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Kellogg shares soar on reports of Ferrero takeover talks
Shares in the US maker of Kellogg’s Corn Flakes have soared after reports that chocolate giant Ferrero is close to buying the firm for about $3bn (£2.2bn).
A takeover deal for WK Kellogg, which makes the Fruit Loops and Rice Krispies breakfast cereals for the North American market, could come as soon as this week, the Wall Street Journal and Financial Times reported.
The Italian owner of the Ferrero Rocher, Kinder and TicTac brands has been expanding in recent years, buying Nestle’s confectionery business and several other food firms.
WK Kellogg and Ferrero did not immediately respond to BBC requests for comment.
WK Kellogg’s shares surged by more than 56% in extended trading in New York on Wednesday after the reports.
The deal could be worth double the firm’s $1.5bn stock market value when ordinary trading ended.
It would see Ferrero taking a dominant position in the US breakfast cereal market.
Founded in 1946, the Italian firm is one biggest players in the chocolate market, with more than 30 brands sold globally.
WK Kellogg has been struggling financially in recent years and has more than $500m of debt.
In 2023, the US breakfast cereals operation was split off from its former parent company’s international and snacks business, which was renamed Kellanova.
The following year, Kellanova, which makes Pringles crisps and Pop Tarts, was bought by confectionery giant Mars for $36bn.
Convenience food firms are facing major challenges as customers shift to healthier options, which has forced them to change the way they operate.
Companies have also seen their costs rise, which has forced some firms to put up their prices.
The industry has also come under pressure from the Trump administration, which has targeted artificial colouring in brands like Fruit Loops as part of its “Make America Healthy Again” campaign.
Kellogg has said it will remove the synthetic colours from cereals eaten in schools by the 2026-27 school year. But it has not yet set a timeline for taking them out of cereals sold to the general public.
The company’s founder, Will Keith Kellogg, is widely considered to be the inventor of corn flakes.
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Wimbledon 2025 live: Novak Djokovic suffers injury scare plus Swiatek vs Bencic score and result
NEW: Novak Djokovic cancels practice session ahead of Jannik Sinner showdown at Wimbledon
The 38-year-old suffered an awkward fall very late on in his quarter-final victory over Flavio Cobolli on Wednesday.
He picked himself up to finish off the four-set victory but admitted afterwards he would likely not know the full effect until Thursday, and the signs did not appear positive when Djokovic first delayed and then cancelled his scheduled practice session at the All England Club.
Kieran Jackson10 July 2025 18:28
Alex Pattle10 July 2025 19:00
Swiatek breezes past Bencic and into her first final at Wimbledon
Report from Centre Court:
Alex Pattle10 July 2025 18:49
Swiatek is asked what music she listened to on her way onto court
Swiatek: “Same as every time, I like to keep my routines, so there’s some AC/DC, Guns ‘N’ Roses, Led Zeppelin, the Rolling Stones.
“Yeah, I mean, before the match [I like rock music]. Everybody’s asking me if I listen to that all the time, they keep buying me vinyl records and everything.
“And I’m like, ‘Guys, if I would listen to that all the time, I wouldn’t be able to sleep,’ so it’s just pre-match, just to pump myself up.
“But off the court, when I don’t compete, I’m more of a pop, jazzy, something, I don’t know…”
Alex Pattle10 July 2025 18:20
Swiatek speaks after reaching first Wimbledon final
Swiatek: “Honestly, I never even dreamt that it’s gonna be possible for me to play in the final.
“So, I’m just super excited and just proud of myself, and I don’t know… Tennis keeps surprising me.
“I thought I lived through everything, even though I’m young. I thought I’d experience everything on the court, but I didn’t experience playing well on grass, so that’s the first time, so I’m just enjoying it.
“Every opponent is different, so every match I also need to adjust my game, but for sure I feel like I improved my movement, and I’m serving really well.
“And I feel really confident, so I’m just going for it – and for sure it’s working, so I’ll keep doing that.”
Alex Pattle10 July 2025 18:17
GAME, SET AND MATCH! SWIATEK BOOKS FINAL SPOT
Bencic gets ahead at 15-0, but Swiatek turns the game around for 15-30.
The former world No 1 then drags a forehand into the net, 30-30.
But she brings up match point on the next go…
Saved! Credit to Bencic, who bravely takes on a forehand. Somehow, Swiatek gets it back, and the next shot, but Bencic eventually slams home a smash. Deuce.
A slight slip from Bencic, and she nets a backhand. Another match point for Swiatek…
TAKEN! A winner, past a stranded Bencic, and Swiatek reaches her first Wimbledon final!
She bagels Bencic in the second set, wow.
Alex Pattle10 July 2025 18:13
Bencic really struggling here
Swiatek races up to the net, then pings a forehand just inside the baseline. Bencic’s return effort is valiant, but the ball floats narrowly long. 0-15.
Bencic with a better serve this time, and Swiatek’s return is nowhere. 15-15. Same again! 30-15.
The pair exchange backhands on the next point, before Swiatek puts a forehand near Bencic in the corner. Although it’s close to her, it slightly wrongfoots her, and Bencic bows her head as she’s beaten. 30-30.
Swiatek’s next return fails to beat the net, though. 40-30.
Swiatek saves one game point by pushing Bencic into the corner, where the Swiss stretches and can’t get much on her backhand. Deuce.
Double fault, and Swiatek has a break point on advantage… Saved! Swiatek’s forehand in the corner is just wide.
But more poor serving gives Swiatek a break point again, which she takes with a powerful forehand in the corner. Again, Bencic just can’t get anything on it.
Alex Pattle10 July 2025 17:55
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Judge blocks Trump’s order restricting birthright citizenship
CONCORD, N.H. — A federal judge in New Hampshire granted class-action status Thursday to a lawsuit seeking to protect babies who would be denied birthright citizenship by the Trump administration and granted a temporary block of the president’s order restricting birthright citizenship from going into effect throughout the country.
The suit was brought on behalf of a pregnant immigrant, immigrant parents and their infants and had sought class-action status for all babies and their parents around the country who would be affected by the executive order.
Cody Wofsy, the plaintiffs’ lead attorney with the American Civil Liberties Union, argued for class-action status in front of U.S. District Judge Joseph Laplante on Thursday morning, saying that the plaintiffs would suffer irreparable harm by being denied birthright citizenship, a claim the judge found credible.
Laplante ordered that class-action status be certified in the case but only for the babies who would be affected by the restrictions, not for the parents.
The judge also ordered a preliminary injunction temporarily blocking President Donald Trump’s order from going into effect, but stayed his order for seven days, allowing the government time to appeal.
“This is going to protect every single child around the country from this lawless, unconstitutional and cruel executive order,” Wofsy said at a news conference after the hearing.
Attorneys for the Department of Justice had argued that the relief the plaintiffs were seeking was too broad and challenged whether the requirements for class-action status had been met. The department also argued that the request for the preliminary injunction and class status were premature and argued for time to appeal.
Laplante said during Thursday’s court hearing that depriving a person of the longstanding right of birthright citizenship was “irreparable harm” and that birthright citizenship was “the greatest privilege that exists in the world.”
The White House did not immediately respond to a request for comment on the judge’s order.
Before Thursday’s hearing, White House spokesperson Abigail Jackson told NBC News: “The Trump Administration is committed to lawfully implementing the President’s Executive Order to protect the meaning and value of American citizenship and which restores the Fourteenth Amendment to its original intent.”
After the hearing, the Department of Justice referred NBC News to a previous statement from Attorney General Pam Bondi last week that followed another judge’s order in a separate immigration case, saying a “rogue district court judge is already trying to circumvent the Supreme Court’s recent ruling against nationwide injunctions.” Bondi added in that statement, “the American people see right through this” and that Department of Justice attorneys will continue to fight for Trump’s agenda to secure the U.S. border.
That statement from Bondi on July 2 was in reference to a judge in Washington, D.C., blocking Trump’s asylum ban at the U.S.-Mexico border last week, saying the president had exceeded his authority.
The hearing comes as the ACLU and other organizations filed a new round of lawsuits in late June that seek class-action status after the Supreme Court limited the ability of judges to block orders nationwide through other means, known as nationwide injunctions.
The Supreme Court did not decide on the merits of the Trump administration’s birthright citizenship order, but said it could begin to go into effect on July 27, barring further action from the courts.
Under Trump’s plan, birthright citizenship would be limited to those who have at least one parent who is a U.S. citizen or permanent resident. The order also denies citizenship to children whose mothers are temporarily in the United States, including those visiting under the Visa Waiver Program or as tourists, or who are students and whose fathers are not citizens or lawful permanent residents.
That is at odds with the widely accepted understanding of the Constitution’s 14th Amendment, which grants citizenship to anyone born in the United States, with a few minor exceptions.
In a written order issued Thursday, Laplante wrote that the court certified class action status to the following group when issuing the nationwide block of Trump’s birthright citizenship order: “All current and future persons who are born on or after February 20, 2025, where (1) that person’s mother was unlawfully present in the United States and the person’s father was not a United States citizen or lawful permanent resident at the time of said person’s birth, or (2) that person’s mother’s presence in the United States was lawful but temporary, and the person’s father was not a United States citizen or lawful permanent resident at the time of said person’s birth.”
“Every court to have looked at this cruel order agrees that it is unconstitutional,” Wofsy, the deputy director of the ACLU’s Immigrants’ Rights Project, said in a statement announcing the lawsuit in late June. “The Supreme Court’s decision did not remotely suggest otherwise, and we are fighting to make sure President Trump cannot trample on the citizenship rights of a single child.”
Devon Chaffee, executive director of the ACLU of New Hampshire, said in the statement at the time: “This executive order directly opposes our Constitution, values, and history, and it would create a permanent, multigenerational subclass of people born in the U.S. but who are denied full rights. No politician can ever decide who among those born in our country is worthy of citizenship — and we will keep fighting to ensure that every child born in the United States has their right to citizenship protected.”
Shortly after taking office in late January, Trump issued an executive order limiting birthright citizenship, which he called “Protecting the Meaning and Value of American Citizenship.”
As a result, nearly two dozen states have filed lawsuits arguing that the order violates the 14th Amendment, which says: “All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside.”
The Supreme Court’s decision last month restricted judges’ authority to block presidential orders nationwide, as opposed to just within their jurisdictions. But it allowed judges to issue such nationwide decisions in class-action cases, leading immigrant rights organizations and others to file several additional legal challenges to the birthright citizenship order that are now moving through the courts.
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Wimbledon women’s semifinals: Live updates, highlights as Amanda Anisimova advances to final with a win over Aryna Sabalenka, Iga Świątek tries to punch ticket
The last four competitors in the women’s singles tournament at Wimbledon are set as the semifinalists take the court on Thursday. With spots in the championship match on the line, Aryna Sabalenka, Amanda Anisimova, Iga Świątek and Belinda Bencic will take the prestigious Center Court.
Anisimova became the first of that group to punch her ticket to the final with a 6-4, 4-6, 6-4 win over Sabalenka. It was a fantastic, back-and-forth match, but Anisimova came out on top in the end.
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The American relied on a fantastic serve, which registered just two aces, but put Sabalenka in tough positions all game. While Anisimova showed signs of frustration and poor body language during the match, she recovered enough to take a huge 4-1 lead in the final set. While Sabalenka battled her back, that gap proved to be too big. Anisimova pulled out a narrow 6-4 win in the final set to advance to her first Wimbledon final in her career.
Whoever wins the second match will be in the same position. None of the four semifinalist had ever reached the final at Wimbledon. Anisimova broke that streak with a win in the first match. Who will join her in the final?
It could be No. 8 Świątek, who has been dominant so far in this tournament, winning 10 of 11 sets decisively in search of her 22nd WTA singles title and a sixth major to add to her four French Open titles, plus one US Open win. Switzerland’s unseeded Bencic has scraped her way to the semis in a tournament that has been marred by upsets. Apart from her first-round win over Alycia Parksa, Bencic has navigated a tightly-contested route to the semis, with two of her matches seeing a third set. She upset No. 7 Mirra Andreeva to advance to Thursday, and currently has a WTA ranking of 34.
How to watch the Wimbledon women’s singles semifinals
Date: Thursday, July 10
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Belinda Bencic-Iga Świątek time: 9:40 a.m. ET
Location: Center Court | All England Lawn Tennis and Croquet Club, Wimbledon, London
TV channel: ESPN | ESPN+ | Disney+
Follow along with Yahoo Sports for live updates, highlights and more from the Wimbledon women’s singles semifinals:
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