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Nestle Shares Plunge Most Since Dot-Com Bust As Weak Volume Shatters High Hopes Of Turnaround
Nestle Shares Plunge Most Since Dot-Com Bust As Weak Volume Shatters High Hopes Of Turnaround
Nestlé shares in Switzerland tumbled the most in 24 years after North American sales volumes unexpectedly contracted, undercutting investor confidence in CEO Philipp Navratil's turnaround efforts.
Organic sales rose a better-than-expected 3.7% in the second quarter, but real internal growth in North America fell 0.6%, while an infant formula recall and the Gulf conflict weighed on operations.
"Given the rally, we don't think the real internal growth print is quite good enough and expect some profit taking,"...
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Jun 20, 2026 / Tyler Durden
"It's That Bad": Virginia Residents Battling Constant Noise From Data Center Generators
"It's That Bad": Virginia Residents Battling Constant Noise From Data Center Generators
For more than a year, residents living next to the Vantage Data Centers facility have endured what they describe as a constant, high-pitched whining or ringing sound coming from the site's massive backup generators - the facility's only source of electricity.
An aerial view of the Vantage data center in Sterling, Va., which abuts a residential neighborhood. (NewsNation)
Unlike most data centers connected to the power grid, this facility runs entirely on its own on-site power plant. What residents were...
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May 28, 2026 / Tyler Durden
Tony Blair Calls For UK To Get Closer To Trump And Ease Climate Change Targets
Tony Blair Calls For UK To Get Closer To Trump And Ease Climate Change Targets
Authored by Rachel Roberts via The Epoch Times,
Former British Prime Minister Tony Blair, who led the Labour Party to three election victories, said the government should repair its relationship with the United States rather than look to rejoin the European Union.
Blair, who remains a deeply divisive figure within the party, published an essay on Tuesday amid a crisis engulfing Prime Minister Keir Starmer, with a leadership challenge widely expected by September.
The influential former premier, who...
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Apr 28, 2026 / Dave DeCamp
Israeli Strike Kills Nine-Year-Old Boy in Southern Gaza
An Israeli strike in southern Gaza on Tuesday killed a nine-year-old boy, according to the Palestinian news agency WAFA, as the Israeli military continues its constant violations of the US-backed ceasefire deal. The boy, identified as Adel Al-Najjar, was killed when an Israeli aircraft targeted Khan Younis. Photos show Palestinians mourning him during a funeral […]
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