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Mondelez Says Wary US Shoppers Are Cutting Back on Snacks

Mondelez International posted slower-than-expected sales growth as worries about inflation and the economy push consumers to prioritize essentials over cookies, crackers and sweets.

April 30, 2025
BusinessPrivateTop 100

ADM Layoffs Upend Trader鈥檚 Global Commodity Desk

Archer-Daniels-Midland Co. is cutting jobs at its global commodity desk after a probe into its accounting practices wiped out billions from the agriculture giant鈥檚 value, according to sources.

April 29, 2025
BusinessPrivateTop 100

Sysco Slashes Outlook as Wary Americans Tighten Budgets

Sysco Corp. lowered its outlook as weakening consumer confidence causes Americans to dine out less.

April 29, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Amazon Denies Tariff Label Plans After White House Criticism

Amazon said April 29 it never planned to widely display the cost of President Donald Trump鈥檚 tariffs on products after the White House blasted the reported move.

April 29, 2025
GovernmentBusinessLogisticsFor-HirePrivateGlobal Freight

UPS Plans 20,000 Job Cuts This Year in Pullback From Amazon

UPS expects to cut 20,000 jobs this year and close dozens of facilities as it dramatically reduces shipments for e-commerce giant Amazon.

April 29, 2025
BusinessTechnologyFuelLogisticsPrivateGlobal Freight

Hydrogen Maker Plug Power Makes $525 Million Debt Deal

Plug Power announced a $525 million secured debt facility, and said it completed construction of a hydrogen production plant in Louisiana.

April 28, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Trump鈥檚 Tariffs Set to Unleash Supply Chain Jolt on Economy

Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted. That drastic reduction in goods hasn鈥檛 been felt by many Americans yet, but that鈥檚 about to change.

April 28, 2025
GovernmentBusinessPrivate

Walmart Amps Up Discounts to Lure Cost-Conscious Customers

Walmart Inc. is doubling down on discounts, a move to drum up demand and grow market share in the face of macroeconomic uncertainty.

April 24, 2025
GovernmentBusinessPrivate

United Rentals May Benefit From Tariff Chaos

United Rentals Inc. could benefit from the unpredictability over tariffs as customers become weary of ownership.

April 24, 2025
GovernmentBusinessLogisticsFor-HirePrivateGlobal Freight

US-China Tariffs Hit Amazon, FedEx, UPS Distribution Links

President Donald Trump鈥檚 tariffs on Chinese imports threaten to disrupt Southern California鈥檚 trade and logistics economy, a sector that moves a third of the nation鈥檚 container cargo.

April 22, 2025