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Woman sues after Mac and Cheese took longer than 3.5 minutes to cook

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A federal judge dismissed a $5 million class action lawsuit against Kraft Heinz, in which consumer Amanda Ramirez accused the company of deceptive marketing regarding the preparation time of its microwavable macaroni and cheese.

Judge Beth Bloom ruled that Ramirez lacked standing to pursue the lawsuit or demand changes to Kraft Heinz’s packaging. Ramirez objected to the packaging claiming that the macaroni and cheese would be “ready in 3-1/2 minutes” because it failed to account for the time needed to remove the lid, add water, and stir in the cheese sauce pouch.

However, Judge Bloom noted that Ramirez never claimed she couldn’t eat the product or even attempted to cook the Velveeta Shells & Cheese she purchased.

Furthermore, the judge found no evidence of a potential future injury since Ramirez now understands that the 3-1/2 minutes only refer to the microwave cooking time, as clearly stated on the packaging.

Ramirez argued that the product was sold at a premium price of $10.99 for eight 2.4-ounce cups, and she wouldn’t have purchased it if she had known the accurate preparation time.

Nonetheless, the court sided with Kraft Heinz, and neither Ramirez’s lawyers nor the company and its legal team immediately responded to requests for comment.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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