Madness At The Grocery Store

Hershey CEO Says GLP-1 Boom Fuels Demand For Gum And Mints Hershey reported first-quarter sales and earnings that exceeded Bloomberg-tracked analyst expectations, driven by higher candy prices and resilient consumer demand. Beyond the earnings report, CEO Kirk Tanner made one very notable comment in prepared remarks: demand for gum and mints remains strong, with the category benefiting from "functional snacking" tailwinds tied to GLP-1 adoption. "We've also seen strong demand for gum and mint products as the category benefits from functional snacking tailwinds, including GLP-1 adoption," Tanner said. GLP-1 drugs suppress appetite and...

NOAA OKs First Deep-Sea Mining Plan For Critical Minerals In Pacific Ocean Authored by Jill McLaughlin via The Epoch Times, The Trump administration approved on May 1 its first deep-sea critical minerals exploration application, submitted by North Carolina-based deep-sea mining explorer The Metals Company USA (TMC). The company expects to find millions of tons of nickel, copper, cobalt, and manganese on the sea floor needed in the United States for electric vehicle batteries, infrastructure, and national defense systems. TMC applied for the 10-year license last year after President Donald Trump ordered the National...

Xi Urges Immediate Opening Of Hormuz Strait For First Time, In Call With Saudi Crown Prince China's President Xi Jinping on Monday demanded the uninterrupted passage of vessels through the Strait of Hormuz in a phone call with Saudi Arabia's Crown Prince Mohammed bin Salman, state news agency Xinhua reports. He urged the normalization of shipping traffic after about 50 days of disruption which obviously and significantly impacts Chinese oil imports. "Normal navigation through the Strait of Hormuz should be maintained, this is in the shared interests of regional countries and...