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Coca-Cola debuts smart dispensers, cutting new drink development to 90 days
The Coca-Cola Company announced a new generation of beverage dispensers using real-time data. These machines can develop and launch new drinks in as little as...
Costco Liable for Disability Discrimination, Facing Damages and Investor Scrutiny
A federal jury found Costco Wholesale (NasdaqGS:COST) liable for disability discrimination in a recent employment lawsuit. The case centered on the company’s...
Walmart halts Flipkart IPO, mandating profitability by fiscal 2027
Walmart instructed its Indian e-commerce unit Flipkart to postpone its initial public offering. The directive requires the subsidiary to achieve operating...
🔴 VDC is trading 3.6% down today amid a broad market risk-off turn and weakening futures
VDC is trading $222.98 (-3.6%) after hours, moving lower alongside a broad risk-off turn in U.S. equities as futures weaken further after the close. * The...
Walmart Shelves Flipkart IPO, Demands Profitability by Fiscal 2027
Walmart ordered its Indian subsidiary Flipkart to postpone its initial public offering. The company must achieve EBITDA breakeven before the end of the 2027...
Walmart Delays Flipkart IPO, Demanding Breakeven by 2027
Walmart instructed its Indian subsidiary Flipkart to postpone its initial public offering. The retail giant requires Flipkart to achieve EBITDA breakeven by...
Walmart halts Flipkart IPO, demands profitability by fiscal 2027
Walmart Inc. has instructed its Indian e-commerce subsidiary, Flipkart, to postpone its initial public offering. CEO John Furner delivered the directive during...
Walmart Delays Flipkart IPO, Targets Profitability by 2027
Walmart Inc. instructed its Indian e-commerce subsidiary, Flipkart, to postpone its initial public offering on May 15, 2026. The company shifted its strategy...
Walmart postpones Flipkart IPO, targeting profitability by fiscal 2027
Walmart reportedly instructed its Indian subsidiary Flipkart to postpone its initial public offering. The retail giant directed Flipkart to achieve EBITDA...
Walmart Shares Rise on Q1 Growth, Driven by 22% eCommerce Surge
Walmart reported total revenue of $165.6 billion for the first quarter of fiscal year 2026. This figure represents a 2.5% year-over-year increase. Revenue grew...
Ingredion pursues $3.7B Tate & Lyle deal, targeting plant-based food boom
U.S.-based Ingredion is negotiating the acquisition of British rival Tate & Lyle for approximately $3.7 billion (£2.74 billion). The proposed offer of 615...
Walmart beats Q1 expectations, warns tariffs will trigger May price hikes
Walmart Inc. reported first-quarter fiscal year 2026 adjusted EPS of $0.61. This result surpassed analyst expectations. Total revenue reached $165.6 billion...
Walmart Cuts 1,000 Corporate Jobs, Shifting to Unified Tech Platform
Walmart is restructuring its corporate operations, affecting approximately 1,000 employees through layoffs or relocations. The retailer is requiring many staff...
Tyson Foods Beef Exports Blocked by China Amid Rising Supply Costs
Chinese customs authorities suspended export clearances for several U.S. beef plants, including Tyson Foods facilities, on May 14, 2026. Officials categorized...
PepsiCo buys Poppi for $1.95B, betting on the gut-health soda boom
PepsiCo is acquiring prebiotic soda brand Poppi for an enterprise value of $1.95 billion. The deal secures an immediate presence for the beverage giant in the...
PepsiCo buys Poppi for $1.95 billion, chasing gut-health growth
PepsiCo acquired prebiotic soda brand Poppi for $1.95 billion. This move adds a gut-health-focused brand to the company's portfolio of traditional snacks and...
PepsiCo buys Poppi for $1.95B, betting on the gut-health boom
PepsiCo acquired prebiotic soda brand Poppi for a total value of $1.95 billion. The purchase adds a fast-growing functional beverage name to the company's...
Tyson Foods Forecasts High Beef Prices Through 2027, Citing Tight Cattle Supply
Tyson Foods CFO Curt Calaway expects U.S. cattle supplies to remain tight through 2026 and 2027. Calaway stated at a BMO investor conference that efforts to...
Walmart Cuts 1,000 Corporate Jobs, Consolidating Global Tech Operations
Walmart is cutting or relocating approximately 1,000 corporate positions as part of a major operational restructuring. The company is consolidating its...
USDA slashes wheat production to 1972 lows, citing severe Plains drought
The U.S. Department of Agriculture (USDA) reduced its all-wheat production estimate to 1.561 billion bushels in the May WASDE report. This forecast marks the...