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Hershey's chocolate is about to get more expensive.The candy company is planning to raise the prices of a fifth of its products by about 2.5%, Hershey reiterated on Thursday. The changes will go into effect next year.One of many companies getting squeezed by rising commodity and shipping costs, Hershey hopes higher prices will offset those costs without scaring away customers.Hershey (HSY) first said that it would raise prices over the summer, citing rising operational costs. "Our new pricing approach is much more precise," said CEO Michele Buck at the time.Chief Financial Officer Patricia Little said on Thursday that Hershey started feeling the impact of higher freight and logistics last year."I don't expect that to change going forward into next year," she said.The company is doing more than just increase prices to drive growth.Hershey is investing in digital to keep impulse shopping alive online. It's also introduced new products like Hershey's Gold, a "caramelized creme" bar with pretzels and peanuts baked inside, and Reese's Outrageous, a peanut butter chocolate bar with Reese's candy inside.Next year, the company will introduce Reese's Thins, a 40% thinner Reese's peanut butter cup.Plus, the company has been scooping up healthier brands, including Pirate Brands, which makes Pirate's Booty, Smart Puffs and Original Tings.Last year, Hershey's bought Amplify Snack Brands, which makes SkinnyPop popcorn and Oatmega whey-protein bars, for .6 billion. Pirate Brands will operate within Amplify's hub in Austin, Texas.The acquisitions boosted sales in the third quarter. Sales increased by 2.9% in the three months that ended in September compared to the same period last year.The-CNN-Wire 1721
GARDENA, Calif. (KGTV) - Gardena Police are thanking the UPS workers and customers who stopped a robbery in progress outside a UPS Store.Two men approached the victim as he walked outside the store September 7. Police said the men knocked the victim with a ground, struck him with a crowbar, and tried to take his property.Police credit UPS employees and customers for scaring off the robbers.The victim was not seriously hurt.The attackers, who drove away in a white van, have not been caught. 508

GRAND JUNCTION, Colo. — The Pine Gulch Fire in Colorado broke a record Thursday evening, becoming the largest wildfire on record in the state.The blaze is now 139,006 acres in size and 77% contained, according to the Rocky Mountain Incident Management Team. 265
Given today’s announcement by the NFL and the Washington team’s ownership, we are discontinuing the sale of items that reference the team’s name and logo. https://t.co/LtT7m7H3we— Walmart Inc. (@WalmartInc) July 3, 2020 227
Happy Bobby Bonilla Day, New York Mets fans.The former major league baseball player gets a check for nearly .2 million Mets every July 1.Not a bad retirement plan.Under his contract, he gets the check every year until 2035, when he'll be 72.The Mets wanted to part ways with Bonilla in 1999, but he still had million left on his contract.Mets owner Fred Wilpon negotiated a deal to defer payments until 2011, followed by the annual payments, plus, an 8% annual interest rate.Why the deferment?So the Mets could invest the money with now-disgraced financier Bernie Madoff for a big return.But it turned out Madoff was running the most notorious Ponzi scheme in history, and the Mets ended up among the victims.In total, Bonilla will end up with .8 million because of Wilpon's huge bad call.And in 2012, Wilpon paid 2 million to Madoff victims' fund after auditors found he actually profited from the Ponzi scheme. 931
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