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Packages of M&M’s milk chocolate candy are stacked at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty ImagesCandy maker Mars said Wednesday it’s partnered with biotech company Pairwise to speed up the development of more resilient cocoa using CRISPR-based gene editing technology.The agreement gives the M&M’s maker access to Pairwise’s Fulcrum platform, which includes a library of plant traits, and gives Mars the ability to tailor its crops to be stronger and more sustainable.CRISPR is a gene editing tool that makes fast and precise changes to DNA. In…
Cherry Bekaert, a Top 25 Firm based in Raleigh, North Carolina, has acquired Jameson & Company CPAs, a firm based in Bedford, Massachusetts, that specializes in providing outsourced accounting solutions to small federal government contractors and grantees. The acquisition will expand Cherry Bekaert’s Government Contractor Consulting Services practice.”For more than 45 years, Jameson has provided outsourced accounting solutions to small federal government contractors and grantees, serving more than 200 clients across the United States,” said Cherry Bekaert Advisory CEO Michelle Thompson. “The addition of Jameson brings greater scale and depth to Cherry Bekaert’s Government Contracting practice, bringing additional depth and experience to the…
Foot Locker and Dick’s Sporting Good stores.ReutersSen. Elizabeth Warren is calling on the FTC and DOJ to consider blocking Dick’s Sporting Goods’ proposed acquisition of Foot Locker, writing in a letter to the agencies that the merger could cut jobs, raise prices and reduce competition. The missive, sent Tuesday evening, asks the agencies to “closely scrutinize” the $2.4 billion merger and “block the deal” if they determine it violates antitrust laws. Warren, D-Mass., argues in the letter, which was seen by CNBC, that the tie-up could create a duopoly in sneakers and other athletic shoes between the combined companies and its…
People walk by a Claire’s store on December 11, 2024 in San Rafael, California. Justin Sullivan | Getty Images News | Getty ImagesTween retailer Claire’s filed for bankruptcy protection for the second time in seven years on Wednesday in the hopes it can reorganize its business and stave off liquidation. The mall-based boutique, long known for its ear piercing services and eclectic mix of jewelry and accessories, is staring down about $500 million in debt, rising competition and an evolving retail landscape that’s made it harder than ever to grow a business profitably. “This decision is difficult, but a necessary one. Increased competition,…
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