US

Pernod To Boost Cuban Rum Sales Through End To Tourism Restriction

Pernod Ricard has reacted positively to a US governmental decision to scrap the $100 maximum value of alcohol and cigarettes Americans can buy on a trip to...

Wal-Mart Will Relocate 7,000 Back-Office Workers at U.S. Stores

Wal-Mart Stores Inc. will relocate about 7,000 back-office workers as the world’s largest retail chain tries to make its stores more efficient. Th...

Costco Tops Third-Quarter Profit Estimates After Cutting Costs

Costco Wholesale Corp. posted third-quarter earnings that beat analysts’ estimates after the warehouse club curtailed costs. Net income rose 5.6 p...

Pernod Ricard USA Implements Management Shake-Up

Following a recent statement by Alexandre Ricard, chairman and CEO of Pernod Ricard, that the US is a “top priority” for the group, the dr...

PepsiCo's Quaker Sued For Not Flagging Pesticide In Oatmeal

Consumers in New York and California sued PepsiCo Inc.’s Quaker Oats for false advertising over claims that the brand’s signature product conta...

Grocer Fairway Said To Prepare For Bankruptcy As Soon As Tonight

Grocery chain Fairway Group Holdings Corp. is preparing to file for bankruptcy protection as soon as tonight after reaching a deal with its senior creditor...

Cerealto To Invest €68 Million In Portugal, UK And US

Global cereal-based food manufacturer Cerealto plans to invest €68 million in Portugal, the UK and the US in 2016, creating 250 new jobs, enhancing fa...

Avery Dennison To Acquire Mactac European Operations

Avery Dennison has announced that a definitive agreement for it to acquire the Mactac European business from Platinum Equity has been reached, with the lab...