Grocers roll out plant-based burgers – at prices below Beyond Meat
Cashing in on rising demand for imitation meat, major retailers including Kroger, Target and Walmart recently began to carry Beyond Meat’s plant-based burgers and sausages....
Macy’s allays holiday season sales worries, shares rise 5%
Macy’s Inc reported just a 0.6% drop in holiday period same-store sales on Thursday, quelling fears of a more dramatic fall in the department store...
Walgreens first-quarter profit falls nearly 25% on higher costs
Drugstore chain Walgreens Boots Alliance Inc posted a 24.8% drop in quarterly profit on Wednesday, hurt by higher costs related to its acquisition of stores...
Futures steady as Iran retaliation seen as contained
U.S. stock index futures turned higher on Wednesday after Iran signaled no further escalation in military strikes following its attack on U.S.-led forces in Iraq,...
Exclusive: Impossible Foods has stopped McDonald’s burger talks, shares of Beyond Meat jump
Impossible Foods is no longer trying to win a coveted deal to supply McDonald’s Corp with plant-based burgers, telling Reuters it cannot produce enough of...
Airlines re-route or cancel flights around Iraq, Iran after missile strike on U.S. troops
Major airlines canceled Iran and Iraq flights on Wednesday and re-routed others away from both countries’ airspace, following an Iranian missile strike on United States-led...
McDonald’s expands Beyond Meat burger trial to 52 Canadian outlets
McDonald’s Corp said on Wednesday it would expand its vegan burgers trials using Beyond Meat patties to 52 restaurants in Canada, signaling a stronger push...
Varta warns Chinese firms on patent infringements, shares plunge
German battery maker Varta said on Wednesday that it has warned electronic goods traders after finding products with batteries from Chinese manufacturers which infringe on...
‘Shot across the bow’: U.S. steps up pressure on UK ahead of Huawei decision
The United States is making a final pitch to Britain ahead of a UK decision on whether to upgrade its telecoms network with Huawei equipment,...
Investors pause equity selling as fears of immediate Iran-U.S. escalation fade
Global equities fell on Wednesday and Wall Street was set for a weaker open after Iran’s attack on U.S.-led forces in Iraq, but earlier sharp...