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Walmart Invests $6 Billion in Mexico Even as Economy Slows

Walmart de Mexico SAB (Walmex), the local unit of the U.S. retail giant, plans to invest $6 billion this year in its Mexico operations to add more locations and robotic logistics hubs.

March 28, 2025

Leading Meatpacker JBS Tops Earnings Expectations

JBS SA, the world鈥檚 largest meatpacker, posted earnings that beat expectations as strong demand for chicken and pork helped offset pressure in its U.S. beef business.

March 25, 2025

QXO to Acquire Beacon Roofing Supply in $11 Billion Deal

QXO has agreed to acquire Beacon Roofing Supply in a deal that values the distributor of roofing, waterproofing and exterior products at about $11 billion, including debt.

March 20, 2025

Beacon Roofing in Talks With QXO for Potential $11B Deal

Beacon Roofing Supply is in talks to be bought by QXO for about $11 billion including debt after rejecting an earlier takeover approach.

March 10, 2025

Walgreens Going Private in $10 Billion Sycamore Deal

The offer, a roughly 8% premium to Walgreens鈥 closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.

March 6, 2025

Costco鈥檚 Profit Miss Reflects Broader Retail Concerns

Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street鈥檚 expectations.聽Retailers have taken a more cautious outlook in recent weeks.

March 6, 2025

Albertsons Names New CEO Following Failed Deal With Kroger

Both top U.S. grocery operators are moving on from their respective CEOs only months after a proposed deal to combine their operations was blocked by a federal judge.

March 3, 2025

Kroger CEO Rodney McMullen Resigns Following Ethics Inquiry

The board of directors said it was made aware on Feb. 21 of 鈥渃ertain personal conduct by McMullen and immediately retained outside independent counsel to conduct an investigation.鈥

March 3, 2025

Walmart CEO: Food Prices Are Causing 鈥楩rustration and Pain鈥

The CEO of Walmart Inc. said American consumers are showing signs of stress as food prices remain stubbornly high.

February 28, 2025

Cemex CEO Fernando Gonz谩lez to Step Down After 30 Years

Gonz谩lez will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex鈥檚 U.S. operations, the company said in a statement.

February 10, 2025