News
The Hershey Company on Tuesday confirmed media reports it is raising candy prices as it battles rising cocoa costs. The price change will be a “low double-digit increase” and affect products across the company’s confection portfolio, according to a Hershey spokesperson. Founded in 1894, the Pennsylvania-based company owns over 90 brands including Hershey Kisses, KitKat, Reese’s…
By DIDI TANGAssociated Press WASHINGTON (AP) — President Donald Trump on Tuesday said a trip to China might be “not too distant,” raising prospects that the leaders of the world’s two largest economies may meet soon to help reset relations after moving to climb down from a trade war. Trump made the remarks while hosting…
BOSTON (AP) — More than 120 cases, including some for assault on family members and police, were dismissed Tuesday in Boston, the latest fallout from a monthslong dispute over pay that has led public defenders to stop taking new clients. At a mostly empty courtroom, Boston Municipal Court Chief Justice Tracy-Lee Lyons invoked the Lavallee…
President Trump on Tuesday floated the possibility of eliminating the federal capital gains tax on home sales, in a move that would change the way real estate profits are taxed for the first time in 30 years. Speaking to reporters in the Oval Office on Tuesday, Mr. Trump suggested he is weighing supporting legislation introduced by Rep….
Lululemon Athletica’s (NASDAQ:LULU) U.S. growth outlook softened as shoppers embraced new fabric innovations over seasonal basics, pushing catalyst launches into second half of 2025. JP Morgan analyst Matthew R. Boss downgraded Lululemon from Overweight to Neutral, lowering the price forecast from $303 to $224. Boss writes that the U.S. product catalyst has been delayed to…
A Marine veteran whose father was detained by federal immigration agents while at his landscaping job in California last month told Congress members on Tuesday that his father is “traumatized” by what happened and charged that the immigration system is “broken.” Customs and Border Patrol agents arrested Narciso Barranco, who is undocumented, in Santa Ana…
Police are investigating the hacking of Hongkong Post’s EC-Ship online portal, after Hongkong Post on Tuesday confirmed that hackers had stolen customers’ personal information on Sunday and Monday. In a statement, Hongkong Post said hackers had retrieved senders’ and recipients’ names, addresses, phone numbers, fax numbers, and email addresses during the cyberattack. It said it…
Kohl’s shares soared Tuesday as investors piled in amid renewed exuberance for so-called meme stocks. The struggling department store’s stock price jumped nearly 38%, or $3,92, to close at $14.34 a share. Like other beaten down stocks suddenly embraced by retail investors, Kohl’s has benefited this month from buzz in online investor communities like WallStreetBets,…
On July 21, Chenguang Gong pleaded guilty in federal court to one count of theft of trade secrets for the benefit of a foreign government, a violation of Title 18, U.S. Code Section 1832. The charge carries a statutory maximum of ten years’ imprisonment, a fine of up to $5 million or twice the gross…
JUNEAU, Alaska (AP) — A small plane that crashed in 2023 while carrying moose meat for hunters in remote western Alaska, killing the husband of former U.S. Rep. Mary Peltola, was overweight for takeoff and encountered drag from a set of antlers mounted outside, federal investigators said in a report released Tuesday. The National Transportation…