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- How much can Canada fight back in its trade war with the US?
The US may be the bigger trading partner, but Canada shouldn't be counted out quite yet in the escalating trade fight. [TheTopNews] Read More.3 hours ago - Flight price rises due to ‘foolish leaders’ starting wars, Virgin...Middle East tensions have choked the production and transportation of oil, causing a surge in the price of car and jet fuels. [TheTopNews] Read More.4 hours ago
- E. coli blueberry recall expanding to frozen mixed berry packages sold at Walmar...
A blueberry recall first reported in July over the risk of E. coli contamination has been expanded to include frozen package mixes of strawberries, blackberries and blueberries sold at Walmart, according to the U.S. Food and Drug Administration.One lot of 10-ounce packages of Great Value frozen Organic Triple Berry Blend has been recalled by Chilean supplier Frutas y Hortalizas del Sur S.A.The frozen berries were sold at select Walmart stores in 16 states, including Alabama, Arkansas, Florida, Illinois, Indiana, Kentucky, Louisiana, Minnesota, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Texas and Wisconsin.MORE THAN 12,000 POUNDS OF BACON RECALLED AFTER USDA ISSUES HIGHEST-RISK ALERTThe supplier originally recalled packages of 10-ounce GreenWise Organic IQF Blueberries in July after receiving reports of consumers getting sick after eating them.There are no reports yet of people getting sick from the berry mix.RFK JR SAYS SOURCE OF CYCLOSPORA OUTBREAK IDENTIFIED, DECLARES PARASITE OUTBREAK 'UNDER CONTROL'The blueberries from the original recall were distributed to Publix stores in Alabama, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee and Virginia.Seventeen people in Florida and Georgia have reported falling ill from the blueberries, including six hospitalizations.DOCTORS WARN YOUR 'STOMACH BUG' MAY ACTUALLY BE A PARASITE THAT'S HARDER TO DETECTThe mixed berries have a Universal Product Code of 7874211226 and best by date of Feb. 9, 2028.E. coli O145 is a Shiga toxin-producing strain of the bacteria that can cause severe stomach cramps, diarrhea that may be bloody and nausea.While most healthy people recover within about a week, infections can lead to a serious complication known as hemolytic uremic syndrome, particularly in young children, older adults and people with weakened immune systems.Consumers should throw the berry mix away or return it to Walmart for a refund. [TheTopNews] Read More.7 hours ago - Campbell’s cuts 13% of salaried workforce, closes plants as part of turnar...Campbell's said it has cut 13% of its salaried workforce and closed two snack plants in an effort to improve its operations and return to profitability."Make no mistake, our results remain unacceptable," CEO Mick Beekhuizen said. "But instead of waiting for the environment to improve around us, we are addressing reality head-on."The company has 4,300 salaried workers, according to The Wall Street Journal. It had approximately 13,700 full-time and part-time employees as of August 2025, according to a filing with the Securities and Exchange Commission.UBER TO CUT THOUSANDS OF JOBS IN SWEEPING RESTRUCTURING EFFORTConsumer goods companies have increasingly faced resistance from budget-conscious shoppers, particularly lower-income households that have gravitated toward cheaper, private-label and value brands.Despite this, Campbell's has raised prices in recent years to protect its margins against rising costs of raw materials, logistics and investments behind soup and sauce launches and holiday merchandising programs.MICROSOFT CUTS 4,800 POSITIONS, INSISTS JOBS 'NOT BEING REPLACED BY AI'The company has implemented average price increases of 4% to 5% across roughly 60% of its portfolio, with benefits expected to begin flowing through in the second quarter, even as sales take a hit, CFO Todd Cunfer said on a call with analysts.The company said it plans to generate about $500 million in cost savings by fiscal 2030."With this program, we are focused on increasing speed and accountability and improving our margins and cash flow," Beekhuizen said.Campbell's expects fiscal 2027 net sales to decline 2% to 4%, compared with analysts' expectations for a 0.8% drop, according to data compiled by LSEG. It forecast adjusted earnings per share of $1.65 to $1.80, below estimates of $1.86.TOP TOBACCO COMPANY TO CUT THOUSANDS OF JOBSNet sales fell 8% to $2.14 billion in the fourth quarter, slightly missing estimates of $2.15 billion, while adjusted earnings per share of 39 cents were in line with expectations.Volumes in the company's snacks segment fell 6%, while prices rose 1%. For its meals and beverages segment, where prices remained the same, volumes rose 3%."Our priorities are clear: return Campbell’s to a sustainable, long-term value creation model, reduce financial risk and maintain our investment-grade credit rating," Beekhuizen added.GET FOX BUSINESS ON THE GO BY CLICKING HEREReuters contributed to this report. [TheTopNews] Read More.7 hours ago
- LARRY KUDLOW: Trump’s economic boom – the greatest story never toldRight on cue, the press got ready to print a bad jobs report for August, and then SLAM, the number comes out up 162,000. About three times the Wall Street consensus. Of course, most of Wall Street and their liberal pals in the press just love to ignore eight straight months of Institute for Supply Management manufacturing index increases, and 15 straight monthly ISM services index increases. And tremendous gains in industrial production and consumer spending. We’ll get into the numbers in just a moment.But let me say right here that President Trump’s economic boom has become the greatest story never told, but the story is factual. And if the GOP is gonna hang on to Congress in the midterms, they’ve got to get the story out.As former White House counselor, Kellyanne Conway, told me the other night, "They’ve got the money, the message, they need a better sales pitch and they’ve got great messengers like you and Secretary Bessent and obviously President Trump, most of all."Now, about those jobs numbers, including 55,000 upward revisions for June and July, the actual job gain in August was more than 217,000. Since Mr. Trump took office private jobs have gone by more than a million, while federal jobs have declined by more than 300,000. This is the Trumpian free enterprise restructuring of the economy, putting an end to President Biden’s hapless big government socialism.And on top of that, the employment to population ratio, perhaps the best jobs indicator, moved up to 59.1 percent from 58.9 percent.Meanwhile, manufacturing and construction and goods producing jobs keep rising. And as far as wages are concerned, in the private sector, wage gains plus hours worked gave 4.3 percent increase in the wage income proxy, which is actually higher than the temporarily inflated consumer price index.This should come as no surprise to analysts who have been honestly tracking the numbers. Productivity is booming, so are profits, so are stocks, so are consumers, and so is the hard goods industry, where durable goods, the heart of manufacturing, is rising at double digit gains.We haven’t seen this in decades. Can Mr. Trump take credit for it? Well I’ll tell you what? 100 percent immediate depreciation, "drill, baby, drill," deregulation, tax free overtime, tax free tips. you know what? That stuff is working, if only the press would report it. [TheTopNews] Read More.8 hours ago
- Which Investors Will Get Rich From Anthropic’s IPO?
When Anthropic goes public in a blockbuster offering, which investors will profit? The answer says a lot about how much start-up investing has changed over the years. [TheTopNews] Read More.8 hours ago
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