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☆ In Ireland’s ‘Forgotten County,’ a Tiny Inn Does It Right
▼ + stars: | 2023-08-08 | by ( Tom Downey | ) www.nytimes.com time to read: +1 min

During pandemic-induced downtime, Mr. Campbell and Ms. Burke added a fourth room to the hotel, which they believe is the biggest they can become while still staying true to their ideal of a hotel run completely hands-on, by them. They have also added multiday chef-driven experiences to replace the one-night pop-up dinners they previously hosted. Breac House visitors can now meet guest chefs not just for a few words after dinner, but over the course of three days, visiting nearby farms together, eating meals and sharing drinks. (The cost for two nights lodging and breakfast, as well as two dinners and excursions, is 2,950 euros for two.) Breac House’s success, so evident at this meal, presents a perhaps unsolvable dilemma: How to provide this level of engagement and intimacy to the many more guests who want it, without compromising the essence of what a place like Breac House has created.

Persons: Campbell, Ms, Burke, Cuan Greene, “, Covid Organizations: Breac, New York Times, Travel Dispatch Locations: Noma, Dublin

☆ 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’s Sauce Upgrade With Rao’s Looks to Be Worth the Cost
▼ + stars: | 2023-08-07 | by ( Aaron Back | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/campbell-upgrades-its-sauce-game-ab9823e2

Persons: Dow Jones, campbell

☆ Three-Stock Lunch: Tyson Foods, Campbell Soup and DaVita
▼ + stars: | 2023-08-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Tyson Foods, Campbell Soup and DaVitaEva Ados, Eshares COO, joins ‘Power Lunch’ to discuss three stocks: Tyson Foods, Campbell Soup and DaVita.

Persons: Tyson, Campbell, DaVita Eva Ados Organizations: Tyson Foods

☆ Campbell Soup Company buys Sovos Brands, maker of Rao’s for $2.7 billion
▼ + stars: | 2023-08-07 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

New York CNN —Iconic canned soup company Campbell is expanding its reach in the Italian food market. Campbell (CPB) announced Monday that it would acquire Sovos Brands, maker of the popular Italian food brands like Rao’s sauces and Michael Angelo’s frozen entrees, as well as noosa yogurt, in a deal worth $2.7 billion. But Campbell said Rao’s sauces attract a different consumer set than Prego’s. “Rao’s is the premium, market-leading sauce and it strengthens and diversifies our Meals & Beverages portfolio, complementing the core, mainstream portfolio,” the company told CNN. Sovos Brands founder and head Todd Lachman called the acquisition a “momentous occasion.”“We have built a one-of-a-kind, high growth food company focused on taste-led products across a portfolio of premium brands, anchored by the Rao’s brand,” he said in a statement included in Campbell’s news release.

Persons: Campbell, Angelo’s, “ We’re, ”, Mark Clouse, Rao’s, Michael Angelo’s, Todd Lachman Organizations: New, New York CNN, Campbell, Sovos Brands, Beverages, CNN, “ Locations: New York, noosa, “ noosa

There are multiple types of index funds, including:Broad market index funds: Index funds that try to track the overall performance of an entire asset class throughout the entire stock market. Fixed-income and debt index funds: Index funds that track bond indices for low expense ratios. International index funds: Index fund that invests funds in assets outside of the US. Sector-based index funds: Index funds that invest funds in a specific sector of the market, such as technology or even certain company services. Socially responsible index funds: Similar to sector-based index funds, socially responsible index funds invest specifically in companies that focus on environmental, social, and governance (ESG) services.

Persons: Warren Buffett, It's, Julian Schubach, Louis, Ameritrade, Charles Schwab, you've, Schwab Organizations: Service, Independence, US, Rutgers, Nasdaq, Nasdaq Stock Market Dow, NYSE, New York Stock Exchange, U.S, Federal Reserve Bank of St, Market, Fidelity, Vanguard, Chevron Locations: Wall, Silicon, Chevron

Here are four important steps to take to determine just how much money you'll need to save:1. Calculate how much you'll need to save during retirementUnderstanding what you expect retirement to look like will help determine how much you'll need in order to fund that lifestyle. In retirement, your savings will cover many of the same expenses that you had prior to retirement. This rule states that retirees can withdraw up to 4% of their retirement savings in year one of retirement. So, if you have $2,000,000 in retirement savings, you would withdraw $80,000 that first year.

Persons: you'll, it'll, Jim Ludwick, They're, Roth, Ludwick, Tolen Teigen, Everyone's, Charles Schwab Organizations: Service, Gallup, Utilities Insurance, Inc, Fidelity, Social Security, IRA, Roth IRA, Consulting, Security Locations: Wall, Silicon, Chevron

☆ 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

☆ Sovos business is at 14% household penetration, says Campbell CEO Mark Clouse
▼ + stars: | 2023-08-07 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSovos business is at 14% household penetration, says Campbell CEO Mark ClouseCampbell Soup CEO Mark Clouse joins 'Mad Money' host Jim Cramer to talk the acquisition of Sovos, the state of the consumer and more.

Persons: Campbell, Mark Clouse Campbell, Mark Clouse, Jim Cramer Organizations: Sovos

☆ Campbell Soup CEO talks merger with Rao's sauce maker: 'This is a juggernaut'
▼ + stars: | 2023-08-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Campbell Soup CEO Mark Clouse told CNBC's Jim Cramer on Monday that his company's acquisition of Rao's sauce maker Sovos Brands is one of the best growth stories in the food business. Along with Rao's, Sovos also owns yogurt brand Noosa and frozen food brand Michael Angelo's. However, the premium Italian sauce brand is Sovos' money maker, representing 69% of its adjusted net sales in 2022, the company said. Clouse said the acquisition was an opportunity to drive Sovos' household penetration, or the portion of households reached by the products. He said the business is currently at 14% household penetration, while the benchmark for a premium brand is around 20%.

Persons: Campbell, Mark Clouse, CNBC's Jim Cramer, Rao's, Sovos, Michael Angelo's, Clouse, Monday's Organizations: Sovos, Pepperidge Locations: Noosa

☆ Stocks making the biggest moves midday: Tesla, Berkshire Hathaway, PayPal, Cinemark and more
▼ + stars: | 2023-08-07 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

The company earned €168 million in revenue, while analysts polled by Refinitiv expected €672 million. The company reported adjusted net income and revenue that beat expectations for the second quarter. Viatris reported revenue of $3.92 billion, while analysts polled by StreetAccount called for $3.86 billion. PayPal – PayPal stock climbed 2% after launching its first stablecoin, PayPal USD, backed by the U.S. dollar on Monday. Analysts polled by FactSet are forecasting an adjusted 5 cents per share on $534.2 million in sales.

Persons: Tesla, Zach Kirkhorn, Vaibhav Taneja, Taneja, BioNTech, Refinitiv, Tyson, Berkshire Hathaway, Warren, StreetAccount, Andrew Mok, Sovos, Campbell, Sovos Brands, Campbell Soup, Morgan Stanley, Benjamin Swinburne, Oppenheimer, Yun Li, Alex Harring, Samantha Subin Organizations: Refinitiv, Berkshire, Warren, UBS, Sovos, PayPal, U.S, FactSet Locations: Gruenheide, Germany, BioNTech –, stablecoins, U.S

☆ Stocks making the biggest moves premarket: Sovos Brands, BioNTech, Tyson Foods and more
▼ + stars: | 2023-08-07 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Tyson Foods — Shares of the food processing company fell more than 7% after Tyson's fiscal third-quarter report missed estimates on the top and bottom lines. Tyson generated 15 cents in adjusted earnings per share on $13.14 billion of revenue. Analysts surveyed by Refinitiv were expecting 26 cents per share on $13.59 billion of revenue. Sovos Brands — Shares of Rao's parent Sovos Brands' popped 25% in premarket trading after food giant Campbell Soup said Monday it would acquire the pasta sauce maker for $2.33 billion. Campbell will pay $23 per share for the company, which is 27.6% higher than the Sovos Brands' last closing price.

Persons: Tyson, Refinitiv, DaVita, Campbell Soup, Campbell, Wells, Warren Buffett's, BioNTech, it's, Nikola —, Viatris, —, Fred Imbert, Samantha Subin, Yun Li, Tanaya Macheel, Jesse Pound Organizations: UBS, Brands, Campbell Soup, Berkshire Hathaway —, KKR —, KKR Locations: Covid

☆ Was Hip-Hop Really Invented 50 Years Ago?
▼ + stars: | 2023-08-04 | by ( Dan Charnas | ) www.wsj.com time to read: 1 min

The music world has been gearing up for Aug. 11, which will be widely celebrated as the 50th anniversary of the birth of hip-hop. The story goes like this: On that date in 1973, in the rec room of an apartment building on Sedgwick Avenue in the Bronx, a teenager named Cindy Campbell threw a party, charging admission to raise money so that she could buy clothes for the coming school year. This gathering, one of many that her brother Clive would DJ as “Kool Herc,” is counted by many as the birth of the yet-nameless genre, in part because Herc is said to have honed its foundational musical impulse there.

Persons: Cindy Campbell, Clive, Kool Herc, ”, Herc Locations: Sedgwick, Bronx

☆ The Synagogue Attack Stands Alone, but Experts Say Violent Rhetoric Is Spreading
▼ + stars: | 2023-08-04 | by ( Campbell Robertson | ) www.nytimes.com time to read: +1 min

Mass shooters do not often end up on trial. Many are killed or take their own lives in their attacks, some leaving behind a manifesto explaining why they acted, others leaving a mystery. From the testimony of prominent psychiatrists and aging relatives emerged a portrait of the gunman, Robert Bowers, that was at once shocking and strangely familiar. It depicted an isolated, unhappy man who had grown obsessed with dark and deranged ideas, such as the notion that Jewish people were part of a conspiracy to destroy the white race. “But when you have seen this promoted for 20 years, 40 years, among thousands and thousands of people, in their books and the propaganda and online forums, it’s clear that these are subcultural beliefs.”

Persons: Robert Bowers, “, Park Dietz, ” Locations: Pittsburgh

☆ 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

☆ How ‘gray rocking’ can protect you against narcissists
▼ + stars: | 2023-08-04 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

Here is what you need to know about narcissists and how to gray rock your way out of conflict with them. It depends on what you mean by narcissist, Malkin said. In conflict, or even just in conversation, it is important to protect your sense of self and independence from narcissists, Ashway said. If the person is likely to just be a jerk, gray rocking may be very helpful. Important to remember, though, is that gray rocking is not about changing the behavior of the narcissist, Malkin said.

Persons: ” Gray, narcissists, Keith Campbell, I’ve, ” Campbell, Craig Malkin, narcissist, Malkin, Campbell, …, Covert, ”, “, you’ve, Deborah Ashway, Ashway, “ They’re, “ It’s Organizations: CNN, University of Georgia, Harvard Medical School Locations: Cambridge , Massachusetts, New Bern , North Carolina, narcissists

☆ Judge to Impose Death Sentence in Pittsburgh Synagogue Shooting
▼ + stars: | 2023-08-03 | by ( Campbell Robertson | ) www.nytimes.com time to read: 1 min

The gunman who killed 11 worshipers in a Pittsburgh synagogue will be formally sentenced to death on Thursday morning by the judge who presided over the three-month trial in U.S. district court. Jurors in the case decided on Wednesday that the gunman, Robert Bowers, should be given the death penalty, and the judge, Robert Colville, is bound by the jury’s decision. But the hearing could be more than the imposition of the sentence. Family members of those who were killed will have a chance “to share the impact of their losses, to describe how the defendant’s crimes have impacted them and their families,” said Eric Olshan, the U.S. attorney for the Western District of Pennsylvania. Unlike the penalty phase of the trial, when some relatives were called to testify and asked about the magnitude of their losses, Thursday’s hearing will allow them to speak on their own terms.

Persons: Robert Bowers, Robert Colville, ”, Eric Olshan Organizations: Western, Western District of Locations: Pittsburgh, U.S, Western District, Western District of Pennsylvania

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

PinnedThe massacre of 11 worshipers at a Pittsburgh synagogue in 2018 is considered the deadliest antisemitic attack in U.S. history. “Finally, justice has been served,” said Leigh Stein, whose father, Dan Stein, was killed in the attack. Image Relatives of the victims of the Pittsburgh synagogue mass shooting spoke on Wednesday after jurors recommended that the gunman be sentenced to death. The defense called no witnesses in that part of the trial, as there was never any dispute that Mr. Bowers had carried out the attack. The police rushed to the synagogue and, after exchanging gunfire with Mr. Bowers, eventually cornered him in a classroom.

Persons: Robert Bowers, “, ”, Leigh Stein, Dan Stein, Biden, ” Merrick, Garland, Robert Colville, Justin Merriman, Howard Fienberg, Joyce Fienberg, we’ve, ” Weeks, Bowers, Dor Hadash —, Cecil, David Rosenthal, Fienberg, Irving Younger, Sylvan Simon, Simon’s, Bernice, Rose Mallinger, Jerry Rabinowitz, Dor Hadash, Richard Gottfried, Stein, Melvin Wax, Judy Clarke, Satan, Ms, Clarke, ” Eric Olshan, “ It’s, that’s, Doris Dyen, Jon Moss Organizations: “, Justice Department, The New York Times, Jewish Community Center of Greater, ., New, Prosecutors, Western, Western District of Locations: Pittsburgh, U.S, Jewish Community Center of Greater Pittsburgh, Western District, Western District of Pennsylvania

Some said that as raw and painful as the trial was at moments, it was the first time that they had truly learned what happened that day. To others, it signified a break with a long and tragic history of governments looking away when Jewish people were targets of violence. That this is where we are, this is where we’ve been, and this country is where we belong. We remain a part of it and we always will.”Weeks before deciding that Mr. Bowers should be sentenced to death, the same jury found him guilty on all 63 of the federal counts that he had been facing, including an array of hate crimes. The defense called no witnesses in that part of the trial, as there was never any dispute that Mr. Bowers had carried out the attack.

Persons: ”, Howard Fienberg, Joyce Fienberg, we’ve, ” Weeks, Bowers, Dor Hadash —

The pews were full at a Shabbat service at the Sixth & I synagogue in Washington in November 2018, held in memory of the victims of the Pittsburgh synagogue shooting. Over the nearly five years since 11 people were murdered in a Pittsburgh synagogue, the deadliest antisemitic attack in the country’s history, the question of justice has loomed, unresolved. Soon, the jury in the federal trial will make a decision that is central to that question of justice: whether Robert Bowers, the man who carried out the attack, should be condemned to death. Talmudic jurisprudence is strongly averse to the death penalty, Rabbi Kalmanofsky said, but Jewish citizens should understand that this is ultimately a decision in the hands of a secular justice system. And while rabbinical tradition holds that the death penalty should be extremely rare, he said, it acknowledges “that sometimes there are incredibly exigent circumstances.”

Persons: Robert Bowers, Jonathan Perlman, ” Miri Rabinowitz, Jerry Rabinowitz, Jeremy Kalmanofsky, Rabbi Kalmanofsky, ” Organizations: The Pittsburgh Jewish Chronicle, New, U.S, Attorney, Conservative Locations: Washington, Pittsburgh, The Pittsburgh

☆ Terence Crawford Stands Alone at the Top of Boxing
▼ + stars: | 2023-07-30 | by ( Morgan Campbell | ) www.nytimes.com time to read: +1 min

He had the World Boxing Organization welterweight title belt, which he has owned since 2018, draped over his left forearm, along with the green World Boxing Council belt, which he had just won from Errol Spence Jr. The other two belts, from the International Boxing Federation and the World Boxing Council, rested with members of Crawford’s entourage, who followed him to ringside for the postfight news conference. Crawford greeted Spence, whom he had just defeated by technical knockout in the ninth round of the most important boxing match of the year. Spence, his face red and swollen, and Crawford, his face unblemished, hugged and spoke with each other. Before Spence could exit, Crawford handed him the W.B.C.

Persons: Terence Crawford, Errol Spence Jr, Crawford, Spence Organizations: Mobile, Boxing, Boxing Council, International Boxing Federation, World Boxing Council Locations: Las Vegas

☆ Terence Crawford Knocks Out Errol Spence in One-Sided Bout
▼ + stars: | 2023-07-30 | by ( Morgan Campbell | ) www.nytimes.com time to read: +1 min

But in Round 2, a quick exchange of punches ended with a short right jab from Crawford that put an off-balance Spence to the canvas. Spence opened the next round on offense, as if to prove the punch had not damaged him. As the punch traveled toward Crawford’s head, Crawford fired a short, sharp right hook that dropped Spence a second time. For Crawford, the result was a lesson on the value of turning defense into offense. Spence had hinted that the Crawford bout would be his last in the 147-pound welterweight division.

Persons: Crawford, Spence, Harvey Dock, ”, “, ” Spence, Cody Crowley, Jaron Ennis Locations: Crawford’s, Philadelphia

☆ More women are aiming to become church leaders. Together, they could change American Christianity
▼ + stars: | 2023-07-30 | by ( Aj Willingham | ) edition.cnn.com time to read: +12 min

How the presence of women church leaders has grownStudents pray at the opening of a women's ministry class at the Southwestern Baptist Theological Seminary in Fort Worth, Texas in 2021. However, numbers across different denominations reveal the same pattern: More women in training, more women being ordained. How women can change the church that isPeople at a pro-women ordination demonstration in New York City, circa 1970. FPG/Getty ImagesFuller Theological Seminary, where Abernethy works, is one of the largest seminaries in the US and one with a noted history of championing female faith leaders. So women and women of color have never really served just one function or one role.

Persons: —, They’ve, ”, Alexis Abernethy, “, LM Otero, Let’s, Eileen Campbell, Reed, FPG, Abernethy, that’s, “ I’ve, Linda Barnes Popham, Christiana Botic, Emily Badgett, Emily, ” Badgett, Badgett, it’s, Suzie Sang, “ It’s, Sang Organizations: CNN — Christian, Roman Catholic, Southern Baptist, Fuller Theological Seminary, Southwestern Baptist Theological Seminary, Evangelical Lutheran Church of America, ELCA, United Church of Christ, CNN, “, Fern Creek Baptist Church, New York Times, Candler School, Theology, Emory University, Women, Fuller, Southern Baptist Convention, The Methodist Locations: Southern, Pasadena , California, Fort Worth , Texas, New York City, it’s, Fern Creek, Atlanta, Christianity

☆ What Spence-Crawford Lacks in Trash Talk, It Makes Up in Talent
▼ + stars: | 2023-07-28 | by ( Morgan Campbell | ) www.nytimes.com time to read: +1 min

Saturday’s world title fight will be his eighth. The Spence bout is his 18th consecutive world title fight. Spence’s trainer, Derrick James, traded insults with Crawford’s head coach, Brian McIntyre. James argued with the Crawford supporters who had gathered at T-Mobile Arena for the news conference. Crawford began the event pleading for calm between the two camps, and ended it exchanging R-rated barbs with the loudest member of Spence’s entourage.

Persons: Errol Spence Jr, Terence Crawford, Spence, Crawford, Derrick James, Brian McIntyre, James, McIntyre Organizations: Mobile Locations: Long, Dallas, Omaha, Neb

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