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Cintas said its new bid implies a total value of about $5.2 billion. It represents a 62% premium to the stock’s last closing price after shares fell in the wake of the last offer being rebuffed in March.

The move comes less than one month after Richmond, Va.-based PFG and US Foods called off talks for a planned merger that would have reshaped the food service carrier arena.

Cattle placed in U.S. feedlots, where animals are fed until ready to be slaughtered, are expected to have dropped in November to the lowest levels for the month since 2015, Bloomberg reports.

Billionaire Kelcy Warren’s Energy Transfer suspended development of a Louisiana liquefied natural gas export project to concentrate on building and expanding pipelines. 

The U.S. Postal Service said Dec. 17 it intends to open its last-mile delivery network, the most expensive part of the shipping process, to large and small shippers.

Amazon is reorganizing teams working on artificial intelligence projects, putting Peter DeSantis, a top leader from the company’s cloud division, in charge of a new unit.

The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent firms.

Walmart ditched the New York Stock Exchange for archrival Nasdaq, marking the largest defection of a stock listing in the Big Board’s history. 

Costco Wholesale's quarterly profit in its fiscal 2026 first quarter rose more than expected, a sign that price-sensitive shoppers continue to search for value. 

CVS raised its full-year profit forecast and said earnings would rise in 2026, a sign of hope as it navigates a turbulent retail environment and government scrutiny.