These were supposed to be boom times for Pederson’s Natural Farms. In the days this spring after the Supreme Court upheld a California law banning the sale of certain pork products made from pigs raised in small gestation pens, the phones were ringing off the hook at Pederson’s headquarters in Hamilton, Texas. California grocery stores and restaurants were desperate to […]

Consumer products can fail to resonate for lots of reasons: struggling to find a niche in a saturated market, failing to introduce innovation or distinctiveness, poor advertising or promotional efforts, associations with scandals or issues, or simply being subpar in quality. (That was also probably the case with these 29 absurd military projects that were canceled almost immediately.) 24/7 Wall […]

These were supposed to be boom times for Pederson’s Natural Farms. In the days this spring after the Supreme Court upheld a California law banning the sale of certain pork products made from pigs raised in small gestation pens, the phones were ringing off the hook at Pederson’s headquarters in Hamilton, Texas. California grocery stores and restaurants were desperate to […]

Saudi Arabia said on Tuesday that it would extend its cut in oil production cut of one million barrels a day for three months, through for the rest of 2023. In a coordinated statement, Russia, a co-leader with the Saudis of the producers’ group known as OPEC Plus, said it would continue export curbs that amount to 300,000 barrels a […]

Car prices rose sharply during the COVID-19 pandemic. A shortage of parts kept new car inventories very low. Many car models sold for well above the manufacturer’s suggested retail price. Manufacturers were upset by that because they believed it alienated customers. Dealers found it was a way to pad their margins. Prices rose so quickly that the median price of […]

‘Our factories are world-class and are becoming increasingly attractive for our global business leaders to use to serve other markets.’ ABB India is optimistic about domestic demand outstripping export growth, with strong momentum in private and public spending. Sanjeev Sharma, country head and managing director, speaks to Amritha Pillay/Business Standard on growth from smaller cities, newer segments, and opportunities from […]

Early trends on the U.S. Futures Index suggest that Wall Street might open lower. Asian shares finished higher, while European shares are trading up. As of 7.45 am ET, the Dow futures were down 33.00 points, the S&P 500 futures were declining 4.25 points and the Nasdaq 100 futures were sliding 17.00 points. The U.S. major averages all closed notably […]

Newark, New Jersey has become an American leader in fostering collaboration between police and community leaders with the goal of helping reduce police violence and build trust between community and cops. This initiative comes partly in response to the fact that a dozen people were killed by Newark police officers from 2013 to 2022, nearly two-thirds of whom were Black. […]

Reliance Jio has sent a second legal opinion to the Telecom Regulatory Authority of India (Trai) on the subject of the potential allocation of satellite spectrum. The letter is written by retired Supreme Court Justice L Nageshwara Rao and argues in favour of auctions, stating that any other method for allocating spectrum apart from auctions could be constitutionally unsound. Business […]

In its beginning, the U.S. Navy relied heavily on small arms, and each Navy soldier was outfitted and trained with pistols, rifles, and swords. Much has changed since, as the Navy has evolved over the years. Today, in addition to its cruisers, submarines, and aircraft carriers, Navy sailors and soldiers still use a large arsenal of small arms. The United […]