Beyond Meat shares tumble on disappointing Q1
Plant-based meat company Beyond Meat reported lower-than-expected revenue in the first quarter as it slashed prices and demand from restaurants…
Headlines
Disney’s Strong Streaming Growth Dispels Netflix Gloom
By Lisa Richwine and Eva Mathews (Reuters) -Walt Disney Co eased concerns about streaming video by picking up 7.9 million…
Fed’s Powell, Jefferson To Get Senate Nod This Week
By David Morgan (Reuters) -Jerome Powell, nominated for a second term as chair of the U.S. Federal Reserve, could win…
Fed’s Powell Could Get Senate Renomination Nod Wednesday
(Deletes extraneous material) (Reuters) – Jerome Powell, nominated for a second term as chair of the Federal Reserve by President…
Coinbase loses half its value in a week as crypto slumps
SILVER SPRING, Md. (AP) — Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its…
Abbott Could Restart Infant Formula Production At Michigan Plant In Two Weeks
(Reuters) -Abbott Laboratories said on Wednesday it could restart production of infant formula at its troubled Michigan facility within two…
Dallas Fed Taps U.S. Central Bank Markets Expert Logan As New Chief
(Reuters) – The Dallas Federal Reserve on Wednesday named Lorie Logan as its next president, filling the vacancy left by…
Russia’s Economy To Start Stabilising In ‘new Equilibrium’ Near Year-end -central Bank
(Reuters) – Russia’s economy will begin stabilising in its “new equilibrium” closer to the end of this year after beginning…
Boeing Sees Progress On 787, China, But Supply Chain Risks Loom
By Eric M. Johnson and Aishwarya Nair SEATTLE (Reuters) – Boeing Co said on Wednesday it would study an equity…
Pfizer’s $11.6 Billion Biohaven Buy Could Spark More Biotech Deals
By Manas Mishra (Reuters) – Pfizer Inc’s $11.6 billion deal for migraine specialist Biohaven Pharmaceutical has kindled expectations on Wall…