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Scott McPherson to Succeed George Holm as PFG CEO

The move comes less than one month after Richmond, Va.-based PFG and US Foods called off talks for a planned merger that would have reshaped the food service carrier arena.

December 19, 2025

Energy Transfer Halts LNG Project to Focus on Gas Pipelines

Billionaire Kelcy Warren鈥檚 Energy Transfer suspended development of a Louisiana liquefied natural gas export project to concentrate on building and expanding pipelines.聽

December 18, 2025

USPS to Open Last-Mile Delivery Network to More Shippers

The U.S. Postal Service said Dec. 17 it intends to open its last-mile delivery network, the most expensive part of the shipping process, to large and small shippers.

December 17, 2025

US Threatens to Strike Back Against EU Firms for Digital Tax

The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent firms.

December 16, 2025

Costco鈥檚 Profit Tops Estimates as Shoppers Prize Deals

Costco Wholesale's quarterly profit in its fiscal 2026 first quarter rose more than expected, a sign that price-sensitive shoppers continue to search for value.聽

December 11, 2025

91视频 Depot Issues Cautious 2026 Outlook

The U.S. housing market has weighed on 91视频 Depot as high interest rates prompt consumers to remain on the sidelines for big-ticket purchases and projects that require financing.

December 9, 2025

PepsiCo Plans Layoffs as It Looks to Finish Elliott Talks

PepsiCo plans to review its North American supply chain as it wraps up negotiations with Elliott,聽according to sources.聽The company also warned workers of incoming 鈥渟tructural changes.鈥

December 8, 2025

PepsiCo Nears Deal With Activist Investor Elliott

PepsiCo has聽worked to overhaul its portfolio聽of brands since Elliott announced聽a roughly $4 billion stake聽in September and called on the company to review and streamline its snack offerings

December 4, 2025

Performance Food Group, US Foods Call Off Merger Talks

The combined entity would have leapfrogged Sysco at the top of the food service carrier table 鈥 serving restaurants, corporate offices, convenience stores, gas stations and truck stops.

November 24, 2025

Tyson to Cease Operations at Nebraska Beef Plant

Tyson Foods is ending operations at a beef plant in Nebraska and cutting a shift at a Texas facility as the meat producer loses millions amid the smallest American cattle herd in decades.

November 21, 2025