Food and drink
Some grocers are using AI to cut food waste and boost profit margins
As grocery chains face mounting pressure from inflation-weary shoppers and growing competition, some in the industry are starting to rely on AI to protect margins without losing customers. Traditional levers to protect profits or drive sales, like raising prices or running blanket promotions, are becoming less effective as shoppers split trips across multiple retailers in […]
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Uber raises stake in Delivery Hero in $318 million deal
An Uber Eats courier is seen in Krakow, Poland, on Aug. 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Uber on Friday agreed to purchase an additional 4.5% of shares of German food delivery firm Delivery Hero from the company’s biggest shareholder Prosus. Total gross proceeds to Prosus are approximately 270 million euros ($318 […]
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RFK Jr.’s peptide policy could boost Hims & Hers as its GLP-1 business evolves
Piotr Swat | Lightrocket | Getty Images As its high-margin compounded GLP-1 business evolves, Hims & Hers Health may be finding a new opportunity in peptides. Shares of the telehealth company jumped Thursday after HHS Secretary Robert F. Kennedy Jr. announced Wednesday that the FDA plans to convene a Pharmacy Compounding Advisory Committee meeting to […]
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Nearly 60% of U.S. farmers say their finances are getting worse as fertilizer, fuel costs rise: Survey
Fertilizer is spread across a field in China Grove, North Carolina, on April 10, 2026. Grant Baldwin | AFP | Getty Images On a farm in Goldsboro, North Carolina, where her husband’s family has worked the land for generations, Lorenda Overman is facing familiar hurdles — but also new pressures she couldn’t have predicted only […]
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Fast food, faster charging? BYD and KFC China collaborate to offer 9-minute refueling stations
CHONGQING, CHINA DECEMBER 17: A man wearing a chef uniform looks at his mobile phone as he walks past a large illuminated KFC logo at a restaurant on December 17, 2025, in Chongqing, China. (Photo by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty Images Electric vehicle giant BYD announced Wednesday that […]
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Modelo maker Constellation Brands withdraws 2028 guidance due to uncertainty
Modelo beer is displayed on a shelf at a Safeway store on Oct. 6, 2025 in San Anselmo, California. Justin Sullivan | Getty Images Modelo maker Constellation Brands withdrew its previously issued fiscal 2028 outlook on Wednesday and reported slightly weaker demand as consumers navigate a rapidly evolving macroenvironment. The company said it was encouraged […]
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Danone CEO flags price uncertainty as Iran war escalates: ‘Nobody knows’ how conflict will play out
A woman shops for prepared food at Eataly March 19, 2026 in the Manhattan borough of New York City. Robert Nickelsberg | Getty Images Danone’s CEO told CNBC that inflationary pressures from the Iran war may force the company to consider price hikes as the outlook for conflict in the Middle East remains highly uncertain. […]
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Trump tariff fallout: Some industries grapple with lingering effects one year later
A year after President Donald Trump declared his “liberation day” and imposed sweeping tariffs on imports, kicking off a wave of economic and political uncertainty, some companies are still feeling the effects. While some industries have emerged largely unscathed — having weathered twists and turns of several tariff iterations — others, such as retail, automotive, […]
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Grocery shock on the horizon for approaching U.S. elections as Iran war drags on
A customer shops in a grocery store on March 11, 2026 in Miami, Florida. Joe Raedle | Getty Images Rising grocery prices in the U.S. as the result of the Iran war could be among the most politically damaging outcomes of the conflict just months before a critical U.S. election. Two years earlier, President Donald […]
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Coca-Cola unveils ad campaign with 13 restaurant chains to boost drink sales as diner traffic falls
Coca-Cola on Thursday unveiled a new marketing campaign to boost sales of its soda at restaurants as declining traffic and sluggish sales growth challenge both the industry and its top beverage supplier. The campaign marks the first time Coke has released ads featuring multiple restaurant partners. The commercials flash across different consumers ordering their meals […]
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