Small produce stands and farmers’ markets are seeing a surge in demand for leafy greens as sales of lettuce and salad kits from grocery chains and big retailers drop.
Category: Family Business
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Ronald Lauder, a Billionaire G.O.P. Backer, Closes His Wallet
The New York Times – On the Runway:Ronald S. Lauder, a major funder of conservative political causes, has not given a single dollar this year to Republicans in his home state, and his super PAC has gone idle.
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Egg Prices Are Way Down, but That’s Hurting Farmers
The New York Times – Business:An oversupply of hens has lowered wholesale egg prices. But consumers may not reap the full benefits because of producer contracts and higher costs.
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Secret Recordings, Hidden Shares and a Family Rift at South Korea’s LG
The New York Times – Business:An inheritance dispute over the former chairman’s estate has prompted a criminal complaint over how the dynastic chaebol family behind LG divides its assets.
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Lewis E. Lehrman, Store Chain Heir Who Ran for N.Y. Governor, Dies at 87
The New York Times – Business:After helping his family’s Rite-Aid drugstore empire flourish, he waged a surprisingly close but losing race as a Reagan Republican against Mario Cuomo in 1982.
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South Korean Court Rules Against Women in LG Inheritance Lawsuit
The New York Times – Business:The widow and two daughters of LG’s former chairman sought to invalidate an inheritance agreement, claiming they were deceived into forfeiting their rightful inheritance.
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Pittsburgh Post-Gazette Announces It Will Cease Operations
The family-owned company that operates the newspaper cited mounting losses and labor constraints. A final edition is expected on Sunday, May 3.
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Trump Media Merger With Nuclear Fusion Firm Raises Ethics Questions
Trump Media plans to merge with a company developing nuclear fusion technology, putting the president’s financial interests in competition with other energy companies over which his administration holds sway.
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U.S. Manufacturers to Benefit as G.E. Appliances Shifts Production
The company, now owned by a Chinese conglomerate, is investing $150 million in 18 American suppliers across 10 states.
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Trump Family’s Business Ties to Saudi Arabia Raise Ethics Worries
President Trump will host Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler, who oversees a major construction project that is in talks with the Trump family business.
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A BlackRock-Backed Roofing Conglomerate Goes Bust
Investment firms are buying and bundling contractors, leaving some workers and customers worse off.