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2 mins read
Smucker's 5th-generation CEO said he had to earn his role — and his kids will, too
"J.M. Smucker is a meritocracy, and my journey here took a lot of twists and turns," 53-year-old Ma…
Shubhangi Goel
1 min read
Hostess surges 19% after the Twinkie maker agrees to $5.6 billion takeover by JM Smucker
Shares of the classic jelly company crashed as much as 8% while Hostess stock rallied by more than …
Phil Rosen
3 mins read
Smucker's has found a return-to-office solution that workers seem to like — in-person work for only 22 weeks a year
J.M. Smucker, the maker of jams, jellies, and Jif peanut butter, asks employees to be on its campus…
Lakshmi Varanasi
4 mins read
Jif's peanut butter recall has expanded to more than 100 products, including candy and snacks see the full list
The recall now includes products sold under store brand names from retailers like Walmart, Safeway,…
Mary Meisenzahl
2 mins read
JM Smucker CEO says he's seeing widespread inflation and the company is passing some price increases onto consumers
JM Smucker is the latest in a line of consumer staples companies including Proctor & Gamble, Kimber…
Will Daniel
2 mins read
Millennials are fueling a comeback for Folgers coffee, the century-old canned coffee brand embraced by their Boomer parents
COVID-19 led to stockpiling that largely benefitted the packaged food industry, including ground an…
Mary Meisenzahl
2 mins read
In-N-Out's billionaire heiress started out working kitchen shifts at the chain when she was a teenager because she didn't want 'special treatment'
Lynsi Snyder, whose grandparents founded In-N-Out Burger, started working at the chain as a teenage…
Grace Dean
2 mins read
The 10 companies that give the biggest raises, the best promotions, and have the strongest culture
These 10 companies — including Coca-Cola and J.M. Smucker — ranked the highest across metrics of pa…
Noah Sheidlower
2 mins read
Coca-Cola ranked as the best place to work for career growth in a new study of America's largest companies
The American Opportunity Index 2023 evaluated almost 400 of the largest companies in the US to see …
Sawdah Bhaimiya
6 mins read
Why companies keep betting and losing — on Harry and Meghan
From American Riviera Orchard to new Netflix shows, Harry and Meghan are trying to be media and bus…
Emily Stewart
2 mins read
Walmart says customers on Ozempic are actually spending more money overall
Walmart customers taking Ozempic are spending less on food but more overall, writes Morgan Stanley.
Gloria Dawson
2 mins read
These 24 House Republicans voted for the failed resolution to kick George Santos out of Congress
In a surprise twist, 46 House Democrats voted "present" or against the New York Republican's expuls…
Bryan Metzger
3 mins read
Homesick Americans living in the UK should head to Costco for snacks
Go to Costco for American snacks if you are homesick living abroad. Costco sells many of the Americ…
Grace Dean
3 mins read
Food companies are freaking out about Ozempic, but it's 'hardly an existential threat'
Companies that rely on food sales are preparing for Ozempic's impact. But worries of lost profits h…
Jennifer Ortakales Dawkins
2 mins read
Jif peanut butter recalled over suspected Salmonella outbreak that has hospitalized two people
The outbreak is linked to peanut butter products made at the company's factory in Lexington, Kentuc…
Ryan Hogg
1 min read
LIVE RESULTS: Pennsylvania holds congressional and state legislative primaries
Candidates are facing off for Congress and state legislature in Pennsylvania. The Keystone State lo…
Grace Panetta,Warren Rojas
2 mins read
All but 16 House Republicans vote against bill to allow Puerto Rico to decide its future
The bill, unlikely to pass the Senate this year, was opposed by Republicans on the grounds that it …
Bryan Metzger
2 mins read
The prices of corn, cotton, and wheat have surged more than 50% over the past year - and it's driving up the cost of everything from Coca-Cola to diapers
Commodity prices are rising, and consumer-staple giants like Coca-Cola, Procter & Gamble, and Gener…
Will Daniel
4 mins read
The Fed says inflation is transitory, but these 10 companies have already said they'll pass along rising costs to customers
Recent data showed consumer prices jumped 5% on a year-over-year basis in May, stoking the ongoing …
Will Daniel
3 mins read
From trash bags to kitchen appliances, here's a slew of household staples that are about to get more expensive
Glad trash bags, Huggies, Tampax tampons, Dunkin' coffee, and Cheerios are likely to get more expen…