E-cigarettes have the edge over heated tobacco among American smokers, but it isn’t guaranteed to last THE WALL STREET JOURNAL // JUNE 19, 2022 American smokers trying to quit have a choice between vapes, nicotine pouches and—a more recent introduction—heated tobacco sticks. Cigarette companies have a lot riding on which way they turn. Today,…
Farmers see yields dropping by 70%, damaging livelihoods and pushing up prices THE WALL STREET JOURNAL // JUNE 18, 2022 A mango orchard nestled in the northern Indian state of Uttar Pradesh has passed through three generations of Deepak Kumar’s family. His grandfather planted the saplings 35 years ago and by June, the trees…
Lower-income consumers are seeking more bargains, Kroger CEO Rodney McMullen says THE WALL STREET JOURNAL // JUNE 16, 2022 Kroger Co. KR -7.27%▼ said more U.S. consumers are rethinking their supermarket shopping, as the biggest U.S. grocery store operator sees inflation persisting. The Cincinnati-based company said its sales climbed in its most recent quarter,…
Drinkers paid up for pricier versions of Scotch, bourbon and tequila during the pandemic. Rum makers say it is their turn. THE WALL STREET JOURNAL // APRIL 9, 2022 Yo, ho, ho and a bottle of limited edition, oak cask-aged rum with notes of butterscotch. The liquor of choice for fictional 18th-century pirates and college…
After years of internal debate, Walmart is removing tobacco products from select stores in Florida, California and elsewhere THE WALL STREET JOURNAL // MARCH 25, 2022 Walmart Inc. is ending cigarette sales in some U.S. stores after years of debate within the retail company’s leadership ranks about the sale of tobacco products, according to people…
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 cut its valuation by about 38% to $24 billion, illustrating the difficulties of competing in the delivery market. The San Francisco company said the valuation…
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 a record 47 million jobs last year. They quit for better pay, or to be their own boss, or to work around child-care needs, or…
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 that were suspended a week ago after an U.S. inspector in the principal producing state of Michoacán received a threatening phone call. The Agriculture Department’s…
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 Escalating meat prices haven’t slowed restaurant and retailer demand for meat, Tyson Foods Inc. TSN +12.17% executives said, as rising prices helped to more than…
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 on some of its products. Diageo PLC said soaring pandemic demand is depleting stocks of Crown Royal whisky, Lagavulin Scotch and Don Julio tequila. These…