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Food & Services

Politics

The first-stage trade pact reached by the U.S. and China last week could be a boon to American farmers hard hit by the trade war, but the agricultural sector’s relief over a deal is being tempered by skepticism over the ambitious targets set by U.S. negotiators.

WSJ News Exclusive

Food retailers such as Albertsons are making big bets on small warehouses to bulk up their growing delivery businesses, as supermarkets try different approaches to get groceries to customers more efficiently.

Heard on the Street

The threat of stricter tobacco controls in the U.S. has wiped billions of dollars off the stock-market valuations of big cigarette companies. But they have more ways to cope with the fallout than investors are giving them credit for.

Crime

The two shooters who killed four people in an hourslong rampage supported anti-Semitic groups online and are the lead suspects in the recent murder of an Uber driver, officials said.

Economy

The new trade agreement with Mexico and Canada won’t bring an economic boom, but it could cushion the U.S. in the face of slowing global growth as it boosts some industries and removes a big source of business uncertainty.

Overheard

China’s rapidly expanding surveillance state is a concern for foreign investors, as former investment darlings like Hikvision come under U.S. regulatory scrutiny, as well as for many ordinary Chinese citizens. They increasingly find themselves watched by phalanxes of facial recognition cameras even in the most mundane retail settings.

U.S.

Many farmers sought to capitalize on surging demand for cannabidiol, which proponents say has medical benefits. But wholesale prices for plant matter used in CBD production fell as much as 53% between April and October.

The A-hed

Mickey Mouse Birthday Cake Oreos, pickle-flavored almonds. A cadre of snack food aficionados sniff out new goodies before they hit shelves. ‘I felt the adrenaline rush.’

Politics

Trade talks between the U.S. and China are in danger of hitting an impasse, threatening to derail the Trump administration’s plan for a limited pact this year as both sides stand firm on key issues including tariffs and agricultural purchases.

Earnings

Walmart said sales rose in the most recent quarter, a sign that the retailer continues to take market share from competitors and benefit from strong consumer spending ahead of the holiday shopping season.

Business

McDonald’s said it has fired Chief Executive Steve Easterbrook because of his consensual relationship with an employee, the latest challenge for the company as it races to keep up with changes reverberating throughout the food industry.

The A-hed

Vintners in Scandinavia are growing bold with their marketing, winning awards and prompting predictable sniffs from the French. ‘I don’t think they are at all our level yet.’

World

China has promised to buy more U.S. farm products, but questions remain over how much, the time frame for purchases, and what the U.S. might have to give in return.

Business

Farmers who delayed planting in waterlogged fields this spring face a new threat as they race to harvest their crops: snow.