The sustainable shoe company was once valued at $4 billion. But now Allbirds is being sold to the brand management firm American Exchange Group for just $39 million.
Businesses that rely on aluminum are deciding whether to absorb the costs or pass them on to their customers. To make that decision, many are drawing from their experiences with tariffs.
A wave of consolidation is reshaping the middle aisles of the grocery store, as conglomerates sell off food brands to focus on their core businesses. Experts say as fewer companies control more of the market, it gets easier for them to raise prices.