PepsiCo Inc. is on course to take over as the biggest U.S. beverage company by market value, supplanting rival Coca-Cola Co., according to Wall Street analysts.
November 13, 2023Search
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Amazon to Expand Grocery Delivery
Amazon.com Inc. is rolling out grocery delivery service for non-Prime members to the wider U.S. as it prepares to open more supermarkets next year.
November 9, 2023Rivian to End Exclusivity With Amazon
Electric vehicle maker Rivian said Nov. 7 that it will allow other companies to purchase its fleet of delivery vans, ending an exclusive agreement with Amazon.
November 8, 2023ADM Strikes Supply Deal for US Plant-Based Chemical Factory
Archer Daniels Midland Co. has agreed to supply biochemical maker Solugen Inc. with raw materials needed to make plant-based acids at a plant to be built in southwest Minnesota.
October 30, 2023Amazon Reports Q3 Revenue Gained 13% to $143.1 Billion
Amazon CEO Andy Jassy gave investors much of what they wanted: robust sales and profit growth along with a hint that the cloud division earnings machine is regaining momentum.
October 27, 2023Amazon to Test Prescription Delivery by Drone
Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications.
October 18, 2023Sysco to Buy Food Service Distributor Edward Don & Co.
Sysco Corp. is to buy Chicago-based food service equipment and supplies distributor Edward Don & Co. for an undisclosed sum, the S&P 500 member said.
October 16, 2023Rite Aid Files for Bankruptcy
PHILADELPHIA — Rite Aid said Oct. 16 that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan.
October 16, 2023California Eyes Lawsuit to Block Kroger-Albertsons Deal
California is preparing a lawsuit to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on concerns the deal could hurt consumers and workers, Attorney General Rob Bonta said.
October 12, 2023Mercedes Challenges Tesla's Battery-Powered Semi
Mercedes-Benz Trucks revealed a heavy-duty #electric #truck to take on Tesla’s battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.Â
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