By Leah Douglas (Reuters) – Hormel Foods’ labeling of a meat product line as “natural” despite using the same hogs and production methods as its other brands shows the U.S. meat labeling system needs reforms, said consumer advocates and documents released on Tuesday from a lawsuit the company is close to settling. The false advertising…
NAIROBI, Kenya (AP) — A multi-story residential building under construction collapsed Tuesday in the Kenyan capital, Nairobi. There was no immediate official word on any casualties. Construction workers are feared trapped under the rubble and rescue operations have begun. A report in the local media cited residents of the Kasarani suburb who said the building…
TIRANA, Albania (AP) — Albania’s prime minister said Tuesday that Britain is carrying out a “calculated attack” on his country by blaming it for the increased number of migrants crossing the English Channel. Edi Rama said that the new U.K. Cabinet was scapegoating Albanians because it “has gone down a blind alley with its new…
By Howard Schneider WASHINGTON (Reuters) – Prices paid by U.S. businesses rose less than expected in October with some key components registering an out-and-out decline, another sign inflation may be easing and another data point in favor of a slower pace of Federal Reserve rate increases. The Producer Price Index measures inflation at the firm…
NEW YORK (Reuters) – U.S. producer prices increased less than expected in October, further evidence that inflation was starting to subside. The producer price index for final demand rose 0.2% last month, the Labor Department said on Tuesday. September was revised lower to show the PPI rebounding 0.2% instead of 0.4% and in the year…
BEIJING (Reuters) -Tesla has cut the delivery waiting time for all Model 3 and Model Y vehicles to a minimum of one week, it said on its website on Tuesday. The U.S. automaker added to its electric vehicle inventory in Shanghai at its fastest pace ever in October, data from China Merchants Bank International (CMBI)…
Amazon is stepping back into virtual care with a new service that uses secure messaging to connect patients with doctors for help with nearly two dozen conditions. The retail giant said Tuesday it will launch “Amazon Clinic” in 32 states to provide medication refills and care for conditions like allergies, erectile disfunction, hair loss, migraines…
NEW YORK (AP) — Walmart reported higher sales in its fiscal third quarter as more Americans look for deals, particularly in groceries, in the face of high inflation. The nation’s largest retailer raised its full-year earnings outlook on the strong quarterly results. Also on Tuesday, Walmart agreed to pay $3.1 billion to settle lawsuits nationwide…
WASHINGTON (AP) — Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels. The annual figure is down from 8.4% in September. On a monthly basis, the government said Tuesday that…
DETROIT (Reuters) – General Motors Co plans to add more links to its North American battery supply chain, adding to roughly 20 deals so far, in a key strategy to help the Detroit automaker narrow the gap with Tesla Inc in electric vehicle profitability. GM Chief Executive Mary Barra and other executives are scheduled to…
