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Nestlé SA (NSRGY) surged 1.94% or $1.58 to $83.12 after the world’s largest food company reported its slowest first-half sales growth since 2009, struggling to raise prices and expand international franchises. 18 more words

Company

Snack Giant Mondelez Makes $23 Billion Takeover Bid for Hershey

Any deal for the chocolate company would be contingent on approval from the Hershey Trust

Above: Hershey’s famous chocolate kisses are made at the West Hershey plat in Hershey, Pa. 1,801 more words

Facebook's Faux Fight Against Poverty in India

India’s federal telecommunications regulator recently banned differential pricing in Internet services in India, at once edifying net neutrality in one of the world’s largest untapped market for Internet users and thwarting Facebook’s plan to roll out its limited, free Internet service to parts of the country. 798 more words

News & Politics

Beer Companies Foam Up to Take Over the World; Colorado Ditch Day for Marijuana Tax; Poor Findings from U.S. Census Bureau

Sudsy…

A frothy beer merger seems to be brewing for two of the biggest beer makers in the world. Rumor has it that ABInBev and SABMiller are throwing around the idea of possibly joining foamy forces to create the biggest beer company. 635 more words

Nestle Announces Another Change To Supply Chain: All KitKat Chocolate Will Be Sustainably Sourced

After saying that “forced labor has no place in supply chain” for Fancy Feast cat food, Swiss conglomerate Nestle SA is now addressing another supply chain area, saying KitKat will be the first global chocolate brand to make all its products with sustainably sourced cocoa. 187 more words

Nestle accused of using fish harvested by slave labour in Fancy Feast cat food

Nestle SA was sued over claims that its Fancy Feast cat food contains fish from a Thai supplier that uses slave labour.

The complaint against the Swiss food giant follows one… 487 more words

Legal Post