Apr. 30, 2024 16:18 PM EDT
CHICAGO (AP) — CHICAGO (AP) — Mondelez International Inc. (MDLZ) on Tuesday reported first-quarter profit of $1.41 billion.
On a per-share basis, the Chicago-based company said it had profit of $1.04. Earnings, adjusted for non-recurring gains, came to 95 cents per share.
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Mar. 29, 2024 01:24 AM EDT
ACCRA, Ghana (AP) — Shoppers may get a bitter surprise in their Easter baskets this year. Chocolate eggs and bunnies are more expensive than ever as changing climate patterns eat into global cocoa supplies and the earnings of farmers in West Africa.
About three-quarters of the...
Mar. 21, 2024 08:31 AM EDT
NEW YORK (AP) — Sweet Easter baskets will likely come at a bitter cost this year for consumers as the price of cocoa climbs to record highs.
Cocoa futures have surged this year, roughly doubling since the start of 2024. Rising temperatures and weather conditions have stressed and...
Mar. 07, 2024 09:11 AM EST
Candy companies want to know: What will make Americans start chewing gum again?
Gum’s bubble burst during the COVID-19 pandemic, when masks and social distancing made bad breath less of a worry and fewer people spent on impulse buys. The number of packages of gum sold dropped by...