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The Latest Breaking News from General Mills

Stocks Tread Water Before the Open as Fed Rate Decision Looms, Micron Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.07%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.03% this morning as market participants refrained from making big bets ahead of the eagerly awaited Federal Reserve decision that will help shape the outlook for interest rates this year.

Barchart

What is Chlormequat? Potentially harmful pesticide found in Cheerios and Quaker Oats

Studies have found traces of a potentially harmful pesticide in 80% of US urine samples

Evening Standard

Breakfast Blues: General Mills Cuts Sales Forecast Amid Slowing Demand

General Mills, the cereal giant, trims its sales outlook, as demand for its products slows down. Breakfast fans might need to find a new munchable fix!

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General Mills (GIS) Earnings Forecast: Stock Signals to Watch

Does General Mills (GIS) hold the recipe for sustained growth with its innovative strategies, new launches and venture into the pet care market, or do its recent financial fluctuations advocate for a measured approach ahead of its earnings release? Read more to find out.

StockNews.com

Some companies using lots of water want to be more sustainable. Few are close to their targets

Major corporations in water-guzzling industries such as apparel, food and beverage, and tech want to be better stewards of the freshwater resources they use

The Independent UK

Scientists on panel defending ultra-processed foods linked to food firms

Exclusive: three out of five at briefing playing down concerns over UPFs have ties to makers of such foods

The Guardian - UK

What is Kernza and what is it used for?

"You actually can find Kernza turning up in breads, crackers, cereals and flours . . ."

Salon

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Pets are getting fewer treats because of return-to-office mandates, says General Mills

"We don’t really expect a huge rebound in our pet business for the rest of this year," said General Mills CEO Jeffrey Harmening.

Fortune

Buy This Boring Dividend Stock Now, While Recession Odds Are Low

Consumer staples stocks, like Mondelez and General Mills, have been punished by investors as analysts lighten up their recession forecasts. For savvy investors, this could be an opportunity to load up on portfolio protection.

Barchart

General Mills vs. Kraft Heinz: Which is the Better Consumer Defensive Stock?

As Wall Street starts to lose its risk appetite, here's a look at two of the largest food companies in the world to determine which is the better pick for investors looking to play defense with their portfolios.

Barchart

After three years of the pandemic era's topsy-turvy market conditions, General Mills is getting back to normal — including slower growth

As food companies raced to meet unprecedented consumer demand during the pandemic, ingredient shortages abounded.

Tribune News Service

S&P Futures Tick Lower Ahead of Powell Speech, Micron Earnings on Tap

September S&P 500 futures (ESU23) are trending down -0.14% this morning as market participants awaited a speech from Fed Chair Jerome Powell for fresh clues on the future direction of U.S. monetary policy.

Barchart

Food companies sell more heat-and-serve options to fill gaps in short-staffed kitchens

Food-service workers are hard to come by.

Tribune News Service

Corporate greed, inflation and hunger

"Big Food's staggering increase in earnings shows they did not need to raise prices so high on consumers . . . "

Salon

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news in one place.

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Fortune

JPMorgan’s newest board member is thinking about risk

Alicia Boler Davis, who has held senior leadership roles at Amazon and GM, explains why she was drawn to the banking giant and what’s on her mind as she takes up the new role.

Broadcasting & Cable

Dollar General Media Network Uses LiveRamp To Connect With Customers

Retail network boosts ROI for marketers including Pepsi, Hershey’s, Unilever, General Mills and Colgate-Palmolive

Barchart

Rally in Tech Stocks Leads the Overall Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.29%. Stock indexes Thursday posted moderate gains, led by a...

Tribune News Service

Four takeaways from General Mills' latest quarter, including more inflation effects

Inflation is proving stickier than a Pillsbury cinnamon roll for General Mills.

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Fortune

Corporations have a duty to prevent child labor abuses in their supply chains. Here’s how they’re still getting off the hook

Major brands should be held strictly liable for egregious labor violations in their supply chains–regardless of whether they knew about the violations.

Tribune News Service

How frugal shoppers are helping to fight inflation

It's not just the Federal Reserve that can fight inflation — consumers can, too, by changing their buying habits, Deloitte researchers say.

Salon

What is "healthy?" FDA, makers disagree

Last September, the FDA proposed an updated definition of the food label to incorporate new research on nutrition

Tribune News Service

New job training program at Summit Academy addresses labor shortage in food manufacturing

Summit Academy OIC has teamed up with a nonprofit and some of the region's largest food companies to offer a new pilot program that will train workers to help fill the labor shortage in food manufacturing.

Fortune

Elon Musk's net worth drop breaks world record as biggest in history

The Tesla and Twitter CEO has also lost the title of world's richest person, which has been handed to LVMH founder Bernard Arnault.

Fortune

Honest Company's new CEO has a plan to boost the brand's $3 share price

Amazon and General Mills alum Carla Vernón will be the new CEO of Jessica Alba's brand.

The Guardian - US

Revealed: group shaping US nutrition receives millions from big food industry

Academy of Nutrition and Dietetics has a record of quid pro quos with a range of food giants, documents show

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