Edition:
United States

Nivedita Balu

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Aug 14 2018

Kate Spade sales drive strong Tapestry forecast, shares jump

The publicity around the untimely death of designer Kate Spade drew shoppers back to the handbag brand this summer, driving a 31 percent jump in fourth-quarter sales for its new owner Tapestry Inc that sent shares up 12 percent on Tuesday.

Aug 13 2018

Elliott takes stake in Nielsen, urges sale; shares jump

Elliott Management, one of the world's biggest hedge funds, disclosed that it held a large stake in information services company Nielsen Holdings and urged it to considering selling itself.

Aug 09 2018

The 'Friends' trend: '90s fashion revival for back-to-school season

Urban Outfitters Inc , American Eagle Outfitters Inc and other retailers are filling stores with styles from the 1990s in a bet that fanny packs, chunky-soled sneakers and high-waisted "mom jeans" will lift back-to-school sales.

Aug 06 2018

Newell Brands misses sales estimates as Babies "R" Us bankruptcy weighs

Newell Brands Inc reported quarterly sales below Wall Street estimates on Monday hurt by cutbacks in inventory by retailers for its writing products and the bankruptcy of toddler-focused Babies "R" Us chain.

Aug 03 2018

Kraft Heinz tops estimates with higher pricing, shares surge

Kraft Heinz Co topped quarterly profit and revenue estimates on Friday as the Tater Tots maker raised product prices and posted higher-than-expected sales from the United States for the first time in several quarters.

Aug 02 2018

Kellogg margins hurt by cuts to snack prices, higher costs

Kellogg Co reported lower-than-expected quarterly profit margins on Thursday as the cereal maker spent more on marketing and transportation and had to cut prices on snack foods after it stopped distributing directly to U.S. retailers.

Jul 31 2018

Procter & Gamble sales disappoint after prices get a shave

Procter & Gamble Co's fiscal fourth-quarter sales fell below Wall Street estimates on Tuesday, hurt by lower pricing and weak demand at its units that make Pampers diapers and Gillette shaving products.

Jul 27 2018

Colgate-Palmolive to raise prices as raw materials costs surge

Colgate-Palmolive Co said on Friday that it would "modestly" raise prices in the second-half of the year, mainly in emerging markets, as the world's largest toothpaste maker seeks relief from surging raw materials costs.

Jul 25 2018

Coca-Cola results pop as consumers turn to Diet Coke, Zero Sugar

Coca-Cola Co topped Wall Street estimates for quarterly sales and profit on Wednesday, as more consumers bought its healthier soda options such as Zero Sugar and new flavors of Diet Coke, sending its shares up 2.7 percent. | Video

Jul 23 2018

Marvel sales help Hasbro soothe Toys 'R' Us headache

U.S. toymaker Hasbro Inc beat expectations for quarterly profit and revenue on Monday as a jump in Marvel toy sales helped it recover ground lost in last year's Toys 'R' Us bankruptcy, sending its shares up as much as 14 percent. | Video

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