US Hiring Rebounds as March Jobs Rise
WASHINGTON, D.C. — U.S. employers added 178,000 jobs in March, reversing February’s drop and beating economist forecasts while the unemployment rate edged down to 4.3%, according to Reuters, CNBC, NPR,…
Sysco Strikes $29 Billion Restaurant Depot Deal
HOUSTON — Sysco said it will acquire Jetro Restaurant Depot in a transaction valued at about $29.1 billion, a major consolidation move in U.S. food distribution that expands Sysco deeper…
McCormick Unilever Agree $44.8 Billion Food Deal
NEW YORK, United States — McCormick and Unilever said they have agreed to combine most of Unilever’s foods business with McCormick in a cash-and-stock transaction that values the contributed unit…
FCA Sets Car-Finance Redress Plan
LONDON, United Kingdom — The United Kingdom’s financial regulator is set to publish its approach to a motor-finance consumer redress scheme that could shape how millions of drivers seek compensation…
Nestlé Investigates KitKat Truck Theft
GENEVA, Switzerland — Nestlé says a truck carrying more than 12 tons of KitKat bars from a newer product line was stolen in Europe while moving from central Italy toward…
Carnival cuts outlook, authorizes $2.5B buyback
MIAMI, Fla. — Carnival Corp. reported a strong start to its year and updated its full-year outlook as fuel costs rose, while also authorizing an initial share repurchase program. PR…
Brown-Forman Confirms Talks With Pernod Ricard
LOUISVILLE, Ky. — Brown‑Forman confirmed it is engaged in discussions with Pernod Ricard regarding a potential business combination, after market attention focused on possible consolidation among major spirits makers. Our…
TSA warns DHS shutdown could close airports
WASHINGTON, D.C. — The Transportation Security Administration warned it may face airport closures if the Department of Homeland Security shutdown continues, as long security lines and staffing strain spread across…
Apple Announces Unified ‘Apple Business’ Platform
CUPERTINO, Calif. — Apple has officially announced “Apple Business,” a new, unified platform designed to consolidate its enterprise and device management tools into a single, comprehensive service. Set to launch…
Abbott Laboratories Completes $23 Billion Acquisition of Exact Sciences
ABBOTT PARK, Ill. — Abbott Laboratories (NYSE: ABT) has officially completed its $23 billion acquisition of Madison-based Exact Sciences, the maker of the Cologuard cancer screening test. The transaction, which…