Afternoon Coffee: SABMiller Scraps Plans for New Supply Chain Jobs, Industrial Production Falls in October

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SABMiller said it will no longer create two new supply chain positions after it officially acquires AB InBev. SABMiller originally planned to create a group director of integrated supply position and a role for a group director of human resources.

U.S. industrial production declined in October 0.2%, in part because of falling crude oil prices discouraging oil drilling activity. Mild weather also played a role, as electricity use was down for the month.

The U.S. consumer price index increased in October, however, by 0.2%. The rise comes after two months of declines to the index.

Taco Bell joined a growing group of fast food companies this week that plan to switch to using only cage-free eggs. The chain said it would make the move by the end of 2016.

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