Will split
into three different companies focused
on cereals, snacks and plant-based foods.
NPR reports that Kellogg Co.
Will split
into three different companies focused
on cereals, snacks and plant-based foods.
On June 21, the company said that
the spinoffs for their cereal and plant-based
food products have yet to be named.
On June 21, the company said that
the spinoffs for their cereal and plant-based
food products have yet to be named.
The company expects the split
to be completed by the end of 2022.
In 2021, Kellogg saw net sales of $14.2 billion.
$11.4 billion of that net total
was generated by
the company's snack division.
Kellogg's cereal division accounted
for $2.4 billion in sales, while plant-based
sales brought in about $340 million.
Kellogg's cereal division accounted
for $2.4 billion in sales, while plant-based
sales brought in about $340 million.
These businesses all have significant
standalone potential, and an enhanced
focus will enable them to better
direct their resources toward
their distinct strategic priorities, Steve Cahillane, Kellogg CEO, via NPR.
These businesses all have significant
standalone potential, and an enhanced
focus will enable them to better
direct their resources toward
their distinct strategic priorities, Steve Cahillane, Kellogg CEO, via NPR.
NPR reports that Cahillane will become the chairman and CEO of Kellogg's snack division.
The company is reportedly looking
to explore options for its plant-based business,
which includes MorningStar Farms.
News of the split sent shares in Kellogg
up 8% in early trading to reach $73.29.
The announcement comes as the industry faces rising costs due to Russia's invasion of Ukraine and U.S. inflation reaching a four-decade high.
The announcement comes as the industry faces rising costs due to Russia's invasion of Ukraine and U.S. inflation reaching a four-decade high
U.K. Approves , Vaccine Booster , That Targets Omicron.
The United Kingdom has become the first country
to approve vaccine boosters specifically designed
to counter the omicron variant of COVID-19.
The United Kingdom has become the first country
to approve vaccine boosters specifically designed
to counter the omicron variant of COVID-19.
NPR reports that the decision paves
the way for people in the U.K. to receive
their shots early in the fall season.
The Moderna vaccine booster is "bivalent,"
meaning that it combines two
different versions of the vaccine.
Half of the mix is aimed at the original strain
of COVID, while the other half is formulated
to fight the original omicron variant.
What this bivalent vaccine gives us
is a sharpened tool in our armory to
help protect us against this disease
as the virus continues to evolve, Dr. June Raine, Head of the U.K.'s Medicines and Healthcare Products Regulatory Agency, via NPR.
What this bivalent vaccine gives us
is a sharpened tool in our armory to
help protect us against this disease
as the virus continues to evolve, Dr. June Raine, Head of the U.K.'s Medicines and Healthcare Products Regulatory Agency, via NPR.
According to researchers in the U.K., the omicron
booster "triggers a strong immune response" that defends
against both the 2020 strain of COVID and omicron.
According to researchers in the U.K., the omicron
booster "triggers a strong immune response" that defends
against both the 2020 strain of COVID and omicron.
NPR points out that the combo booster differs
from the omicron-specific booster which officials
in the United States hope to roll out this fall.
The U.S. FDA has requested vaccine developers to target later omicron variants BA.4 and BA.5.
Those two strains currently make
up a majority of cases in the U.S.
According to NPR, officials hope to authorize omicron-specific boosters by mid-September
Credit: Wibbitz Top Stories Duration: 01:31Published
Steve Martin , Says He May Be , Done With Acting.
NPR reports that longtime actor Steve Martin recently
spoke about plans to scale back on acting following
the end of the hit Hulu show, 'Only Murders in the Building.'.
NPR points out that Martin's
six-decade career has
highlighted his many talents.
Martin started his career as a writer for
'The Smothers Brothers Comedy Hour' back in
the 1960s. His work won him an Emmy in 1969.
Martin started his career as a writer for
'The Smothers Brothers Comedy Hour' back in
the 1960s. His work won him an Emmy in 1969.
In the 1970s, Martin began hosting
'Saturday Night Live,' which
he would go on to host 15 times.
In the 1970s, Martin began hosting
'Saturday Night Live,' which
he would go on to host 15 times.
In the 1980s, he retired from stand-up and focused on
acting, appearing in dozens of movies, including 'Three
Amigos,' 'Planes, Trains and Automobiles' and 'Bowfinger.'.
In the 1980s, he retired from stand-up and focused on
acting, appearing in dozens of movies, including 'Three
Amigos,' 'Planes, Trains and Automobiles' and 'Bowfinger.'.
In the 1980s, he retired from stand-up and focused on
acting, appearing in dozens of movies, including 'Three
Amigos,' 'Planes, Trains and Automobiles' and 'Bowfinger.'.
In 2013, he was was awarded
an honorary Oscar award. .
In 2016, he co-wrote and composed
his first Broadway musical, 'Bright Star,'
which received five Tony nominations.
In 2016, he co-wrote and composed
his first Broadway musical, 'Bright Star,'
which received five Tony nominations.
Martin began playing the banjo as a teenager
and released his first music-only album,
'The Crow: New Songs for the 5-String Banjo' in 2009.
Martin began playing the banjo as a teenager
and released his first music-only album,
'The Crow: New Songs for the 5-String Banjo' in 2009.
Martin has won three Grammy
awards for his contributions
to the bluegrass genre.
Martin has won three Grammy
awards for his contributions
to the bluegrass genre.
His current project, 'Only Murders
in the Building,' is nominated for seven
Emmys, three of them for Martin's performance.
He is one Tony award away
from joining the exclusive EGOT
(Emmy-Granny-Oscar-Tony winner) club
Credit: Wibbitz Top Stories Duration: 01:30Published
Study Finds the Arctic , Is Heating Up Faster , Than Previously Predicted.
NPR reports that new research shows that
the Arctic is heating up almost four times
faster than the rest of the Earth as a whole.
The findings highlight that
polar regions are experiencing
disastrously rapid climate change.
Previously, scientists estimated
that the Arctic would heat up about
twice as fast as rest of the globe.
The new research shows that the region
has warmed 3.8 times faster than the planet
as a whole in the last 43 years.
According to NPR, the study looked
at the period between 1979 and 2021.
The Arctic is more sensitive to global warming than previously thought, Richard Davy, Mika Rantanen of the
Finnish Meteorological Institute, via NPR.
According to the study, current computer models
used by scientists struggle to capture
the relative speed of Arctic warming.
NPR reports that the findings suggest future models
might need to be adjusted to predict an accurate
rate of global warming in polar regions.
This will probably be a bit of a surprise,
but also kind of extra motivation perhaps. , Richard Davy, a climate scientist at Nansen Environmental and Remote Sensing Center in Norway, via NPR.
Things are moving faster than we could
have expected from the model projections, Richard Davy, a climate scientist at Nansen Environmental and Remote Sensing Center in Norway, via NPR.
The team's findings were published in the journal
Communications Earth & Environment
Credit: Wibbitz Top Stories Duration: 01:31Published
Court Documents Reveal , Foiled Iranian Plot to Kill , Former National Security Adviser .
Court Documents Reveal , Foiled Iranian Plot to Kill , Former National Security Adviser .
NPR reports that the United States Justice Department has charged a suspected Iranian operative for an alleged plot to assassinate former national security adviser John Bolton.
NPR reports that the United States Justice Department has charged a suspected Iranian operative for an alleged plot to assassinate former national security adviser John Bolton.
Court papers unsealed on August 10
reportedly reveal details of Shahram Poursafi's
transnational murder plot to assassinate Bolton.
According to the Justice Department, the plot
was likely retaliation for the January 2020 killing
of top Iranian commander Qassem Soleimani.
According to the Justice Department, the plot
was likely retaliation for the January 2020 killing
of top Iranian commander Qassem Soleimani.
NPR reports that Bolton served
as former President Donald Trump's
national security adviser from 2018 to 2019.
NPR reports that Bolton served
as former President Donald Trump's
national security adviser from 2018 to 2019.
While much cannot be said publicly
right now, one point is indisputable:
Iran's rulers are liars, terrorists,
and enemies of the United States, John Bolton, Former National Security Adviser, via NPR.
While much cannot be said publicly
right now, one point is indisputable:
Iran's rulers are liars, terrorists,
and enemies of the United States, John Bolton, Former National Security Adviser, via NPR.
Their radical anti-American objectives
are unchanged; the commitments are
worthless; and their global threat is growing, John Bolton, Former National Security Adviser, via NPR.
Court documents reportedly contain
a wealth of evidence of Poursafi's efforts
to organize the assassination from afar. .
According to those documents,
Poursafi offered as much as
$300,000 for the murder of Bolton.
The Justice Department has the solemn
duty to defend our citizens from hostile
governments who seek to hurt or kill them, Matthew G. Olsen, Assistant Attorney General, via NPR.
This is not the first time we have
uncovered Iranian plots to exact revenge
against individuals on U.S. soil and we will
work tirelessly to expose and disrupt
every one of these efforts, Matthew G. Olsen, Assistant Attorney General, via NPR.
This is not the first time we have
uncovered Iranian plots to exact revenge
against individuals on U.S. soil and we will
work tirelessly to expose and disrupt
every one of these efforts, Matthew G. Olsen, Assistant Attorney General, via NPR
Credit: Wibbitz Top Stories Duration: 01:31Published
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