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Business, Private

ADM Shares Fall as CEO Cites Transition From Boom Years

Archer-Daniels-Midland Co.’s shares slumped as the agribusiness giant warned of pressured margins for the remainder of the year, even as quarterly earnings beat estimates.

April 30, 2024
Business, Technology, Fuel, Private

Air Products Plans Alberta Hydrogen Truck Refueling Network

Air Products plans to build a network of hydrogen refueling stations between Edmonton and Calgary in Alberta for trucks, the industrial gas giant said.

April 30, 2024
Business, Private

PepsiCo Beats Q1 Revenue Forecasts

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.

April 23, 2024
Government, Business, Private

Kroger, Albertsons Agree to Divest More Stores

Kroger Co. and Albertsons Cos. agreed to divest more stores to C&S Wholesale Grocers, seeking to make their planned $24.6 billion merger more appealing to antitrust authorities.

April 22, 2024
Business, Logistics, Private, Global Freight

Amazon Prime Memberships in US Gain 8% to New High

Amazon.com Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.

April 16, 2024
Business, Private, Global Freight

Amazon Eyes Record High

Wall Street investors are finally doing what analysts have been recommending all along: buying Amazon.com Inc.

April 8, 2024
Business, Logistics, Private, TCA

Inside an Amazon Last-Mile Delivery Station

Take a look inside one of Amazon's newest delivery stations, where 40,000 to 50,000 packages a day are sorted and handed off to drivers to take them to their final destination. 

April 3, 2024
Government, Business, Private

Lawmakers Urge FTC to Take Action on Grocery Profits

A group of lawmakers wants the FTC to take action against large retailers, such as Amazon and Walmart, that increased profits during the COVID-19 pandemic and have kept prices high since.

March 28, 2024
Business, Private

Kroger Closing Three E-Commerce Facilities in Texas, Florida

NEW YORK — Kroger is shuttering three spoke facilities in its Texas and Florida e-commerce operations, the grocery chain confirmed this week.

March 28, 2024
Business, Private

°®¶¹´«Ã½ Depot Buys SRS Distribution in $18 Billion Deal

°®¶¹´«Ã½ Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.

March 28, 2024