Booming industry and plantbased murders. The market darling of sparkling water is losing ground. Jason joel weber is with us on why he put we wanted to do this story in a summer issue. It is the zeitgeist of summer. One thing that has happened is consumers have shifted away from soda and embraced sparkling waters. They have encapsulated that and boomed. All of a sudden it has gotten competitive. Lot about learned a their competitors, mainly pepsi and cocacola. They are owned by national a beverage and out as part of their portfolio. But going against cocacola or pepsi, once they opened their war chest and looked at sparkling water, they can say we know how to put that in a can. Jason that is coming in from the top, then you have craft beers and food, now it is sparkling water. It is what they introduced the marketplace. Category and the rejuvenated it, and they are met on both sides. Taylor we learned as well about the founder and ceo, what is he like . This is a person who came into h
Hilsenrath. No, no. Never. Also on deck this morning fox news senior strategic analyst and retired four star general jack keane, at the bottom of the hour talking about iran, pesm congressman member of the house of judiciary commit yes and services committee, former toysrus, former vice chairman, gary on china and consumer, Fat Brands International chairman ed ramsey is here. Saturday night live alumni talking about eddy murphy, right now checking on futures this morning, losses slight on the dow futures down 7 points after major turnaround in the markets yesterday as cooler heads, calmer heads prevailing in the trade fight between United States and china yesterday. President trump softening his stance toward china after announcing new heightened tariffs on friday saying yesterday at g7 saying he sees a trade deal happening. China wants to mick a deal, now, whether we make a deal, has to be great deal for us you know, i tell this to president xi who i really respect, i said, look, your
Burgers. Taylor the market darling of sparkling water is losing ground. The aisle gets crowded. Jason joel weber is with us. Joel we wanted to do this story in a summer issue. It is the zeitgeist of summer. One thing that has happened is consumers have shifted away from soda and embraced sparkling waters. Lacroix has encapsulated that and boomed. All of a sudden it has gotten competitive. Taylor we learned a lot about their competitors, mainly pepsi and cocacola. Joel they are owned by national a beverage and out as part of their portfolio. But going against cocacola or pepsi, once they opened their war chest and looked at sparkling water, they can say we know how to put that in a can. Jason that is coming in from the top, then you have craft beers and food, now it is sparkling water. Joel it is what they introduced the marketplace. They invented the category and rejuvenated it, and they are met on both sides. Taylor we learned as well about the founder and ceo, what is he like . Joel
On china stabilizing the yuan. We are being influenced by europe and germany headlines. The s p 500 right now 2915. The nasdaq is up 1. 5 . The 10 year yield is well higher than it was yesterday. A little bit of selling in the treasury market today. A couple of individual stories to look at, kraft heinz a sadly said, we need a plan. The street said yes, you do, and in the meantime we are going to sell your stock. Down 40 . Symantec up on a proposed deal with broadcom. Guy lets talk about what is happening with that german story. The German Finance Ministry says there is no decision to balance its budget for recovery. We will come to that story in a moment with more detail. Look, weve seen a massive gyration in the market over the last few days. How have you dealt with that . What is your view on that . Twodi e have taken a rightwosided approach now. We dont think there is going to be a recession. We are in a manufacturing recession, but services and consumption are relatively strong, s
David i am david tweed. This is bloomberg turnaround. To see how they put the frosted back in carlsberg. David when he arrived in carlsberg in 2015 he found a company demoralized by bad investment in the russian market that had forced them to stand on the sideline of a wave of brewing industry consolidation. What is special about the carlsberg turnaround is how it triggered the turnaround by returning the company to its original service the founder set out, and engaging the workforce. When i think back to 2015, i suppose what was different about carlsberg, we did not have clarity on the way forward. We looked to competitors and the consolidation that was happening. And there was concern. David i wanted to ask, how do you deal with these issues at once . And hadt them together a 70 year program, the start of a journey. We realized ourselves that we did not have the money. We said we can do two things, create the future for ourselves. Askd reluctant to shareholders for funds, they cut co