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In December 1990, Drayton McLane sold McLane Company to Wal-Mart Stores, Inc. for 10.4 million shares of Wal-Mart stock and an undisclosed amount of cash. [ 2 ] McLane Company entered the foodservice business in December 2000, when it acquired certain assets from AmeriServe Food Distribution to create McLane Foodservice.
Jim Walton's net worth just passed $100 billion for the first time. The Walmart heir's wealth has surged by $28 billion this year due to the retailer's soaring stock. His brother and sister, Rob ...
Ally Financial (NYSE: ALLY) has become the largest all-digital U.S. bank, attracting customers with its low fees and high savings rates. It's already on many investors' radars because it's a ...
United Airlines flight attendants have voted 99.99% in favor of authorizing a strike if executives fail to agree to increase their benefits. The results of the group's vote, in which over 90% ...
Stocks pushed higher as positive retail sales surprised investors. The data signals continued consumer strength, easing fears of a recession. All eyes are on the Federal Reserve's likely interest ...
Nothing screams fall like a hot, steaming bowl of homemade soup. As soon as the leaves start to change and everything around smells like crisp cool air and apple pie, soups of all kinds are ...
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