Panera Bread Co. has announced that only eggs from chickens not confined in cages will be sold at its restaurants by 2020.
The St. Louis Business Journal reports that the owner of St. Louis Bread Co. is making the transition, which will affect more than 120 million eggs that the restaurant serves each year. The company already uses 21 percent cage-free eggs.
Molson Coors Brewing Co. has reported a third-quarter profit after reporting a loss the year before. The brewer’s $16.6 million profit came as lower costs helped offset a stronger U.S. dollar. Read more here.
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Martha Stewart’s company has reported a loss during the third quarter. Martha Stewart Living Omnimedia Inc. recorded a $1.5 million loss during the quarter while posting $17.5 million in revenue. Learn more here.
Kansas City Southern will reinvest in its infrastructure. The railroad has announced that it will spend approximately $6.5 million on rail and bridge improvement projects on its Vicksburg Subdivision. Find out more here.
-Will Buss, BND business writer