The grocery chain said it had investigated its chief executive, Rodney McMullen, and found that his actions were “inconsistent” with its business ethics policy.
Category: Company Reports
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Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.
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Walmart Racks Up Sales Record but Sees Slower Growth Ahead
The retail giant continues to attract shoppers from across the income spectrum, but faces headwinds from stubborn inflation and the risk of tariffs.
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BP to ‘Reset’ Strategy After Pressure From Investors, C.E.O. Says
The energy giant was vague on details, but analysts say the changes will likely include less spending on renewable sources and a bigger investment in oil and natural gas production.
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Green Energy Ambitions of European Companies Take a Beating
Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.
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Tesla’s European Sales Drop in January After Elon Musk Disrupts Politics
The U.S. electric car company’s sales are sliding across Europe, amid what many see as interference in local affairs by Tesla’s chief executive, Elon Musk.
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Novo Nordisk Annual Sales Jump on Demand for Ozempic and Wegovy
The Danish maker of Ozempic and Wegovy reported a 25 percent increase in sales to $40.6 billion, but said it expected slower growth this year.
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Is Waymo Friend or Foe to Uber?
The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.
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New York Times Reports 350,000 Additional Digital Subscribers
Adjusted operating profit for the fourth quarter increased 10.7 percent from a year earlier, to $170.5 million, the company said.
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Disney Returns to Its Steamrolling Self
Per-share quarterly profit rose 44 percent from a year earlier, the company said, signaling that it had moved past a period of turmoil.
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PepsiCo Adding Healthier Snacks as Its North American Sales Dip
Rising consumer demand for fewer empty calories is pushing the snack and beverage giant to offer options with less sodium, fat and artificial ingredients.