Business Highlights
Campbell, which is best known for its canned soups, is looking to strengthen its presence in the refrigerated sections of supermarkets. Most of its products, which include Goldfish crackers, Pepperidge Farm baked goods and Prego pasta sauces, are now found in the center aisles, where products with longer shelf lives are sold.
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Alcoa Inc. posts 2Q net loss in slowing economy
Aluminum manufacturer Alcoa Inc. opened the second-quarter earnings season Monday by posting a $2 million loss. Revenue dropped 9 percent mainly because of weak prices for aluminum in the slowing global economy.
Alcoa posted break-even earnings per share. That compared with 28 cents per share and net income of $322 million a year ago. The results included one-time items of $63 million. Excluding those Alcoa earned $61 million, or 6 cents a share. Revenue totaled $5.96 billion, compared with $6.59 billion a year ago. ___ FDA unveils safety measures for opioid painkillers WASHINGTON (AP) Drugmakers that market powerful painkiller medications will be required to fund training programs to help U.S. doctors and other health professionals safely prescribe the drugs, which are blamed for thousands of fatal overdoses each year. The safety plan released by the Food and Drug Administration on Monday is designed to reduce misuse and abuse of long-acting opioid pain relievers, which include forms of morphine, methadone and oxycodone. The agency's plan mainly involves educating doctors and patients about appropriate use of the drugs. The FDA has issued a number of warnings on prescription pain relievers in recent years but with little effect. Inappropriate use of the drugs caused nearly 425,000 emergency department visits in 2009, according to government figures. The drugs were blamed for 15,600 deaths that year, up from 14,800 in 2008. ___ Malware deadline passes, very few knocked offline WASHINGTON (AP) If you're reading this online, you're fine. The day that was supposed to see thousands of people knocked off the Internet has arrived, but only a few people were affected.Select the service that is right for you!
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