ACT test maker enables overseas links despite cheating concerns
The ACT exam maker ACT Inc of Iowa City continues partnerships with overseas test prep operators amid cheating concerns. Seoul Scholars International in Korea, tied to a test prep company promising big score gains, was approved to administer ACT. ACT Club in China promotes prep classes and partners with University of Macau for exams. officials say centers must not run prep services though questions about relationships remain.
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Mondelez pivots to U S Oreo candy bars in push for chocolate market
Mondelez International abandons Hershey bid and plans Oreo branded candy bars in the United States using Milka chocolate. The Deerfield based company will roll out the product in October and nationwide in 2017 along with Green and Black s, aiming to grow a weak U S candy business while keeping its creme filled Oreo flavor.
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Fed sees modest growth amid inflation in Beige Book
The Beige Book shows U S economy expanding at a modest pace in July and August as a tight labor market limits wage growth and price increases. Contacts report modest future wage and price pressures, with real estate and construction noting election-related uncertainty and overall consumer spending little changed while employment expands moderately in major districts.
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