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Exclusive-Mantle Ridge nominates new board for Air Products, pushes for new CEO

By Svea Herbst-Bayliss NEW YORK (Reuters) – Mantle Ridge has nominated nine directors to replace the board at Air Products and Chemicals, with the activist investor pushing the industrial gases maker to name a new CEO, shift its capital allocation and ...
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Danish palace scraps system dating to the 1800s that grants royal labels for products

COPENHAGEN, Denmark (AP) — Denmark’s royal court said Wednesday it will phase out a labeling system dating back to the 1800s that grants companies the right to use the image of the Danish crown on their letterhead, packaging and labels. The five-year renewable designations, ...
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Holiday Giving Opportunity Donate Hygiene Products and Win an iPad

The Patchy's Red, White & Blue Christmas Drive is currently underway, accepting donations to bring joy to local teens. Contributions of personal hygiene products, such as shampoo, body wash, and lotions. When you donate an item from the list, you ...
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Food companies sell products that are less healthy in poorer countries, says report

By Jennifer Rigby LONDON (Reuters) – The world’s biggest food and beverage companies on average sell products in low-income countries that are less healthy than what they sell in high-income countries, according to a new report. Products sold by companies including Nestle, ...
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Beyond Meat reverses revenue slide by raising prices on its plant-based products

Beyond Meat reversed a sales slide in the third quarter, growing revenue for the first time since 2022 as it charged higher prices for its plant-based meat. The El Segundo, California-based company said its revenue rose 7.6% to $81 million in the July-September period. That ...
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Cummins posts quarterly profit beat on strong demand for power products from data centers

(Reuters) – Cummins Inc beat third-quarter profit estimates on Tuesday, due to robust demand for its power generation products from data centers, sending the shares of the company up more than 4% in pre-market trading. Rising demand from the technology industry’s ...
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North Korea, Russia conclude joint exhibition of tech products in Pyongyang, KCNA says

SEOUL (Reuters) – North Korea and Russia concluded a joint exhibition of technology products in Pyongyang, North Korean state media KCNA reported on Friday, after showcasing gadgets from various companies within the countries.  Russia and North Korea have been cooperating more ...
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D.E. Shaw throws support to Mantle Ridge in Air Products board fight

By Svea Herbst-Bayliss NEW YORK (Reuters) – Hedge fund D.E. Shaw shifted course in its campaign for change at industrial gases company Air Products and Chemicals and is now supporting a rival activist’s efforts instead of pressing ahead with its own ...
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Enterprise Products not considering new Permian oil pipeline, says co-CEO

By Arathy Somasekhar HOUSTON (Reuters) – U.S. energy pipeline operator Enterprise Products is not considering adding a new crude oil line out of the Permian shale field in West Texas, co-CEO Jim Teague said on Thursday. A wave of consolidation in the ...
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S&P Global lifts annual profit forecast on demand for analytics products

(Reuters) – Financial information company S&P Global raised its annual profit forecast on Thursday and beat Wall Street estimates for third-quarter profit on strong demand for its data and analytics products. WHY IT’S IMPORTANT Expectations of further interest-rate cuts kept investors confident ...
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Warren Buffett says he won’t endorse investment products or candidates

By Jonathan Stempel (Reuters) – Warren Buffett will not endorse investment products or political candidates, according to a statement on conglomerate Berkshire Hathaway’s website, in an apparent effort to ward off people trying to capitalize on his reputation. “In light of the ...
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Starboard takes stake in consumer products maker Kenvue, sources say

By Svea Herbst-Bayliss (Reuters) -Hedge fund Starboard Value has taken a stake in Kenvue, the consumer products company that makes Band-Aid, Listerine, and Tylenol, and which went public last year, two people familiar with the matter said on Sunday. Reuters was not able to immediately learn ...
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