Marketplace Morning Report for Wednesday, February 20, 2013
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Campbell Soup Company controls about 50 percent of the soup market, which is far less than the 144-year-old company used to. In order to start growing again, Campbell's has introduced a new line of soups specifically for millennials, but the results have been lukewarm. The government of Bulgaria has quit after nationwide protests against austerity measures. And a new report says college fundraisers brought in $31 billion in donations last year, with a full billion of that going to Stanford University.
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Posted In: Citizens United, campaign finance, Supreme Court
On Tuesday, the court announced it will take up a case challenging limits on how much individuals can contribute directly to candidates or political parties within an two-year election cycle.
Housing dips but still comes in strong, a new ad campaign for NASCAR, how to protect yourself from restaurant tip theft, and USPS launches a new clothing line.
Posted In: tipping, Personal Finance
When you go out to eat at a restaurant and pay by credit card, what should you do with your receipts? Leave them on the table or throw them away?
Posted In: Europe debt crisis, austerity, bulgaria
After clashes between police and protesters became violent, Bulgarian Prime Minister Boyko Borisov submitted his resignation today in what has become the latest example of voters rising up against budget cuts and winning.
Posted In: Tech, Microsoft, outlook
By the end of the summer, Hotmail will be no more. Its parent, Microsoft, is converting Hotmail to a new 21st century emailer called Outlook.com.
Posted In: branding, NASCAR
The racing series looks to broaden its appeal to a younger and more diverse audience.
Posted In: branding, food and drink, Millennial Generation, advertising
Losing market share, Campbell has launched a new 'Go Soup' line aimed at millennials. The marketing campaign missed the mark -- but got people talking.
Posted In: stanford, higher education, endowments, fundraising
Stanford University becomes the first school to break the billion dollar barrier for fundraising in a single year.