Cheaper Beer, Cigarettes Gain Favor as Inflation Pinches Shoppers
Shoppers are trading down to cheap beer brands and discount cigarettes as they feel more pressure on their pocketbooks.Consumer prices...
Food
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,...
Russia, Ukraine Clear Way for Grain Exports to Resume Amid Fears of Global Food Crisis
ISTANBUL—Russia and Ukraine agreed Friday to resume exports of millions of tons of Ukrainian grain via the Black Sea for...
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...
WSJ News Exclusive | Biden Administration to Pursue Rule Requiring Less Nicotine in U.S. Cigarettes
The Biden administration intends to pursue a policy requiring tobacco companies to reduce the nicotine in all cigarettes sold in...
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...
WSJ News Exclusive | Kohl’s Enters Exclusive Talks to Be Sold to Vitamin Shoppe Owner
Kohl’s Corp. is in advanced talks to be sold in a deal that could value the department-store chain at roughly...
Unilever to Add Activist Investor Nelson Peltz to Board
Unilever UL 9.94% PLC said it would add Nelson Peltz to its board and disclosed his fund now holds a...
FDA Eases Baby-Formula Import Rules to Boost Supplies
U.S. health regulators took steps to allow more foreign baby formula on American shelves, easing rules that had effectively prevented...
Baby Formula Shortage Faces Investigation by Lawmakers
WASHINGTON—The House Oversight Committee has launched an investigation into the four major manufacturers of baby formula, including the makers of...
Baby Formula Shortage Could Last Months
Baby-formula manufacturers and retailers say they are working to address a long-running shortage in products on store shelves, but the...
Tyson Foods Profits Soar as Meat Prices Climb
Tyson Foods Inc. TSN 2.22% reported soaring profits as the company raised prices for beef, chicken and pork, citing higher...
Bud Brewer Is Buoyed by Pricier Beer
Beer drinkers are so far stomaching higher prices for their brews. Budweiser owner Anheuser-Busch InBev SA BUD 2.60% said Thursday...
How the Owner of a Frozen-Yogurt Store Has Survived in a Volatile Industry
Veronica Tessler has seen the best and worst of the frozen-yogurt business.When she opened her self-service yogurt shop in 2011,...
Activision Blizzard Names Two Women to Its Board
Activision Blizzard Inc. ATVI -0.02% said it is moving to add two women to its board of directors, months after...
WSJ News Exclusive | FDA Probes Lucky Charms’ Possible Link to Illnesses
Food and Drug Administration officials said they are examining reports from more than 100 consumers who told the agency that...
Price-Fixing Case Against Chicken Company Officials Ends in Mistrial, Again
The U.S. Department of Justice’s effort to prosecute alleged price fixing in the poultry industry suffered a major setback after...
