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By Marcelo Teixeira NEW YORK (Reuters) -U.S. chocolate consumers will face elevated chocolate prices this coming Halloween period as cocoa costs have more than doubled since early 2024, according to a report released on Thursday by Wells Fargo’s Agri-Food Institute. While wholesale cocoa prices have eased from late 2024 peaks, manufacturers are still passing on …

Chocolate prices set to remain high this Halloween in the US, report says Read More »

By Sneha S K (Reuters) -The U.S. government announced quality ratings for 2026 Medicare health and prescription drug plans on Thursday, which help determine bonus payments from the government to health insurers. CVS Health’s Aetna unit has more than 81% of members in top-rated programs. UnitedHealth has 78%, Elevance 55% and Humana about 20%, figures …

US health agency releases 2026 quality ratings for Medicare plans Read More »

(Reuters) -Microsoft said an outage of its suite of productivity software has been resolved on Thursday. “We identified that a portion of network infrastructure in North America was misconfigured, resulting in impact,” Microsoft 365 said on its status page on X. Initial reports had showed issues accessing Microsoft Teams and Exchange Online, it said earlier. …

Microsoft’s productivity software suite recovers after outage Read More »

By Anirban Sen and Prakhar Srivastava (Reuters) -The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group, a person familiar with the matter told Reuters on Thursday. The Justice Department is probing the company and its dealings with creditors, and has sent an inquiry to …

US Justice Department opens inquiry into First Brands collapse, source says Read More »

By Isla Binnie NEW YORK (Reuters) -A rush of retail money into private markets will likely push money managers to calculate the value of their portfolios with unprecedented frequency, KKR’s head of client services said. Private market firms’ portfolio valuations have come under broad scrutiny in the past year as their struggles to sell assets …

Influx of retirement funds could push private markets to daily pricing – KKR’s Mogelof Read More »

By Ateev Bhandari (Reuters) -Dominari Holdings, a company backed by the sons of U.S. President Donald Trump, said on Thursday its financial advisory business has won approval to be a lead or principal underwriter for initial public offerings on the New York Stock Exchange. The ability to lead an IPO can position an investment bank …

Trump brothers-backed Dominari Holdings cleared to lead IPOs on NYSE Read More »

By Promit Mukherjee OTTAWA (Reuters) -Canada’s federal statistics agency said on Thursday it might have to postpone releasing September international trade data next month if the U.S. government shutdown drags on. The last time this happened was in December 2018, when the U.S. government shutdown lasted for 35 days. Canada exports over 70% of its …

Canada’s stats agency warns trade data could be delayed by US government shutdown Read More »