Category: PMN

Aug 17

Indonesia holds unfinished future capital’s first Independence Day ceremony

Article content PENAJAM PASER UTARA, Indonesia (AP) — Indonesia marked 79 years of independence on Saturday with a ceremony in the unfinished future capital of Nusantara, which was planned to relieve pressure on Jakarta but whose construction has lagged behind schedule. Hundreds of officials and invited guests wearing the traditional clothes of Indonesian tribes gathered […]
Aug 14

Mars, maker of M&M’s and Snickers, to buy Cheez-It owner Kellanova for nearly $30 billion

Article content Mars, whose brands include M&M’s, Snickers and Skittles, is buying food company Kellanova in a deal worth nearly $30 billion, giving it access to a huge portfolio of consumer brands from Cheez-It to Pop-Tarts. Kellanova was created when the Kellogg Co. split into three companies last year. Kellanova, based in Chicago, houses many […]
Aug 13

Home Depot trims guidance with anxiety about the broader economy up among contractors and homeowners

Article content Home Depot’s second-quarter sales rose slightly as the nation’s biggest home improvement retailer benefitted from an $18 billion acquisition this spring, but customers continued to rein in spending because of broadly higher costs and elevated interest rates. Sales edged up to $43.18 billion, from $42.92 billion, beating the $42.57 billion that Wall Street […]
Aug 10

Brazilian authorities are investigating the cause of the fiery plane crash that killed 61

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Mauricio Savarese, Gabriela Sa Pessoa And David Koenig Published Aug 10, 2024  •  3 minute read Article content VINHEDO, Brazil (AP) — Brazilian authorities worked Saturday to piece together what exactly caused the plane crash in Sao Paulo state the prior day […]
Aug 7

Software upgrades for Hyundai, Kia help cut theft rates, new HLDI research finds

Article content Anti-theft software upgrades provided for Hyundai and Kia vehicles regularly targeted by thieves has cut theft rates by more than half, according to new research from the Highway Loss Data Institute. Theft rates of the affected automobiles soared after thieves discovered that certain car models lacked engine immobilizers, an anti-theft technology that has […]
Aug 4

A year after Maui wildfire, chronic housing shortage and pricey vacation rentals complicate recovery

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Gabriela Aoun Angueira And Audrey Mcavoy Published Aug 04, 2024  •  6 minute read Article content LAHAINA, Hawaii (AP) — Josephine Fraser worried her young family’s next home would be a tent. Fraser and her partner, their two sons and their dog […]
Aug 1

India offers $300 million loan to build up Vietnam’s maritime security, saying it is a key partner

Article content NEW DELHI (AP) — India on Thursday offered a $300 million loan to build up Vietnam’s maritime security, as the two sides said they want to double their trade and investment within five years. Prime Minister Narendra Modi told visiting Vietnamese Prime Minister Pham Minh Chinh that India considers Vietnam a key pillar […]