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Beacon Adopts Poison Pill to Defend Against Hostile QXO Bid

Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc.

January 28, 2025

Beacon Roofing Solicits Bids to Fend Off Brad Jacobs' QXO

Beacon Roofing Supply has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.

January 24, 2025

Amazon Layoffs Prompt Canada to Review Government Deals

Canada’s industry minister said Amazon’s decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the company.

January 24, 2025

Walmart Raises Pay for Market Managers

Walmart Inc. is raising compensation for some managers as the big-box retailer seeks to attract and retain staff.

January 24, 2025

ADM Stops Loading Grain Vessels in Louisiana Amid Snowstorm

One of the world’s biggest crop traders has halted loading of grain vessels at U.S. Gulf terminals as the region’s worst snowstorm in 130 years slams the region.

January 22, 2025

Amazon to Close All Warehouses in Quebec

Amazon.com Inc. will shut down all warehouses and lay off employees in the French-speaking Canadian province of Quebec.

January 22, 2025

FTC Accuses PepsiCo of Price Discrimination Favoring Walmart

The FTC sued PepsiCo on Jan. 17, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to Walmart at the expense of other vendors and consumers.

January 17, 2025

United Rentals to Buy H&E Equipment Services for $3.4B

United Rentals Inc. agreed to buy H&E Equipment Services Inc. for $3.4 billion in cash, gaining a fleet of equipment to serve construction and industrial markets.

January 14, 2025

Walgreens Shares Soar 28% After Sales Beat Forecasts

Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and prescription volumes at the company’s U.S. retail pharmacy division.

January 10, 2025