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Unilever CEO to Retire Next Year After Rocky Tenure

LONDON— Unilever UL -3.96% PLC said Chief Executive Officer Alan Jope plans to retire at the end of next year, signaling an end to what has been a challenging tenure at the helm of the maker of Dove soap and Ben & Jerry’s ice cream.The London-based consumer-goods giant said Monday that it would conduct a formal search for a successor and consider both internal and external candidates. The CEO change comes as Unilever seeks to…

Climate Change Forces French Vineyards to Alter the Way They Make Wine

BORDEAUX, France—The wildfire began on an usually dry summer day in a forest bordering the Liber Pater vineyard. Winemaker Loïc Pasquet saw the flames rise and spread toward his precious vines, which produce Bordeaux that sells for $30,000 a bottle.Hours before evacuating Mr. Pasquet and his staff destroyed the grass around the vineyard to prevent it from catching fire and dug trenches to block the blaze’s path. He also sprayed local trees with water drawn from the vineyard’s ponds. The vineyard was spared. The emergency…

Airline’s Pitch to Aspiring Pilots: Fly Our Planes Now, Work for Us Later

Regional airline company Mesa Air Group Inc. is offering a new way for pilots who have gone through initial training to build up the hundreds of additional flying hours they need to qualify for airline jobs.The airline, which flies for United Airlines Holdings Inc., American Airlines Group Inc. and cargo carrier DHL Express, said Thursday that it acquired 29 small two-seat planes with options to buy as many as 75 more over the next year. It plans…

General Mills Posts Higher Sales as Costs Escalate Further

General Mills Inc. GIS 5.60% posted higher sales in its fiscal first-quarter as more consumers eat at home in response to higher prices, including from the food company, as costs escalate further. The maker of Cheerios cereal and Betty Crocker cake mix Wednesday said it now sees costs rising as much as 15% for its current fiscal year, higher than its forecast from June, due to increases for raw materials, labor, freight and fuel.…

Beyond Meat Executive Arrested After Allegedly Biting Man’s Nose in Fight

Beyond Meat Inc.’s BYND -5.10% chief operating officer was arrested in Arkansas over the weekend, after a physical altercation in which he allegedly bit a person’s nose and threatened to kill him. Doug Ramsey, 53, of Fayetteville, Ark., was arrested Saturday night and charged with terroristic threatening and third-degree battery, records from Arkansas’s Washington County show. He was released the…

Oktoberfest Restarts in Munich After Two Years but Beermakers Face Inflation Headache

MUNICH—Oktoberfest, the world’s biggest beer festival, kicks off Saturday after a Covid-induced two-year lull, but German brewers now facing one of their biggest crises in memory fear the party will give way to a painful hangover. The country’s roughly 1,500 breweries are feeling the fallout from Russia’s invasion of Ukraine, its energy war on Europe and the lingering effects of the pandemic. Contracts that kept the cost of ingredients and energy low are starting to expire, forcing companies into the open…