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US Foods Calls for Talks After Performance Food Snubs Merger

Our ask of PFG is to simply work together to further understand the merits and opportunities of a potential combination, US FoodsCEO Dave Flitman said.

August 7, 2025

Tyson to Kick Off Cattle Herd Rebuild in 2026

Tyson Foods Inc.s top boss said a long-awaited push to rebuild the US cattle herd will begin in earnest next year though the meat producer doesnt expect to benefit before 2028.

August 4, 2025

Amazon Projects Profit That Underwhelms on AI Race Expense

Amazon.com projected operating income in the current quarter that fell short of analysts estimates, worrying investors that the tech giant is spending too much to keep up in the AI arms race.

July 31, 2025

Mondelez Reiterates Guidance as Earnings Beat Estimates

Mondelez International posted quarterly results that topped estimates but reiterated its annual outlook.

July 29, 2025

Sysco Says Consumer Woes Hamper Long-Term Outlook

Consumers are cutting back on restaurant spending as they cope with economic uncertainties, causing Sysco to forecast annual sales at the lower end of its target range, CEO Kevin Hourican said.

July 29, 2025

Albertsons Seeks Details on Ex-Kroger CEOs Personal Conduct

Albertsons demanded that Kroger provide details on the personal conduct that led the company to replace its CEO, Rodney McMullen, who shepherded the grocers' failed merger.

July 28, 2025

Buffett's Pilot Explores Sale of Water Management Unit

Berkshire Hathaways Pilot Travel Centers is considering the sale of its water-management services unit, as the truck-stop chain focuses on its primary businesses, according to sources.

July 25, 2025

Amazon Gave Prime Shoppers More Time Walmart Gained Sales

Amazon still dominates the $1.3 trillion e-commerce market in the U.S., capturing about 40 cents of every dollar spent online, and Walmarts online metrics are growing from a smaller base.

July 24, 2025

Walmart Hires Instacart Executive to Lead AI Push

Walmart is hiring an executive from Instacart to accelerate its use of artificial intelligence as one of the worlds largest retailers looks to bolster its competitive edge.

July 23, 2025

Walmart Eliminates Hundreds of Store-Support, Training Jobs

Walmart is cutting hundreds of store-support roles, its latest move to simplify the structure of the worlds largest retailer.

July 17, 2025