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Tally of US Shoppers Slipped During Thanksgiving Weekend

Fewer Americans shopped during Thanksgiving weekend this year, a sign that consumers remain selective about spending.

December 3, 2024

Cargill to Cut Thousands of Jobs After Profits Shrink

Cargill Inc. is cutting thousands of jobs globally after the largest privately held company in the U.S. missed profit targets.

December 2, 2024

Quikrete Secures $9.2 Billion for Summit Materials Deal

The package is among the largest seen since 2022, when the Federal Reserve began lifting interest rates, ending the easy-money era.

November 25, 2024

Walmart Outshines Rivals With High Employee Bonuses

Walmart Inc.’s corporate employee bonuses are set to surpass targets again this year as the company’s stock soars and sales outperform its retail rivals.

November 22, 2024

Low Prices Boost Walmart in Q3

NEW YORK — Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.

November 19, 2024

Leading Freight Companies Prepare for Trucking Turnaround

Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.

November 14, 2024

JBS Profit Surges to Two-Year High on Booming Chicken Demand

JBS, the biggest global meat producer, is reaping the benefits of a world that’s eating more chicken, sending demand surging and helping the company post its best quarterly profit in two years.

November 13, 2024

Amazon Aims at Temu With Low-Priced Storefront Called Haul

Amazon launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

November 13, 2024

ºÚÁϳԹÏÍø Depot’s Q3 Results Top Expectations

ºÚÁϳԹÏÍø Depot continued to deal with a pullback in spending from customers in fiscal Q3, but it was less severe than in the past, and its performance beat Wall Street’s expectations.

November 12, 2024