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

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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