Philip Morris International said on Tuesday it would invest $232 million to expand production capacity for ZYN nicotine pouches at its Ownesboro, Kentucky plant, to meet the strong demand. The investment will be made through one of PMI’s Swedish Match affiliates, and comes about a month after the tobacco giant announced…
Ford Motor is the latest company to walk back some of its commitments to diversity, equity and inclusion initiatives. The automaker has taken “a fresh look” at its DEI policies and practices over the past year to take in to account the evolving “external and legal environment related to political and…
Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score the coveted milestone. Shares of the Omaha-based conglomerate have rallied more than 28% in 2024, far above the S&P 500′s 18% gain. The $1 trillion threshold was crossed just two days…
Aug 26 (Reuters) — Care.com, a platform for providing in-home care services to children, older adults and pets, agreed to pay $8.5 million to settle U.S. Federal Trade Commission charges it grossly inflated the number of available jobs and made it difficult to cancel memberships. The settlement with the unit…
The past few weeks in the Ukraine war have felt like, to borrow an adage often attributed to Lenin, that decades have happened in them. It is perhaps the fastest moment of change in the conflict since it began, and heralds Kyiv throwing everything it has down on the table…
After more than 300 days in Hamas captivity, a frail and malnourished Farhan Al-Qadi sat in a large tent set up by his family and friends in the Negev desert, where loved ones came by to welcome him home on Wednesday. “I am well,” Al-Qadi told reporters, adding that he wishes “that the war…
Abdul Rahman sleeps in a battered car seat, rocked by his mother Niveen Abu al-Jidyan. For the moment, he’s blissfully unaware of the drones overhead, or the incurable disease crippling his body. Abdul Rahman is the first person in Gaza in 25 years to be diagnosed with polio – once…
The World Food Programme is freezing employee movement in Gaza after one of its vehicles was targeted with repeated gunfire just meters from an Israeli checkpoint, according to a statement by the humanitarian agency. “Despite being clearly marked and receiving multiple clearances by Israeli authorities to approach, the vehicle was…
Editor’s Note: This story contains graphic descriptions of violence. As tears roll down her face and her body shivers with pain, Hamida cradles her 4-year-old daughter and baby boy on her lap, comforting them as they cry for their father. The 22-year-old ethnic Rohingya is surviving on the kindness of…
In a city known for its private members clubs battling for exclusivity, one gilded room in Manhattan reigns supreme: a powerful club of countries within the United Nations headquarters that has resisted adding a new member for nearly eight decades. The UN Security Council has been dominated by just five countries (the United States, China, Russia, France,…