Kroger Co. has pledged to cut grocery prices by $1 billion, doubling its initial promise, as it seeks to win regulatory approval for its $25 billion merger with Albertsons Cos.
August 15, 2024Private
Kroger Doubles Price Cut to $1 Billion Post-Albertsons Merger
Walmart Boosts Outlook for 2024
NEW YORK — Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions.
August 15, 2024Darling Ingredients Surges on California Proposal
Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.
August 13, 2024Cargill Revenue Down as Trader Struggles With Profit Targets
Cargill Inc. took a revenue hit of almost 10% in its most recent fiscal year, a decline that comes amid signs of profit struggles at the world’s biggest crop trader.
August 13, 2024Kroger and Albertsons Spend More Than $800M on Merger Fees
Kroger Co. and Albertsons Cos. have spent more than $800 million on fees paid to lawyers, bankers and advisers for their proposed merger.
August 13, 2024°®¶¹´«Ã½ Depot Trims Outlook for 2024
°®¶¹´«Ã½ Depot’s Q2 sales rose slightly as the retailer benefited from an $18 billion acquisition this spring, but customers continued to rein in spending.
August 13, 2024Amazon Tests Speedy Delivery Service Featuring Kia Souls
Amazon.com Inc. has deployed a new secret weapon in its same-day delivery operation: a convoy of Kia Souls.
August 8, 2024Pipeline Firms in Talks With Data Centers About Gas Supply
Energy Transfer and Williams Cos. are talking to data center operators about building pipelines directly to their facilities to fuel on-site power plants as the centers prepare for a boom in AI.
August 8, 2024Fertilizer Giant Nutrien Names New CFO Amid Industry Swoon
Nutrien Ltd. named a new chief financial officer amid an industry downturn that has eroded the fertilizer giant’s profits.
August 7, 2024Amazon Reports Boost in Quarterly Profit to $13.5 Billion
Amazon reported a boost in its quarterly profits Aug. 1, but the company missed revenue estimates, sending stocks lower in after-hours trading.
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