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Monday, dec 16
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Business
Hershey Stocks Soar As Rumors Swirl About Possible Mondelez Buy Out
Mondelez International, the company behind brands like Oreo and Cadbury, is reportedly considering acquiring The Hershey Company, a move that could create one of the world's largest confectionery firms, according to multiple outlets and first reported by Bloomberg. Preliminary discussions have taken place, but there's no certainty that a deal will be finalized. This news led to a significant surge in Hershey's stock price, which rose approximately 13% to $199.52 on Monday, Benzinga reported. In contrast, Mondelez's shares experienced a decline of about 4%, Reuters explained. It's importa…
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Viral Video Captures Gas Prices Ticking Up By The Second At PA Shell Station
The gas prices at one Pennsylvania gas station jumped nearly 40 cents in a matter of seconds, catching the attention of several onlookers earlier this week. Drivers and onlookers were captured gawking at the Bethlehem Shell station's digital sign captured Monday, March 7 ticking up in price, Yahoo Finance reports. Before the video ends, the price per gallon can be seen rising from $3.99 to more than $4.40. The national average for gas prices has topped $4 as of Tuesday, March 8, the AAA says. Gas prices in the US have risen as a result of Russia's invasion of Ukraine, multiple …