Kroger Co. delivered stronger than expected earnings and sales, sending its stock up 9.7 percent as investors welcomed evidence that the grocer is growing even as it overhauls operations to compete with Amazon.com Inc. and discounters.
John Flannery’s breakup plan will trim General Electric down to three businesses, all of which are built around the manufacture and sale of equipment that shares the common theme of spinning around and making electricity.
From global manufacturers such as Harley-Davidson Inc to small tech startups, companies are scrambling to rework supply chains built for an era of stable, open trade policy that is now under threat.
Brick-and-mortar retailers that have seen their businesses upended, and some literally destroyed, by the rise of e-commerce finally had a moment of vindication last week: The U.S. Supreme Court, in a landmark 5-4 ruling, basically gives states the green light to have online retailers collect sales tax just like any local retailer.
When Volvo Car Group broke ground on its first U.S. assembly plant in 2015, it was a proud proof point for the Swedish automaker’s rebound and global expansion, not a chess move in anticipation of a possible trade war.