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, 2025Search
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Amazon Projects Lower Q2 Profit Than Expected Due to Tariffs
Amazon gave a weaker-than-expected forecast for operating profit in the current quarter, pointing toward tariffs and trade policies that may cause consumers to pull back on spending.
May 1, 2025Amazon Plans Dozens of US Warehouses in Rural Expansion
Amazon.com plans to build dozens of warehouses to serve rural areas in the U.S. before the end of next year, growing its footprint as the company works to rely less on other carriers.
April 30, 2025ADM Layoffs Upend Trader’s Global Commodity Desk
Archer-Daniels-Midland Co. is cutting jobs at its global commodity desk after a probe into its accounting practices wiped out billions from the agriculture giant’s value, according to sources.
April 29, 2025Sysco Slashes Outlook as Wary Americans Tighten Budgets
Sysco Corp. lowered its outlook as weakening consumer confidence causes Americans to dine out less.
April 29, 2025Lowe’s ºÚÁϳԹÏÍøs In on Professional Customers in $1.3 Billion Deal
Lowe’s has agreed to buy an interior services provider for around $1.3 billion, the retailer’s latest effort to expand its footprint with professional contractors amid a soft housing market.
April 15, 2025Walmart Invests $6 Billion in Mexico Even as Economy Slows
Walmart de Mexico SAB (Walmex), the local unit of the U.S. retail giant, plans to invest $6 billion this year in its Mexico operations to add more locations and robotic logistics hubs.
March 28, 2025Leading Meatpacker JBS Tops Earnings Expectations
JBS SA, the world’s largest meatpacker, posted earnings that beat expectations as strong demand for chicken and pork helped offset pressure in its U.S. beef business.
March 25, 2025QXO to Acquire Beacon Roofing Supply in $11 Billion Deal
QXO has agreed to acquire Beacon Roofing Supply in a deal that values the distributor of roofing, waterproofing and exterior products at about $11 billion, including debt.
March 20, 2025Beacon Roofing in Talks With QXO for Potential $11B Deal
Beacon Roofing Supply is in talks to be bought by QXO for about $11 billion including debt after rejecting an earlier takeover approach.
March 10, 2025