Edition:
United States

Sangameswaran S

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

Feb 16 2018

Coca-Cola sales beat on strong sales of vitamin water, coffee

Coca-Cola Co reported better-than-expected quarterly profit and sales on Friday as it sold more teas, coffees and vitamin water, offsetting sluggish sales of fizzy drinks, sending its shares up as much as 2 percent. | Video

Feb 14 2018

Chipotle shares jump as new chief sparks hope of quicker turnaround

Chipotle Mexican Grill Inc shares jumped as much as 16 percent on Wednesday, as analysts called its recruitment of Taco Bell chief executive Brian Niccol a potentially transformational moment after two years of brand-crushing food-safety scandals.

Feb 14 2018

Chipotle shares jump as new chief sparks hope of quicker turnaround

Feb 14 Chipotle Mexican Grill Inc shares jumped more than 11 percent premarket on Wednesday, as analysts called its recruitment of Taco Bell chief executive Brian Niccol a potentially "transformational moment" after two years of brand-crushing food-safety scandals.

Feb 13 2018

PepsiCo tops sales estimates as strong snack brands provide boost

PepsiCo Inc's sales topped Wall Street forecasts in the fourth quarter, as higher demand at its snacks business that makes Doritos and Cheetos made up for a decline in sales of sugary drinks.

Feb 08 2018

Kellogg sales top estimates as acquisitions help

Cereal maker Kellogg Co's sales topped analysts' forecasts in the fourth quarter, benefiting from the acquisitions of protein bar maker RXBAR and Brazilian food group Parati.

Feb 06 2018

Strong sales of Coach handbags help Tapestry beat estimates, shares soar

Tapestry Inc reported quarterly results that surpassed expectations and raised its profit outlook for the full year, driven by strong demand for its Coach handbags, sending its soaring to their highest in nearly four years.

Feb 02 2018

Moving freight to get more expensive for food companies this year

Feb 2 U.S. food companies called out rising freight costs as a reason for lower profit margins in the holiday quarter, with more pain seen in 2018 as a dearth of drivers and higher diesel prices make it even more expensive to transport products to stores.

Feb 01 2018

Hershey's surprise profit miss weighs on shares

Hershey Co missed profit estimates for the first time in seven quarters, sending the candy maker's shares down 6 percent in morning trade on Thursday, the latest sign that food companies continue to struggle with lagging sales growth.

Jan 22 2018

Abercrombie lifts holiday-quarter forecasts; shares surge

Abercrombie & Fitch raised its fourth-quarter sales forecast on Monday following a strong holiday season, driving its shares to a more than one-and-a-half-year high.

Jan 18 2018

HSBC to pay $100 mln to settle U.S. probe into currency rigging

HSBC Holdings Plc on Thursday agreed to pay $101.5 million to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers.

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