Campbell Soup Co
posted a 7 percent decline in first-quarter profit on Monday, hurt by higher costs and lower U.S. soup sales, but stood by its full-year earnings forecast. U.S. soup sales were held down by an exceptionally warm autumn, but Campbell said it expects the business to "deliver better performance as the (fiscal) year progresses."
No word yet on how this will effect those Chunky commercials that play throughout the NFL games.
NAFTA has been brought up in the recent debates to attack Hillary.
David Sirota has been a hero on the issue.
But sometimes things hit me really close to home. My factory was bought out by Ansell back in 1997.
This is how their website describes the acquisition:
1997 - Ansell solidifies its commitment to the glove industry with the purchase of Golden Needles Knitting, the largest glove knitting facility in the world. Combining Golden Needles' knitting capabilities with Ansell's dipping technology results in the launch of HyFlex® gloves, which offer unprecedented levels of comfort and cut resistance using KEVLAR technology. At the time, Golden Needles is the largest user of KEVLAR in the world in the glove industry.
Of course, those of us who worked there remember things differently.
We recall the initial layoff of 1/3 of the workforce. We recall the loss of our Christmas bonus. We recall moving from free insurance to preimums with less coverage. We recall the final layoff when they relocated operations to Mexico.
You would think I should be over it by now. But I still have to live in this town. I still have to talk to the broken-down friends and ride by the shuttered buildings.
While I am glad that NAFTA is back in the public eye, I must speak up and say that it is not some obscure political talking point.
NAFTA, and other lopsided trade agreements are all too real.
I leave you with this.
and how we currently suck at it...
From The Guardian
British troops feel 'devalued, angry' and are 'suffering from Iraq fatigue', according to the head of the army, who warns that Britain's military covenant is under strain.
In a stark assessment of the morale of British troops, General Sir Richard Dannatt warns that the pressures of waging two simultaneous campaigns in Iraq and Afghanistan are 'mortgaging the goodwill of our people'.
Dannatt's comments are made in his Staff Briefing Team Report for 2007, leaked to the Sunday Telegraph, in which he warns that the 'military covenant is clearly out of kilter'.
The chief of the general staff writes: 'We must strive to give individuals and units ample recuperation time between operations, but I do not underestimate how difficult this will be to achieve whilst undermanned and with less robust establishments than I would like.'
Referring to overstretch, the report warns: 'The tank of goodwill now runs on vapour; many experienced staff are talking of leaving'.
Call me a defeatist if you like, but this can't be good news for our Global War of Terror can it?
