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.
Supreme Court majority appears skeptical of allowing Holocaust survivors to sue Hungary in US courts
A majority of the Supreme Court on Tuesday appeared skeptical that Holocaust victims and their families are permitted to haul Hungary into American courts to recover property stolen during World War II, with several justices fearing that would open the United States up to a flood of similar litigation from abroad.