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☆ The US accused China of offering Russia 'every support behind the scenes' for its war on Ukraine
▼ + stars: | 2024-05-30 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Read previewThe US has accused China of covertly supporting Russia's invasion of Ukraine, and suggested that further US and NATO sanctions would be leveled against it. "What we've seen from China to Russia is not a one-off or a couple of rogue firms involved in supporting Russia," Campbell said, according to Reuters. "This is a sustained, comprehensive effort that is backed up by the leadership in China that is designed to give Russia every support behind the scenes." While many Western countries have put sanctions on Russia, China has remained a close economic ally, which has helped Russia finance its war. AdvertisementWhile Ukraine has support from many allies, including the US, UK, and Germany, their support has come in waves that have been disrupted by politics.

Persons: —, Kurt Campbell, Campbell, he'd, Joe Biden, Xi Jinping Organizations: Service, NATO, Business, Reuters, North Atlantic Council, US Locations: China, Ukraine, Belgium, Russia, Europe, Beijing, Iran, North Korea, Germany

☆ Top US general in Europe says Russia has in many ways 'grown back' its military strength to what it was before it invaded Ukraine
▼ + stars: | 2024-04-11 | by ( Ella Sherman | ) www.businessinsider.com time to read: +4 min

Advertisement"They still have as many tanks functioning inside Ukraine as they introduced at the beginning of the war," Cavoli said. The size of Russia's army has exceeded the size it was when it had first invaded Ukraine in 2022. Supreme Allied Commander Europe, General Christopher Cavoli addresses a media conference at NATO headquarters in Brussels, Thursday, Jan. 18, 2024. AdvertisementThe war in Ukraine has left certain elements of the Russian military untouched, and the Russians maintain certain key advantages in industrial, war materiel, and manpower. To stave off Russian forces while waiting for much-needed ammunition and aid, Ukraine has resorted to primarily using drones in combat, but these are no substitute for what Ukraine really needs.

Persons: —, Chris Cavoli, Cavoli, They've, Kurt Campbell's, General Christopher Cavoli, Virginia Mayo Cavoli Organizations: Service, US European Command, Armed, Business, Allied, NATO, AP, Royal United Services Institute Locations: Ukraine, Russia, Brussels, Virginia, London, Kharkiv

☆ Russia's military is 'almost completely reconstituted' as it goes into overdrive to shore up losses in Ukraine: US official
▼ + stars: | 2024-04-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Reports differ on how well Russia is faring in revitalizing its bleeding military after heavy losses in Ukraine. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementRussia has "almost completely" reformed its military capabilities after taking heavy losses in Ukraine, a top US official said on Wednesday. He said Moscow suffered initial setbacks during the Ukraine war but has "retooled and now poses a threat to Ukraine." Related storiesIn the wake of those losses, Russian leader Vladimir Putin has sent his nation's military-industrial complex into overdrive, focusing its economy on producing shells, weapons, and equipment.

Persons: Kurt Campbell, —, Campbell, Moscow, It's, Vladimir Putin, ILYA PITALEV, Boris Pistorius, Volodymyr Zelenskyy, Mike Johnson, CNAS Organizations: Service, Center, New, NATO, Russian, SPUTNIK, Getty, German, Royal United Services Institute, Kyiv, US State Department, Business Locations: Russia, Ukraine, New American, Washington, Europe, China, Saint Petersburg, Lithuania, London, Moscow, Russian

☆ The Long, Strange Decline of Iconic Chicken Soup for the Soul Brand
▼ + stars: | 2024-03-31 | by ( Amanda Chicago Lewis | ) www.businessinsider.com time to read: +39 min

What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. What began as Chicken Soup for the Soul board games and calendars turned into pet food, barbecue sauce, and — yes — soup. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!

Persons: I'd, I've, who'd, John Wayne, Jack Canfield, Canfield, Oprah Winfrey, Tony Soprano's, Russ Kamalski, Laurel, Hardy, Tyler Le, Americus Reed, hadn't, he'd, Johnny Nunez, Getty, Clement Stone, Stone, Napoleon Hill's, Norman Vincent Peale's, Mark Victor Hansen, Hansen, Bennett Raglin, let's, Mark Twain, They're, they'd, Kamalski, Preteen's, Christian Woman's, Mother's, —, Wayne Booth, Booth, Barbara Ehrenreich, David Gray, Amy Poehler, Kenan Thompson's, Patty Aubery, I'm, I, blurbing, Bill Rouhana, Amy Newmark, Newmark, Rouhana, Winstar, Ashton Kutcher, Isaac Brekken, Kevin, Reddit, Chicken, Redbox, You've, We're, Kevin fumed, hicken, orth, ince, eason, rance, ike, osses, ives, ake Organizations: John, Hyatt Regency, Soul Entertainment, Nasdaq, Americus, Wharton, Hyatt, Harvard, Triple, Beverly, Hotel, Canfield, University of Chicago, Oklahoma State, Washington Post, Wall, Company, Connecticut —, NASCAR, Hollywood, Consumer Federation of America, CSSE, Hindenburg Research, Sony Pictures Television, GameStop, YouTube, Soup, ust, anfield Locations: Newport Beach , California, Indonesian, Crackle, Canfield, Nigeria, Japan, France, Ohio, West Virginia, Mali, New York, Anaheim, Florida, ,, Teacher's, Baltimore, China, Australian, Darfur, Southern California, Greenwich , Connecticut, Connecticut, Zillow, Canadian, Wells Fargo's, Redbox, ife

☆ The Long, Strange Decline of One of America's Most Influential Brands
▼ + stars: | 2024-03-31 | by ( Amanda Chicago Lewis | ) www.businessinsider.com time to read: +39 min

What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." By 2003, research found that more young readers seeking solace turned to the Chicken Soup series than to the Bible. What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!

☆ 'The Idea of You' soundtrack producer says he wasn't thinking about One Direction while writing music for August Moon
▼ + stars: | 2024-03-16 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +9 min

This was just 'great pop songs,' or what we thought were great pop songs." Advertisement"You'll see throughout the movie that he's writing 'Dance Before We Walk' and toying with the idea," Kotecha explains. I'm actually not just a manufactured boy band guy, I'm actually a musician and I want to be taken seriously.'" "For the boy band songs," Kotecha explained, "you don't sacrifice the melody for the lyric." "Nostalgia may be kicking in, but I also feel like it's time for another boy band," Kotecha said.

Persons: Hayes Campbell, Kotecha, —, Nicholas Galitzine, Anne Hathaway, Solène, Campbell, Savan, Ariana Grande, Demi Lovato, Michael Showalter, Cathy Schulman, Robinne Lee, I've, Hayes, Carl Falk, Moon, Simon Cowell, Alisha Wetherill, I'm, Harry Styles, Jackson, what's, sister's, NSYNC Organizations: BI, Service, SXSW, Vogue, Amazon Prime Locations: Coachella, Pixar's

SANTA CLARA, Calif. (AP) — The aggressiveness that characterized the turnaround for the Detroit Lions under coach Dan Campbell backfired at the worst possible time. Detroit failed on two fourth-down tries in field-goal range in the second half, contributing to a blown 17-point halftime lead and a 34-31 loss to the San Francisco 49ers in the NFC championship game Sunday. The result was just the fourth conference game loss for a team that held a lead of at least 17 points. A magical season for the Lions ended one game short of the franchise’s first Super Bowl appearance. Detroit remains the only team to play every season of the Super Bowl era without reaching the ultimate game.

Persons: Dan Campbell, Brock Purdy's, Brandon Aiyuk, Jahmyr Gibbs, Josh Reynolds, Campbell, Reynolds, Jared Goff's, Goff, San Francisco, ___ Organizations: Detroit Lions, Detroit, San Francisco 49ers, NFC, Lions, Niners, NFL Locations: SANTA CLARA, Calif, Campbell's, San

☆ The best and worst career advice I ever got
▼ + stars: | 2023-11-28 | by ( Henry Blodget | ) www.businessinsider.com time to read: +4 min

I've gotten some great career advice over 35 years in the workforce. AdvertisementOver the past 35 years, I've been the lucky and grateful recipient of some excellent career advice. I've also gotten lousy career advice, including this:Advertisement"Follow your bliss." The best adviceThe best career advice I ever got, meanwhile, came from one of my first bosses on Wall Street, an investment banker named Jonathan Morgan. Want to change your job, career, life, community, or world for the better?

Persons: I've, —, Joseph Campbell, Campbell, Sarah Lawrence, Jonathan Morgan, Jonathan, I'm Organizations: Service, Yale, Ivy League

☆ Amazon's drone delivery is kind of a joke so far
▼ + stars: | 2023-11-06 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

Amazon operates drone delivery in Texas and California. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . According to a New York Times article, Amazon has been operating its drone technology in College Station, Texas, and Lockeford, California. Prime Air delivery customers receive a one-time Amazon gift card and can access promotional items. AdvertisementAdvertisementIn an email to Insider, Amazon spokesperson Av Zammit said that Prime Air delivery currently operates in clear weather.

Persons: —, it's, Hamburger, Av Zammit, Zammit Organizations: Amazon, New York Times, Service, College Station ,, Air Locations: Texas, California, College Station, College Station , Texas, Lockeford , California

☆ Founders Fund backed Jennifer Campbell's startup before she sold it to Coinbase for millions. Now she's looking to 'harpoon' a startup 'whale' as the firm's newest partner.
▼ + stars: | 2023-10-26 | by ( Melia Russell | ) www.businessinsider.com time to read: +4 min

Jennifer Campbell left Coinbase to become a partner at Founders Fund. Before Founders Fund, Campbell built and sold a crypto prime brokerage startup. Before Campbell invested at Founders Fund, she got funded by them. Before long, she caught the attention of several funds, including her former backers at Founders Fund, circling the same deals. AdvertisementAdvertisement"I felt like I always knew I wanted to come back to Founders Fund," Campbell said.

Persons: Jennifer Campbell, Coinbase, Campbell, —, let's, Fund's, Erin Gleason Organizations: Founders Fund, Fund, Service, SpaceX, Quiet Locations: San Francisco's Presidio, Coinbase, OpenAI

Jacksonville gave the Saints numerous chances to stay in the game, losing two fumbles in the first half and committing several untimely penalties throughout the game. Lonnie Johnson recovered for New Orleans, which stalled on the Jaguars 5 and settled for Grupe's field goal. After their seventh third-down failure of the half, the Saints settled for another Grupe field goal to make it 14-6. Saints: Carr appeared to finish the game in pain, but it was not immediately clear what was ailing him. ... Alontae Taylor left the game briefly in the first quarter with an apparent cut on his nose and returned for the next series.

Persons: — Travis Etienne, Foyesade Oluokun, Trevor Lawrence, Kirk’s, Foster Moreau’s, Chris Olave, Taysom, Michael Thomas, Derek Carr's, Alvin Kamara, Carr, Lawrence, Blake Grupe's, Kirk, Paulson Adebo, Carl Granderson, Tevaughn Campbell, Jamal Agnew, Lou Hedley's, Lonnie Johnson, Etienne, Logan Cooke, Tim Jones, Brandon McManus, Safety Andre Cisco, Alontae Taylor, ___ Organizations: ORLEANS, Jacksonville Jaguars, New Orleans Saints, Jaguars, Indianapolis, Jacksonville, New Orleans outgained Jacksonville, Saints, Houston, New, New Orleans . New Orleans, Safety, NEXT, Travel Locations: Jacksonville, New Orleans, New Orleans outgained, New Orleans ., Pittsburgh, Indianapolis

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Dollar General, Amazon, Meta, SolarEdge & more
▼ + stars: | 2023-10-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

HSBC initiates American Express as buy HSBC said it sees healthy earnings growth for American Express . Mizuho reiterates Meta as buy Mizuho said it's standing by its buy rating heading into earnings later this month. Bernstein reiterates Tesla as underperform Bernstein concluded in an analysis of Tesla that the company is more of an automaker than a tech company. Barclays upgrades Varonis Systems to overweight from equal weight Barclays said it sees numerous positive catalysts ahead for the software company. Northland upgrades SolarEdge to outperform from market perform Northland said investors should buy the dip in shares of SolarEdge .

Persons: Cowen, NVDA, Mizuho, Stephens, Bernstein, Tesla, underperform Bernstein, Warren Buffett, Hershey, Morgan Stanley downgrades JD.com, Morgan Stanley, Gordon Haskett, Todd Vasos, Jeff Owen, Read, Wolfe, today's, Baird, Needham, Oppenheimer, Wells, LULU, Meghan Frank, Howard Tubin Organizations: HSBC, American, American Express, Bank of America, Nvidia, Meta, Barclays, Varonis, Hershey, JPMorgan, Post Holdings, Netflix, Citi, Oshkosh, Lam Research, Materials, Supply, VP Locations: 4Q22, Northland, SolarEdge, Israel, California

☆ Brands endorsed by Travis Kelce, like Pfizer and Campbell's Soup, are also benefitting from Taylor Swift's halo
▼ + stars: | 2023-10-03 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Brands backing Kansas City Chiefs' player Travis Kelce, like Pfizer and Campbell's Soup, are also getting big boosts in engagement from Kelce's possible relationship with pop star Taylor Swift. Pfizer launched a campaign starring Kelce on Sept. 22 encouraging people to get the updated COVID-19 booster shot. There was a 32% increase in searches about Pfizer when that ad ran after Swift's Sept. 25 appearance, compared to before. EDO also found that Pfizer ads with Kelce drove 27% more search activity than Pfizer ads that did not feature him. Also, a Kelce-led TV ad from Experian posted on YouTube on Oct. 1 has already received more than 800,000 views, while a Kelce-less Experian TV ad promoting the same product has only accumulated 189,000 views.

Persons: Travis Kelce, Taylor Swift, Swift, Kelce's, Kelce, Jason Kelce, Marci Raible, Travis, Raible, Experian, NBCUniversal Organizations: Brands, Kansas City Chiefs, Pfizer, Campbell's, NFL, Chiefs, EDO, YouTube, State Farm, DirecTV, MetLife, New York Jets

☆ Taco Bell, Chipotle, and other chains pay managers as much as $180,000. Here's what it takes to land a high-earning fast-food job.
▼ + stars: | 2023-09-30 | by ( Nancy Luna | ) www.businessinsider.com time to read: +11 min

Since the pandemic, fast-food workers have fled the sector, leaving restaurant chains struggling to find help. But how have fast-food general managers, whose duties range from dealing with fussy customers to inventory management, fared over the years? "While Taco Bell Corporate cannot mandate salaries and wages of franchisees, we offer competitive pay rates and encourage franchisees to do the same," Taco Bell said. The chain said 54% of Taco Bell general managers started as restaurant-level workers. Taco Bell President and Chief Operating Officer Mike Grams began his career as an assistant general manager in Detroit, Michigan.

Persons: —, That's, Taco Bell, Burger, Lynsi Snyder, Nancy Luna, Snyder, Harry, Esther Snyder, Matt Marton, Taco, Mike Grams, Chipotle, Scott Boatwright, Edison Graff, Danny Meyer, Angela Campbell, Campbell, Nordstrom, Jersey Mike's, Sweetgreen, John Wooden Organizations: Service, Bureau of Labor Statistics, Taco Bell, Bell, Taco Bell President, LinkedIn, Shake, GMs, The, Shack, Jersey Mike's, Restaurant Business, UCLA Locations: McDonald's, Irvine , California, Taco, Detroit , Michigan, Chipotle, Newport Beach , California, Canada, France, Germany, Las Vegas , Nevada, Las Vegas, Campbell, The New York, Jersey, Charlotte , North Carolina, Charlotte, Seattle, Arlington , Virginia

☆ Hostess surges 19% after the Twinkie maker agrees to $5.6 billion takeover by JM Smucker
▼ + stars: | 2023-09-11 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Hostess stock climbed roughly 19% Monday, while JM Smucker declined as much as 8%. Jelly company Smucker agreed to acquire the Twinkie maker for $5.6 billion. Hostess investors will receive $30 in cash, and 0.3002 share of Smucker's stock for each share of Hostess they owned. Hostess shareholders will get $30 in cash and 0.03002 share of Smucker stock for every Hostess share they owned. In 2016, the company had gone public via a merger with a special purpose acquisition company.

Persons: JM Smucker, Smucker, Ding Dongs, Hostess, Campbell's Soup Organizations: Service, Hostess, Sovos Brands, Unilever Locations: Wall, Silicon

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis 30-year-old earns $134,000 as a food photographer in CanadaSean Audet, 30, lives in Winnipeg, Canada, and earns around $134,000 a year as a food photographer. He has worked with over 200 clients, including McDonald's and Campbell's. Sean was a cook and chef for several years before transitioning to photography. 07:24 2 hours ago

Persons: Canada Sean Audet, Campbell's, Sean Locations: Canada, Winnipeg

☆ Costa Rica beat Saudi Arabia after protest at St James' Park
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

[1/5] Soccer Football - International Friendly - Saudi Arabia v Costa Rica - St James' Park, Newcastle, Britain, September 8, 2023 Saudi Arabia's Ali Abdullah Hazzazi in action with Costa Rica's Manfred Ugalde and Francisco Calvo Action Images via Reuters/Lee Smith Acquire Licensing RightsNEWCASTLE, England, Sept 8 (Reuters) - Costa Rica earned a 3-1 win over Saudi Arabia at St James' Park in a friendly on Friday after a pre-match protest by Newcastle United fans over the use of the stadium by the Saudi team. However, they could not find the equaliser and Costa Rica wrapped up the win when Randall Leal fired home in the 89th. Costa Rica interim coach Claudio Vivas told ESPN: "Keylor Navas has a very distinguished career, playing for Real Madrid is important, it's not for just anyone. A group of Newcastle fans protested before the match against the use of St James' Park by Saudi Arabia, who will play again at the stadium on Tuesday versus South Korea. Saudi Arabia won the last of their thee Asian Cup titles in 1996.

Persons: Park, Saudi Arabia's Ali Abdullah Hazzazi, Costa Rica's Manfred Ugalde, Francisco Calvo, Lee Smith, Keylor Navas, Joel Campbell's, Manfred Ugalde, Jimmy Marin's, Roberto Mancini, Ali Al Bulayhi, Feras Al Brikan's, Randall Leal, it's, Navas, Claudio Vivas, He's, St, Angelica Medina, Janina Nuno, Ken Ferris Organizations: Soccer Football, James, Saudi, St James, Newcastle United, Real Madrid, Costa, CONCACAF, Central Americans, ESPN, United Arab, Newcastle, South, Public Investment Fund, AFC Asian, Thomson Locations: Saudi Arabia, Costa Rica, Newcastle, Britain, Saudi, NEWCASTLE, England, Qatar, Italy, Feras, United Arab Emirates, Croatia, South Korea, Mexico City

(AP) — An Arkansas attorney and blogger has filed a lawsuit against the Arkansas State Police that accuses the agency of illegally withholding public records he requested related to Gov. Sarah Huckabee Sanders' travel and security. The requests included communications regarding the security for Sanders and her husband, Bryan Sanders, and records regarding their costs. Campbell also requested communications and travel records for the State Police plane, which the governor uses for travel, and records related to Sanders’ trade mission to Europe earlier this year. They include an exemption for the governor's “working papers,” and another regarding records related to governor's mansion security.

Persons: —, Sarah Huckabee Sanders, Matthew Campbell, Sanders, Bryan Sanders, Campbell, “ Rather, ” Sanders, “, Alexa Henning Organizations: Arkansas State Police, Gov, State Police, ASP, FOIA Locations: — An Arkansas, Europe, Arkansas

☆ Drowning Death of Obama Family Chef Is Ruled an Accident
▼ + stars: | 2023-08-22 | by ( Eduardo Medina | More About Eduardo Medina | ) www.nytimes.com time to read: +1 min

The personal chef to the Obama family died of accidental drowning last month in a Martha’s Vineyard lake, the chief medical examiner of Massachusetts has ruled, officials said on Tuesday. The chef, Tafari Campbell, 45, of Dumfries, Va., had been visiting the island in late July and was paddleboarding near the former first family’s summer home when he was seen struggling in the water, the Massachusetts State Police said last month. The chief medical examiner’s office has determined that Mr. Campbell's death on July 23 was an accident, Timothy McGuirk, a spokesman for the state Executive Office of Public Safety and Security, said on Tuesday night. Former President Barack Obama and Michelle Obama were not home at the time of the accident, the state police said. Another paddleboarder was on the pond with him at the time and saw him go underwater, the police said.

Persons: Obama, Tafari Campbell, Campbell's, Timothy McGuirk, Barack Obama, Michelle Obama, paddleboarder Organizations: Massachusetts State Police, of Public Safety Locations: Massachusetts, Dumfries, Va, Edgartown

☆ Tesla engineering executive Colin Campbell joins Redwood Materials as technology chief
▼ + stars: | 2023-08-22 | by ( Lora Kolodny | ) www.cnbc.com time to read: +2 min

Redwood Materials, the battery-recycling startup founded by Tesla board member JB Straubel, recently nabbed Tesla's vice president of powertrain engineering, Colin Campbell, to serve as chief technology officer. Based in Carson City, Nevada, Redwood was founded by Straubel in 2017 while he was still serving as Tesla's CTO. Straubel resigned from Tesla in 2019 to focus on Redwood. Another executive at Redwood, operating chief Kevin Kassekert, previously served as vice president of people and places at Tesla. More than 120 people currently work at Straubel's company after previously working for Tesla, according to LinkedIn data.

Persons: JB Straubel, Colin Campbell, Straubel, Campbell, Tesla, Zach Kirkhorn, Vaibhav Taneja, Redwood, Kevin Kassekert Organizations: Materials, Tesla, LinkedIn, Elon, CNBC, Redwood Locations: Carson City , Nevada, Redwood

☆ People online are losing it over Campbell changing the recipe for Rao's pasta sauces after a buyout. The backlash even forced Campbell CEO to say they won't 'touch the sauce.'
▼ + stars: | 2023-08-11 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Campbell Soup is acquiring the parent company of Rao's pasta sauce for $2.7 billion. Fans of the product are going on social media to mourn the end of Rao's saucy goodness. The social media backlash has driven the company's CEO to say they won't "touch the sauce." But within hours of the announcement on Tuesday, social media was rife with fans concerned about the fate of their beloved sauce. "I appreciate all the encouragement on social media, but we are not going to change it," he said, referring to the pasta sauce.

Persons: Campbell, it's, Mark Clouse, Campbell Soup, Clouse, Frank Pellegrino Sr, Campbell's, Sovos Organizations: Service, Twitter, Yahoo Finance, New, Sovos Locations: Wall, Silicon, New Yorks, American

☆ How Rao's pasta sauces went from the kitchen of New York's most exclusive Italian restaurant to be sold to Campbell's in a $2.7 billion deal
▼ + stars: | 2023-08-08 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Specialty foods company Sovos bought the brand in 2017 and grew sales to more than $600 million. Bobby Bank/WireImageSales grew slowly until 2017 when specialty foods company Sovos Brands bought the Rao's Homemade packaged foods division and turned up the proverbial heat. Hermida added that sauce makes up more than 80% of Sovos' business, and that one in eight US households buy Rao's Homemade sauce. Sovos reported Rao's brand sales of $580 million in 2022, largely through Costco and Walmart, and sales have already climbed more than 33% in 2023. On Monday, Sovos announced a $2.7 billion deal with Campbell Soup in which the packaged foods giant would acquire the group, including Rao's Homemade.

Persons: Sovos, Campbell Soup, Frank Pellegrino Sr, Frank Pellegrino, Dino Gatto, Yuri Hermida, Forbes, Hermida, Campbell Organizations: Service, Bobby Bank, WireImage, Sovos Brands, Costco, Walmart Locations: Wall, Silicon, East Harlem, New York, Las Vegas, Los Angeles, Rao's

☆ Campbell to buy Rao's premium sauces maker Sovos for $2.33 bln
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid/File PhotoAug 7 (Reuters) - U.S. packaged food maker Campbell Soup (CPB.N) will buy Michael Angelo's and Rao's owner Sovos Brands (SOVO.O) for $2.33 billion in cash, the company said on Monday, beefing up its meals and beverages business with the maker of premium Italian sauces. Campbell will pay $23 per share for Sovos, a nearly 28% premium to the stock's last close. Sovos' shares were trading at $22.48 while Campbell slipped 1.2% to $44.58 in early trade. Last month, Unilever (ULVR.L) said it would buy frozen yogurt brand Yasso in North America while Mars Inc agreed to buy Kevin's Natural Foods. In May, Campbell Soup sold Emerald Nuts to Flagstone Foods for an undisclosed amount.

Persons: Brendan McDermid, Campbell, Michael Angelo's, beefing, Sovos, Campbell Soup, Arun Sundaram, Savyata Mishra, Savio D'Souza, Shweta Agarwal, Sriraj Organizations: REUTERS, Sovos Brands, Unilever, Mars Inc, Flagstone Foods, CFRA, Thomson Locations: New York City, U.S, North America, Canada, Bengaluru

☆ Barack and Michelle Obama paid tribute to late personal chef Tafari Campbell: 'The emptiness is hard'
▼ + stars: | 2023-08-04 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +3 min

The Obamas paid tribute to late Tafari Campbell, who worked as their personal chef. Campbell, 45, worked at the Obama White House as a sous chef, and continued working as a personal chef for the Obama family after they left office. Massachusetts State Police said they recovered Campbell's body the following morning approximately 100 feet from the shore. "Tafari Campbell showed us what true character looks like," Barack captioned his Instagram post. A screenshot from a 2012 Obama White House video featuring sous chef Tafari Campbell.

Persons: Tafari Campbell, Campbell, paddleboarding, Michelle Obama, Obama, Barack, Tafari, He's, Sherise Organizations: Service, Obama, Massachusetts State Police, Police, Obama White, White, Associated Press Locations: Wall, Silicon, paddleboarding, Massachusetts

Uber and Lyft drivers protest during a day-long strike outside Uber’s office in Saugus, Massachusetts, U.S., May 8, 2019. "The best antidote to unchecked corporate greed and rising inequality is building worker power through a union," Roxana Rivera, the head of the union in Massachusetts, said in a statement. The measures' proponents would then need to gather thousands of signatures to secure their placement on the ballot. The industry-backed proposal follows a similar 2020 measure in California, where the companies persuaded state voters to solidify ride-hail and food delivery workers’ status as independent contractors with some benefits. Reporting by Nate Raymond in Boston; Editing by David Gregorio and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Brian Snyder, Uber, Roxana Rivera, Andrea Campbell, Nate Raymond, David Gregorio, Jamie Freed Organizations: REUTERS, BOSTON, Uber Technologies, Massachusetts Drivers, Labor, SEIU, 32BJ, Thomson Locations: Saugus , Massachusetts, U.S, Massachusetts, California, Boston

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