Campbell Soup to switch to BPA-free cans by 2017
(Reuters) – Campbell Soup Co, the world’s largest soup maker, said it would completely switch to cans that do not use the chemical bisphenol A (BPA) for their linings in North America by the middle of 2017.
Gundlach says April rate hike ‘inconceivable’ after lower GDP forecasts
NEW YORK (Reuters) – Jeffrey Gundlach, the widely followed investor who runs DoubleLine Capital, said on Monday that an interest-rate increase by the Federal Reserve in April is “inconceivable,” given lower forecasts for first-quarter GDP growth.
Wall Street ends flat after choppy session
(Reuters) – Wall Street was mixed on Monday as weaker-than-expected U.S. economic data reduced concerns about potential interest rate hikes and a dip in oil prices pushed down energy shares.
U.S. court shoots down Puerto Rico tax on Wal-Mart
(Reuters) – A U.S. district court judge on Monday struck down a tax levied by Puerto Rico on retailer Wal-Mart Stores , dealing a blow to the debt-laden U.S. territory’s efforts to shore up its finances.
Elaine Wynn sues for control of her Wynn Resorts stock
(Reuters) – Elaine Wynn, former wife of Wynn Resorts Ltd founder Steve Wynn, sued him on Monday to get control over her nearly 10 percent stake, worth close to $900 million, in the casino company.
Virgin America receives takeover offers: sources
(Reuters) – U.S. budget airline carrier Virgin America Inc has received acquisition interest from several companies, including JetBlue Airways Corp and Alaska Air Group Inc , a person familiar with the matter said on Monday.
Sears CEO Lampert buys some of company’s debt: sources
(Reuters) – Eddie Lampert, the chief executive officer of Sears Holdings Corp , has acquired a portion of the company’s new $750 million loan, his latest bet on the parent of Sears department stores and Kmart discount shops, people familiar with the ma…
Nasdaq hires ex-Chi-X Global CEO as North American equities head
NEW YORK (Reuters) – Transatlantic exchange operator Nasdaq Inc said on Monday it appointed Tal Cohen, the former head of Chi-X Global, to run its North American equities business.
U.S. consumer spending, trade data signal sluggish growth
WASHINGTON (Reuters) – U.S. consumer spending barely rose in February and inflation retreated, suggesting the Federal Reserve could remain cautious about raising interest rates this year even as the labor market rapidly tightens.
As earnings loom, McCormick tied to M&A as acquirer, target
NEW YORK (Reuters) – There is nothing bland about betting on McCormick.
