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Campbell's CEO Serves Up Warning For Restaurants As "Resilient" At-Home Cooking Trend Gains Steam
Campbell's CEO Serves Up Warning For Restaurants As "Resilient" At-Home Cooking Trend Gains Steam
There is not much to get excited about in canned-soup maker Campbell's third-quarter results, with sales slumping and softness in its snack unit weighing on performance. But one revealing detail from management's earnings call earlier on Monday offers a broader read-through on the consumer: households may be spending much more time cooking at home and pulling back from restaurants in the second half of the year.
The canned-soup maker reaffirmed its full-year outlook, but Wall Street analysts...
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Trump Blames ‘Unpatriotic’ Republicans for Making It Difficult to Negotiate with Iran
President Donald Trump said that “Dumocrats” and “unpatriotic Republicans” are harming his negotiating position with Iran. “Iran really wants to make a deal, and it will be a good one for the U.S.A. and those that are with us,” the President wrote on Truth Social Monday. “But don’t the Dumocrats, and various seemingly unpatriotic Republicans, […]
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Trump, Xi Put Hormuz, Iran, Trade, Taiwan At Center Of Historic Beijing Summit
Trump, Xi Put Hormuz, Iran, Trade, Taiwan At Center Of Historic Beijing Summit
President Trump and Chinese President Xi Jinping are currently seated at the main table at a state banquet. President Xi called the visit historic, and said U.S.-China ties are "stable" amid talks with Trump's team.
President Xi offers a toast at the state banquet dinner in Beijing: "To the bright future of China-U.S. relations, and the friendship between the two peoples, and to the health of President Trump and all of the friends present." pic.twitter.com/VmJeU4Xk1f
— Rapid Response 47...
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