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The Latest Breaking News from Americas

McCormick Q2 Earnings Miss Street View; Cuts FY22 EPS Forecast

McCormick & Co Inc (NYSE:MKC) reported a second-quarter FY22 sales decline of 1.3% year-on-year to $1.54 billion, missing the consensus of $1.61 billion. Flavor solutions segment sales increased 10%, driven by the Americas and EMEA regions. Consumer segment sales declined 8%, reflecting lower volume and product mix. Gross profit was $523 million, with…

Benzinga

Steelcase Shares Surge On Solid Q1 Results, Clocks 33% Revenue Growth

Steelcase Inc. (NYSE:SCS) reported first-quarter revenue growth of 33% year-over-year to $740.70 million, +35% on an organic basis, beating the consensus of $690.94 million. Adjusted EPS was $(0.05), beating the consensus of $(0.18). Revenue by segments: Americas $520.8 million (+38% Y/Y), EMEA $156.4 million (+27% Y/Y) and Others $63.5 million (+12% Y/Y). The…

Benzinga

John Barilaro received plum New York trade job after senior public servant had already been offered it

Gladys Berejiklian told Jenny West she had the job in August but that offer was later rescinded and the role readvertised

The Guardian - AU

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Emails show applicants for John Barilaro's new US trade commissioner job were shortlisted before it was readvertised

Documents show candidates for the New York-based job, worth up to $600,000 annually, were shortlisted in April last year and that appointments were meant to go to cabinet.

ABC News

What's in a name? Why giving monkeypox a new one is a good idea

In its latest update on monkey pox in mid-June, the World Health Organization (WHO) said that cases had been reported from 42 member states across five of its regions – the Americas, Africa, Europe, Eastern Mediterranean, and Western Pacific. A total of 2,103 laboratory cases had been reported, including one…

The Conversation

US sees perils for Russian influence in Americas if Ukraine war drags on

WASHINGTON — Over dinner at the lush Getty Villa in Los Angeles, where curators have recreated a classical Roman home overlooking the Pacific, President Joe Biden had a rare opportunity to speak with leaders from across the Americas all together and in private.

McClatchy Washington Bureau

Barilaro appointed US trade commissioner

Former NSW deputy premier John Barilaro has been appointed as senior trade and investment commissioner to the Americas in a move criticised by the opposition.

AAP

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4 Companies That Are Integral Parts of the EV Supply Chain

The Electric Vehicle (EV) industry is expected to register solid growth in the coming years owing to an increased focus on sustainable transportation and favorable government initiatives. Given this backdrop, we think companies that are an integral part of the EV supply chain Albemarle (ALB), Vale S.A. (VALE), Freeport-McMoRan (FCX),…

StockNews.com

LEGO Builds New Factory In US - Check Out The Details

The Danish toy company, The LEGO Group, plans to invest more than $1 billion to build a new factory in Chesterfield County, Virginia. LEGO expects the 1.7 million square foot facility, once completed, to provide jobs to more than 1,760 people. CEO Niels B. Christiansen said, "This is an exciting step for the…

Benzinga

Armstrong World Industries Reveals CFO Transition Plan

Armstrong World Industries Inc (NYSE:AWI) has appointed Christopher P. Calzaretta to succeed Brian MacNeal as its next chief financial officer, effective August 1, 2022. When Calzaretta assumes a new role as CFO, MacNeal will continue in an advisory role through September 1, 2022, to support a smooth transition. Calzaretta brings over 20 years…

Benzinga

Summit of the Americas: Biden's attempt to unite the region on migration gets off to a shaky start

The ninth Summit of the Americas, hosted by the Joe Biden in Los Angeles from June 6 to 10, was overshadowed by US president’s decision not to invite the presidents of Venezuela, Cuba and Nicaragua. The reason given for this was antidemocratic leadership and disrespect for human rights in those…

The Conversation

Biden's Summit of the Americas Was Over Before It Started

Biden's decision to exclude nondemocratic countries led to a boycott by allies.

Reason

Biden, western hemisphere leaders announce migration plan at Americas summit

US President Joe Biden and other leaders from the western hemisphere on Friday announced what is being billed as a roadmap for countries to host large numbers of migrants and refugees.

France 24

US rolls out migration plan on final day of Americas summit

Experts question whether Summit of the Americas declaration will do enough to address pressing needs in the region.

Al Jazeera

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Los Angeles Times

Some LA homeless camps cleared as world leaders arrived for Summit of the Americas

LOS ANGELES — As their Uber ride headed from Santa Monica to downtown Los Angeles late Thursday morning, Bella Reith and Paul Campo couldn’t help but notice the row of tents on sidewalks and freeway underpasses.

Reuters

U.S. pledges more visas for Cubans, Haitians at Summit of the Americas

The Biden administration will spend $314 million to support Venezuelan migrants across the Western Hemisphere and restart programs allowing some Cubans and Haitians to reunite with family members in the United States, U.S. agencies announced on Friday.

St. Louis Post-Dispatch

Editorial: Latin American dictators get zero tolerance, but Biden gives the Saudis a pass

For the United States to have any hope of restoring itself as a global beacon of democracy, the Biden administration must take a firm and consistent stand when dealing with dictators. If other nations’ leaders can’t embrace the fundamentals of democracy, they don’t deserve to be welcomed on these shores.…

Reuters

Biden unveils migration plan, capping Americas summit roiled by division

U.S. President Joe Biden and fellow leaders from the Western Hemisphere on Friday rolled out a new set of measures to confront the regional migration crisis, seeking to salvage an Americas summit roiled by division.

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Reuters

White House says Biden, Bolsonaro agree to work together on Amazon deforestation

U.S. President Joe Biden and Brazil President Jair Bolsonaro agreed during a meeting at an Americas summit in Los Angeles to work together on preventing further deforestation of the Amazon, the White House said on Thursday.

Los Angeles Times

Blinken defends exclusion of Cuba from Summit of the Americas, despite triggering boycotts

LOS ANGELES — Despite the absence of presidents from some of the region’s key countries, the U.S.-hosted Summit of the Americas, taking place in Los Angeles this week, can serve as a venue of delicate dialogue and incremental problem-solving, America’s top diplomat said Thursday.

Axios

Summit of the Americas underscores regional divides

Biden doesn't have many friends in the region.

Al Jazeera

Summit of the Americas: A squandered opportunity at critical time

US President Joe Biden’s decision to exclude the presidents of three countries has overshadowed the summit’s agenda.

Reuters

Leaders at Americas summit eye plan to manage migration impact

Leaders attending the Summit of the Americas are poised to issue a declaration pledging measures to curb illegal migration and help countries receiving large number of migrants to cope with them, according to a draft document seen by Reuters on Thursday.

The Conversation

Migration to the US is on the rise again – but it's unlikely to be fully addressed during the Summit of the Americas, or anytime soon

An estimated 6,000 Latin American migrants are traveling together through Mexico to reach the U.S. by foot and car, marking the largest caravan yet in 2022 of migrants traveling to the U.S. border.

Reuters

Biden rebuked over guest list at Americas summit he is hosting

Latin American leaders rebuked U.S. President Joe Biden face-to-face on Thursday over his exclusion of Cuba, Venezuela and Nicaragua from an Americas summit he is hosting, underscoring the challenges he faces to reassert leadership in the region.

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