Private
Kroger’s $24.6 Billion Albertsons Deal Blocked by Judge
A judge blocked Kroger's $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for grocery shoppers in a ruling that marks a likely death knell for the deal.
Mondelez’s Takeover of Hershey Would Rank as Top 2024 Deal
Snack-food giant Mondelez International’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top M&A deal.
Tally of US Shoppers Slipped During Thanksgiving Weekend
Fewer Americans shopped during Thanksgiving weekend this year, a sign that consumers remain selective about spending.
Tyson to Shut Kansas Plant as US Beef Shortage Erodes Profit
Tyson Foods will shut a meat plant in Kansas next year, eliminating 809 jobs, as the company seeks to slash costs amid a downturn in the beef industry.
Cargill to Cut Thousands of Jobs After Profits Shrink
Cargill Inc. is cutting thousands of jobs globally after the largest privately held company in the U.S. missed profit targets.
Quikrete Secures $9.2 Billion for Summit Materials Deal
The package is among the largest seen since 2022, when the Federal Reserve began lifting interest rates, ending the easy-money era.
Walmart Outshines Rivals With High Employee Bonuses
Walmart Inc.’s corporate employee bonuses are set to surpass targets again this year as the company’s stock soars and sales outperform its retail rivals.
Low Prices Boost Walmart in Q3
NEW YORK — Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.
Leading Freight Companies Prepare for Trucking Turnaround
Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.
JBS Profit Surges to Two-Year High on Booming Chicken Demand
JBS, the biggest global meat producer, is reaping the benefits of a world that’s eating more chicken, sending demand surging and helping the company post its best quarterly profit in two years.