Mondelez Expects Fewer Price Increases This Year
The maker of Oreo cookies and Sour Patch Kids candy said it doesn’t plan to raise prices further in the...
Consumer Goods
J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court
A federal appeals court in Philadelphia rejected Johnson & Johnson ‘s use of chapter 11 bankruptcy to freeze roughly 40,000...
Memory-Chip Makers Face a Prolonged Price Slump
Prices of the chips are expected to keep falling in the first half of 2023, putting more pressure on an...
WSJ News Exclusive | Beyond Meat’s Chief Brand Officer Beth Moskowitz Leaves Company
Beth Moskowitz departs the plant-based meat alternative pioneer as the company seeks to turn its business around. Source link
Coke, PepsiCo Are Target of Probe by Federal Trade Commission
The agency is investigating potential price discrimination in the U.S. beverage market. Source link
Lululemon Shares Tumble on Profit Warning for Holiday Quarter
The athletic-gear maker’s earnings targets came in below Wall Street’s expectations. Source link
Beer Sales Drop as Consumers Balk at Higher Prices
BusinessU.S. demand for beer fell at the end of last year after a strong run of defying inflation Source link
Samsung Expects Big Drop in Profit on Slumping Tech Demand
High inflation and weak economies hit sales of memory chips and smartphones. Source link
Microsoft Responds to FTC Suit Over Activision Deal
The software giant filed court documents opposing claims that the $75 billion transaction would harm competition in the videogame industry....
Epic Games, Maker of ‘Fortnite,’ to Pay $520 Million to Resolve FTC Allegations
The agency alleged that the company invaded children’s privacy and tricked players of all ages into making unintended purchases. Source...
FTC’s Tussle With Microsoft Puts Spotlight on Cloud Gaming
TechWhile cloud gaming is a small part of the videogame market, industry participants expect it to become more influential Source...
FTC’s Move to Block Microsoft’s Deal for Activision Blizzard Came Despite Charm Offensive
TechThe software giant has said it wouldn’t block rivals from Activision games, but the agency says Microsoft had reneged on...
Lamborghini Looks to the Past as It Plans an EV Future
Luxury car makers are looking for ways to build a bridge between the old world of traditional automotive luxury and...
FTC Sues to Block Microsoft’s Acquisition of Activision Blizzard
The antitrust enforcer sued Microsoft to prevent its planned $75 billion deal for Activision Blizzard, taking one of its biggest...
Microsoft Pledges to Put ‘Call of Duty’ on Nintendo Switch If Activision Deal Is Approved
TechThe move is the software giant’s latest concession aimed at convincing antitrust regulators in the U.S. and abroad to sign...
NRG Energy to Buy Vivint Smart Home for $2.8 Billion
MarketsDealsNRG will look to cross-sell and bundle the two companies’ energy and home-security products Source link
WSJ News Exclusive | PepsiCo to Lay Off Hundreds of Workers in Headquarters Roles
WSJ News ExclusiveBusinessSnacks and beverages giant tells staff it is trimming roles in North America Source link
Tesla Delivers Semi Trucks to PepsiCo, Expanding Beyond Passenger Vehicles
Elon Musk introduced the semitrailer truck five years ago and it was initially due out in 2019. Source link
Thousands of Bottles and Cups for Toddlers Recalled Over Lead Poisoning Risk
BusinessGreen Sprouts recalled 10,500 products after learning the base could detach and expose a piece containing lead Source link
Toy Makers Are Betting on Last-Minute Holiday Shopping to Save the Year
Too many toys are sitting on shelves as the holiday buying season gets under way. Retailers and toy makers hope...
