By Jonathan Stempel NEW YORK (Reuters) -Walgreens has settled charges by New York Attorney General Letitia James that it grossly inflated prices on at least 20 infant formula products after a recall by Abbott Labs led to a nationwide shortage in early 2022. The...
Category
Business
Campbell Soup completes $2.33 billion Sovos deal after delays
(Reuters) - Campbell Soup has completed the acquisition of Rao's Homemade-owner Sovos Brands, the U.S. packaged food maker said on Tuesday, weeks after receiving clearance from the Federal Trade Commission. The closing of the $2.33-billion deal, announced in August...
3M hires outsider Bill Brown as CEO, shares jump
By Ananta Agarwal (Reuters) -Industrial conglomerate 3M has tapped Bill Brown, the former top boss at L3Harris Technologies, as its next CEO, betting on an outsider to steer the company through a period of slowing sales and the fallout of multiple lawsuits. The...