DEE-ANN DURBIN, AP Business Writer Dec. 19, 2022Updated: Dec. 19, 2022 4:35 p.m. Candy and snack company Mondelez International said Monday it’s selling its U.S., Canadian and European gum business to Perfetti Van Melle Group for $1.35 billion. Chicago-based Mondelez said the deal includes its Trident, Bubblicious, Dentyne and Chiclets gum brands and the European candy brands … Read more
It’s the lowest the stock has fallen in more than two years.
BERLIN (AP) — German business confidence improved more than expected in December as managers in Europe’s biggest economy took a brighter view of both their current situation and the outlook for the next six months, a closely watched survey showed Monday. The Ifo institute said its monthly confidence index rose to 88.6 points from 86.4 … Read more
BERKELEY, Calif. (AP) — A prominent video game creator who helped lead Facebook’s expansion into virtual reality has resigned from the social networking service’s corporate parent after becoming disillusioned with the way the technology is being managed. John Carmack cut his ties with Meta Platforms, a holding company created last year by Facebook founder Mark … Read more
In August 2021, a handful of Bastrop County residents noticed something big unfolding on quiet Walker Watson Road. The two-lane road, about a quarter-mile long from end to end, bisects cow pastures, cornfields and woods. It’s lined by 15 homesteads, most on lots of 1 acre or more. Farmers have lived there for generations. Other … Read more
The San Antonio area and state of Texas are ending the year with record employment, although the scorching labor market is cooling as the Federal Reserve continues to pump the brakes on the economy. The metro area added 7,747 jobs in November, according to data released Friday by the Texas Workforce Commission, pushing total employment … Read more