Day: February 3, 2017

The soup business has grown cold. Inside Campbell’s plan to turn up the heat.

In the research and development kitchen at Campbell Soup, chef Todd Lyons spent much of the past 18 months fine-tuning a batch of new recipes. Would shoppers go for chicken noodle soup with kale added as a healthful twist? Would a cauliflower soup seasoned with dill land in their shopping carts? Lyons was creating the culinary prototypes for two of three new lines that the packaged-food empire has rolled out on supermarket shelves in recent months.

Trump to target long-awaited rule meant to protect retirement savers

FEBRUARY 03: U.S. President Donald Trump delivers opening remarks at the beginning of a policy forum with business leaders chaired by Blackstone Group CEO Stephen Schwarzman in the State Dining Room at the White House February 3, 2017 in Washington, DC. Leaders from the automotive and manufacturing industries, the financial and retail services and other powerful global businesses were invited to the meeting with Trump, his advisors and family.

U.S. Said to Plan Announcement of $8.2 Billion F-35 Contract

The White House is planning to announce on Friday a contract for 90 F-35 jets from Lockheed Martin Corp. valued at as much as $8.2 billion, according to a source familiar with the plan who asked not to be identified. The contract represents the 10th and latest tranche in a $379 billion program, the Pentagon’s most expensive, which has come under fire by President Donald Trump for “out of control” costs.

Dakota Access Pipeline Seen Operational in Second Quarter

The $3.8 billion Dakota Access crude oil pipeline won’t start up until the second quarter of this year, according to stakeholder Phillips 66. Energy Transfer Partners LP, the developer of the pipeline, had previously said the project would be in service in the first quarter, which was delayed from its original projection of the fourth quarter of 2016. Vicki Granado, a spokeswoman for Energy Transfer, didn’t immediately respond to request for comment.

Nissan recalls Altima; door may open if window rolled down

The company is recalling nearly 363,000 of the midsize cars worldwide from the 2015 through 2017 model years because the doors might open if a rear window is lowered. Documents posted Friday by the National Highway Traffic Safety Administration show that the latch and lock cable in the doors may not have been routed properly at the factory.

Johnson & Johnson Is Becoming a Far Riskier Investment

The health giant has increased its dividend for 54 consecutive years, putting it among the elite of Dividend Aristocrats . Also, until the quick rise and fall of hepatitis C drug Olysio, Johnson & Johnson had a better than three-decade-long streak of increasing its adjusted earnings per share on a year-over-year basis.

3 Reasons Phillips 66’s Earnings Were Such a Disappointment

Not only did those problems grow worse during the fourth quarter, but a range of items across several of the company’s other business segments caused its earnings to deteriorate even further. As a result, the company did not even come close to meeting expectations when it reported fourth-quarter results on Friday morning, as adjusted earnings were just $0.16 per share, which was $0.24 less than analysts’ expectations.

article

Last quarter was its worst yet, with revenue sliding another 5% sequentially while its net loss widened. However, oil prices have improved significantly over the past several months, causing some green shoots to start appearing.

Here’s Why CF Industries Stock Gained 10.7% in January

In addition, long-beaten-down investors are finally seeing the light for a recovery in agricultural nutrient prices. The stock had a ho-hum start to 2017 until analysts at B of A Merrill Lynch changed their rating from hold to buy on January 20, citing likely improvements in earnings starting this year.

Vanity Fair, New Yorker Bail on White House Correspondents’ Dinner Events

Less than a month after the president met with Conde Nast top editors at their Manhattan headquarters, two of the magazine company’s flagship titles – The New Yorker and Vanity Fair – are dropping White House Correspondents’ Dinner-themed events. The New Yorker canceled plans to host an event at the W Hotel, located a block from the White House, as it has in previous years, a magazine spokesperson confirmed.

Career Coach: Feeling bored in the job? Herea s how to get out of that rut.

Feeling bored or stagnant in your current role? Thinking about searching for a new job, but not sure a job change is right for you? This is an excellent time to reflect upon not only your successes of the previous year, but also to look to the future with an eye toward enhancing your job satisfaction and, potentially, your career. One question can guide this process – what perspective are you bringing to your job? While many factors impact job satisfaction, a positive, and proactive perspective can often lead to increased opportunities for satisfaction and professional growth.

Brexit Bulletin: In Case of Emergency

Tucked away in the final pages of the government’s 75-page plan for the Brexit negotiations was the line that the government would draft emergency laws to protect the economy in the event that the talks break down without the sweeping free trade deal May wants. “The government is clear that no deal for the U.K. is better than a bad deal for the U.K.,” the white paper said.

Billionaire Magnier Said to Purchase $56 Million U.K. Estate

The family of John Magnier, the Irish bloodstock entrepreneur, acquired the Sutton Scotney Estate in Hampshire from a unit of Zurich Insurance Group AG, according to two people with knowledge of the deal. Most of the land is leased to farmers and the family doesn’t intend to change how the estate is run in the near-term, said the people, who asked not to be identified because the deal is private.

Trump Trades Barbs With Iran as New Round of Sanctions Looms

Tensions between the U.S. and Iran escalated as President Donald Trump prepared new sanctions against the Islamic Republic and told Tehran it’s “playing with fire,” prompting Iran to respond that it won’t be bullied. The deterioration in relations came as the U.S. prepared to punish Iran for testing a ballistic missile on Sunday.

Viacom’s Spike to Launch in Russia

Viacom’s Viacom International Media Networks unit will launch a Russian version of Spike in mid-March as the company continues to roll out the network in international markets. The network will mostly air Western TV series, including Sherlock, Fargo, Peaky Blinders and Suits , as well as movies and television shows, Yelena Balmont, general director of VIMN Russia, was quoted as saying by local business daily Kommersant .

What Is a Death Tax, and Will You Have to Pay One?

If the two things that are inevitable in life are death and taxes, then it’s probably no surprise that someone figured out how to impose taxes after the grave. In the U.S., there are actually two different kinds of “death taxes”: the estate tax, which is levied by the federal government and certain states, and the inheritance tax, which is levied by only a handful of states.

article

Demonstrators participate in a protest by the Yemeni community against U.S. President Donald Trump’s travel ban in the Brooklyn borough of New York, U.S., February 2, 2017. REUTERS/Lucas Jackson (