American corporation Mars announced a change in the name of its brand Uncle Ben's. Now it will be called Ben's Original, and the image of "Uncle Ben", which was part of the logo, will also be removed from the packaging. This is due to the racist connotations of such a name, as well as the logo of the brand, under which rice and sauces have been produced since 1943. “We are aware of the...

Former McDonald's CEO Steve Easterbrook believes that the company has no right to seek the return of severance pay, since he has complied with all the terms of the agreement signed upon leaving. This was stated by one of his lawyers. According to him, this agreement contained many conditions, including refusal to work for competitors in the next two years, a ban on public criticism of the...

Illumina, a US biotechnology company, buys Grail, a cancer early detection system. The deal is worth $ 8 billion, with $ 3.5 billion to Grail shareholders to receive in cash, and the remaining $ 4.5 billion in Illumina shares. Illumina, created back in 1998, specializes in products and services for genetic analysis, sequencing, etc. Grail was created by Illumina itself in 2016 as an independent...

Music streaming service Spotify has accused American company Apple, which unveiled Apple One subscriptions the day before, of unfair competition, Reuters reported, citing a statement from Spotify. On September 15, Apple announced as part of its presentation that it is developing a subscription package called Apple One, which will include TV + along with discounted access to other services such as...

Eastman Kodak shares rose 36% after the start of trading on Wednesday - the reason for the increase was the publication of a report by a special committee that examined the possible premature disclosure of information about the company's loan from the US authorities. The committee, although it found several omissions, concluded that no laws or company policies had been violated. Recall that at...

Californian pharmaceutical company Gilead Sciences confirmed its plans to buy anti-cancer drug maker Immunomedics (New Jersey) by officially announcing the agreement. The transaction amount is $ 21 billion, the payment will be made in cash. The terms of the merger have already received unanimous approval from the boards of directors of both companies, and the transaction is scheduled to be closed...

Chinese company ByteDance will not sell its TikTok social network to Microsoft. This was reported by the American corporation. Sources of Reuters and The Associated Press (AP) said ByteDance plans to sell the social network to Oracle Corp. Previously, Twitter was also named among potential buyers. “ByteDance informed us today that they will not sell the US segment of TikTok to Microsoft. We are...

American video service Netflix Inc has appointed Bela Bajaria as the head of the new division of global television, writes Bloomberg. She will be responsible for all Netflix production in both English and other languages. Bajaria, who joined the company in 2016 and previously was in charge of international content, was promoted to replace Cindy Holland, who has been at Netflix for 18 years....

French luxury goods maker LVMH Moet Hennessy Louis Vuitton SE will not be able to complete the purchase of American Tiffany & Co in accordance with the agreement concluded in November 2019, the French company said in a press release. LVMH's board of directors considered an appeal from the French Foreign Ministry, which asked the company to postpone the completion of the purchase until 2021...