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The company announced plans to close one facility in Sparks, Nevada and one in Cobourg, Ontario by the end of 2025.

Trump will impose a minimum 10% tariff on all goods from other countries. Citing large trade deficits, the president also announced higher reciprocal tariffs on several countries. 

Through its financial restructuring, the company eliminated approximately $2 billion of funded debt and is emerging with approximately $600 million of liquidity.

poppi combines prebiotics, fruit juice and apple cider vinegar to create a low-calorie soda with no more than five grams of sugar per serving.

If there’s one thing that’s been dominating headlines lately, it’s eggs.

The investment includes upgrades to critical manufacturing equipment to maximize efficiency in the brewing process.

The five-pronged strategy includes an additional $500 million for biosecurity measures, $400 million in financial relief for affected farmers, and $100 million for vaccine research, action to reduce regulatory burdens, and exploring temporary import options.

The recall is out of an abundance of caution following a notification from the company’s supplier that the “easy-open,” pull-tab can lid on limited products encountered a manufacturing defect that may compromise the integrity of the product seal.

Over the past several months, the company has made progress in safety and quality, with several interventions and innovations implemented across the organization.

The all-cash transaction is valued at approximately $40 million, subject to a working-capital adjustment, and includes relevant trademarks and licenses and the company’s manufacturing facility in Chicago.