May 18, 2018

Campbell Soup CEO surprises with immediate retirement

Michael Sykes

Campbell's Soup CEO Denise Morrison speaking at a forum. Photo: Justin Sullivan/Getty Images

Campbell Soup CEO Denise Morrison retired abruptly on Friday morning after eight years at the company, reports CNBC.

Why it matters: Morrison's retirement brings the number of women who are Fortune 500 CEOs down to 23. Since her retirement was announced, the company's stock has also fallen by 3%.

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Axios

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 8 p.m. ET: 1,595,350 — Total deaths: 95,455 — Total recoveries: 353,975 — Map.
  2. U.S.: Total confirmed cases as of 8 p.m. ET: 461,437 — Total deaths: 16,478 — Total recoveries: 25,410 — Map.
  3. Public health latest: U.S. has expelled thousands of migrants under a CDC public health order — Dr. Anthony Fauci said social distancing could reduce the U.S. death toll to 60,000.
  4. Business latest: The Fed will lend up to $2.3 trillion for businesses, state and city governments — After another 6.6 million jobless claims, here's how to understand the scale of American job decimation.
  5. States latest: FEMA has asked governors to decide if they want testing sites to be under state or federal control.
  6. World latest: Lockdowns have led to a decline in murders in some of the world's most violent countries — Boris Johnson is moved out of the ICU but remains in hospital with coronavirus.
  7. In Congress: Senate in stalemate over additional funding for small business relief program.
  8. 1 SNL thing: "Saturday Night Live" will return to the air this weekend with a remotely produced episode.
  9. What should I do? Hydroxychloroquine questions answered — Pets, moving and personal health — Answers about the virus from Axios experts — What to know about social distancing — Q&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

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Federal court temporarily blocks coronavirus order against some abortions

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A federal judge ruled Thursday that clinics in Texas can immediately offer medication abortions — a pregnancy termination method administered by pill — and can also provide the procedure to patients nearing the state's time limits for abortions.

Driving the news: The decision comes after federal appeals court ruled 2-1 on Tuesday in favor of an executive order by Republican Gov. Greg Abbott that prohibits abortions during the coronavirus outbreak.

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Where things stand: Nearly every country on Earth is still seeing their caseload increase, and a recent uptick in Singapore shows that apparent victory over the virus can be fleeting. But several countries are providing reason for optimism.

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