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Kroger, Albertsons CEOs Face Senate Questions Over Merger
Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.
Walmart’s Grocery Gains Power Sales Beat and Stock Jump
Walmart Inc. jumped Nov. 15 after the retail giant reported strong quarterly results and boosted its annual forecast, putting its shares on pace to erase this year’s losses.
Amazon to Take Hawaiian Airlines Stake in Cargo-Hauling Deal
Amazon.com Inc. is poised to take a stake in the parent of Hawaiian Airlines as part of a deal to expand the e-commerce giant’s cargo-hauling operations.
Amazon Boosts Fort Worth Alliance to One of Nation’s Busiest Cargo Airports
Fort Worth Alliance airport now ranks among the 20 largest cargo airports in the country by landed weight, according to Federal Aviation Administration data, in large part due to Prime Air's distribution hub.
Amazon’s Hurricane Disaster Program Provides Relief in Tampa Bay
Amazon had donated more than 1.5 million items for victims of the Category 4 storm that hit Florida in early October to charities like the Red Cross and South Florida disaster nonprofit Global Empowerment Mission.
Kroger Eyes Merger With Albertsons
Kroger Co. is in talks about a tie-up with rival Albertsons Cos. in a deal that would create a U.S. grocery giant, people familiar with the matter said.
October 13, 2022PepsiCo Lifts Outlook as Drink, Snack Sales Buck Inflation
PepsiCo Inc. said its playbook for battling inflation is still working, with price hikes fueling double-digit gains in sales despite lower volumes of snack purchases.
Volvo, Mack, Tesla Show Gains With BEVs
Truck makers both large and small recently announced deals and timetables for more of their battery-electric trucks reaching customers.
Broad Relief Efforts Converge After Hurricane Ian
Trucking companies, government entities and nonprofit groups responded to the devastation wrought along Florida’s Gulf Coast by Hurricane Ian last month with relief efforts for the many areas affected by the storm, and are working to overcome challenges in getting aid to those in need.
Amazon Plans to Hire 150,000 Workers for Holiday Season
Amazon.com Inc. plans to hire 150,000 seasonal workers, about the same as last year despite slowing sales and predictions of a lackluster holiday shopping season.