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Ferrero to buy Halo Top owner Wells to further U.S. expansion

Halo Top pints of ice cream in Los Angeles, California. Kirk Mckoy | Los Angeles Times | Getty Images Candy maker Ferrero is buying Wells Enterprises, the ice cream giant that owns Blue Bunny, Blue Ribbon Classics and Halo Top. The two privately held companies did not disclose financial terms …

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How to keep required minimum distributions invested in a down market

The deadline is fast approaching for mandatory retirement plan withdrawals, which may force some retirees to sell assets in a down market. But experts say there may be ways to reduce the negative effects. Required minimum distributions, known as RMDs, are yearly amounts that must be taken from certain retirement …

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5 things to know before the stock market opens Wednesday, December 7

Traders on the floor of the NYSE Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Can stocks get over the hump? U.S. equities markets entered Wednesday in a deep funk. After big losses Monday, stocks tumbled again Tuesday: The Nasdaq …

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Here are 3 ways Gen Z workers can start saving now for retirement

Luis Alvarez | Digitalvision | Getty Images If you’re just out of college, you may be wondering when the right time is to get started with a retirement savings plan. The answer is now, experts say.  To that point, 55% of Americans already working think they are behind on saving …

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United Arab Emirates ranked as having the best passport in the world

A traveler passes through immigration control by walking through a “smart tunnel ” at Dubai International Airport. GIUSEPPE CACACE/AFP DUBAI, United Arab Emirates — The United Arab Emirates is ranked as the world’s number one passport to hold in terms of mobility and freedom from travel restrictions, according to the …

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Campbell Soup, Pinterest, Toll Brothers and others

Check out the companies making headlines before the bell: Campbell Soup (CPB) – Campbell Soup beat estimates by 14 cents with adjusted quarterly earnings of $1.02 per share. Revenue also beat consensus and the food producer said its results were helped by strong pricing, improved productivity and supply chain improvements. …

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China eases Covid restrictions on travel and production

Starting Tuesday, public venues such as this supermarkets in Beijing no longer required people to show proof of a recent negative virus test. China News Service | China News Service | Getty Images BEIJING — In a significant easing of Covid controls, the Chinese government said Wednesday that people will …

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Can you live on a cruise ship? Yes, and here’s how much it costs

Austin Wells loves to travel the world. But he doesn’t like long flights, jet lag or an unsettled routine. And that’s why, Wells, who is 28 and lives in San Diego, leased a residence on board a luxury boat that he will move into — and work remotely from — …

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Jim Cramer says he expects ‘many layoffs’ at companies after Christmas

CNBC’s Jim Cramer on Tuesday predicted that more companies will trim their workforces after the holiday season. “I’m sure there’ll be many layoffs after Christmas. I don’t want to finger-point at the retailers who’re most likely to be thrown into bankruptcy when the holidays are over, but I do want …

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I like Advanced Micro Devices over Micron

Nu Holdings Ltd: “I’ve got U.S. financials, which until last Friday were just coming in with a head of steam. And I still like them and I would be a buyer of them, not that.” SGHC Limited: “It is shocking where it is. … It has come down so much.” …

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