Americans are clipping their wings, but not cutting them out of Thanksgiving. Half of those planning to host Thanksgiving dinner on Nov. 24 have already purchased their turkey, according to Read more
Tag: Tobacco
Tyson CFO arrested for public intoxication after falling asleep in stranger’s house
Tyson Foods TSN, -0.37% chief financial officer John R. Tyson was arrested early Sunday morning after he was found sleeping in a house that wasn’t his own. A Fayetteville, Ark. Read more
Here’s why the Federal Reserve let inflation run up to a 40-year high and how it roiled the stock market this week
This has been a topsy-turvy week for investors as Federal Reserve Chairman Jerome Powell pulled the strings in the stock market with a strong dose of reality. As part of Read more
Food prices keep rising. Food-company execs are betting Americans will keep paying.
Even as rampant inflation in food prices leaches away consumer spending power and disproportionately affects lower-income consumers, food-company executives and Wall Street analysts believe that Americans will continue to buy Read more
Hershey’s Q3 results ‘cleared a high bar’ but outlook conservative, says UBS analyst
Hershey Co.’s third-quarter results surpassed investors’ lofty expectations but the company’s raised outlook is conservative, according to UBS analyst Cody Ross. The maker of Reese’s Peanut Butter Cups, Kit Kats, Read more
Midterm elections: State ballot measures target gig work, immigration, abortion and more
State ballot measures aren’t generating as many headlines as this year’s key congressional races, but some are worth tracking as they touch on the gig economy, immigration and more. “Though Read more
‘Too good to be true?’ Starbucks tops expectations but analysts question sustainability of its growth
As Starbucks’ stock was bumped up 5% in pre-market trading on Friday after posting record fourth quarter revenue that beat expectations, analysts were still skeptical whether the coffee chain can Read more
Starbucks stock rallies as results top expectations, helped by a boost in U.S. sales
Starbucks Corp. on Thursday reported fiscal fourth-quarter results that beat expectations, helped by a boost in U.S. sales, sending shares higher in after-hours trading. The coffee chain reported net income Read more
Carl Icahn has sizable stake in beverage-can maker Crown Holdings
Carl Icahn has a sizable stake in Crown Holdings Inc. and believes the beverage-can maker should shed noncore units and buy back more stock, according to people familiar with the matter. The billionaire activist Read more
How the latest Fed rate increase could (or should) curb your holiday spending
It is three weeks before Black Friday, but the Federal Reserve is about to make the post-holiday debt hangover a little more intense. By the time the latest rate hikes Read more