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EU to target Caterpillar, Xerox if US imposes automotive duties

Bloomberg Caterpillar Inc. trucks, Xerox Corp. machines and Samsonite International SA luggage are among US goods that would face retaliatory European Union tariffs should President Donald Trump follow through on a threat to impose automotive duties against the bloc, according to a senior EU official. The person commented on the condition of anonymity because the tit-for-tat list drawn up by ...

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Amazon agrees to disclose carbon footprint this year

Bloomberg Amazon.com Inc. announced it will disclose its carbon footprint later this year, giving consumers and investors new insight into the environmental cost of its popular two-day shipping. The company also pledged in a blog post that half of its shipments would be “net zero” carbon—also known as carbon-neutral—by 2030. The world’s biggest e-commerce company has for years resisted pressure ...

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Kraft Heinz faces existential crisis after $16bn rout

Bloomberg Kraft Heinz Co. might need a new recipe. The packaged food giant reported a troika of bad news — profit that missed estimates, a $15.4 billion writedown on assets and an SEC subpoena — that sent its shares plummeting 27 percent to a record low, a plunge that wiped out more than $16 billion in market value. It seems ...

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