McDonald’s said its U.S. restaurants will stop selling chicken raised with antibiotics that are important to human health, one of the biggest moves yet by a major food company to address growing concerns over antibiotic-resistant ‘super bugs.’
ITV signaled the completion of a multiyear plan to turn around its fortunes by returning hundreds of millions of dollars to investors and recording a profit increase boosted by its internationally growing production business.
CSX Corp. estimated its domestic coal shipments will decline at least 5% this year, though it still expects to achieve its growth targets amid continued growth in its merchandise and intermodal markets.
The latest challenge to the Affordable Care Act focuses on federal subsidies that help lower-income consumers purchase plans, and the High Court’s decision could unravel the marketplaces created by the law.
The infrastructure arm of Indian conglomerate Reliance Group said Wednesday it had agreed to acquire 18% of shipbuilder Pipavav Defence & Offshore Engineering Co. for 8.19 billion rupees, or $132 million.