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Select lots of Jif peanut butter are recalled due to Salmonella scare

Before you make that PB&J, you may want to make sure your peanut butter hasn’t been recalled. The U.S. Food & Drug Administation (FDA) said Friday that the J.M. Smucker Co. SJM, -0.83% is “recalling select Jif peanut butter products sold in the U.S. due to potential Salmonella contamination.” The FDA noted that Salmonella is “an organism …

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Nestle rushes shipments of baby formula from Netherlands, Switzerland to help U.S. shortages

Nestle rushes shipments of baby formula from Netherlands, Switzerland to help U.S. shortages

Nestlé said Tuesday that it is rushing shipments of baby formulas to the U.S. to assist with a nationwide shortage that began late last year due to supply-chain disruptions.  “We have significantly increased the amount of our infant formula available to consumers by ramping up production and accelerating general product availability to retailers and online, …

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Dow books worst 5-day losing streak since 2020 as hot inflation reading weighs on Wall Street

Dow books worst 5-day losing streak since 2020 as hot inflation reading weighs on Wall Street

Stocks finished lower Wednesday, with the Dow booking its biggest 5-day drop in almost two years, following an eagerly awaited consumer price index reading that showed U.S. inflation slowed less than anticipated in April. How did stock indexes end? The Dow Jones Industrial Average DJIA fell 326.63 points, or 1%, ending at 31,834.11 after swinging …

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Ex-Colgate researcher who stole toothpaste formulas worth millions of dollars is sentenced to 21 months

Ex-Colgate researcher who stole toothpaste formulas worth millions of dollars is sentenced to 21 months

This case left a bad taste in everyone’s mouth. A former researcher for Colgate-Palmolive Co. CL, -1.29% has been sentenced to 21 months in prison for stealing secret toothpaste formulas and sending them to a company he had set up abroad. Muamer Reci, 58, of Haskell, N.J. had worked at a Colgate lab for nearly …

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America split itself into tribes over abortion, climate change and immigration, Harvard professors say

America split itself into tribes over abortion, climate change and immigration, Harvard professors say

New research from Harvard University economists looks at political polarization in response to wealthy Americans prioritizing moral issues, even if these moral issues are split along party lines. The paper was released on Monday, hours before Politico reported that the U.S. Supreme Court appears set to strike down the landmark Roe v. Wade decision. The …

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Skechers is a sponsor of the pickleball championships, a sport that will likely gain attention from more athletic companies

Skechers is a sponsor of the pickleball championships, a sport that will likely gain attention from more athletic companies

One thing that Skechers Inc. and the sport of pickleball have in common: both are expanding their appeal to wider audiences. Pickleball combines parts of badminton, ping pong and tennis, the USA Pickleball website explains, and can be played by a variety of ages and skill levels. It’s also the fastest growing sport in the …

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Stock futures are lower ahead of inflation data, with tech under pressure after Apple, Amazon disappointment

Stock futures are lower ahead of inflation data, with tech under pressure after Apple, Amazon disappointment

Stock futures were moving mostly lower on Friday, with tech stocks set to lead the way south after disappointing results from industry giants Amazon.com Inc. and Apple Inc. Investors are awaiting key inflation data, as well as more results from major energy companies such as Exxon Mobil Inc. How are stock-index futures trading? S&P 500 …

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Nestle reports higher sales, backs outlook as it lifts prices to combat inflationary costs

Nestle reports higher sales, backs outlook as it lifts prices to combat inflationary costs

Nestle SA said Thursday that sales rose in the first quarter as the company stepped up pricing against significant cost inflation and backed its full-year outlook. The Swiss consumer-goods giant NSRGY, +0.08% NESN, +1.41% reported quarterly sales of 22.24 billion Swiss francs ($23.43 billion), from CHF21.09 billion in the previous-year period. Analysts had forecast sales …

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