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Dry Shampoo Recalled Due to Potential Cancer-Causing Ingredient

Unilever U.S. has voluntarily recalled several dry-shampoo aerosol products due to potentially elevated levels of benzene, a chemical that can cause cancer.  The company produced the dry-shampoo products before October 2021 and sold them under the brands of Dove, Nexxus, Suave, Rockaholic, Bed Head and TRESemmé, Unilever said in a statement. The U.S. subsidiary of Unilever PLC UL -0.25% said it recalled a total of 19 dry-shampoo…

Nestlé to Acquire Seattle’s Best Coffee Brand From Starbucks

Nestlé SA NSRGY 1.16% said it has agreed to acquire the Seattle’s Best Coffee brand from Starbucks Corp. SBUX 0.07% , bolstering the Nescafe and Nespresso owner’s coffee business in the U.S. The world’s largest packaged-food maker said Wednesday that the acquisition of the brand, which sells a range of packaged coffee in grocery stores as well as in locations such as workplaces,…

Pernod Ricard to Buy Stake in Tequila Maker Backed by Country Star George Strait

Pernod Ricard SA PRNDY 4.03% has agreed to buy a majority stake in Codigo 1530 Tequila, a premium spirits brand backed by country-music star George Strait, in the distiller’s latest move to boost its exposure to high-end booze in the U.S.  The French company said late Monday it would pay an undisclosed sum to acquire a majority stake in Codigo, which produces a range of ultrapremium and prestige tequilas. Companies across…

Senior KFC Executives Opt for Retirement as Interest Rates Hit Pension Payouts

Rising interest rates are adding to companies’ borrowing costs and triggering higher credit-card bills for consumers. At KFC, they are driving a turnover in senior management.The Louisville, Ky.-based brand’s U.S. chief operating officer, chief financial officer and national field operations director have all notified Yum Brands Inc., YUM -2.65% KFC’s parent, that they will leave the chicken chain at the end of next month, according to company messages viewed by The Wall…

Beyond Meat COO Doug Ramsey Leaves Company After Allegedly Biting Man’s Nose

Beyond Meat Inc. BYND -4.06% parted ways with its operating chief, who had been suspended after being arrested for allegedly biting a man’s nose and threatening to kill him. The plant-based meat company said Friday in a securities filing that Chief Operating Officer Doug Ramsey was no longer with the company. Beyond Meat suspended the executive last month after his arrest following what authorities said was a fight in an Arkansas…

Egypt’s Answer to a Rising Dollar Puts Everyday Items Out of Reach

CAIRO—When customers walk into Ahmed Ali’s pharmacy here, they often walk out without the medicine they need. He has run out of nearly a dozen prescription drugs for common ailments like high blood pressure and osteoporosis.“Every day I have to say that something isn’t available,” said Mr. Ali, 26, whose patients are flying to Turkey or the U.K. to get medicine, if they can afford the flight. Those who can’t turn to a growing black market for prescription drugs. Shortages of medicine, clothing and food are gripping Egypt,…

Spotted lanternflies feast on grapevines, put vineyards at risk

It's 2 p.m. in Pylesville, Maryland, and Mike Fiore is patrolling the vineyards he's owned since 1975 for an insect that recently began wreaking havoc on his property – the invasive spotted lanternfly. "If we don't destroy them, destroy us," said Fiore, a 78-year-old immigrant from Italy whose family has been in the wine business for more than 300 years. "This is the most destructive insect."According to the U.S. Department of Agriculture, the vampire-like planthopper feeds on a wide range of ornamental, fruit and woody…

PepsiCo Raises Guidance Again as Higher Prices Lift Sales

PepsiCo Inc. PEP 0.48% reported a nearly 9% rise in third-quarter revenue and again lifted its sales outlook for the year as it continued to increase prices on its snacks and drinks amid rising costs. The company on Wednesday said that it expected full-year organic revenue—a metric that adjusts for items such as foreign-exchange translations, acquisition and divestitures—to increase 12%, up from the 10% it had forecast in July. It…