12pm Newscast September, 7, 2026

0:00Food giant company Campbell's is cutting costs and raising prices. The company's been dealing with more shoppers switching toward cheaper generic store brands, plus rising costs of transportation and manufacturing. And PR's Alina Seljuk has details. Campbell's has been one of the food companies in pretty rough shape. Its sales dropped to 8% in the latest quarter, especially on snacks. These big brands include goldfish, kettle chips, Milano cookies and Snyder's pretzels. Shoppers have tightened their snacking budgets and they're not reaching for the name brands as often. Campbell's forecasting of a drop in sales for the full year sent its shares tumbling down. The company is cutting costs by closing two snack plans and laying off 13% of its salaried workers. It's also slashing the dividend it pays to shareholders and its raised prices up by 4% per cent across nearly two thirds of its products, hoping for a financial boost, even if

1:00people buy fewer of Campbell's offerings. Alina Seljuk and Pair News. Prince Harry's return to the UK with his wife and children has prompted King Charles to clarify the royal status of his second son. A letter released for the King today confirms that the Prince and wife, Megan, have not returned as quote, working royals and as such will not use the titles his or her royal highness. A letter further clarifies that security issues were relevant are the responsibility of relevant police agencies and that any charity work undertaken by the two are considered private endeavors, not official royal responsibilities. I'm Louise Skiivoni and PR News, Washington. Support for NPR comes from NPR stations. Other contributors include Progressive. Progressive commercial insurance protects small businesses from retailers to tradespeople. Progressive covers of a variety of business needs with a range of coverages. More at ProgressiveCommercial.com.

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