Mondelez International approved a stock repurchase authorization of as much as $9 billion, days after a report that the company was exploring an acquisition of chocolate maker Hershey.

A judge blocked Kroger's $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for grocery shoppers in a ruling that marks a likely death knell for the deal.

Snack-food giant Mondelez International’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top M&A deal.

Fewer Americans shopped during Thanksgiving weekend this year, a sign that consumers remain selective about spending.

Tyson Foods will shut a meat plant in Kansas next year, eliminating 809 jobs, as the company seeks to slash costs amid a downturn in the beef industry.

Cargill Inc. is cutting thousands of jobs globally after the largest privately held company in the U.S. missed profit targets.

The package is among the largest seen since 2022, when the Federal Reserve began lifting interest rates, ending the easy-money era.

Walmart Inc.’s corporate employee bonuses are set to surpass targets again this year as the company’s stock soars and sales outperform its retail rivals.

NEW YORK — Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.

Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.