US

Walmart Latest To Tap Bond Market With $5bn Offerings

Walmart Inc will raise $5 billion in bond offerings, joining a host of big retailers and restaurant chains to tap the debt market ahead of the US Fede...

Target CEO Cornell To Stay On For Three More Years

Target Corp has scrapped its policy of chief executives having to retire at 65, allowing Brian Cornell to lead the retailer for another three years as it b...

Juul To Pay About $439m To Settle E-Cigarette Marketing Probe

E-cigarette maker Juul Labs Inc has agreed to pay $438.5 million (€442.2 million) to settle claims by 34 US states and territories that it downplayed...

Suntory Eyes US Canned Cocktail Push As Young Japanese Shun Booze

Japanese drinks giant Suntory Inc last year debuted a strong, lemony brew in Australia that quickly became the top seller in the canned cocktail market the...

Dollar Tree Cuts Full-Year Profit Forecast

Dollar Tree Inc has trimmed its full-year profit forecast, blaming price cuts at its Family Dollar stores in an effort to spur demand among lower-income sh...

Dry Pastures Force Texas Ranchers To Slaughter More Cows

With almost all of Texas in drought, ranchers are sending ever more cattle off to slaughter, a trend likely to increase beef prices over the long term due...

US To Extend Baby Formula Waivers For Low-Income Families: Report

The Joe Biden administration will likely extend federal flexibilities for low-income families which are dependent on government discounts to access baby fo...

Target Profit Falls As Discounts Fail To Spur Spending By Inflation-Weary Consumers

Target Corp reported a 90% fall in quarterly earnings and missed comparable sales estimates as its inflation-hit customers reined in spending on discretion...