Bloomberg Vice President Kamala Harris announced $950 million in contributions from companies including Target Corp. and Nestle SA aimed at addressing poverty and violence that is driving migration from Central America. Target has promised to boost spending in the region by $300 million over a decade and increase the use of vendors from El Salvador, Guatemala and Honduras. Nestle …

Bloomberg Japanese convenience store operator Lawson Inc. is exploring strategic options for its China operation, people with knowledge of the matter said, as consumption in the country recovers after Covid lockdowns. The Tokyo-based firm has held talks with advisers as it weighs possibilities to boost growth in the China unit, including introducing strategic partners and selling minority stakes. Deliberations are …

Bloomberg Makers of infant formula use misleading marketing and aggressive lobbying tactics to drive sales in a $55 billion-a-year industry, according to a three-paper series from the World Health Organisation (WHO). Manufacturers make unsubstantiated claims about their products, such as that they are very similar to actual breast milk or can ease infants’ discomfort, say the WHO papers published in …