US

Philip Morris Aims To Launch IQOS In Two US States In 2024

Philip Morris International said it plans to launch its flagship heated tobacco device IQOS in two US states in 2024 as it doubles down on its shift away f...

Nestlé Health Science CEO Greg Behar Steps Down, Anna Mohl Named Successor

Greg Behar, the chief executive of Nestlé Health Science, has stepped down from the position. Anna Mohl will succeed Behar in the role.

Brewer AB InBev Signals New Focus On Michelob Ultra Amid Light Beer Rivalry

Anheuser-Busch InBev has elevated its low calorie lager Michelob Ultra to the status of 'global brand', according to an investor presentation, positioning...

Instacart Shares End Up 12% On Debut After Initial Pop

Instacart's shares ended up 12% in their Nasdaq debut on Tuesday, failing to hold onto an intraday gain of as much as 43%, days after SoftBank's Arm Holdin...

Target To Hire 100,000 Workers, Offer Huge Discounts For Holiday Season

Target plans to hire nearly 100,000 employees for the holiday season and offer deep discounts starting October, as the US retailer braces for the competiti...

Molson Coors Bolsters Investment In Dwayne Johnson-Backed ZOA Energy

Molson Coors Beverage Company has expanded its partnership with energy drink firm ZOA Energy, co-founded by Dwayne 'The Rock' Johnson, Dany Garcia, Dave Ri...

Tonic Maker Fever-Tree's Profit Fizzles On High Glass Costs

Tonic maker Fever-Tree has trimmed its annual profit forecast after first-half earnings halved on higher glass costs and a wet summer in the UK.

Grocery Delivery App Instacart Aims For Up To $7.7bn Valuation In US IPO

Instacart is aiming for a valuation of up to $7.73 billion (€7.2 billion) in its initial public offering in New York, the grocery delivery service sai...