Instacart Cuts Valuation by Nearly 40%
CEO of food-delivery company says change reflects stock-market trends, doesn’t affect its plans to go public THE WALL STREET JOURNAL // MARCH 25, 2022 Instacart Inc. said it has…
A Message from the BACP Commissioner
City of Chicago Business Affairs & Consumer Protection In just the first few months of 2022, we have seen impactful changes take place in our great city. We awarded grants to over 2,000 small…
A Little-Noticed Reason Workers Quit: Too Little Work
Employers often give people less than 40 weekly hours, leading to resignations and more trouble finding workers THE WALL STREET JOURNAL // FEB. 28, 2022 American workers quit…
Sidewalk Signs Will be Allowed in the City of Chicago by Obtaining City Permit
CITY OF CHICAGO BUSINESS AFFAIRS & CONSUMER PROTECTION // Feb. 23, 2022 Effective March 1, 2022, sidewalk signs (e.g. A-frame, T-frame, or other temporary self-supporting type signs, placed on the…
Mexico Resumes Exports of Avocados to U.S.
Suspension lifted as Mexico takes measures to ensure safety of U.S. inspectors THE WALL STREET JOURNAL // FEB. 18, 2022 The U.S. resumed inspections and imports of Mexican avocados…
Tyson Foods Says Higher Meat Prices Haven’t Cooled Demand
Meatpacker’s average beef prices climbed by nearly one-third and chicken by about 20% in latest quarter as freight, labor costs rose THE WALL STREET JOURNAL // FEB. 7, 2022 …
Don Julio Tequila Maker Diageo Is Running Low on Booze That Takes Years to Make
Owner of Crown Royal whisky faces shortages resulting from high demand during the pandemic THE WALL STREET JOURNAL // JAN. 27, 2022 The world’s largest spirits maker is running low…
The Store-Brand Groceries You Actually Want
Forget the utilitarian packaging and low-to-middling quality of decades past. Store brands have gone upmarket THE WALL STREET JOURNAL // JAN. 14, 2022 For most of its nondescript life, the…
Monster Beverage Buys Owner of Craft Breweries Cigar City, Oskar Blues for $330 Million
Energy-drink maker enters beer, hard-seltzer business with purchase of CANarchy Craft Brewery Collective THE WALL STREET JOURNAL // JAN. 13, 2022 Monster Beverage Corp. MNST -4.73% has been mulling a…
Grocery Stores Cut Hours, Services as Omicron Infects Workers
Some supermarkets tap corporate employees, use temporary employment agencies to keep stores open THE WALL STREET JOURNAL // JAN. 13, 2022 Some U.S. supermarkets are reducing hours and cutting services…