Swiss Chocolatier Invests in Cocoa Farming as Supply Crunch Bites
Barry Callebaut AG is investing in cocoa farming as prices for the key chocolate ingredient soars, squeezing profits for confectioners.
Barry Callebaut AG is investing in cocoa farming as prices for the key chocolate ingredient soars, squeezing profits for confectioners.
With just a day or so to go, JPMorgan Chase & Co and Deutsche Bank AG say that the once-every-four-years Bitcoin software update called the “halving” that has long been touted as one of the keys to propping up the cryptocurrency’s value is pretty much priced in.
Drug store chain Rite Aid Corp. put off a key court hearing in order to complete a deal that would cut $2 billion in debt, resolve lawsuits related to opioid prescriptions and end the company’s six-month-old bankruptcy.
Centuri Holdings Inc. shares climbed as much as 13% after an initial public offering and concurrent private placement priced at the top of a marketed range.
California energy agencies along with utility-owners PG&E Corp. and Edison International are applying for a $2 billion federal grant to improve the ability of the most-populous US state to hook up and deliver clean energy.
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