Whole Foods Market’s annual meeting of shareholders convened Friday amid investors’ concerns about the organic food retailer’s ability to make changes to address sustained declines in sales growth and steep reductions in its share value.
Food giants are starting venture-capital funds to invest in startups focused on healthier and less-processed foods. Kellogg and General Mills are betting these younger companies can teach them to be more entrepreneurial and innovative.
The Trump administration has drafted preliminary economic growth forecasts in its federal budget planning that rely on assumptions that are far rosier than projections made by independent agencies and most private forecasters, according to several people familiar with the discussions.
Despite widespread criticism, border adjustment isn’t dead, and that is partly because Republicans haven’t developed palatable alternatives that avoid huge budget deficits or prevent the corporate tax base from fleeing abroad.
House Republicans’ outline of an Affordable Care Act repeal plan left health insurers increasingly worried about the future of the health law’s exchanges, despite a Trump administration proposal earlier this week aimed at providing stability.
Applied Material saw a sharp jump in new equipment orders for the fiscal first quarter, its biggest surge in seven years. That has analysts worried about an inevitable slowdown, as Applied’s customers digest those purchases.