Why UK supermarkets are rationing fruit and vegetables | CNN Business
London CNN — Major UK supermarkets have started rationing the sale of some staple fruits and salad vegetables, blaming poor...
Food Products
Abbott Baby-Formula Business Is Under Investigation By SEC, FTC
BusinessInquiries from agencies come amid criminal investigation by Justice Department into company’s formula manufacturing Source link
Tyson Foods Profit Declines as Beef Price Drops
Profit margins from the meat processor’s beef division have come under pressure as consumer demand softens for premium cuts of...
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...
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
Elon Musk Says Twitter Has Had Massive Revenue Drop
Elon Musk tweeted that Twitter has had a massive drop in revenue due to activist groups pressuring advertisers, as the...
WSJ News Exclusive | General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
WSJ News ExclusiveMedia & MarketingAdvertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s...
Soaring Inflation Pushes Halloween Candy Prices Scary High
Soaring inflation has already strained home buyers, drivers at the gas pump and people buying plane tickets.Now it’s coming for...
Unilever CEO to Retire Next Year After Rocky Tenure
LONDON— Unilever UL 1.03% PLC said Chief Executive Officer Alan Jope plans to retire at the end of next year,...
Beyond Meat Executive Arrested After Allegedly Biting Man’s Nose in Fight
Beyond Meat Inc.’s BYND -6.04% chief operating officer was arrested in Arkansas over the weekend, after a physical altercation in...
Ben & Jerry’s Independent Directors Lose Request for Injunction Over Israel Business
A judge denied a court petition by Ben & Jerry’s independent board members that sought to stop parent Unilever UL...
Heat in Europe Is Driving Up Olive Oil Prices
Soaring temperatures in Spain this summer are expected to hit the country’s olive oil production, pushing up prices and threatening...
Celsius Energy Drink Gets $550 Million Investment From PepsiCo
Celsius is a sugar-free, caffeinated beverage that markets itself as a healthy alternative to other energy drinks. Photo: John Parra/Getty...
Rising Costs Drag on Nestlé’s Profit Despite Higher Selling Prices
Higher costs for commodities, freight and energy are starting to eat into profit at Nestle SA, even as the world’s...
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with...
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week,...
WSJ News Exclusive | Amazon Has Been Slashing Private-Label Selection Amid Weak Sales
Amazon.com Inc. AMZN 0.21% has started drastically reducing the number of items it sells under its own brands, and the...
Justice Department Fails for Third Time to Convict Chicken Executives in Price-Fixing Trial
Federal prosecutors failed for a third time to convict five chicken-company officials of allegedly conspiring to fix prices, dealing a...
Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant
Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and...
Chicken Company Foster Farms Sold to Private Equity Firm
Foster Farms, a West Coast-based chicken company with $3 billion in annual revenue, has agreed to a takeover by private-equity...
