As indoor farming goes from fantasy to reality, Bowery Farming raised $20m for its "post-organic" vertical farm from a group of investors, including General Catalyst, GGV Capital and GV (formerly Google Ventures), better known for betting on technology than on agriculture.
About 700,000 pounds of canned spaghetti and meatballs products sold under brands including Libby's and Chef Boyardee are being recalled because they might contain milk, an allergen that was not disclosed on the labels.
U.S. producer prices were unchanged in May as energy costs recorded their biggest decline in more than a year, suggesting a moderation in inflation after a rise at the start of the year.
Sometimes there's nowhere to go but up. But the climb back to economic health isn't necessarily easy, as South Africa, once the continent's top economy, is finding out.
As the retail landscape continues to evolve, businesses are finding innovative ways to appeal to consumers' need for online convenience while still attracting brick-and-mortar traffic. How? One solution is to implement buy online pickup in store (BOPIS), which allows shoppers to reserve products online for easy pickup at a nearby location.
Uber, the great disruptor in several areas, seeks to upend many practices in the traditional trucking industry. But it will have to contend with some mighty competition in the 3PL arena.
Apple Inc., which issued the biggest green bond ever sold by a U.S. corporation last year to finance projects fighting global warming, is doing it again.
For decades, economics textbooks argued that suddenly weaker currencies are a boon to growth, because they make a country's exports more competitive or profitable on the global stage, which in turn boosts domestic production and employment. What if that theory no longer holds?