Nestlé's prices rose 5% in the first quarter. There's more to come
CNN
Nestlé, the world's biggest food and drinks company, raised prices by more than 5% in the first three months of this year as it passed on rising costs to shoppers.
Consumers in North America took the hardest hit, with an 8.5% rise in prices, the company said in its first-quarter earnings report Thursday. Latin America saw the second-biggest increase, with the price of Nestlé products rising 7.7%.
CEO Mark Schneider signaled that more increases are on the horizon.
The two men killed as they floated holding onto their capsized boat in a secondary strike against a suspected drug vessel in early September did not appear to have radio or other communications devices, the top military official overseeing the strike told lawmakers on Thursday, according to two sources with direct knowledge of his congressional briefings.
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Defense Secretary Pete Hegseth risked compromising sensitive military information that could have endangered US troops through his use of Signal to discuss attack plans, a Pentagon watchdog said in an unclassified report released Thursday. It also details how Hegseth declined to cooperate with the probe.