New York (CNN) — Nutella maker Ferrero Group is buying cereal giant WK Kellogg Co in a $3.1 billion deal.

Reuters Kellogg's Corn Flakes cereal is displayed at a grocery store, as WK Kellogg agreed to be bought by Ferrero in a deal worth around $3.1 billion, in Encinitas, California, U.S. July 10, 2025 ...

New Yorks (CNN) — Shares of WK Kellogg, the cereal maker behind Froot Loops and Frosted Flakes, skyrocketed as high as 50% after the Wall Street Journal reported Wednesday that Ferrero was ...

Shares of Ray-Ban maker EssilorLuxottica almost 6% on Wednesday on reports that Meta has taken a minority stake in the company amid growing appetite for AI-powered wearable devices.

CNBC’s Scott Cohn joins 'Money Movers' to offer more hints to CNBC's Top States list.