W.H.I. and its randomized controlled trials have changed medical practices and helped shape clinical guidelines, preventing hundreds of thousands of cases of cardiovascular disease and breast cancer.“These studies represent critical contributions to our better understanding of women’s health,” said Emily G. Hilliard, a spokeswoman for the Department of Health and Human Services.“We are now working to fully restore funding to these essential research…

Cereal. Ice cream. Flavored sparkling water. A Snickers bar. Donuts and brownies. Candy.What sounds like the treats table at a child’s birthday party is, in fact, a list of snacks that can now be found crammed with protein.Next week, Khloé Kardashian, the reality TV star and entrepreneur, will add her Khloud Protein Popcorn to the list. Her popcorn will come in three different flavors: white Cheddar, olive oil and sea salt, and sweet and salty. It will contain 7 grams of protein per serving, derived from the popcorn’s “Khloud Dust,” which is a blend of milk proteins and seasoning, according…

Three months ago, things were looking pretty good for Tim Fulton and Ramper Innovations, a manufacturer of airplane equipment based in Sitka, Alaska.Mr. Fulton was spending his days inside his workshop doing what he loved: building the company’s main product — a fold-up conveyor belt that unfurls in the belly of a plane to load and unload cargo or luggage. He had an order from the U.S. Air Force that he was confident would serve as a catalyst and bring in new customers from Asia and the Middle East while luring potential investors.Then, the tariffs from President Trump struck.The New…

Same cereal. Same sugary taste. Different hues.A box of Froot Loops sold in the United States contains vivid rings of red, orange, green, purple, yellow and blue — neon colors derived from synthetic dyes, like Red No. 40, Yellow No. 5, Blue No. 1 and Yellow No. 6. In a box sold in Canada, the colored rings obtain paler shades from the juices of blueberries, watermelon and huito, an Amazonian fruit. And not a single one is blue.The manufacturer in both countries, WK Kellogg, formerly known as the Kellogg Company, can clearly make Froot Loops without synthetic dyes. The question…