Global cola icon, a privately held beverage company’s flagship product
Berkshire Hathaway has reported a third-quarter profit of $22.11 billion while operating earnings have declined about 6% to $12.71 billion. The conglomerate is accelerating stock buybacks, repurchasing $9.6 billion in the quarter, with total cash holdings around $377.4 billion. Insurance underperformance contrasts with strength in rail, energy, and manufacturing units.
Most Valuable Promotions has merged with the Professional Fighters League to create a single combat-sports company led by MVP founders Jake Paul and Nakisa Bidarian, with PFL CEO John Martin on the board. The combined group will bring together nearly 300–400 fighters, combine boxing and MMA rosters, and keep broad global media partnerships including Netflix and ESPN.
Canada and the United States have resumed intensive talks to avert steep US tariffs that could take effect this week. Ottawa has offered concessions, including removing a retaliatory auto tariff, while Washington has pressed provinces to lift bans on US alcohol and pushed demands on market access and content rules for autos. Negotiators are still finalising details.
Berkshire Hathaway has reduced its cash pile to $365.5 billion and heavily increased stock buybacks and equity purchases in Q2 under new CEO Greg Abel, signaling a shift in capital allocation while Buffett remains involved as chairman.
A Guardian report shows the food and drink industry has filed hundreds of lawsuits since 2010 to slow government measures against ultra-processed foods. Led by Coca‑Cola, PepsiCo and Mondelez, the litigation totals 595 years and accompanies warnings from the WHO about health costs. The industry argues moderation but evidence links ultra-processed foods to rising obesity and diet-related disease.
A curated selection of playful decor pieces is redefining livable luxury, blending bold pastels with eclectic furnishings. Designers say whimsy brings personality, while careful layering keeps spaces polished rather than kitschy.
Independent and New York Post report recalls and new menus; Chick-fil-A is adding Chicken & Waffles Sandwiches and S’mores drinks in a fall line-up, while McDonald’s is reviving Spicy Chicken McNuggets and Mighty Hot Sauce, alongside new desserts and fizzy drinks.
A UK study finds most pouch-based baby foods do not meet guidelines for complementary foods, showing high sugar and salt levels and misleading labeling. Regulators are urged to tighten rules and consider mandatory standards to protect infant health; the research covers 298 products across six supermarkets.
Berkshire Hathaway has expanded its Alphabet stake and outlines how it plans to use energy assets to support hyperscale computing, while facing renewed community resistance to data-centre projects. Abel says Berkshire will sell energy to AI customers only if it wouldn’t raise costs for other customers, and Buffett’s Alphabet investment continues to loom large as AI reshapes the portfolio.
Investors have pushed new biotech winners — from Novo Nordisk’s semaglutide pill to startups tackling baldness and targeted autoimmune drugs — while market enthusiasm has cooled for some forecasts. Novo Nordisk has released a daily weight‑loss pill used by over 1.5 million people; hair‑loss startups have sent small caps soaring; India’s low‑cost GLP‑1 generics have underperformed expectations.
Independent reports that experts advise parents to use Junior ISAs rather than Premium Bonds, with guidance on cash vs stocks and shares JISAs, annual limits, and potential returns; examples include Santander 123 Mini bonuses and practical tips from Holly Mackay of Boring Money.
A UK study involving nearly 1 million adults has found that drinking beverages at very hot temperatures is associated with a higher risk of esophageal squamous cell carcinoma (SCC). The risk rises with frequency, but overall numbers remain small. Experts urge cooling drinks before consumption and maintaining other protective habits.
Saphier has been nominated to serve as surgeon general. She is navigating questions about vaccine policy, credentials, and potential conflicts of interest as lawmakers scrutinize her readiness to lead public health messaging.
Warren Buffett has stepped down as chairman of Berkshire Hathaway and has become chairman emeritus, remaining on the board. His son, Howard Buffett, has become non-executive chairman while Greg Abel continues as chief executive. The move completes a long‑planned succession more than nine months after Buffett handed the CEO role to Abel.
Lawsuits allege McDonald’s uses an AI-augmented pricing system that shares nonpublic sales data across franchises to set menu prices, a claim McDonald’s denies, saying pricing decisions remain with franchisees. The suit seeks class-action status and damages.
The Justice Department has opened an antitrust inquiry into whether the five-network White House TV pool violated the Sherman Act after the pool paused coverage in protest of the administrations temporary ban on CNN, MS NOW and Politico. A federal judge has restored the outlets White House credentials, but CNN says the White House is still excluding it from Air Force One and pool duties and has warned it will return to court. (As of Wed, 28 Oct 2026 13:39:50 +0000)
The Medway West branch of a pet charity has launched a low-cost clinic to provide affordable care for pets of people on low incomes or benefits. The service aims to keep animals at home while reducing vet costs, with the branch noting high demand and a growing pet food bank
KFC US will shift from PepsiCo to Coca‑Cola beverages starting January, with full rollout by Q1 2027. International KFC locations will keep PepsiCo drinks. Taco Bell and KFC international stores will also serve Coca‑Cola products.
A series of royal-portraits commissioned by Coca-Cola GB features independent business owners, including a Barnsley fish shop owner and Glasgow café proprietor, painted by renowned portraitists with royal connections. The exhibition, Local Royalty, goes on display at the Saatchi Gallery in London, underscoring the role of small, local businesses in communities.