Food and drink
Beyond Meat exec Doug Ramsey leaves company after arrest for allegedly biting man’s nose, punching Subaru
Douglas Ramsey Source: Washington County, Arkansas Beyond Meat Chief Operating Officer Doug Ramsey, who had been suspended following an arrest for assault, has left the company. Ramsey left the company effective Friday, weeks after he was arrested for allegedly biting a man’s nose following a college football game in Arkansas, the company said in a […]
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Spotted lanternflies are feasting on U.S. grapevines and putting vineyards at risk
It’s 2 p.m. in Pylesville, Maryland, and Mike Fiore is patrolling the vineyards he’s owned since 1975 for an insect that recently began wreaking havoc on his property – the invasive spotted lanternfly. “If we don’t destroy them, [they’ll] destroy us,” said Fiore, a 78-year-old immigrant from Italy whose family has been in the wine […]
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Domino’s reports mixed third-quarter results as U.S. same-store sales increase
An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza reported better-than-expected revenue for the third quarter Thursday and stood by its forecast for food cost inflation this year, even though earnings fell short of estimates. In the U.S., the company […]
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Why Aramark investors should root for the NY Mets this baseball post-season
Aramark investors should forget their home town team this baseball playoff season and instead root for those clubs that have the company’s concession stands at their stadiums, according to Bank of America. Major League Baseball’s playoffs, which begin Friday afternoon, have been expanded to include 12 teams, up from 10 last year. As a result, […]
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New research points to health benefits of eating earlier in the day and within a 10-hour window
According to Mayo Clinic, one third of patients with long Covid report having troubles with some of the most basic activities of life, such as getting dressed in the morning, showering, and eating. Geber86 | E+ | Getty Images New research suggests there may be an ideal window of time to eat during the day. […]
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Sorry, hard seltzer — beer companies are into canned cocktails now
Boxes of Cutwater Tiki Rum Mai Tai canned cocktails in a retail store in Pleasant Hill, California, February 11, 2022. Gado | Archive Photos | Getty Images Hard seltzer has lost its fizz. Now canned cocktails are all the buzz. Also known as ready-to-drink, or RTD, cocktails, the canned drinks were the fastest-growing spirits category last year, […]
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What Nike’s earnings report tells us about 3 consumer stocks in our portfolio
A warning from Nike (NKE) in its first-quarter earnings report has given us some serious insights into a handful of consumer stocks in the portfolio. We call them “readthroughs”: valuable investment clues we find by sifting through financials and comments from other companies, including ones not owned by Jim Cramer’s Charitable Trust, the portfolio we […]
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The union push could face a big obstacle in 2023 if the economy falls into a recession
Hannah Whitbeck (C) of Ann Arbor, Michigan, speaks as Alydia Claypool (L) of Overland Park, Kansas, and Michael Vestigo (R) of Kansas City, Kansas, all of whom say they were fired by Starbucks, listen during the “Fight Starbucks’ Union Busting” rally and march in Seattle, Washington, on April 23, 2022. Jason Redmond | AFP | […]
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McDonald’s owners group says company rejected request to delay big changes to franchise system
A customer places an order September 24, 2022 at a McDonald’s Restaurant along the New York State Thruway in Hannacroix, New York. Robert Nickelsberg | Getty Images News | Getty Images A group representing McDonald’s owners said the company rejected its request to delay changes to franchising policies, including updated standards and adjustments to how […]
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Beyond Meat suspends operating chief after arrest for allegedly biting man’s nose
Douglas Ramsey Source: Washington County, Arkansas Beyond Meat said its operating chief Doug Ramsey has been suspended, effective immediately, after he was arrested Saturday evening for allegedly punching a man and biting his nose. The company said in a statement on Tuesday afternoon that Jonathan Nelson, the company’s senior vice president of manufacturing operations, will […]
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