• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Nestle plays down RFK Jr’s anti-packaged food rhetoric

by November 19, 2024
written by November 19, 2024

By Richa Naidu

VEVEY, Switzerland (Reuters) – Nestle (NS:NEST) has played down concerns about anti-packaged food rhetoric from Robert F. Kennedy Jr., President-elect Donald Trump’s pick to lead the United States’ top health agency.

Kennedy — who has said on the trail of his own Presidential campaign that he wants to “Make America Healthy Again” and called out Kellogg (NYSE:K)’s Fruit Loops cereal in an interview two weeks ago — has pushed for major changes at the Food & Drug Adminstration, including the removal of nutrition departments.

Speaking on the sidelines of Nestle’s capital markets day event for investors, Steve Presley, executive vice president and chief executive officer of Nestle’s North America business said he was “less concerned” by Kennedy’s previous comments.

“If you step back from some of the emotional issues, what he believes in is more regenerative, cleaner, agriculture, which we fully believe in,” he said.

Presley said Nestle had spoken with the Trump transition team since his election win.

“We have spoken to the (Trump transition) team absolutely as one of the largest manufacturers, both from an industry perspective and to help shape the agenda in terms of how they can help create economic opportunity in the US.”

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Microsoft launches two data center infrastructure chips to speed AI applications
next post
Expect another “drop the mic” report from Nvidia, says Wedbush

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

      May 14, 2025
    • Fintech company Chime files for Nasdaq IPO

      May 14, 2025
    • Father and son fraudsters sentenced in case of $100 million New Jersey deli

      May 13, 2025
    • UnitedHealth CEO suddenly steps down for ‘personal reasons’

      May 13, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (459)
    • Stock (6,426)

    Latest News

    • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
    • Fintech company Chime files for Nasdaq IPO

    Popular News

    • Shareholders urge UnitedHealth to analyze impact of healthcare denials
    • Exclusive-Europe agency says it is in talks with SpaceX on tackling space junk

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy