Weak pound is hitting spending rather than boosting UK trade | Larry Elliott

The downside to a weak pound is immediately apparent because imports get dearer and foreign holidays get more expensive. With sterling at its lowest level for eight years, there have been plenty of horror stories of travellers from the UK being gouged by foreign...

Hershey Trust to sell 4.5 million shares of Hershey Co.

Hershey Trust Co., the charitable trust which controls chocolate maker Hershey, said on Wednesday it would sell 4.5 million shares of Hershey’s common stock. The trust said it would sell 3 million Hershey’s shares to Morgan Stanley and an additional 1.5...