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This Tomato Sauce Is Delicious. It's Also Worth Billions of Dollars.
Business

This Tomato Sauce Is Delicious. It's Also Worth Billions of Dollars.

Campbell Soup is splurging for the company behind Rao’s. What is the brand’s secret sauce? Source link

A Rare Look Into the Finances of Elon Musk's Secretive SpaceX
Business

A Rare Look Into the Finances of Elon Musk's Secretive SpaceX

The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenues rose faster. Source link

China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring
Business

China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring

China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts, as the embattled property developer

Why a Zara Bet Big on the Maxi Dress This Summer
Business

Why a Zara Bet Big on the Maxi Dress This Summer

Fashion retailer arms managers with bevy of data, and authority to act on it, in bid to keep ahead of rivals Source link

Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies
Business

Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies

EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link

Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate
Business

Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate

Providers are boosting tuition as their costs rise and federal aid ends, straining some families’ finances. Source link

Hawaiian Electric Is in Talks With Restructuring Firms
Business

Hawaiian Electric Is in Talks With Restructuring Firms

The utility is facing mounting litigation alleging it was negligent before and during the Maui wildfires. Source link

U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada
Business

U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada

The levies, announced in response to dumping allegations, could raise prices for canned foods, an industry group says. Source link

Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending
Business

Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending

Google’s parent is focusing on turning companies that are developing ambitious technology into commercial successes. Source link

Microchips in the Parmigiano and Other Ways Europeans Are Fighting Fake Food
Business

Microchips in the Parmigiano and Other Ways Europeans Are Fighting Fake Food

Parmesan producers are among those seeking ways to their protect billion-dollar markets. Source link