Category: Business

U.S. investment firm Artisan Partners on Wednesday called on French food group Danone to separate its medical nutrition business from its baby foods unit and offload its Asian water brand Mizone to boost returns. Danone, touted as a prime target for an activist fund, has come under pressure in recent weeks to make management changes […]

Output at U.S. factories increased more than expected in January even as a shortage of semiconductors weighed on the production of motor vehicles, pointing to resilience in the manufacturing sector recovery. Manufacturing production rose 1.0% last month after gaining 0.9% in December, the Federal Reserve said on Wednesday. That was the ninth straight monthly advance […]