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Beyond Meat earnings drop 30% with falling demand
Beyond Meat earnings drop 30% with falling demand
Troubled plant-based meat company Beyond Meat posted a 30% revenue decline in the second quarter due to falling demand for its products, the company announced Monday.
2023-08-08 06:24
Rakuten Bank Sees Edge Over Rivals Once BOJ Ends Negative Interest Rates
Rakuten Bank Sees Edge Over Rivals Once BOJ Ends Negative Interest Rates
Japanese online lender Rakuten Bank Ltd. says it’s better positioned than rivals to enjoy a profit boost when
2023-08-08 06:21
BNSF Railway’s Sandpoint Junction Connector Bridge Now Open
BNSF Railway’s Sandpoint Junction Connector Bridge Now Open
SANDPOINT, Idaho--(BUSINESS WIRE)--Aug 7, 2023--
2023-08-08 05:59
Marketmind: Awaiting another China exports slump
Marketmind: Awaiting another China exports slump
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-08 05:55
EV firm Proterra files for Chapter 11 bankruptcy
EV firm Proterra files for Chapter 11 bankruptcy
(Reuters) -Electric vehicle company Proterra has filed for Chapter 11 bankruptcy protection in the United States, according to a court
2023-08-08 05:50
Palantir Raises Profit Forecast, Sets $1 Billion Buyback
Palantir Raises Profit Forecast, Sets $1 Billion Buyback
Palantir Technologies Inc. raised its forecast for adjusted profit in 2023 and authorized a $1 billion share buyback
2023-08-08 05:46
Electric Vehicle Tech Manufacturer Proterra Files for Bankruptcy
Electric Vehicle Tech Manufacturer Proterra Files for Bankruptcy
Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. The
2023-08-08 05:46
Brazil official defends progress on protecting forests, blasts EU ban
Brazil official defends progress on protecting forests, blasts EU ban
By Ana Mano SAO PAULO Brazil believes European Union rules banning products coming from areas of deforestation are
2023-08-08 05:29
Advent Nears $1 Billion Deal for Retail Brand Zimmermann
Advent Nears $1 Billion Deal for Retail Brand Zimmermann
Private equity firm Advent International is nearing a deal to acquire Zimmermann in a transaction valuing the Australian
2023-08-08 05:27
Starwood Weighs Sale Option for $230 Million American Dream Debt
Starwood Weighs Sale Option for $230 Million American Dream Debt
Starwood Property Trust Inc. says a debt sale at a discount is a possible option for money tied
2023-08-08 05:26
AI mania, financials and energy stocks boost hedge fund gains
AI mania, financials and energy stocks boost hedge fund gains
NEW YORK Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology,
2023-08-08 05:22
Meme stocks are back as investors buy shares of beaten-down companies such as Yellow and Tupperware
Meme stocks are back as investors buy shares of beaten-down companies such as Yellow and Tupperware
A new class of meme stocks has sprung up during the stock market’s surprise recent rally, raising concerns about investors’ willingness to take on bigger risks amid a still uncertain economy
2023-08-08 05:20
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