Connect with us

Hi, what are you looking for?

Stock

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

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

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    Former president Donald Trump and his allies have filed hundreds of lawsuits, with more to come, seeking to tighten voting rules or disqualify voters....

    Economy

    LONDON (Reuters) – Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to cutting...

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Economy

    Thousands of dockworkers on the East Coast and Gulf Coast will return to work after reaching a tentative agreement on wages, ending one of...

    Disclaimer: beneficialinvestmentnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 beneficialinvestmentnow.com