Stuart Woolf, a large almond and tomato producer, recently bulldozed 400 acres of almond orchards in central California — about 50,000 trees that under normal conditions would have produced $2.5 million of nuts every year for another decade. It’s a fraction of the 25,000 acres his family farms, but razing the land was a necessary triage — “Like cutting off ...

There’s plenty of symbolism to Russian editor Dmitry Muratov’s (shared) Nobel Peace Prize. The media outlet he edits, Novaya Gazeta, started, in a way, with another Nobel — Mikhail Gorbachev’s: He spent part of his 1990 Peace Prize to buy computers for the Novaya start-up in 1993. The award also comes almost exactly 15 years after Novaya journalist Anna Politkovskaya ...

Bloomberg French grocer Auchan made a recent approach to acquire rival Carrefour SA for about $19 billion but talks to create the country’s market leader stalled over the terms, according to people familiar with the matter. Auchan had approached Carrefour about a combination that would have seen Auchan, which is owned by the Mulliez family, hold a majority stake in ...