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CORRECTED-ANALYSIS-Big Food pours millions into rebrands as obesity drugs reshape US demand
GLP-1 drugs impact $12 billion in snacking sales, EY-Parthenon estimatesDietary shifts include fewer calories and more fresh produceCompanies invest in protein-forward, better-for-you snacks By Sriparna Roy and Juveria TabassumFeb 18 (Reuters) - Global food and beverage companies from PepsiCo PEP.O...Reuters
3 minutes ago
New York tunnel construction will resume after Trump releases frozen funding
Feb 18 (Reuters) - Construction on the massive $16 billion Hudson Tunnel Project will resume next week after the Trump administration released $127 million in frozen funding, New York Governor Kathy Hochul said on Wednesday.New York and New Jersey sued after the U.S. Department of Transportation wit...Reuters
13 minutes ago
Virgin Media O2 owners to buy British fibre firm Substantial for $2.7 billion
Feb 18 (Reuters) - A consortium including Liberty Global LBTYA.O agreed on Wednesday to buy British alternative fibre provider Substantial Group for 2 billion pounds ($2.72 billion) in a bid to take on BT Openreach. The acquisition will be made through an existing three-way joint venture between Vir...Reuters
14 minutes ago
Carney's hand strengthened as opposition MP joins Canada's ruling Liberals
OTTAWA, Feb 18 (Reuters) - A legislator from Canada's official opposition Conservatives defected to the ruling Liberals on Wednesday, opening up a path for Prime Minister Mark Carney to gain a much-desired majority in Parliament.In a social media post, Carney said Matt Jeneroux would now be sitt...Reuters
16 minutes ago
GM invests in Ontario plant for next-gen trucks
By Kalea HallDETROIT, Feb 18 (Reuters) - General Motors GM.N will invest $63 million Canadian dollars in an Ontario plant to support production of its next-generation gas trucks, the automaker said Wednesday. The investment comes despite tariffs on Canadian products shipping to the United States, an...Reuters
19 minutes ago
Heritage Distilling Holding Company Changes Company Name To IP Strategy Holdings
Feb 18 (Reuters) - Heritage Distilling Holding Company Inc IPST.O:HERITAGE DISTILLING HOLDING COMPANY, INC. CHANGES COMPANY NAME TO IP STRATEGY HOLDINGS, INC.HERITAGE DISTILLING HOLDING COMPANY INC - TICKER SYMBOL 'IPST' AND CUSIP NUMBER REMAIN UNCHANGEDReuters
20 minutes ago
Philip Morris ExpectS $45 BLn Operating Cash Flow In 2026-2028
Feb 18 (Reuters) - Philip Morris International Inc PM.N:PHILIP MORRIS - EXPECT 2026-2028 OPERATING CASH FLOW OF ABOUT $45 BILLION - PRESENTATIONPHILIP MORRIS - EXPECT AVERAGE ANNUAL 2026-2028 CAPEX OF $1.3 BILLION - $1.5 BILLIONPHILIP MORRIS - TARGETS 9-11% ADJUSTED EPS CURRENCY-NEUTRAL CAGR FOR ...Reuters
22 minutes ago
Olympics-Alpine skiing-Dominant Shiffrin strikes gold, ends medal drought
Shiffrin takes gold in last Alpine race of GamesFirst Olympic medal for US great since 2018 Repeats slalom gold from 2014Rast takes silver, Swenn Larsson the bronze By Alan BaldwinCORTINA D'AMPEZZO, Italy, Feb 18 (Reuters) - U.S. great Mikaela Shiffrin won women's slalom gold, and her first ...Reuters
25 minutes ago
Carney says Conservative MP has joined the ruling Liberals
OTTAWA, Feb 18 (Reuters) - Canadian Prime Minister Mark Carney on Wednesday said a legislator from the official opposition Conservatives had defected and would now represent the ruling Liberal Party.Carney made the announcement on social media.Reuters
35 minutes ago
U.S. Senate committee to hold confirmation hearing for Trump surgeon general pick next week
WASHINGTON, Feb 18 (Reuters) - The U.S. Senate Committee on Health, Education, Labor, and Pensions will hold its delayed confirmation hearing for Casey Means, President Donald Trump's nominee for U.S. surgeon general, next week, the committee said on Wednesday.The hearing will take place on Febr...Reuters
37 minutes ago
Evinova Announces Strategic Collaborations With Astellas, Astrazeneca & Bristol Myers Squibb
Feb 18 (Reuters) - EVINOVA ANNOUNCES STRATEGIC COLLABORATIONS WITH ASTELLAS, ASTRAZENECA AND BRISTOL MYERS SQUIBB ADVANCING ITS AI-NATIVE PLATFORM TO ACCELERATE GLOBAL CLINICAL DEVELOPMENTFurther company coverage: [ ]Reuters
38 minutes ago
Fire breaks out near Iran's capital Tehran, state media says
DUBAI, Feb 18 (Reuters) - A fire broke out in Iran's Parand near the capital city Tehran, state media reported on Wednesday, publishing videos of smoke rising over the area which is close to several military and strategic sites in the country's Tehran province. "The black smoke seen near...Reuters
39 minutes ago
J&J To Invest Over $1 Bln In Cell Therapy Manufacturing Facility In Pennsylvania
Feb 18 (Reuters) - Johnson & Johnson JNJ.N:J&J: FACILITY TO CREATE MORE THAN 4,000 CONSTRUCTION JOBS & 500 BIOMANUFACTURING JOBSJ&J: OVER $1 BILLION INVESTMENT IN CELL THERAPY MANUFACTURING FACILITY IN MONTGOMERY COUNTY, PENNSYLVANIAReuters
40 minutes ago
Uber To Invest $100 Mln In High-Capacity AV Charging Hubs
Feb 18 (Reuters) - Uber Technologies Inc UBER.N:UBER: INVESTING OVER $100 MILLION TO DEVELOP NEW HIGH-CAPACITY AV CHARGING HUBSUBER: WILL ALSO BUILD DCFC CHARGING STATIONS AT CONVENIENTLY LOCATED PIT STOPS THROUGHOUT PRIORITY CITIESUBER: CHARGING HUB EXPANSION STARTING IN US IN BAY AREA, LOS ANGELE...Reuters
40 minutes ago
