USA

Merchant Joe’s to Eliminate ‘Racist’ Ethnic Food Packaging

Merchant Joe’s plans to remove ethnic brands from his products as a petition requesting their removal gain momentum. The California-based supermarket chain said it is working to phase out foreign names it has attributed to ethnic foods, such as “Trader José’s” for Mexican cuisine, “Trader Ming’s” for Chinese products, and …

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JP Morgan downgrades Moderna’s rating due to valuation problems

JP Morgan analysts downgraded the shares of Moderna Inc. MRNA, + 15.93% Neutral because of overweight by concerns about the valuation of the preclinical company, which has never produced an approved product. Moderna is developing a candidate for the COVID-19 vaccine that is widely considered to be one of the …

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