The J.M. Smucker Co. said late Monday it has agreed to sell its oils and shortening business under the Crisco brand to B&> Foods Inc. for about $ 550 million. It was nothing against Crisco, which was first introduced to U.S. kitchens in 1911 — J.M. Smucker SJM, -0.38% had …
Read More »: Tesla stock higher after ‘best quarter’ ever for the Silicon Valley car maker
Tesla reported third-quarter earnings Wednesday. Getty Images Tesla Inc. stock rose in the extended session Wednesday after the Silicon Valley car maker reported a fifth straight quarter of profit and sales that rose 40%. Tesla TSLA, +0.16% said it earned $ 331 million, or 27 cents a share, in the …
Read More »‘Fortnite’ maker accuses Apple of illegal monopolistic practices in tech battle royale that appears headed for a courtroom
The maker of “Fortnite” has launched a Battle Royale against Apple Inc., accusing the tech giant of seeking to “unlawfully maintain its monopoly.” Epic Games said Thursday it filed legal papers against Apple AAPL, +1.77% after the iPhone maker booted the company’s hit game “Fortnite” out of its App Store, …
Read More »: Glaxo to invest in German vaccine maker CureVac
The logo of the biopharmaceutical company CureVac is seen in front of the company’s headquarters in Tuebingen, southern Germany on June 23, 2020. thomas kienzle/Agence France-Presse/Getty Images GlaxoSmithKline on Monday said it was taking a stake in German vaccines maker CureVac, the latest move by a major drugmaker to boost …
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