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Pershing Square Buys Amazon Stake After 31% Stock Price Drop

Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.

May 23, 2025

°®¶ą´«Ă˝ Depot Revenue Rises as Customers Tackle Small Projects

°®¶ą´«Ă˝ Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects.

May 20, 2025

JBS Vote Spurs SEC Probe Request From Rand Paul

Shareholders in Brazil’s JBS, which has beef, chicken and pork operations stretching from Colorado to New Zealand, will meet on May 23 to vote on the plan to sell shares in New York.

May 19, 2025

Walmart Names Company Veteran to Manage International Growth

Walmart selected a company veteran to fill a newly created role that aims to spark international growth, as the world’s largest retailer looks to bolster its overseas operations.

May 16, 2025

CVS Bids for Rite Aid Stores in Pacific Northwest

CVS Health is trying to buy stores and patient data from Rite Aid, the beleaguered pharmacy chain that is going out of business after filing for bankruptcy a second time earlier this month.

May 15, 2025

Walmart Says It Will Raise Prices Due to Tariff Costs

Walmart’s first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

May 15, 2025

JBS Profit Jumps as Chicken Gains Beat Beef Downturn

JBS SA said quarterly profit rose more than expected, with chicken making up for the bulk of the increase as the world’s largest meat supplier faces deepening losses at its U.S. beef business.

May 13, 2025

Food and Beverage Fleets Adopt Sustainable Practices

Private fleets operating in the food and beverage sector are demonstrating effective use cases for electric-powered trucks, electric transport refrigeration units and alternative fuels.

May 8, 2025

ADM Profit Shrinks to Lowest Since 2020

Archer-Daniels-Midland’s earnings shrunk to the lowest level since the pandemic as a difficult crop trading market is complicated by mounting trade and biofuel policy uncertainty.

May 6, 2025

Beef Losses Deepen as Tyson Battles Cattle Crunch

The company's shares slumped the most since 2023 as investors shrugged off stronger-than-expected quarterly earnings to focus on deepening losses at its beef business.

May 5, 2025