US

U.S. Inflation Subsiding As Consumer Prices Rise Moderately

U.S. consumer prices rose less than expected for a second straight month in November amid decreases in the costs of gasoline and healthcare, leading to the...

Blue Apron To Cut 10% Of Corporate Workforce

Blue Apron Holdings Inc will cut about 10% of its corporate workforce, the online meal kit company said, the latest US firm reining in costs against the ba...

Unilever Mulls $3bn Sale Of Some US Ice Cream Brands: Report

Unilever is considering the sale of a portfolio of US ice cream brands such as Klondike and Breyers, that could be valued at as much as $3 billion, Bloombe...

US Consumers 'Hunkering Down' As Inflation, Economic Slowdown Hits: Moody's

Consumers in the United States are 'hunkering down' as growing inflation and economic slowdown 'hits home', a new report from Moody's has found.

Dollar General Cuts Annual Profit View As Costs Surge

Dollar General cut its annual profit forecast after it missed estimates for quarterly earnings, signalling rampant cost pressures were weighing on the disc...

Kroger Raises Sales Forecast As Grocery Demand Stays Inflation Resistant

Kroger Co raised its annual same-store sales and profit forecasts on Thursday, riding on steady demand for groceries and household essentials despite highe...

Albertsons, Kroger CEOs Defend $25bn Merger To US Senate Committee

Lawmakers from across the political spectrum have questioned executives at grocers Kroger Co and Albertsons Companies Inc about their planned $25 billion...