Following President Donald Trump’s announcement to increase steel and aluminum tariffs from 25% to 50%, Conagra Brands CFO David Marberger stated that the company will take steps to counteract the impact of the duties. Marberger emphasized the challenges posed by…
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impact
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Key Points: Diageo, a spirits company, faces challenges due to President Trump’s tariff policy on imports from Europe. They own popular brands like Guinness, Johnnie Walker, and Ketel One, which are produced outside the U.S. Potentially selling off a flagship…
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Nestlé is in a strong position to weather the impact of tariffs, according to the company’s CEO. Laurent Freixe stated that Nestlé benefits from its localized manufacturing footprint, with the majority of products being manufactured in the markets where they…
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Food News
Investors urge Coca-Cola, Kraft Heinz, others to provide transparency on products’ health impact
Summary: A group of shareholders is urging major food and beverage companies to enhance transparency regarding how their products impact consumer health. This initiative is seen as a crucial first step in holding corporations accountable for their significant influence on…