Bloomberg Procter & Gamble Co. (P&G) agreed to acquire Mielle Organics, a beauty company that makes products for textured hair. Mielle will operate as an independent subsidiary of P&G Beauty and will continue to be led by husband-and-wife duo Monique and Melvin Rodriguez, who founded the company in 2014. The companies didn’t disclose terms of the deal. P&G Beauty’s ...

  Bloomberg Budget frozen food retailer Iceland Foods is reducing the amount of chilled food it sells to try to lower the business’s energy bills. The supermarket chain is stocking more room-temperature products instead of chilled, Chairman Richard Walker said in a phone interview. Iceland is also using more modern fridges, putting doors on warehouse fridges and putting solar panels ...

  Bloomberg The largest known deposit of rare earth minerals in Europe has just been discovered in Sweden’s Arctic, with potential to help the continent break free from China’s dominance on the market for the resources. The deposit, found by Swedish state-owned mining company LKAB, contains more than 1 million tons of rare earths, according to a statement on Thursday. ...