The Ferrero Group said Thursday it will buy WK Kellogg Co. in a deal valued $3.1 billion, expanding the Italian food giant's global reach. Kellogg, which was founded in Battle Creek, Michigan, in 1906, is known for brands including Corn Flakes, Froot Loops, Rice Crispies and Special K. Ferrero's brands include Nutella and Rocher chocolates.

WK Kellogg Co’s headquarters is in Battle Creek. After the transaction closes, Battle Creek will remain a core location for the company and will be Ferrero’s headquarters for North America cereal, a news release from WK Kellogg states.

President Trump will wield 50% copper tariffs on August 1 as he promises more to come with countries such as Brazil in the crosshairs. Delta’s good news, Nvidia scores the first $4 trillion market cap milestone,

Nvidia rises and pushes its market capitalization north of $4 trillion. It’s the first U.S. firm to reach and close above that level. Delta’s earnings beat analysts’ estimates.

Shares of WK Kellogg ( KLG 30.57%) charged sharply higher Thursday, surging as much as 33.7%. As of 10:40 a.m. ET, the stock was still up 33.6%. The catalyst that sent the iconic cereal maker soaring was news that the company would be taken private.

Keith Kellogg, US President Donald Trump's special envoy for Ukraine, has spoken on behalf of the US administration about the expectations for Ukraine's post-war recovery. Source: European Pravda, reporting from the Ukraine Recovery Conference (URC-2025) in Rome Details: Kellogg emphasised that the US supports large-scale investment in Ukraine after achieving a stable truce but stressed that recovery is not solely about financial issues.

Quick was charged with control of a firearm as a felon (Class D felony), animal abuse (aggravated misdemeanor), possession of marijuana-second offense (serious misdemeanor) and possession of drug paraphernalia (simple misdemeanor). Quick had a bond of $8,300 but it reduced to $5,000.