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Kraft Heinz might sell Oscar Mayer

Kraft Heinz is thinking about selling its iconic hot dog brand Oscar Mayer. The Wall Street Journal, citing anonymous sources familiar with the matter, reports that the packaged foods giant is exploring a sale of the meat maker that could be valued between $3 billion and $5 billion. Kraft Heinz is in talks with Bank…Read more...

Mon May 13, 2024 22:41
Canadian wildfire smoke is again blowing into the U.S.

Health officials in Minnesota and Wisconsin issued air quality warnings on Sunday after the smoke from wildfires raging in western Canada started to reach the Upper Midwest. And it’s causing plenty of anxiety in people across a large swath of the U.S. who are dreading the idea of spending yet another summer choking…Read more...

Mon May 13, 2024 22:41
Porsche is debuting a new hybrid 911 sports car

Porsche likes to make a big stink about the fact that Ferdinand Porsche developed the world’s first hybrid drive car, the Lohner Porsche Semper Vivus, around 125 years ago. Back in 2010 the company raced a hybrid-drive 911 GT3 R, and shortly after released the hybrid hypercar 918 Spyder. A few years ago Porsche said…Read more...

Mon May 13, 2024 22:41
Tesla has so many unsold cars that it's storing them in an an abandoned mall parking lot

Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can’t sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of 2024.Read more...

Mon May 13, 2024 22:41
Meme stocks are in chaos because a Reddit guy named Roaring Kitty has returned

GameStop and other meme stocks surged wildly on Monday morning as Keith Gill returned to social media. The leader of the 2021 meme-stock mania, also known as Roaring Kitty and Deep Fucking Value, sent a single tweet on Sunday night that shook the universe of meme stocks, as their fearless leader signaled a second…Read more...

Mon May 13, 2024 21:41
American, Delta and other airlines are suing the government to keep the fees they charge hidden

Last month, the Department of Transportation told U.S. airlines that they would need to start disclosing all of the fees customers need to pay to buy a plane ticket. Now, according a report from Reuters, the airlines are suing to block that rule.Read more...

Mon May 13, 2024 21:41

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