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The disappointing outlook suggests that competition is intensifying among food retailers to grab spending from cost-conscious consumers, raising the stakes for CEO Greg Foran to accelerate growth. 

Agency Administrator Sean McMaster noted that the Transportation Department will deliver more than $275 million in grants to states to expand truck parking nationwide.

Kraft Heinz CEO Steve Cahillane surprised investors last month when he announced he would instead invest $600 million on developing new products and lowering some prices. 

The automaker will begin selling two U.S.-built cars — the Acura Integra Type S and the Honda Passport TrailSport Elite — in Japan in the second half of this year, it said March 5.

The two-day visit comes as the administration seeks to defend against China’s hold on critical minerals, some of which are abundant in Venezuela.

Momenta may seek to raise at least $1 billion in the IPO, Bloomberg reports, adding that deliberations are ongoing and no final decisions have been made. 

Investors are worried over how long the war with Iran could last, how high inflation may go because of more expensive oil and how much damage that might do to corporate profits.

Venezuela and the U.S. are scrutinizing dozens of confidential oil contracts signed during the reign of ousted strongman Nicolas Maduro, according to people familiar with the situation.

A judge has ordered the Trump administration to halt a step in the tariff payment process in order to make any refunds simpler after the Supreme Court struck down the president’s global tariffs.

Yusen Logistics (Americas) entered into a partnership with Rabot to deploy AI technology to improve packing accuracy, productivity and compliance across its U.S. operations.