Latest Wholesale industry News

Cisco, Monro fall; BJ's Wholesale Club, Synopsis rise

May. 19, 2022 16:22 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Cisco Systems Inc., down $6.64 to $41.72. The seller of routers, switches, software and services cut its profit forecast because of supply chain constraints. Bath...

US company indicted for illegally smuggling valuable eels

May. 03, 2022 09:46 AM EDT

NEW YORK (AP) — The federal government has indicted a seafood distributor and eight of its employees and associates on charges of smuggling valuable eels. The company, American Eel Depot of Totowa, New Jersey, is the biggest importer and wholesale distributor of eel meat in the...

Ceremony marks completion of North Dakota power plant sale

May. 02, 2022 16:41 PM EDT

BISMARCK, N.D. (AP) — A Bismarck company that sells wholesale electricity announced Monday that it has purchased North Dakota’s largest coal-fired power plant from a Minnesota company that had intended to close the facility if no buyer could be found. Rainbow Energy Center LLC...

Judge mediating Hobbs-Brnovich election rules fight

Apr. 29, 2022 20:22 PM EDT

PHOENIX (AP) — A judge in Prescott on Friday seemed skeptical of arguments brought by Republican Attorney General Mark Brnovich that he should order Democratic Secretary of State Katie Hobbs to completely rewrite a set of election rules because Brnovich won't approve them. But...

EXPLAINER: Where do US opioid trials, settlements stand?

Apr. 11, 2022 20:17 PM EDT

The effort to hold drug companies, pharmacies and distributors accountable for their role in the opioid crisis has led to a whirlwind of legal activity around the U.S. that can be difficult keep tabs on. Three trials are underway now, in Florida, West Virginia and Washington state....

Amazon, union organizers face off again in Alabama

Mar. 30, 2022 11:59 AM EDT

BESSEMER, Ala. (AP) — For union organizers at an Amazon warehouse in Bessemer, Alabama, the second time could be a charm — or not. After a crushing defeat last year, when a majority of workers voted against forming a union, the Retail, Wholesale and Department Store Union is...

‘Forager’ for organic grocery store cultivates opportunities

Mar. 27, 2022 09:02 AM EDT

RICHMOND, Va. (AP) — The smell of grassy, earthy spring onions wafted through the hoop house at Broadfork Farm earlier this month as Janet Aardema pulled the hearty bulbs out of the ground, jolting them awake from their winter slumber. She collected bunches at a time and bound them with rubber...

Asian shares rise ahead of Fed decision on rate hike

Mar. 15, 2022 23:44 PM EDT

TOKYO (AP) — Asian shares rose Wednesday as investors awaited a widely anticipated decision by the U.S. Federal Reserve on interest rate policy. Japan's benchmark Nikkei 225 jumped 1.7% in morning trading to 25,784.71. Australia's S&P/ASX 200 added 0.9% to 7,160.00. South...

US producer prices climbed 10% in February from a year ago

Mar. 15, 2022 11:43 AM EDT

Wholesale inflation in the United States shot up 10% last month from a year earlier — another sign that inflationary pressures remain intense at all levels of the economy. The Labor Department said Tuesday that its producer price index — which tracks inflation before it hits...

Platteville fish dealer convicted of selling invasive carp

Mar. 13, 2022 11:41 AM EDT

MILWAUKEE (AP) — A wholesale fish dealer from Platteville has been convicted of illegally selling invasive carp in Wisconsin. Ping Li, co-owner and sole operator of Li Fish Farm, LLC, was convicted in Grant and Dane county circuit courts of two misdemeanor crimes and 17 forfeiture...