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☆ I thought Costco was just for parents, but my partner and I love it. Here are 12 things we buy on a typical trip.
▼ + stars: | 2024-04-15 | by ( Annabel Rocha | ) www.businessinsider.com time to read: +1 min

My partner and I are dual income, no kids, so we shop at Costco for just adults. We love going to Costco for great deals on produce and sparkling water. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: —, haven't Organizations: Costco, Service, Business Locations: Chicago

☆ Ousted former Speaker Kevin McCarthy says fellow GOP Rep. Matt Gaetz 'belongs in jail'
▼ + stars: | 2023-11-30 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

Nearly two months ago, Matt Gaetz kicked off the process to oust McCarthy as speaker of the House. McCarthy said he now thinks Matt Gaetz "belongs in jail." AdvertisementIt's been nearly two months since former Speaker of the House Kevin McCarthy was ousted from his leadership role after fellow Republican Rep. Matt Gaetz forced a House vote on the matter, and there's clearly still bad blood between the two legislators. In an interview with Politico, McCarthy said he thinks Gaetz is more fit for a penitentiary than an office at the Capitol. AdvertisementWhile it's unclear exactly what specific allegations McCarthy was alluding to, Gaetz has a history of run-ins with police and investigators.

Persons: Matt Gaetz, McCarthy, —, It's, Kevin McCarthy, Gaetz, there's, Joel Greenberg, Axios Organizations: Service, Republican, Politico, Capitol, Sunshine State, House, GOP Locations: Florida, Washington ,

☆ U.S. food companies go deal hunting as pandemic growth fades
▼ + stars: | 2023-09-08 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +3 min

Last month, Campbell Soup (CPB.N) struck a $2.7 billion deal for Rao's sauce maker Sovos Brands (SOVO.O). Reuters GraphicsReuters Graphics Reuters Graphics"Large food companies need to add more new concepts, new flavor profiles and new food items because their old brands - though still growing - are not growing at a meaningful rate," Milani said. Packaged food companies "are now faced with some difficult comparisons on organic (sales) and are seeking some strategic, category-specific M&A targets that will propel them through the next few years," Henry said. "Most of the large cap packaged food companies have ... diligently reduced their debt and improved their balance sheet (through the pandemic)...so they have the risk capacity and risk appetite to pursue large-scale acquisitions," CFRA Research analyst Arun Sundaram said. "These packaged food companies need to continue finding ways to stay relevant ... And so one of the easiest ways to do that is through M&A."

Persons: Brendan McDermid, Campbell, There's, Michael Milani, Baker Tilly, Milani, Kraft Heinz, Sarah Henry, Henry, Mills, Luca Zaramella, Hershey, J.P, Morgan, Arun Sundaram, Deborah Sophia, Arun Koyyur Organizations: Campbell Soup, New York Stock Exchange, REUTERS, Sovos, Unilever, Mars, Reuters Graphics Reuters, Reuters, Logan Capital Management, PepsiCo, Mondelez, Barclays, Hostess Brands, Thomson Locations: New York, U.S, North America, dealmaking, Bengaluru

☆ 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

NEW YORK, July 5 (Reuters) - Family-owned food giant Mars Inc on Wednesday agreed to buy Kevin's Natural Foods, which is known for its sous-vide meals, sauces, and side dishes, the companies said. McLean, Virginia-based Mars, which generates about $48 billion in annual sales, has three major businesses - Mars Petcare, Mars Snacking, and Mars Food & Nutrition. After the deal is completed, Kevin's will operate as a standalone brand under the food and nutrition unit. Mars plans to grow its food business through more potential acquisitions in the near term, said Shaid Shah, global president at Mars Food & Nutrition. McCray launched Kevin's after he was diagnosed with an autoimmune disorder, as he wanted to build a food brand that focused on healthy diets.

Persons: Kevin's, Mars, Canin, Shaid Shah, Shah, Dan Costa, Kelsie Costa, Olson, Kevin McCray, McCray, Simpson Thacher, ArentFox Schiff, Sheppard Mullin, Anirban Sen, Abigail Summerville, Jamie Freed Organizations: YORK, Mars Inc, Mars Food, Nutrition, Mars, Heska Corp, Towerbrook Capital Partners, NewRoad Capital Partners, Unilever, Flagstone Foods, Campbell Soup, Citi, Burling, Wells, Wells Fargo Securities, Thomson Locations: McLean , Virginia, Modesto , California, North America, Bartlett, Covington, Wells Fargo, New York

☆ A young couple who owns 23 properties got started with $11,000. They walk through how they find property, increase its value, and then leverage each one to purchase the next.
▼ + stars: | 2022-12-26 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Kevin Paffrath and his spouse Lauren Paffrath leveraged their first home to buy additional property. They bought houses that were below market value and fixed them up. Kevin Paffrath was nervous about purchasing his first property. In an interview with Insider, Kevin, who's running for governor in California, broke down the key steps they took that helped them qualify for the next property purchase. His biggest advice for beginners is to buy property under market value.

☆ Here are the 14 Republican senators who may have doomed their bills in the new GOP House by voting for a major spending bill
▼ + stars: | 2022-12-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Kevin McCarthy even vowed to block House consideration of bills sponsored by GOP senators who voted for it. But a slew of GOP senators voted for it anyway, including 4 who are retiring and 14 who will remain. "Kevin's in a tough spot," Republican Sen. Kevin Cramer of North Dakota, a former House Republican and an opponent of the omnibus himself, told CNN's Manu Raju. "Statements like that... is the very reason that some Senate Republicans feel they probably should spare them from the burden of having to govern." Additionally, four Republican senators who voted for the bill are retiring, making the threat meaningless to them.

☆ Former RNC chair Michael Steele says MTG 'will be the most powerful speaker of the House' if McCarthy wins the speakership, arguing she'll be able to 'control what comes out of Kevin's mouth'
▼ + stars: | 2022-12-03 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Steele said MTG would be the "most powerful" speaker if McCarthy wins the House speakership in January. The ex-RNC chair said on MSNBC that the controversial MTG would constantly have the ear of McCarthy. Steele opined that MTG "will have the opportunity to control what comes out of Kevin's mouth." That small fraction of the party still has political, financial, and other sway and control over the leadership," Steele said. "Marjorie Taylor Greene will be the most powerful speaker of the House because she will have the opportunity to control what comes out of Kevin's mouth around the things that matter to that small cadre," he continued to say.

Khorry Ramey entered the state prison in Bonne Terre, Missouri, on Tuesday morning to visit her father, Kevin Johnson, for a final time. Khorry Ramey with her father, Kevin Johnson, and her son, Kiaus. While she could not be inside the prison, Johnson's witnesses included his spiritual adviser, the Rev. Khorry Ramey and her father, Kevin Johnson. Kevin Johnson at the courthouse in Clayton, Mo., in 2007.

☆ A sentence that never ends: How probation kept a Pennsylvania man locked up through the pandemic — even after his release date
▼ + stars: | 2022-02-04 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +39 min

He was still a teenager when, a year after his school went under, he graduated to a new form of state supervision. Inmates walk the hallways during a media tour of the Curran-Fromhold Correctional Facility in Philadelphia, Pennsylvania, August 7, 2015. And such violations have bloated the probation system, with roughly 250,000 people now subject to restrictions on their freedom. Philadelphia District Attorney Larry Krasner listens during a press conference announcing Danielle Outlaw as the new Police Commissioner on December 30, 2019 in Philadelphia, Pennsylvania. Pennsylvania State Senator Katie Muth was elected in the 2018 "blue wave," defeating the incumbent Republican.

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