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Consumer Products & Retail News Headlines

U.S. buyback announcements slow, but on track for $1 trillion - TrimTabs

U.S. companies' taste for their own shares is set to push buybacks past the $1 trillion-a-year mark for the first time as soon as November, TrimTabs Investment Research said, even as its latest data showed the pace of new repurchase announcements slowing during the second-quarter reporting season.

Global food waste could rise by a third by 2030 - study

LONDON, Aug 21 (Thomson Reuters Foundation) - Food waste could rise by almost a third by 2030 when more than 2 billion tonnes will be binned, researchers said on Tuesday, warning of a "staggering" crisis propelled by a booming world population and changing habits in developing nations.

Serta Simmons to merge with Tuft & Needle

Mattress maker Serta Simmons Bedding LLC will merge with Tuft & Needle as the two companies look to take on stiff competition from cheaper Chinese products in the U.S. market.

With sensors and apps, young African coders compete to curb hunger

KIGALI, Aug 21 (Thomson Reuters Foundation) - From an app to diagnose disease on Zambian farms to Tinder-style matchmaking for Senegalese land owners and young farmers, young coders have been finding solutions to hunger in the first Africa-wide hackathon on the issue.