kellogg s, the company best known for its cereals like special k and fruit loops, has announced a plan to split itself into three independent public companies. it will its cereal and snack businesses, which also includes pringles crisps, and create a new company for its plant based foods. investors seemed to like the news with kelloggs shares closing 2% higher. america s highest court has delivered a setback to the german chemical maker bayer, which is battling thousands of lawsuits over its weedkiller roundup. bayer is defending claims that it did not offer enough warning of the product s cancer risks. it said the fact that government regulators had approved the product should shield it from liability. but the supreme court has rebuffed the firm s appeal, exposing it to billions of dollars in potential legal claims. jerome powell is set to testify on capitol hill, facing tough questions from constituents about the rising cost of living. many economists believe the american central ban