BOCA RATON, Florida/LONDON—Major consumer companies including Kraft Heinz Co. and Conagra Brands Inc. are culling product lines to combat sky-high costs and falling consumer demand, their executives said this week. Many companies started slimming their offerings during the pandemic and are aggressively renewing those efforts, eliminating less-popular items to focus on products on which they…

LONDON—Almost all parents and pregnant women in China, Vietnam, and the UK are exposed to “aggressive” formula milk marketing campaigns that breach global rules set up after scandals more than 40 years ago, according to a new report. The marketing techniques can push women away from breastfeeding and include everything from giving free samples, to…

LAS VEGAS—Planemakers are unveiling new orders and fresh models at the world’s largest business jet show this week as they aim to cash in on a boom in private travel, but executives warn of headwinds due to a capacity crunch. The National Business Aviation Association (NBAA) show returns to an in-person format starting in Las…

LUXEMBOURG—Payments to phone makers to pre-install only Google Search on their devices were not aimed at preventing competition but were necessary for Android to seize market share from Apple, Alphabet’s Google told Europe’s second-top court on Wednesday. Google was addressing the General Court on the third day of a week-long hearing as it tries to…