Campbell's Posted Falling Sales and Slumping Profits — but Kept Its Annual Forecast Intact
Campbell Soup Co. reported third‑quarter net sales of $2.37 billion, a 4% year‑over‑year decline, as soup and snack categories softened. Adjusted earnings per share came in at $0.50, topping the $0.48 consensus, while reported EPS rose to $0.41 after a prior‑year impairment. Gross margin contracted 240 basis points to 27.7% amid inflation‑driven cost pressures and tariff impacts. Despite the headwinds, the company reaffirmed its FY2026 guidance, forecasting a 1‑2% organic sales dip and adjusted EPS of $2.15‑$2.25.
The US Wants NATO Allies to Spend Their New Defence Budgets Ripping Out Huawei
The U.S. State Department is urging NATO members to treat the removal of Huawei equipment as a defence‑related expense, allowing it to be funded under the alliance’s new 1.5% of GDP defence‑related budget slice. The suggestion, made by China coordinator...
Seattle Transit Measure Renewal 2026
Seattle Mayor Bruce Wilson unveiled a proposal to replace the expiring Seattle Transit Measure with a new 0.3% sales tax that would raise about $138 million each year for the next decade. The plan earmarks $96.1 million for expanded bus service—boosting funding...
Can FedEx Freight Hit Its 15% Margin Target? Wall Street Is Split.
FedEx Freight Holding Corp., newly independent after its June 1 spin‑off, is targeting a 15% operating margin, up from roughly 11% today. The company operates a fleet of over 30,000 trucks and holds about 17% of the U.S. less‑than‑truckload market. Analysts...
Time’s Editor-in-Chief on AI, Relationships and What Makes a Good Pitch
Time editor-in-chief Sam Jacobs told PR Daily that AI is reshaping how audiences discover news, but authentic journalist‑brand relationships remain the most valuable asset for PR. He urged communicators to build trust before making a pitch, personalize outreach, and demonstrate...
Clark: Nine Summer Maintenance Blind Spots that Threaten Uptime
Jane Clark outlines nine summer‑specific maintenance blind spots that can cripple fleet uptime. Heat, humidity, and severe weather increase wear on tires, batteries, cooling systems, and fuel‑water separators. Proactive checks—ranging from coolant testing to AC inspection—help avoid breakdowns and costly...
Four Suspects Identified in Finland Undersea Cable Damage Investigation — Criminal Case Referred to Prosecutors for Consideration of Charges
Finland’s National Bureau of Investigation has closed its probe into damage to two undersea telecom cables after identifying four suspects linked to the St. Vincent‑flagged cargo ship Fitburg. The vessel’s anchor dragged across the seabed in the Gulf of Finland, severing...
Details of Potential £40bn ‘National Cloud’ Deal Due This Week
Whitehall officials have outlined a National Cloud Infrastructure Procurement (NCIP) that could lock in up to £40 billion (about $51 billion) of cloud contracts over the next decade. The initiative, driven by the Cabinet Office and the Department for Science, Innovation and...
Eldorado Gold Produces First Copper Concentrate From Newly-Acquired McIlvenna Bay Project
Eldorado Gold Corp announced that its 100%-owned McIlvenna Bay project in Saskatchewan has produced its first copper concentrate, marking the completion of wet commissioning and the start of hot commissioning. The processing plant, designed for a nameplate capacity of 4,900...
Why GPID Still Falls Short: Persistent Problems in Programmatic Placement Identification
The Global Placement ID (GPID) was introduced to give programmatic buyers a persistent, publisher‑defined identifier for each ad slot, promising better deduplication and supply‑path transparency. In practice, adoption is uneven and implementations often break the persistence promise through missing signals,...
DAC Beachcroft Boosts London Commercial Disputes Practice with Signature Partner Hire
DAC Beachcroft has strengthened its London commercial disputes practice by hiring Paul Brehony, a partner from Signature Litigation with nearly 30 years of experience in complex banking, fraud and insolvency cases. Brehony joins as the firm expands its international work,...
Eutelsat and Voimatel Partner on LEO Connectivity in Finland
Eutelsat has signed a partner agreement with Finnish infrastructure provider Voimatel to deliver OneWeb low‑Earth‑orbit (LEO) connectivity across Finland. Voimatel will embed the satellite service into its fixed and wireless solutions, creating hybrid networks for enterprise and public‑sector clients. The...
Pensana Continues to Progress Longonjo Mine Construction
Pensana reported that construction of its $250 million Longonjo rare‑earth mine in Angola is on schedule and on budget, with the main programme now 22% complete. The project has already incurred $36 million in direct development costs and secured $135 million of equipment...
3 Medical Service Industry Stocks Thriving Amid Workforce Challenges
The medical services sector is being reshaped by rapid digital‑health adoption and a persistent workforce shortage. Analytics markets are projected to grow at double‑digit CAGRs, creating tailwinds for providers such as BrightSpring Health Services, Biodesix, and HealthEquity. While the industry’s...
Scientists Accomplish First Total Synthesis of Complex Alkaloid Derived From Plant
Researchers at Chiba University have achieved the first total synthesis of the complex monoterpenoid indole alkaloid bisleuconothine A and the related bousigonine B. The team employed an enantioselective organocatalytic cascade to construct a key 3‑ethylpiperidine intermediate, enabling a bio‑inspired 20‑step assembly of...
New Vauxhall Astra Confirmed by 2030 with Less "Traditional" Shape
Vauxhall-Opel confirmed that the next-generation Astra will be built on Stellantis’s new STLA One modular architecture and is slated for launch by 2030. The model is expected to break from the traditional hatchback silhouette, potentially becoming a crossover while still...
Hidden Texting Vulnerability Across Major Carriers, Including Verizon and Apple, Finally Patched
Researchers at UC San Diego identified a hidden vulnerability that let attackers spoof text messages by exploiting the email‑to‑SMS translation used by carriers. The flaw affected both Android and iOS devices and was present across all major U.S. wireless providers, including Verizon...
Universal Music Eyes €1 Billion Bond Sale, Bloomberg Reports
Universal Music Group is planning a €1 billion (about $1.15 billion) bond issuance, split into two €500 million tranches with four‑ and ten‑year maturities. The proceeds will be used to refinance existing debt and fund general corporate purposes. The offering is being coordinated...
Sallaum Takes Delivery of LNG Dual-Fueled Car Carrier Newbuild Pair
Sallaum Lines has taken delivery of two new LNG dual‑fuel Pure Car and Truck Carriers, the MV Ocean Express and MV Ocean Navigator, marking the largest single‑day addition to its Ocean Class fleet. Built by China Merchants Jinling Shipyard in...
China’s EV Shift Cut Pollution Enough to Prevent 262,000 Deaths
A peer‑reviewed study in Nature Health shows China’s rapid shift to electric and other new‑energy vehicles cut fine particulate matter by 23.8% and carbon monoxide by 30.7% by 2023. The air‑quality gains prevented an estimated 262,000 premature deaths and about...
The Employer Implications of Medicaid’s Proposed Work Mandate
Washington state Medicaid managers are pushing a new work mandate that requires able‑bodied adults to complete at least 80 hours of paid work, volunteering, government programs, or schooling each month. The Centers for Medicare & Medicaid Services released an interim...
Solaris, VDL, Hess and Beulas Call on EU to Support European Bus Manufacturing
European bus makers Beulas, HESS, Solaris and VDL have sent an open letter to EU leaders urging the introduction of “Made in Europe” content rules in publicly funded bus procurement. They argue that third‑country rivals, especially Chinese firms, now control...
Scale of Synnovis Breach Widens as Essex NHS Trust Comes Forward
Mid and South Essex NHS Foundation Trust (MSE) is notifying patients after the 2024 Qilin ransomware attack on lab services partner Synnovis exposed roughly 2,380 test records. The breach, which disrupted outpatient appointments and elective procedures across the NHS, was...
Why the “First AI War” Is Still a Human Struggle
The article argues that the so‑called “first AI war” has not eliminated human control over targeting, but has reshaped how judgment is applied. AI tools such as Anthropic’s Claude and Palantir’s Maven system accelerate data synthesis, allowing analysts to produce...
Near-Record Transpac Spot Rate Surge a ‘Harbinger of Instability’, Says Sea-Intelligence
Container spot rates on the transpacific route to the U.S. West Coast surged $1,092 per 40‑ft container, marking one of the biggest weekly jumps since the World Container Index began in 2012. Sea‑Intelligence found only two larger week‑on‑week increases on...
Federal Court Tosses Out Trump’s Limits on Solar and Wind Tax Credits
A U.S. District Court in Washington, D.C., overturned the Trump administration’s 2023 rule that replaced the long‑standing 5% investment safe‑harbor with a construction‑start requirement for the 45Y production and 48E investment tax credits. The decision restores the original 5% rule,...
Coming Soon: Get Tickets for an Exclusive United Airlines Behind-the-Scenes Experience for 40k Miles
United Airlines will open ticket sales on June 12, 2026 for a behind‑the‑scenes tour of its Flight Attendant Training Center in Houston on July 29, 2026. Each ticket costs 40,000 MileagePlus miles, roughly $800 in cash value, and is available...
Bending Spoons, the Milan Firm Behind Evernote and Vimeo, Files for a US IPO
Milan‑based Bending Spoons has filed a Form F‑1 to list on Nasdaq under the ticker BSP, targeting a roughly $20 bn valuation—almost double its price eight months earlier. The company projects revenue of $1.31 bn in 2025, up from $671 mn in 2024, reflecting...
Middle East Export Collapse Drives Record Crude Export Plunge
Pandemic-like declines, minus the Pandemic... Global seaborne crude and petroleum product exports averaged 11.8 mb/d lower in May than a year ago, driven by a 14.8 mb/d collapse in Middle East exports, only partly offset by a 3.5 mb/d increase from...
Fox Secures NFL Broadcast Rights for Mexico
Peace in our time? After speculation Fox was ticked off by clear signals that the NFL will seek to increase its rights fees, the two strike a deal that lets Fox show many games, including Thursday Night Football and the...
Vema Hydrogen and First Atlantic Nickel & Cobalt Sign LOI to Develop Engineered Mineral Hydrogen at Pipestone XL Awaruite Project...
Vema Hydrogen and First Atlantic Nickel & Cobalt have signed a non‑binding Letter of Intent to create a 50/50 joint venture that will develop Engineered Mineral Hydrogen (EMH) at the Pipestone XL project in central Newfoundland. The 30‑kilometer ultramafic belt...
Tesla Wins FCC Nod for Ultra‑wideband Wireless EV Charging
Tesla Secures FCC Approval for Ultra-Wideband #Wireless #EV Charging by @IntEngineering #Innovation #EmergingTech #Tech #Technology https://t.co/ULCTNGJH72
Combo Achieves 92% ORR, 90% 6‑Month PFS
Some context for that 92% ORR / 90% 6mth landmark PFS in pancreatic cancer for the $TNGX vopimetostat + daraxonrasib combo: vopimetostat monorx 25% ORR, ~90% 6mth PFS $RVMD daraxonrasib monorx 32%, 6mth PFS 56% https://t.co/V7RjXlLrZK
FuriosaAI Partners with Broadcom to Build Next-Generation Inference Platform for the Agentic Era
FuriosaAI announced a strategic partnership with Broadcom to create a third‑generation AI inference accelerator built on its Tensor Contraction Processor architecture. The new platform will combine a 2 nm compute die, a dedicated I/O die, and HBM4/4E memory using Broadcom’s advanced...
China’s Space Computing Hub Signals Off‑Planet Tech Race
China launches space computing hub as SpaceX gears up for historic IPO New institute highlights Beijing’s bid to leapfrog energy bottlenecks and underscores how tech race with US is moving off-planet https://t.co/gH7wZu4Fkw via @scmpnews
Micron Shipping 245TB 6600 ION U.2 and E3.L Data Center SSDs
Micron Technology has begun shipping a 245 TB 6600 ION SSD, the highest‑capacity commercial solid‑state drive on the market. Built on G9 QLC NAND, the drive delivers up to 84× better energy efficiency and 8.6× faster AI preprocessing while consuming only 30 W,...
Tencent Games’ Chasing Kaleidorider Is Soon Kicking Off the KALEIDO TEST, with Recruitment Now Live for Mobile and PC
Tencent Games' subsidiary Fizzglee Studio has opened global recruitment for the KALEIDO Test of its upcoming romance RPG, Chasing Kaleidorider. The limited‑time, data‑wipe test will be available on Android, iOS, and PC, with cross‑progression allowing players to switch platforms. The...
Broadcom’s Post-Earnings Slide Highlights These ETFs
Broadcom’s June 4 earnings report triggered a 12.59% plunge in its shares, wiping roughly $286 billion off its market value. The drop stemmed not from the results themselves but from a muted outlook on AI semiconductor demand. The sell‑off lifted the inverse...
Psychedelic Therapy Standardized for Clinical Depression Shows Massive Promise in Pilot Trial
UCLA researchers piloted a four‑month program that paired two psilocybin doses (10 mg then 25 mg) with twelve one‑hour cognitive‑behavioral therapy sessions for 16 adults with major depressive disorder. Thirteen participants showed moderate‑to‑large reductions in standardized depression scores, and nine achieved full...
The Manor Amsterdam Opens Its Doors
Leonardo Hotel Group has opened The Manor Amsterdam, its ninth property in the city, housed in a restored 1891 hospital building in East Amsterdam‑Oost. The 125‑room boutique hotel blends historic architecture with contemporary design, featuring sustainable amenities and a curated...
Here’s What It Takes To Reach Decision-Makers On CTV Today
Connected TV (CTV) ad spend in the United States is projected to hit $53.42 billion, confirming double‑digit growth as streaming eclipses linear TV. Advertisers, especially B2B marketers, are shifting from using CTV solely for brand exposure to targeting specific decision‑makers who...
Revealed: New Peugeot E-208 GTi Is Now Ready for Showrooms
Peugeot has unveiled the production‑ready e‑208 GTi, the first GTi‑badged model since the 308’s retirement. The electric hot hatch packs a 278‑bhp front‑mounted motor, delivering 0‑62 mph in 5.7 seconds – a 124‑bhp jump over the standard e‑208. It sits 30 mm lower,...
Roku Vs. Netflix: Brand Video Home-Screen Battle?
Roku has rolled out a revamped home screen, featuring personalized tiles like “Top Picks for You” and a biddable in‑tile ad unit, now live for roughly 20% of its 100 million active households. The redesign is intended to accelerate content discovery,...
Perspective: RNG Provides Stability for Fleets
Truck operators are facing a crisis as diesel prices have surged 40‑50% since the Iran war, threatening profitability across fleets of all sizes. Renewable natural gas (RNG) offers a domestically produced, cheaper alternative that is insulated from geopolitical shocks. Facilities...
Global Economic Implications of the 2026 Middle East War
A new study models two energy‑price shock scenarios stemming from a potential Middle East war: a one‑year oil surge to roughly $120 per barrel, and a three‑year prolonged elevation. Both cases depress global GDP in 2026 and lift inflation, but...
World Cup Streams Land in Airports Through Fox, ReachTV Deal
ReachTV has signed a partnership with Fox Sports to air all 104 World Cup matches across screens in more than 80 U.S. airports. The agreement adds live games, pre‑game shows, highlights and city‑specific stories to the airport entertainment mix. ReachTV,...
The Future of Drone Tech: Mid-Range Drones
Ukraine is rapidly retrofitting inexpensive commercial drones with small processors and memory chips, giving them autonomous target‑identification and strike capability at ranges of 10‑200 km. The upgrades enable the drones to locate and engage moving targets, turning the battlefield’s rear...
Amazon Leo Gets a Satellite Deployment Extension
Amazon Leo secured a 24‑month FCC extension, moving its interim LEO satellite deployment deadline to July 30, 2028 while keeping the full‑deployment target of July 30, 2029. The company has launched more than 300 satellites and aims to have about 700 in orbit by...
HT Media Exits OTT Aggregation Business, Winds Down OTTplay
HT Media announced the shutdown of its OTT aggregation platform OTTplay, citing unsustainable economics despite multiple strategic adjustments. The service, which focused on Tier II and Tier III Indian markets, failed to compete with telecom operators offering bundled entertainment. Management...
STAT+: Combination of Pancreatic Cancer Drugs From Tango, Revolution Leads to High Response Rate
Revolution Medicines' KRAS G12C inhibitor daraxonrasib, already highlighted for pancreatic cancer, was paired with Tango Therapeutics' epigenetic drug vopimetostat in a new study. The early‑stage trial reported durable responses in the large majority of participants, with significant tumor reductions observed....