Kim Kahn
๐ค SpeakerAppearances Over Time
Podcast Appearances
And Campbell's is defending the ingredients in its soups, and placed one of its executives on leave after a lawsuit highlighted his alleged derogatory comments in an audio recording.
The employment discrimination lawsuit was filed by former cybersecurity analyst Robert Garza.
According to the suit, Garza had a meeting with Martin Bally, Campbell's vice president of IT, which he recorded.
Bally allegedly described Campbell's as highly processed food for quote-unquote poor people and made several racist comments about the company's Indian workers.
Bally said he doesn't buy Campbell's products anymore now that he knows what's in it.
He also allegedly referenced bioengineered meat, saying, I don't want to eat a piece of chicken that came from a 3D printer.
On that note, maybe stick to turkey tomorrow.
Have a safe and happy Thanksgiving.
Good afternoon.
Today is Tuesday, November 25th, and I'm your host, Kim Kahn.
Our top story so far.
Warner Bros.
Discovery is asking suitors to sweeten their bids after the first round of offers landed.
According to Bloomberg, the company wants improved submissions by December 1st, after which they could choose to enter exclusive talks with a single bidder.
Paramount Skydance, Netflix, and Comcast all put in bids last week, with Comcast and Netflix eyeing the film and TV studios, plus HBO.
Paramount Skydance wants the whole operation.
Warner kicked off a strategic review last month after receiving multiple unsolicited approaches for either the full company or just the studio and streaming assets.
CNBC previously reported that management hopes to make a go-no-go call on a sale or split by Christmas.
In today's trading, Wall Street kept the rally going, with the Dow jumping more than 650 points, up 1.43%.
The S&P climbed 0.9%, and the Nasdaq added 0.67%.