Campbell’s says millennials really like their tomato soup

Campbell Soup Co. says it can thank millennials and their taste for tomato soup for its latest earnings results. The iconic soup company posted better-than-expected earnings and sales in the fiscal second quarter, sending shares soaring more than 7% in Wednesday trading. Mark Clouse, Campbell’s chief executive, said the company’s condensed soups, an item it […]

Coronavirus update: 81,245 cases, 2,770 deaths, Trump to hold virus news conference

The growing number of COVID-19 cases and deaths outside of Asia has put pressure on U.S. officials to more clearly articulate preparedness plans in an effort to ease American worries about the possibility of a pandemic. President Donald Trump tweeted Wednesday that he plans to hold a news conference on Wednesday evening about the novel […]

Businesses worldwide count coronavirus cost. And it’s looking bleak.

Diageo became the latest multinational to measure the impact of the coronavirus epidemic on Wednesday as the world’s biggest spirits maker said the virus could hit profits by up to £200 million ($258.5 million) in 2020. For weeks, companies across the globe have avoided quantifying the true cost of the virus and its potential damage, […]

This diet will help reduce your risk of heart disease, scientists say

Plant-based diets have become all the rage. And your heart will thank you for cutting animal products from the menu. A new study published in the Journal of the American College of Cardiology this week examined how our diets impact our coronary health. Researchers found that a byproduct produced by micro-organisms in people’s guts — […]

Canopy Growth extends gains, but analyst highlights issue that was overlooked in earnings

Canopy Growth Corp.’s U.S.-listed shares rose Monday, extending gains made Friday after the Canadian cannabis company surprised investors with better-than-expected earnings. The stock CGC, +1.07%WEED, -0.70% was up 1.6% and was outperforming rivals after the company beat revenue estimates in its fiscal third quarter. The Friday report sparked a rally across the sector that had lost […]

Bankrupt Dean Foods deals assets to dairy-farming cooperative

The biggest U.S. dairy farming cooperative struck a $425 million deal to buy dozens of plants from bankrupt milk processor Dean Foods Co., in a deal executives said would preserve jobs and markets for farmers’ milk. The deal, which was proposed by Dairy Farmers of America, requires approval of the bankruptcy court and the U.S. […]