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SUMMARY:

The Watkins Co. plans to acquire Sauer Brands’ spice and seasoning business. The deal includes Sauer Brands’ iconic Richmond facility. The companies expect the deal to close by the end of September.

Sauer Brands, which is headquartered in Richmond, has entered into a definitive agreement...


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Sept 11 (Reuters) – Wall Street ended higher on Friday as oil prices retreated and strong consumer price data reinforced expectations the Federal Reserve will raise interest rates next week to fight inflation.

AI server maker Dell soared to a record high, while Hewlett Packard Enterprise and HP also rallied after Oracle’s quarterly results topped estimates. Oracle shar...


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Summary: CPI increased 0.4% in August, matching expectations Gasoline prices jumped 3.9% after two declines Fed rate hike odds rose to 87% for next meeting

WASHINGTON, Sept 11 (Reuters) – U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing expectations ...


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Summary: US diesel price hits record high above $6 a gallon Saudi crude supply falls to lowest level in over three decades Iran attacks 10 ships near strait of Hormuz escalate tensions

HOUSTON, Sept 11 (Reuters) – Oil prices fell on Friday but remained on course for a weekly gain of more than 9%, while U.S. diesel prices hit a record high as a...


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Sept 11 (Reuters) – U.S. health authorities on Friday declared the nation’s largest recorded multistate cyclosporiasis outbreak over, after contaminated iceberg lettuce sickened thousands, though the FDA said it is still probing how the parasite entered the food supply.

The outbreak, which federal investigators linked to lettuce from central Mexico sourced by Taylor Fa...


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