General Mills to use only cage-free eggs in U.S. by 2025
(Reuters) – General Mills Inc will use only cage-free eggs in its U.S. operations by 2025, it said on Tuesday, marking the first time the packaged food company has given a timeline for the switch.
Swatch signs pact with Visa on payment watch: report
ZURICH (Reuters) – Swatch Group Chief Executive Nick Hayek has signed a contract with credit card company Visa Inc. in connection with the Swiss firm’s new watch that enables wearers to make payments, a newspaper reported on Tuesday.
U.S. GDP growth raised for third quarter
WASHINGTON (Reuters) – The U.S. economy grew at a healthier clip in the third quarter than initially thought, but strong inventory accumulation by businesses could temper expectations of an acceleration in growth in the final three months of the year.
Car emissions campaigners turn sights on Renault
BERLIN/LONDON (Reuters) – Renault’s flagship Espace minivan released toxic diesel emissions 25 times legal limits in a Swiss study, despite complying with EU tests carried out at unrealistically low engine temperatures, a German environmental group sai…
DraftKings hires Exiger to review financial controls, compliance
NEW YORK (Reuters) – Daily fantasy sports company DraftKings said on Tuesday it hired regulatory risk and compliance firm Exiger to conduct a review of its financial, operational, compliance and risk controls, as the company and its top competitor, Fan…
Cabin crew union, Lufthansa attempt to avert strikes
BERLIN (Reuters) – The main cabin crew union at Lufthansa is working with the airline’s management to find a way to ease tensions and ward off the strikes that the union has threatened for the end of this week.
Dollar Tree sales beat estimates after Family Dollar deal
(Reuters) – Dollar Tree Inc reported better-than-expected net sales for the third quarter, its first since acquiring Family Dollar and becoming the largest discount retailer in the United States.
Campbell Soup raises profit forecast as cost cuts boost margins
(Reuters) – Campbell Soup Co reported a higher-than-expected quarterly profit and raised its full-year earnings forecast on Tuesday, helped by cost-cutting measures introduced in July.
U.S. home prices rise faster in September, beat forecast
(Reuters) – Annualized U.S. single-family home prices rose in September at a faster pace than in August and above market expectations, a closely watched survey showed on Tuesday.
Tiffany’s profit forecast turns dimmer on strong dollar
(Reuters) – Tiffany & Co reported a surprise drop in quarterly sales and forecast a bigger fall in full-year profit than it had expected earlier as a strong dollar hurt tourist spending in the United States and reduced the value of sales from other markets.
