Hostess Wins Approval for Asset Sales Hostess Brands won permission to sell off the last of its major cake and bread assets, raising total sale proceeds from the baking company's liquidation to about $860 million. More
Twinkies sale approved by judge A bankruptcy judge on Tuesday approved the sale of Twinkies to a pair of investment firms, one of which has said it hopes to have the cakes back on shelves by summer. Hostess Brands Inc. is selling Twinkies, Ding Dongs, Ho Hos and other brands to Apollo Global Management and Metropoulos & Co. More
Twinkies buyer says cakes could return by summer Hostess is moving ahead with plans to sell its Twinkies, and one of the new owners says the spongy cream-filled snacks could be back on shelves by summer. More
Flowers Foods set to buy Wonder bread: source Flowers Foods Inc (FLO.N) is set to buy Hostess Brands Inc's HTBRS.UL bread brands including Wonder bread for $360 million, a source familiar with the matter said on Wednesday, giving the No. 2 U.S. baking company a bigger slice of the fast-consolidating bread business. More
Apollo, Metropoulos near deal for Hostess Twinkies: sources Private equity firms Apollo Global Management LLC and C. Dean Metropoulos & Co are near a deal to buy snack cake brands including Hostess Twinkies and Donettes, two sources familiar with the matter said on Tuesday. More
One Issue That Unites a Divided America—Curbing Excessive CEO Pay | Opinion Nearly half of the country's largest low-wage corporations spent more on CEO pay-inflating stock buybacks than on capital expenditures over the past five years. 09/5/2024 - 12:00 am | View Link
I was promoted too quickly at my Silicon Valley job. Now I'm a CEO, I try not to promote people more than every 2 years. Neha Sampat told BI being promoted three times in four years at Sun Microsystems gave her too much confidence. Moving to a new job felt humbling. 09/4/2024 - 10:47 pm | View Link
Singer, actor, and entrepreneur Selena Gomez has received billionaire status, according to Bloomberg, which added the celebrity to its billionaire index on Sept. 6.
Gomez, 32, rose to fame as a Disney Channel star, acting in popular shows such as Wizards of Waverly Place and movies including Princess Protection Program. She built her music career with hit songs throughout the 2010s, leading to her U.
Russian state media outlet RT is trying to garner US support for Trump, a US intelligence official said. Misha Friedman/ Getty ImagesRussian state media outlet RT is working to sway US voters toward Trump, Reuters reported. RT uses Western influencers to spread Russia-friendly narratives, a US intelligence official said. The US charged two RT employees with money laundering on Wednesday.
When you buy through our links, Business Insider may earn an affiliate commission. Learn moreAryna Sabalenka will compete against Jessica Pegula for the title at the 2024 US Open. Robert Prange/Getty ImagesFollowing two weeks of high-octane play, the US Open women's final has arrived. We've compiled everything you need to know about how to watch Pegula vs.
New Linkin Park singer Emily Armstrong has responded to claims that she previously supported Danny Masterson. Mariano Regidor/Redferns/Getty Images, Mike Coppola/Getty Images for CMTLinkin Park's news that singer Emily Armstrong would be joining the band was met with immediate backlash. Armstrong has been called out for attending a hearing for Danny Masterson before his rape conviction.
Medics provide assistance in a vehicle in Russia's Kursk region in August 2024. Kommersant Photo/Anatoliy Zhdanov via REUTERSUkraine has continued its invasion of Russia's Kursk region, where it is holding territory. An aim as Ukraine's forces ready for a long fight may be to "bleed" Russian troops, an expert said.
Sir Ian McKellen. Dave Benett/Getty ImagesSir Ian McKellen did not hold back while giving his thoughts on the British royal family. Speaking to The Times of London, McKellen called the late Queen "quite rude."He also said that Prince Harry was "probably not bright enough" to have survived royal life. Sir Ian McKellen has said that the late Queen Elizabeth II was "quite rude" and that he was on Prince Harry's side in the current royal rift — despite also taking a swipe at the duke.