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United Rentals Q4 Profit Rises 6.3% on Broad Demand Strength

United Rentals reported net profit of $679 million in the fourth quarter of 2023, a 6.3% year-over-year increase compared with $639 million in the year-ago period.

January 26, 2024

Hyzon Sends Four Hydrogen FCEV Trucks to PFG in California

Hyzon delivered four trucks to Performance Food Group’s Vistar facility in Fontana, Calif., the first deliveries of the hydrogen fuel cell electric vehicle to its largest U.S. customer.

January 25, 2024

ADM Shares Plunge After Accounting Probe Places CFO on Leave

Archer-Daniels-Midland Co. plunged after the U.S. agricultural trading giant suspended its CFO and cut its earnings outlook pending an investigation into its accounting practices.

January 22, 2024

Red Sea Attacks Disrupt Food Trade, Risk Higher Grocery Costs

Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.

January 19, 2024

Walmart Boosts Managers’ Base Pay, Redesigns Bonus System

NEW YORK — Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.

January 18, 2024

Washington State Sues to Block Kroger-Albertsons Merger

SEATTLE — Washington state Attorney General Bob Ferguson on Jan. 15 sued to block the proposed merger of Kroger and Albertsons, two of the nation’s largest grocery chains.

January 16, 2024

Walmart Expands Rollout of Generative AI Search on App

Walmart Inc. opened up access to a generative artificial intelligence tool that allows shoppers to search for products by specific use cases rather than look up one item at a time.

January 10, 2024

Walmart Announces Dallas Drone Deliveries Covering Millions

Walmart says drone deliveries are no longer a futuristic idea, as it will be able to make drone deliveries with its partners Wing and Zipline to 75% of Dallas-Fort Worth by the end of this year.

January 10, 2024

Daimler Partners With Amazon for Fuel Cell Truck Trials

Daimler Truck plans to begin the first on-road customer tests of hydrogen fuel cell-powered Mercedes-Benz GenH2 trucks in global markets in the middle of 2024.

December 20, 2023