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Snack maker Kellanova’s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators.The U.S. Federal Trade Commission announced late Wednesday that after nearly a year of investigation, it determined that a merger between Mars and Kellanova wouldn’t threaten competition in the market.Kellanova shares were up nearly 1% in morning trading. Mars is privately held.McLean, Virginia-based Mars makes sweet snacks like M&M’s, Snickers and Skittles as well as Ben’s Original rice and pet food. Chicago-based Kellanova, which was created in 2023 when the Kellogg Co. split into two companies, owns brands including Cheez-its, Pringles, Eggo,…

SAN FRANCISCO :Amazon’s AWS recently lost a key vice president helping oversee generative artificial intelligence development as well as the company’s Bedrock service, as the competition for talent heats up.Vasi Philomin told Reuters in an email that he left Amazon for another company, without providing specifics. A company spokesperson confirmed that Philomin had recently left after eight years with Amazon. Philomin helped lead generative AI efforts and product strategy, and oversaw foundation models known as Amazon Titan.The spokesperson said Rajesh Sheth, a vice president previously overseeing Amazon Elastic Block Store, had assumed some of Philomin’s responsibilities. Philomin left Amazon earlier…

When Jayson Tatum ruptured his right Achilles tendon in the Celtics’ conference semifinals loss the the New York Knicks, everything about Boston’s immediate future changed. But what won’t change is the Celtics’ front office’s prudence in making sure he has the space and time to make a full recovery.Boston president of basketball operations Brad Stevens said the All-Star is progressing well following surgery last month. But asked about whether the team had put a potential timeline on Tatum’s return, Stevens was definitive that there would be no rushing the star’s rehabilitation.”We don’t and we won’t,” Stevens said Wednesday night following…

Bob Pockrass FOX Motorsports Insider Need help filling out your NASCAR in-season tournament bracket?Well, here is a look at mine in picking the matchups that will run concurrently with the regular-season races over the next five weeks. Either take these picks as gold or as a sign to pick my losers. But use at your own risk. Denny Hamlin drives during the NASCAR Cup Series The Great American Getaway 400  My picks are in bold and the seeding (determined by best finish in the last three races) is in parentheses. Obviously, my matchups beyond the first round are dependent on…

Washington — White House press secretary Karoline Leavitt said Thursday that the Trump administration doesn’t have any meetings scheduled with Iran, one day after President Trump said that the U.S. and Iran would talk and meet “next week.””We don’t have anything scheduled as of now,” Leavitt told reporters during Thursday’s press briefing, adding that she spoke with Middle East envoy Steve Witkoff on Thursday morning and the administration continues to be in “close communication” with the Iranians and intermediaries such as the Qataris.”We are in touch, and if there is a meeting, we will let you know, as we always…

Tesla executive and longtime Elon Musk confidant Omead Afshar has left the company, a person familiar with the matter said on Thursday, marking another senior departure as the electric-vehicle maker grapples with slowing global demand. Afshar was part of the CEO’s office and began overseeing sales and manufacturing operations in Europe and North America last year. He joined Tesla in 2017 and quickly rose through the ranks to become one of Musk’s trusted lieutenants, playing a central role in major projects including the construction of the Texas Gigafactory.Demand for Tesla’s EVs has tumbled in Europe and North America as Musk…

LABUBU, an elf-like plush toy with pointy ears and nine serrated teeth, has become a global sensation, worn by celebrities including Rihanna and Dua Lipa. These dolls are sold out in stores from Singapore to London; a human-sized version recently fetched a whopping US$150,000 at an auction in Beijing. With all the social media buzz, it is worth asking if we are witnessing the rise of a new-age collectible, or whether Labubu is a mere fad destined to fade.Investors certainly want to know. Pop Mart International Group, the Chinese manufacturer behind this trendy toy, has rallied 178 per cent this…

President of the United States Donald Trump arrives at Huis ten Bosch Palace for a dinner ahead of the Nato Summit 2025 on June 24, 2025 in The Hague, Netherlands.Patrick Van Katwijk | Getty ImagesPresident Donald Trump could extend his upcoming self-imposed tariff pause deadline, the White House said Thursday.That July 9 trade-deal deadline “is not critical,” press secretary Karoline Leavitt told reporters during a briefing.”The president can simply provide these countries with a deal if they refuse to make us one by the deadline,” Leavitt said, “and that means the president can pick a reciprocal tariff rate that he…

[JAKARTA] Indonesia is working on a new regulation that will require e-commerce platforms to collect and pass on sellers’ sales income in a bid to tackle the “shadow economy”, its tax office said on Thursday (Jun 26) confirming a Reuters report earlier this week.Citing sources, Reuters reported exclusively on Tuesday about a planned directive that e-commerce platforms must withhold and pass onto the authorities a levy amounting to 0.5 per cent of sales income from small and medium-sized sellers.Sources said the rule could be introduced as early as next month, though a statement from the tax office did not give…

Market Growth Driven by Temperature-Sensitive Pharmaceuticals Demand, Biopharmaceutical Expansion, Stringent Regulatory Requirements, and Advanced Therapy Development REDDING, Calif., June 26, 2025 /PRNewswire/ — According to a comprehensive market research report titled “Pharmaceutical Cold Storage Market by Equipment/Solution Type (Refrigeration Equipment, Temperature-Controlled Containers/Packaging, Monitoring and Control Systems, Cold Storage Services), Temperature Range (2°C to 8°C, -15°C to -25°C, -40°C to -80°C, Below -80°C, Controlled Room Temperature), Application (Commercial Drug Manufacturing & Distribution, Clinical Trials, Vaccine Distribution, Biologics & Cell/Gene Therapy Storage, Blood & Plasma Storage, Hospital Storage, Pharmacy Distribution, Research Storage), End-User (Pharmaceutical & Biotechnology Companies, CROs, Third-Party Logistics Providers, Hospitals…