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Business, Private, Top 100

Costco Raises Pay for Top Hourly Workers to Over $30 an Hour

The company will raise hourly pay for employees at the top of its pay scale over the next three years, CEO Ron Vachris wrote in a memo to staff this week that was viewed by Bloomberg News.

January 31, 2025
Business, Private, Top 100

Cargill Cutting 1,100 Jobs With Arkansas Plant Closure

Cargill Inc. will shutter a turkey-processing plant in Arkansas, cutting about 1,100 jobs amid a downturn in both turkey and the broader agricultural sector.

January 29, 2025
Business, Equipment, Logistics, Private, Top 100

QXO’s Hostile Bid for Beacon Roofing Fuels M&A Optimism

M&A specialists are eyeing a robust list of U.S. takeover candidates, with a buoyant economy, strong buyer appetite and a potentially looser regulatory regime seen driving more deals.

January 29, 2025
Business, Private, Top 100

Beacon Adopts Poison Pill to Defend Against Hostile QXO Bid

Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc.

January 28, 2025
Business, Technology, Logistics, Private, Global Freight, Top 100

Whole Foods CEO Buechel Named Amazon’s Grocery Chief

Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain’s technology and record-keeping systems.

January 28, 2025
Business, Equipment, Private, Top 100

Beacon Roofing Solicits Bids to Fend Off Brad Jacobs' QXO

Beacon Roofing Supply has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.

January 24, 2025
Government, Business, Technology, Logistics, Private, Global Freight

Amazon Layoffs Prompt Canada to Review Government Deals

Canada’s industry minister said Amazon’s decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the company.

January 24, 2025
Business, Private, Top 100

Walmart Raises Pay for Market Managers

Walmart Inc. is raising compensation for some managers as the big-box retailer seeks to attract and retain staff.

January 24, 2025
Business, Safety, Logistics, Private, Top 100

ADM Stops Loading Grain Vessels in Louisiana Amid Snowstorm

One of the world’s biggest crop traders has halted loading of grain vessels at U.S. Gulf terminals as the region’s worst snowstorm in 130 years slams the region.

January 22, 2025
Business, Logistics, Private, Global Freight

Amazon to Close All Warehouses in Quebec

Amazon.com Inc. will shut down all warehouses and lay off employees in the French-speaking Canadian province of Quebec.

January 22, 2025