Food and drink
Recession or not, investments in this sector have shown resilience in tough times
With the economic picture growing gloomier by the day, investors may be looking for sectors that have historically proven to be resilient during a recession. “Alcohol has the tendency to survive the times,” said Mark Neuman, chief investment officer and founder of Constrained Capital. His ESG Orphans exchange-traded fund, which has $1 million in assets […]
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Sunflowers, war and drought: Why the rate of margarine and butter spiked 32%
Jeff Greenberg | Common Pictures Team | Getty Photos Cue the collective gasp of cooks, bakers and foodies: Foods price ranges are up significantly — but none far more so than for butter and margarine. Costs for these substances and spreads jumped 32% in September as opposed to a calendar year ago, the most among […]
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This pandemic consumer trend is still going strong. How to get behind it
If you purchased a bicycle to stay fit during the pandemic, you likely don’t need another one. The same likely goes for that new sofa, the fire pit and all those scented candles. But if you brought home a puppy or adopted a kitten, that bundle of fur still needs to be fed and entertained, […]
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Utah’s cookie war heats up in court – and on social media
There’s a war going on in Utah – not over politics or drugs – but cookies. Crumbl Cookies, which has more than 300 stores in 36 states, has declared war on smaller competitors Dirty Dough (six stores in Utah and Florida) and Crave (nine stores in Utah and Florida.) And it’s setting social media ablaze. […]
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Beyond Meat to cut 19% of its workforce as sales, stock struggle
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Beyond Meat plans to cut 19% of its workforce, or about 200 employees, the company said Friday in a regulatory filing. The cuts are expected to be completed […]
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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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