let's check in with sean connolly, the president and ceo of conagra brands.ros spegprospects hitting the 52-week high. >> good to be with you. >> i joke about a certain brand. i won't joke about it anymore. chef boy r dee up 622% h how is that possible? >> it's a great staple and great value and when people went into shelter in place, they needed great quantity at good vaul and chef boyardee was there. >> i could have picked heinz for my tomato sauce or armor and here is one, duncan heinz. we said why, why, why? i see why. that's an incredible number. >> it is one of the really interesting things this quarter, jim, is people started consuming more at home they rediscovered things that they forgot they used to love. cooking, being together with their family, eating together and things like baking together, which is where duncan heinz came in and had a blockbuster quarter. >> one of my colleagues said to me, you know, he watches -- he's on ticktock. candidly, sean, i'm not on ticktock like i must be. people sticking at home exploring the pantry there a rise of

. >> conagra brands announced wednesday it has begun a complete brand and packaging review on mrs.though there have been debates over mrs. butterworth's race. >> and now a message from mrs. butterworth. >> in the wake of the retirement of aunt jemima, there has been furious speculation over whether i, mrs. butterworth, am white or black. hmm... i haven't really given it much thought. i have been too focused on feeding children shots of pure high fructose corn syrup.

conagra will be reviewing mrs. butterworth's, the intention is evoking a loving grandmother. >> it is urgent to expunge our public spaces of a lot of these symbols that, you know, for some people are triggering and represent terror and abuse. >> reporter: the pancake and syrup maker acknowledging today that harm can be done, even over breakfast. stephanie gosk, nbc news >>> and we'll be right back >>> finally, a somber day of mourning in charleston, south carolina, and a renewed call for change here's gabe gutierrez. >> break it down >> reporter: tonight in charleston, officials are calling for the removal of a statue dedicated to a slavery advocate on the same day the city remembered one of its darkest hours. >> reporter: it was unthinkable, really, five years ago today a self-pro claimed white supremacist went to ith the gr that welcomed him. then, he opened fire killing the senior pastor and eight of his parishioners alicia sanders is one of five survivors. she forgave the gunman. >> i wear a smile. the reason i

conagra brands which owns mrs. butterworth syrup will change their pancake syrup bottle.y the corporate america often looks more at the costs then the controversial images. and companies need to make bigger changes. >> it's not enough to get the diverse heads in the door. the second part of that and much more important is inclusion. it's making those headcount and asking for their opinions and inputs and listening to what they say. >> quaker oats plans to change the aunt jemima pancake products with the new branding by the end of the year. pepsi says is launching a $400 million initiative to help african-american communities and increase diversity within the company. at google a pledge to increase diversity and its workforce. google wants to get more members of underrepresented groups in leadership positions. about 6% of the management identifies as african-american or latino compared to voting information campaign in american history. in an to vote by offering information about how to register. zuckerberg says facebook is also taking responsibility for protecting against

that now is the right time to evolve the uncle ben's brand, which we will do without specifying how conagrahile it is to evoke a loving grandmother. >> it is urgent to expunge public spaces of a lot of these symbols that for some people are triggering and represent terror and abuse. >> reporter: the pancake and syrup maker acknowledging that harm can be done, even over breakfast. stephanie gosk, nbc news >> much more ahead, includin th crash that killed kobe bryant, his daughter and seven others. a! polo! ma io sono marco polo, ma playing "marco polo" with marco polo? surprising. ragazzini, io sono marco polo. sì, sono qui what's not surprising? geico helping you save even more on car and motorcycle insurance. ahhh... polo. marco...! polo! now get an extra 15% credit when you switch before october 7th. no♪when you have nausea,dit ♪upset stomach, diarrheaon,♪ pepto bismol coats and soothes your stomach for fast relief and now, get the same fast relief in a delightful chew with new pepto bismol chews. laso you can enjoy it even ifst you're sensitivetose. yet some say it isn't real milk. i gue

conagra will review mrs.terworth's adding the brand is invoke the image of a loving these are only small steps. >> has to be more than a trend. what's radical is see a black woman as the face of apple, ibm, not a diversity commercial or, you know, just of a one-off. >> and as for aunt jemima, the company says it will announce a new name at a later date. >>> new hope for baseball fans this morning. the commissioner of major league baseball says he's reached an understanding with the head of the players union for a 60-game season that would start next month followed by expanded playoffs. the players still have to approve the plan. >>> coming up, the actress chosen to play princess diana and the reaction this morning. >>> also ahead, the new dating app for dog lovers. these are real people, not actors, who've got their eczema under control. with less eczema you can show more skin. so roll up those sleeves. and help heal your skin from within with dupixent. dupixent is the first treatment of its kind that continu

ford, conagra, best buy, adidas and more adding to the list. >> shell will writedown up to $22 billionexpecting a 40% drop in fuel sales in the period. the latest sign of hard hard the company has been hit by the pandemic >> i want to bring you in as well on the next guest all about your sector you cover, travel and leisure growing worry that some cruises despite being booked up may not leave port this year especially as indications surge in port states like florida and texas. is there a risk that no more cruise ships will leave ports with pass evenings on them in 2020 >> it is a possibility there are two paths they've been talking. they've been announcing these successful launch dates and that got pushed from the end of july to mid-september but those are for all intents and purposes, place holders at this point a lot needs to happen between now and these ships setting sail >> amid the spikes in arizona, california and florida being based on them being inside it is so hot, they are cranking the ac cruise lines do appear to be floating barsand restaurants the same things being reshut d

conagra, the maker of mrs. butterworth's syrup will make a new brand.l create meaningful and ongoing support engagement in the black community. these are bold moves but also a long time coming for these companies. another really important point about corporate america. you know, they can give $5 million and give money, but corporate america writes the paychecks, does the hiring, does the training, does the promotion. corporate america here has a very real how they hire. >> coming up next, rayshard brooks speaks in a haunting interview just months before he was shot to death. >> i have to have my guard up because the world is cruel. >> more from him in his own words coming up. ♪ ♪ ♪ ♪ ♪ did you know that 70% is located in your gut? so, by keeping your gut healthy, you keep your immune system healthy. try align gut health and immunity support to help naturally support your gut health and boost your immune system, formulated with a quality probiotic strain, align helps power your health from the inside. it adds more good bacteria to your gut, which works n

butterworth's, conagra says they will change. and calls to rename the washington redskins football team. and land o lakes said it will remove the native american girl from packaging. >> we have been forced to to get used to the way of things, and again, my personal. opinion, it is a little bit too little too late. >> we asked that the companies remove that so it doesn't destroy the black race anymore. >> reporter: corporate america looks more at brand is quite critical to corporate value, up to 80% of share value is linked to brand, intangibles, critically important.>> reporter: founder of the center for equity, gender and leadership, companies need to make deeper change. >> it's not enough to get diverse heads in the door, and much more important is inclusion, making those heads count, asking for their opinions and input and listening to what they say. >> pepsi said it is going beyond just the aunt jemima name change, it is launching a $400 million initiative to help black communities and increase diversity within the company.>>

we mentioned the whole reopening dynamic and then as we said earlier jeffries takes campbell and conagrato buy at 135 and the gap between the laggers and winners in retail will continue to widen will we continue to order in and eat at home for the duration even as these reopen. >> turns out, not everybody is going back and, second, not a lot of restaurants to go to or variety. i just learned and we just got permission to put tables outside because of the haphazard nature where you can and can't go helps campbell and conagra and i think these stocks are good. i had campbell's on and i think they have a magnificent path towards growth turns out you eat the stuff and it's pretty good david, i know never a favorite but you look at what they have and you say, this is pretty good millennials, by the way, love frozen food. i guess because they owe $80,000 a year in college and now you have to pay $80,000 to sit at home >> well, let's hope not. university of phoenix online is going to play university online. safest game there is >> that's suboptimal for these country's universities that process

conagra also reviewing mrs.utter worth's adding that it is meant to invoke the image of a loving grandmother. andrea fujii, abc news, new york. >>> and ebay says that it is updating its list of he offensive materials that can no longer be sold on the site and that includes racist, anti-semitic or otherwise demeaning portrayals like aunt jemima memorabilia or long jockey statues. >>> and the first black model on the cover of "vogue" is speaking out. beverley johnson is opening up about discrimination in the industry. here is gjuju chang. >> reporter: in "first look," beverley johnson speaking out. >> there is no diversity in the upper echelon none. like at all. we don't have a seat at the table. we have no representation in the fashion world. >> reporter: the modeling pioneer, the first black woman to grace the cover of "vogue," opening up about the racism she still sees in the industry after half a century in the business. >> and you think the reason behind that is there is a lack of inclusion and diversity in t

the latest sportswear giant adidas, packaged food company conagra pulling out in the last few minutesies like hewlett-packard, clorox, best buy and ford that pulled advertising today, while others like unilever, coca-cola and as charlie gasparino reported over the weekend, pepsico yanking ads from the social media platform. this list of advertisers, they are all saying thumbs down to facebook. what does mark zuckerberg have to do to stop all this? >> well, i don't know what he can do other than reverse his position. we should point out this type of advertising, i suggest people read our story on foxbusiness.com, kind of lays out just how much money facebook makes a lot of money every year. their revenues are diversifying a lot of the selling data. i believe of their -- each quarter, they do about a billion dollars in advertising which it's -- i'm not saying it's unsubstantial, but whether it's material to the bottom line is debatable. that said, when you have major brands like pepsi, pepsi is a big brand on that list, it does put the pressure on mark zuckerberg to maybe, what twitter

sean connolly explodes the numbers with conagra a lot of the stay-at-home stores people don't believeos who come on my show, left wing, right wing, carl, they've changed their view and hate them or like them, they've changed their view facebook has not >> jim, we're going to wait to see if that changes as well, if we get any incremental moves in policy out of facebook we'll see you tonight. >> thank you >> "mad money" is at 6:00 p.m. eastern time >>> in the meantime, everybody, good tuesday morning welcome to "squawk on the street." i'm carl quintanilla with david faber and morgan brennan pretty interesting final day of q2 coming off and closing out the best quarter in a couple of decad decades. we have powell on the hill at 12:30, the eu officially excluding the united states as they lift some non-essential travel, and now we're getting some consumer confidence numbers. back to rick >> yes, our june read on consumer confidence from the conference board is better than the 91.5 expected. 98.1 that say nice jump from 86.6, and it is the best number since the march read, which was 118.8.

conagra, campbells soup, pepsi cola. liz: that's one kind of liquid but phil, we are looking at another and that is black crude. black gold. it is not gold right now. it's down about 9.33%. still, at $36.21 a barrel in the aftermarket, remember, for those of you who were on mars or somewhere else, i guess two months, month and a half ago, we were at negative 40. remember that freaky friday, whatever day that was? >> i sure do. i think most of the exchanges in the world remembers it as well. it was a historic day. i'll tell you, we had the worst headline that i think, my biggest fear about this bull market has been a second wave of this coronavirus. you know, it's really disappointing to hear these kind of headlines come out because let's face it, the market was looking ahead. it was believing that the fed was going to get ahead of this coronavirus by putting in the stimulus. it believed that americans were going to get back to work, so the concern is that if we have to shut things down again, that's a bad thing. i will t

. >> conagra brands announced wednesday it has begun a complete brand and packaging review on mrs. butterworth's, though there have been debates over mrs. butterworth's race. >> and now a message from mrs. butterworth. >> in the wake of the retirement of aunt jemima, there has been furious speculation over whether i, mrs. butterworth, am white or black. hmm... i haven't really given it much thought. i have been too focused on feeding children shots of pure high fructose corn syrup. point is, am i white or black? i guess there's no way we'll ever know. ( siren ) >> come out with your hands up! huh! i guess now we know. >> announcer: it's "a late show" with stephen colbert. tonight's dream on, plus stephen welcomes sherrilyn ifill and mike birbiglia, featuring jon batiste and sta "stay homin." and now live on tape from a safe distance, it's stephen colbert! >> stephen: i'm not a rocket. i'm not going to blast off. welcome to "a late show." i'm your host stephen colbert. it's been a rough few years these last two weeks, but today we got some good news. because this morning, the "supre

conagra brands which owns mrs. butterworth syrup says they're going to make their pancake bottle.thing corporate america often looks more at the cost than the controversial images. experts say companies need to make a deeper change. >> it's not enough to get those diverse heads in the door. the second part of that, and i was a much more important, is inclusion. it's actually making those heads count. asking for their opinions, their inputs, listening to what they say. >> quaker oats plans to change the aunt jemima pancake product labels with the new branding by the end of the year . pepsi says it is also launching a $400 million initiative to help african-american communities and increase diversity within the company. >>> google is making a pledge to increase diversity in its workforce. google wants to get more members of representative groups in leadership jobs. about 6% of its management identifies as african-american were latino compared to two thirds that identify as white. google is aiming for a 30% increase in minority leadership within the next five years. >>> facebook is r

the latest to bail out adidas, pepsi, which joins coke in leaving facebook ads, denny's, conagra andlorox. the ad boycott is temporary and many of them are leaving social media in general. this boycott created by the naacp, which has been just wildly successful. marcus and laura, facebook has responded by adjusting some rules. historically of all of the services, facebook has been the one that has been just the most uneasy about regulating speech. youtube, facebook, twitch, reddit all making moves. >> i wonder if it was a collaborative effort. that's interesting the timing of it. >>> what are we going to do for our next pot luck, which i guess we're not going to have anyway, but more proof this morning you can't have your cake and eat it, too. at least not if you shop at costco, which is facing a big slice of backlash this morning for pulling a popular bakery item. last month it announced the end of its popular half sheet cake to make way for a new 10-inch round. now customers are demanding the sheet cake return. the uproar. some hope this morning it's just a temporary move tied to t

conagra also saying it will review mrs.ant to evoke the image of a loving grandmother. advocates of social justice saying these are small steps. >> it has to be more than a trend. what is radical to me is seeing a black woman as the face of apple or ibm. not a diversity commercial or just kind of a one-off. >> as for aunt jemima, the company says its overhauled pancake mix and syrup will hit stores later this year. the company will announce a new name at a later date. >> i saw some people upset about this online, because unfortunately i read the comments. the products that are in the packaging, the bottles, will be the same, correct? >> i think so, yes. it's just the name. and the branding. yeah. because it's delicious. i hope they don't change it. >>> when we come back, "the skinny" is next, stay with us. rely on free or reduced breakfast and lunch at school. and with schools suddenly closed, families and communities across america are struggling. that's why boys & girls clubs across the country are stepping up to help fee

uncle ben's owner, mars foods, plans to evolve the rice maker's brand identity while conagra, makers and cream of wheat, they've got two of them, conducting a review of their packaging. quaker oats already announced it will retire aunt jemima from store shelves, acknowledging the character was based on a racist stereotype. gayle, people may not know this, but the original aunt jemima was based on a real person. her name was nancy green, a former slave, born in 1834. sales went through the roof when she became the brand ambassador. since her death in 1923, the logo has changed six times. >> wow. i actually didn't know that her name was nancy green. i do know as a kid i lived in turkey, and in elementary school a little white child called me aunt jemima. i didn't know what it meant. but i knew it probably was not a good thing. that said, i've got aunt jemima and mrs. butterworth now. i'm thinking what took us so long. what took us so long to make that change? i'm glad this is happening. glad this is happening. what have you got -- what else have you got, something about soccer? >> that

rebok, adeed as just is spending advertising on facebook through july and ad week reporting that conagra is pulling the ads through the rest of the year, clorox, best buy and denny's they also announced starbucks which was facebook's sixth biggest advertiser in the u.s. last year. spending an estimated $95 million on the platform. other boycotting brands include honda, coca-cola, unilever and verizon. starbucks is pausing indefinitely this started with the stop hate for profit campaign energied by the naacp and the anti-defamation league while they were likely looking to cut spending because of economic pressures, the extent of the damage to facebook now real really hinges on how many others follow and whether they expand the boycott globally many of the brands are also suspending spending on twitter which could also suffer while pinterest and snap and hulu could benefit as there is lower risk of ads appearing next to offensive content on the platforms. it was also just reported moments ago that microsoft suspended its spending on facebook back in may but the company said it was doing so

. >> reporter: conagra which owns mrs.s we stand in solidarity with our black and brown communities. they're now reviewing their brand. >> it's all about making sure that you have representation at the table for people that really can actually make a decision. i mean, that decision isn't just about changing an ad. >> reporter: calls for change came after this tiktok video viewed more than a million times spotlighting aunt jemima's origins. quaker oats which is owned by pepsico says in a statement, we recognize aunt jemima's origins are based on a racial stereotype. >> you hungry? let me fix you some breakfast. aunt jemima? did you know the aunt jemima means slave mammy on a plantation in the south? the founder got the name after attending a minstrel show. think blackface. >> reporter: aunt jemima has undergone makeovers. in 1989 her head scarf was replaced with a new hairstyle and pearls. some believe until now, the brand had not done enough. >> aunt jemima was almost an exact replica of the mammy character in "gone with t

check out shares of conagra. they are higher in pre-market trading.his after the food producer beating the top and bottom lines as well as giving an upbeat forecast like many food producers, it's been seeing increased demand amid the coronavirus pandemic. treasury did consider another deadline of the july 15th tax filing norwegian air has canceled orders for 97 boeing 737 max and they're planning to seek compensation for delays due to the two jets it did not say how much it was seeking. boeing says it was working with the airline to find a path forward. >> okay. when we come back, investor dan niles tells us which of the fed's most recent actions has him nervous. it's probably not what you think believe it or not. and a programming note for you, don't miss the cnbc documentary "supermarket shock, crisis in america's food supply. it premiers at 10 p.m. eastern time it's a fascinating look at all of the links in the chain, how the food supply works and how it is coping during this pandemic stay tedun you are watching "squawk box" on cnbc >>> welcome bac