Packaged food giants turn to acquisitions, startups, and research to stay relevant

Feb 8, 2019
As food giant Conagra reportedly plans layoffs at newly-acquired Pinnacle Foods, a look at what’s keeping the food business fresh.
Pre-packaged bananas are shown for sale at a Fresh & Easy grocery as Tesco PLC, the UK's biggest retailer, officially enters the U.S. market, opening its first six stores in southern California on November 8, 2007 in Los Angeles, California. Tesco is importing its own system of grocery store operations, making heavy use of pre-packaged produce, in contrast to U.S.-based grocery chains, to reduce overhead and refrigeration costs. The Fresh & Easy markets, which are significantly smaller than typical U.S. supermarkets,  will use its own truck fleet for single deliveries from a centralized distribution center. The chain will operate from a relatively small $10,000 per square foot, producing more than a projected $200,000 a week, twice that per square foot of typical U.S. food stores .
Photo by David McNew/Getty Images

BB&T-SunTrust deal may be the first of a wave of bank mergers

Feb 7, 2019
BB&T Corp. is buying its competitor, SunTrust Banks, in an all-stock deal. The merger of the two southeastern U.S. regional banks is the biggest in the consumer-banking sector since the financial crisis. To some extent, the merger’s the product of the grow-or-die environment for consumer banks — that only by joining forces can the banks compete […]
A Sun Trust bank flag flies above their bank in downtown Washington, DC.
PAUL J. RICHARDS/AFP/Getty Images

GM reports strong fourth-quarter earnings

Feb 6, 2019
General Motors released positive fourth-quarter earnings on Wednesday. This comes just two months after the car manufacturer pledged to eliminate several car models and reduce its workforce by 14,000 jobs. GM says the planned factory closures and layoffs will save the company at least $2 billion this year. Robust pickup truck and SUV sales have helped GM […]
General Motors CEO Mary Barra holds a media briefing prior to the start of the 2015 GM Annual Meeting of Stockholders at GM world headquarters June 2015 in Detroit, Michigan. 
Bill Pugliano/Getty Images

What to look for when Google reports its quarterly earnings

Feb 4, 2019
Online ad revenue is likely to take center stage after competitor Facebook reported strong growth.
Online ad revenue is likely to take center stage after competitor Facebook reported strong growth.
Justin Sullivan/Getty Images

With regulations, India sets up roadblocks for Amazon

Feb 1, 2019
In its push for global dominance, Amazon bet big on India as a major growth market. But the company wasn’t counting on the country’s tough new e-commerce rules. With the retail market saturated at home, Amazon, Walmart and other corporations must find emerging markets to grow. So why is India limiting Amazon’s services? And how will […]

What does it take to make a home estimate more accurate? Ask this guy.

Feb 1, 2019
Jordan Meyer and his teammates won $1 million for improving the Zillow Zestimate algorithm.
Stan Humphries, Zillow chief analytics officer, and Jordan Meyer, of Raleigh, North Carolina, celebrate Meyer's team’s $1 million win of Zillow Prize, Zillow’s competition to improve the accuracy of the Zestimate.
Courtesy of Zillow

How a minor tap on the fender can require thousands of dollars in repairs

Jan 31, 2019
Increasingly popular advanced safety features can create surprising costs for consumers.
AAA recently found cars with advanced safety features commonly cost twice as much to repair as other vehicles.
Ben Bradford/Marketplace

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Will competition in the cloud squeeze Amazon's bottom line?

Jan 31, 2019
Amazon's cloud computing dominance has been slipping in recent years.
Amazon's cloud computing dominance has been slipping in recent years.
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How do you advertise a Super Bowl party without saying “Super Bowl?”

Jan 30, 2019
The NFL owns dozens of trademarks and isn’t afraid to go after anyone using them.
An exterior view of the Mercedes-Benz Stadium, where Super Bowl LIII will take place, is seen on Jan. 27, 2019 in Atlanta, Georgia.
Justin Heiman/ Getty

Forecast for tech earnings: sunny, with clouds on the horizon

Jan 30, 2019
Apple beats analysts' estimates while Facebook, Microsoft expected to have strong quarters. But government regulation may drag down future earnings.
Apple beats analysts' estimates while Facebook and Microsoft are expected to have strong quarters.
Drew Angerer/Getty Images