BlackRock Enters the Gun Debate, General Mills is Buying Blue Buffalo for $8 Billion

BlackRock, the world's largest asset manager, says it's going to talk with gunmakers about the Parkland school shooting. The company wants “to understand their response” to the recent tragedy. In a statement provided to Cheddar, BlackRock said the following: “We are working with clients who want to exclude from their portfolios weapons manufacturers or other companies that don’t align with their values." The firm manages nearly $6 trillion for various clients. In other news, General Mills is buying natural pet food maker Blue Buffalo for $8 billion in cash. Shares of Blue Buffalo surged more than 15% on the news. This marks the first time General Mills has broken into the pet food industry. The deal is expected to be finalized at the end of this year.

More In Business

Inside Aeva's New Deal with Nvidia

Aeva CEO Soroush Salehian breaks down what the NVIDIA partnership signals for autonomous vehicles and the future of automation.

Inside Goodwill’s Retail Reinvention: Why People Can't Stop Thrifting

David Eagles, COO of Goodwill Industries International, explains how resale, culture shifts, and economics are fueling a secondhand boom.

Your 2026 Money Reset Starts Now

Personal finance reporter Oyin Adedoyin of The Wall Street Journal breaks down the smartest moves to reset savings, debt, and spending.

A Housing Fix or a Political Play? Trump Targets Institutional Buyers

Jeff Ostrowski, Housing Market Analyst at Bankrate, analyzes whether banning corporate buyers would help affordability or worsen supply shortages.

Big Business This Week: Will pressure on Fed chair Powell backfire?

The last 12 months have seen an extraordinary change in the way the U.S. economy works. Some analysts say that hasn’t been working out very well.

Oil Under U.S. Control? Breaking Down the Maduro Capture and Market Impacts

The U.S. is asserting control over Venezuelan oil after capturing President Maduro. Energy reporter Ben Geman of Axios breaks down what it means for markets and

From Stigma to Strategy: The Next Chapter for U.S. Cannabis Investing

Renewed investor interest and possible federal reforms may mark a turning point for U.S. cannabis. AdvisorShares’ Dan Ahrens explains what’s next.

Is Silver the Next Gold? Expert Predicts Historic Rally Ahead

Silver is back in the spotlight as supply constraints, surging industrial demand, and macro trends push prices high, possibly heading toward $100/ounce.

Is the U.S. Job Market Losing Steam? Inside the “Stall Speed” Economy

With paid job posts down 13%, LinkedIn’s Kory Kantenga explains what the latest labor data signals for workers and employers.

How Insomnia Cookies Turned Late-Night Cravings into a Global Business

What started in a college dorm is now a cookie empire. Insomnia Cookies CEO Seth Berkowitz talks scale, strategy, and staying sweet.

Load More