The car trader that recently shifted to bitcoin mining said a group wants to buy a controlling stake from Cango's ( CANG ) co-founders Cango Inc. ( CANG ) (CANG.US) said on Friday it has been approached by an investor interested in taking control of the company, representing the first such bid since its pivot late last year from car trading services to...

(Reuters) - PepsiCo ( PEP ) said on Monday it would buy prebiotic soda brand Poppi for $1.95 billion, expanding in the healthier soda category. Demand for healthier sodas and energy drink has surged among the younger population in the U.S. as more people turn to fitness and lifestyle products. Poppi, based in Austin, Texas, was founded by Allison Ellsworth...

08:44 AM EDT, 03/17/2025 (MT Newswires) -- Perimeter Medical Imaging AI ( PYNKF ) on Monday said it has submitted a pre-market Approval (PMA) application to the U.S. Food and Drug Administration (FDA) for its next-generation imaging system. The Perimeter B-Series OCT system combines artificial intelligence technology with optical coherence tomography (OCT), for use during breast-conserving surgeries in the United...

08:45 AM EDT, 03/17/2025 (MT Newswires) -- Consumer stocks were flat to lower pre-bell Monday with the Consumer Discretionary Select Sector SPDR Fund (XLY) inactive and the Consumer Staples Select Sector SPDR Fund (XLP) recently down 0.5%. Tyson Foods ( TSN ) and other US meat producers are in danger of losing billions of dollars in Chinese revenue after Beijing...