Earnings before interest and taxes (EBIT) indicate a company's profitability and are calculated as revenue minus expenses, excluding taxes and interest expenses.

Overhead costs are expenses tied to things other than the production of goods or services. Here's how to calculate overhead.

Nestlé is facing a global health scandal, following the recall of a number of its infant formula products. The food and beverage giant issued the demand over concerns they contain a toxin which can ...

Nestle NESN1.39%increase; green up pointing triangle recalled specific batches of its SMA baby formula, citing the potential presence of cereulide bacteria. The food-and-drink maker, also behind ...

Batches of baby formula are being recalled due to the risk of a toxin that causes nausea, vomiting, and abdominal cramps. Nestle is recalling specific batches of its SMA infant formula and follow-on ...

Jonathan Wosen is STAT’s West Coast biotech & life sciences reporter. You can reach Jonathan on Signal at jwosen.27. Federal appeals court judges on Monday upheld a lower court’s ruling preventing the ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

There is more to Formula 1 than its swift speeds. Behind these thrilling races are integral parts and mechanics that come at a staggering price, all for the sake of victory. Normal cars can be ...

A Pennsylvania plant run by the company, ByHeart, was shut down this year after inspectors found mold, a leaking roof and more than 2,500 dead insects in a food production area. By Christina Jewett ...

Federal health officials said caregivers should stop using all ByHeart powdered formula products after 15 infants in 12 states were hospitalized. By Rylee Kirk ByHeart, a maker of organic baby formula ...

The baby formula company ByHeart said Tuesday that it has recalled all of its infant formula products nationwide, including cans and single-serve sticks. The US Food and Drug Administration and the US ...