MediaCatalyst

1282 Posts
07 Sep

Elliott’s plan for PepsiCo includes investing in some of its iconic brands, shedding others

MediaCatalystBusiness
Elliott's plan for PepsiCo includes investing in some of its iconic brands, shedding others Business: PepsiCo is one of the world's largest consumer packaged goods companies, with a portfolio of some of the most iconic brands in food and beverage. Its brands include: Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. Its segments include Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); PepsiCo Beverages North America (PBNA); Latin America (LatAm); Europe; Africa, Middle East and South Asia (AMESA), and Asia Pacific, Australia and New Zealand and China Region (APAC). FLNA makes, markets, distributes and sells branded convenient…
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07 Sep

5 facts a dermatologist wants you to know about sunscreen: Using it is just as important as brushing your teeth, he says

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5 facts a dermatologist wants you to know about sunscreen: Using it is just as important as brushing your teeth, he says CNBC Make It spoke to Dr. Adam Friedman , professor and chair of dermatology at GW School of Medicine and Health Sciences, and he shared some facts about sunscreen that may surprise you. There are many misconceptions, and just as many questions like "who needs sunscreen?", "do I really need to reapply sunscreen throughout the day? When? How often?" and "do I have to use sunscreen even in winter?" But there are thousands of products on the market,…
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07 Sep

Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

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Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy Kenvue Inc. shares fell more than 10% on Friday after a report will likely link autism to the use of the company's pain medication Tylenol in pregnant women . The report will also suggest a medicine derived from folate – a water-soluble vitamin – can be used to treat symptoms of the developmental disorder in some people . Read full story: Source
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07 Sep

Mystery of former Federal Reserve Governor Kugler’s resignation deepens as real estate records raise new questions

MediaCatalystPolitics,
Mystery of former Federal Reserve Governor Kugler's resignation deepens as real estate records raise new questions watch now Former Federal Reserve Governor Adriana Kugler's abrupt resignation from the board on Aug. 1 – and her unexplained absence at a key meeting two days earlier – left the financial community shocked and confused. Nominated by Democratic former President Joe Biden to fill a surprise vacancy on the Fed board and confirmed in 2023, Kugler's term was not set to expire until January of 2026. In her Aug. 1 resignation letter, addressed to Trump, Kugler offered no explanation for why she was…
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07 Sep

Behind the AI talent war: Why tech giants are paying millions to top hires

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Behind the AI talent war: Why tech giants are paying millions to top hires Meta CEO Mark Zuckerberg offered $100 million signing bonuses to top OpenAI employees. David Paul Morris | Bloomberg | Getty Images The artificial intelligence arms race is heating up, and as tech giants scramble to come out on top, they're dangling millions of dollars in front of a small talent pool of specialists in what's become known as the AI talent war. It's seeing Big Tech firms like Meta, Microsoft, and Google compete for top AI researchers in an effort to bolster their artificial intelligence divisions…
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07 Sep

Roblox announces short-video, AI features amid child safety concerns

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Roblox announces short-video, AI features amid child safety concerns Roblox announced new short-video and AI features on Friday . Users 13 and older will be able to create and share video clips of their gameplay with others . The AI additions will allow users to generate advanced 3D objects for the games they create on the platform . The company faces increasing scrutiny into how the company protects children on its platform . Read full story: Source
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07 Sep

FTC commissioner questions status of Snap AI chatbot complaint: ‘People deserve answers’

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FTC commissioner questions status of Snap AI chatbot complaint: 'People deserve answers' FTC Commissioner Rebecca Slaughter questions the status of an artificial intelligence chatbot complaint against Snap . The FTC referred the complaint to the Department of Justice earlier this year . Snap's My AI chatbot, which debuted in 2023, is powered by large language models from OpenAI and Google . Read full story: Source
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07 Sep

Warren Buffett’s public Kraft Heinz criticism is extremely unusual for the typically passive owner

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Warren Buffett's public Kraft Heinz criticism is extremely unusual for the typically passive owner Kraft Heinz shares fell as much as 7.6% on Tuesday after the announcement early that morning . Buffett doesn't like the $300 million in additional overhead costs that will be spent to implement the split over the next year . Berkshire Hathaway will need to report any open market sales within two business days, which could prompt other investors to also sell . Read full story: Source
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07 Sep

In Washington, Farage builds on right-wing alliance with Trump

MediaCatalystPolitics,
In Washington, Farage builds on right-wing alliance with Trump There are far-right parties, and there are far-right parties. In the packed penthouse of a chic members-only club in Washington, online influencers sipped gin-and-tonics and rubbed shoulders with top officials from the Trump administration, including President Donald Trump’s press secretary Karoline Leavitt and Commerce Secretary Howard Lutnick. A bowtie-sporting DJ spun tunes for the assembled crowd of White House operatives, nationalist gadflies, Washington elites and a smattering of journalists — myself included — who were invited for the proceedings. We were gathered for a Wednesday evening launch party thrown by Read…
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07 Sep

Yemen health crisis spikes after aid cuts and U.S., Israeli airstrikes

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Yemen health crisis spikes after aid cuts and U.S., Israeli airstrikes Yemen faces a worsening humanitarian crisis — and in particular, a raging cholera outbreak — in the aftermath of U.S. and Israeli airstrikes in the spring as well as Trump administration aid cuts and punishing U.S. economic sanctions, according to doctors and humanitarian workers who have worked in the country. Attacks on ports and civilian infrastructure such as health clinics have severed lifelines to foreign supplies, said doctors and other health experts, while aid cuts and sanctions have further battered the economy of Yemen, already one of the most…
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