Breaking News: Business

Home Depot acquiring SRS Distribution for $18.25 billion to grow pro sales

Barbara Terrio

Home Depot already draws half of its business from pros, while the other half comes from do-it-yourself customers. With the ...

Canada Goose to cut 17% of its corporate workforce

Barbara Terrio

In a statement Tuesday, CEO Dani Reiss said, “Today, we are realigning our teams to ensure that corporate resources are ...

McDonald’s to sell Krispy Kreme doughnuts nationwide by end of 2026

Barbara Terrio

The doughnut chain uses a “hub and spoke” model that lets it make and distribute its treats efficiently. Production hubs, ...

Boeing CEO Dave Calhoun to step down; board chair and commercial head replaced

Barbara Terrio

Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner ...

Nissan targets 1 million extra vehicle sales in next 3 years, aims to cut EV costs

Barbara Terrio

A Nissan Ariya electric car is on display during 2020 Beijing International Automotive Exhibition (Auto China 2020) at China International ...

Ford, GM, Stellantis to benefit from Biden emissions rules

Barbara Terrio

President Joe Biden speaks at the United Auto Workers political convention at the Marriott Marquis in Washington, D.C., Jan. 24, ...

(RDDT) starts trading on NYSE

Barbara Terrio

The stock opened at $47 and reached a high of $57.80. At Thursday’s peak, the company had a market cap ...

Unilever to split off its ice cream unit including Ben & Jerry’s; shares pop 5%

Barbara Terrio

Ben & Jerry’s ice cream on May 24, 2022. Nurphoto | Nurphoto | Getty Images Shares of consumer goods giant ...

Tech exec says web heading for plateau, compares it to space in 1960s

Brendan Martin

Astronaut Edwin E. Aldrin, Jr., the lunar module pilot of the first lunar landing mission, stands next to a United ...

Inside organized crime rings targeting retailers Ulta, TJX, Walgreens

Barbara Terrio

Police don’t suspect that Mack, 53, took the items herself. Instead, they say, she pulled the strings from the shadows, ...

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