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US Wheat Farmers Face Bleak Crop Economics As Grain Oversupply Hits

Profit is growing further out of reach for US wheat farmers and many do not expect to break even in 2024 as ample global supply keeps prices around their l...

Cal-Maine Foods Halts Egg Production At Texas Facility After Detecting Bird Flu

Egg producer Cal-Maine Foods said it had temporarily halted production at its Texas facility after detecting avian influenza, which has led to the culling...

Target Shopper Data, Streaming TV Ads Are Key To Its Sales

Target's retail media unit, a business through which it creates and sells ads, grew more than 20% in its fiscal year ended 3 February, Target CEO Brian Cor...

Alibaba Makes Second Biggest Quarterly Share Repurchase Worth $4.8bn

Alibaba Group has bought back shares worth $4.8 billion (€4.5 billion) in the quarter ended March, the Chinese e-commerce giant said, in its second bi...

Philip Morris Nears Texas Launch Of Flagship Heated Tobacco Device

Philip Morris International is preparing to launch its flagship heated tobacco device IQOS in Austin, Texas, indicating it will be the first testing ground...

Purina Inaugurates New Pet Food Factory In North Carolina

Nestlé Purina PetCare has inaugurated a new pet food factory in Eden, North Carolina, with state officials, community partners and leaders from the...

Hain Celestial Appoints Glanbia's Chad Marquardt As President Of North America Division

Health and wellness company Hain Celestial has named Glanbia executive Chad Marquardt as the president of its North America division, effective 25 March 20...