Sen. Richard Blumenthal announces a bipartisan agreement on Turkey sanctions during a news conference on Capitol Hill in Washington, Oct. 17, 2019. Erin Scott | Reuters Sen. Richard Blumenthal is …
J.M. Smucker ‘s plan to buy Twinkies -maker Hostess Brands is a risky move, if Morgan Stanley’s latest research is correct. The firm revisited its August call that a new …
Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue | Bloomberg | Getty Images Macy’s said Tuesday …
Jelly maker J.M. Smucker is buying Twinkie owner Hostess Brands for $5.6 billion, or $34.25 a share. Hostess shareholders will receive $30 in cash and .03002 share of Smucker’s stock …
Daniel Zhang, chairman and chief executive officer Alibaba Group, said the company’s financial year from April 2021 to March 2022 was impacted by the uncertainties around Covid, “new expectations” on …
Good news for consumers could be bad news for Kroger. As prices that shoppers pay for groceries stabilize or fall, the supermarket operator’s sales are sagging. On Friday, the company …
Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a license in Nevada and allowing it to expand beyond its …
A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits. But some of those companies have started to offer more …
The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Kroger on Friday said it has agreed to pay $1.2 billion to U.S. states, local governments …
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Prices of wholesale used vehicles may have …