Kraft Heinz announced it will not launch any new products in the U.S. with Food, Drug & Cosmetic colors, effective immediately...
Continue ReadingThe lawsuit alleges Apple violates competition laws by forcing users of its devices to back up critical files and device settings on iCloud...
Continue ReadingApple was fined €50m by the ACM in 2021 for failing to comply with mandated changes to its App Store practices, which the regulator said violated EU antitrust laws...
Continue ReadingMILAN (Reuters) -Ferrari has delayed plans for its second fully-electric model that was due out in 2026 to at least 2028, because of a lack of demand for high-performance luxury EVs, two sources close to the matter told Reuters. Known for its roaring petrol engines, Ferrari has sold hybrid models since 2019 and will begin unveiling its first EV in October this year in a three-stage process culminating in a world premiere in the spring of next year. Aside from the lack of a throaty roar that comes with an electric sports car - the top selling point for many wealthy buyers - automakers have struggled to overcome the fact that EV batteries are far too heavy and simply lack the sustained power of a fossil-fuel engine...
Continue ReadingNew Buffett-Inspired ETF Holds Berkshire and Apple. It Aims for 15% Yield...
Continue ReadingBuffett hasn’t been known to invest in the latest hot technologies, but you still can apply his techniques to tech investing. Warren Buffett, as chairman, has helped Berkshire Hathaway's portfolio grow to more than $258 billion -- and it's even beaten the S&P 500 index along the way. Berkshire Hathway has delivered a compounded annual gain of more than 19% over 59 years, while the benchmark has registered a 10% gain over that time period...
Continue ReadingNEW YORK, June 17, 2025--Aqara unveils the Smart Lock U200 Lite, offering effortless access control, enhanced security, and a modern keyless lifestyle to European households...
Continue Reading(Bloomberg) -- The consumer landscape in China was very different in the 1990s, when Häagen-Dazs and Starbucks ventured in with premium products that were alien to most people. They made huge inroads nonetheless, opening outlets at breakneck pace and raking in revenue. But times are changing, and they, like many other Western brands, are reassessing their approach to the world’s second-biggest economy, including possibly selling their businesses. Most Read from BloombergSecurity Concerns Hit Som...
Continue ReadingIsrael and Iran Conflict Tests Stock Markets. Why Investors Should Look Past That...
Continue ReadingThe Impax US Sustainable Economy Fund underperformed the Russell 1000 benchmark in the first quarter. Read more here...
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