General Mills said Wednesday it will close three Missouri manufacturing plants as part of an ongoing effort by the food giant to strengthen the competitiveness of its supply chain. The plants that will close include a pizza crust manufacturing plant in St. Charles, along with two facilities in Joplin that…

Occidental Petroleum will sell its chemicals arm OxyChem to Warren Buffett’s Berkshire Hathaway for $9.7 billion, the company said on Thursday, marking its biggest divestment yet to slash debt after years of costly acquisitions. Shares of the U.S. oil and gas producer, however, fell more than 6% in morning trading.…

Investors have plowed more than $900 billion into U.S. exchange-traded funds so far this year. Investors are putting more money than ever into exchange-traded funds, and Washington just took a step that all but ensures the billions will keep flowing. U.S.-listed ETFs have taken in a net $917 billion through Sept.…

A listeria outbreak affecting certain recalled prepared meals sold at Trader Joe’s and Walmart has led to four deaths as well as 19 hospitalizations, according to the Centers for Disease Control and Prevention (CDC). The CDC issued a multi-state recall for ready-to-eat meals containing pasta that may have been contaminated by listeria. The…

Boeing is reportedly developing a new single-aisle airplane that will eventually replace its 737 Max aircraft, which has faced a spate of safety-related issues.  The aerospace giant’s CEO, Kelly Ortberg, met with officials at Rolls-Royce Holdings in the U.K. earlier this year to discuss a new engine for the aircraft,…

Apple’s new iPhone 17 hit store shelves worldwide on Friday, with customers flocking to locations vying to get the latest device. Apple’s new thinner smartphone offering is known as the iPhone Air and will be in the middle of the company’s iPhone lineup between less expensive iPhone 17 models and more…

ABC’s move to suspend Jimmy Kimmel’s show following his comments on the assassination of conservative activist Charlie Kirk comes amid a decline in late-night TV viewership and advertising revenue. Disney-owned ABC announced the move on Wednesday after a pair of prominent media groups that own ABC affiliates, Nexstar and Sinclair, announced…

ABC sidelined late-night talk show host Jimmy Kimmel over his controversial comments about the assassination of conservative activist Charlie Kirk after Nexstar Media Group said it would preempt Kimmel’s show. A spokesperson for ABC, which is owned by Disney, said in a statement on Wednesday that “Jimmy Kimmel Live will be…

Cracker Barrel on Wednesday released its fourth quarter earnings results, but much of the attention centered on the restaurant chain’s swift reversal of its controversial logo redesign that went viral online. The company — based out of Lebanon, Tennessee — reported total revenue of $868 million, down 2.9% from the…

Eli Lilly on Tuesday announced a $5 billion investment in a manufacturing facility in Virginia as the pharmaceutical giant looks to expand its domestic production capacity amid the threat of tariffs. The manufacturing facility is expected to generate 650 high-wage jobs and 1,800 construction jobs at the West Creek Business…