Meat on Monday said it turned to losses in the third quarter after a coronavirus epidemic weakened demand for its meat alternatives in restaurants. CEO Ethan Brown said some of the blame for its low result lies in customer stopping. Panic-buying at the start of the crisis had boosted Beyond’s …
Read More »Uber has reached record highs as investors see growing losses for the vaccine
Dara Khosrowshahi, CEO of Uber, speaking at the 2019 Deal Book Conference in New York on November 6, 2019. Samuel Quorum | Deal Book Investors are suddenly optimistic about Uber. Shares rose more than 7% on Monday and closed above their $ 45d IPL price for the first time since …
Read More »Pfizer’s CEO says the timing of the vaccine announcement has nothing to do with politics
In an interview with CNN’s chief medical correspondent Sanjay Gupta, Baurla said he first got information about the results of the hearing on Sunday and he has not seen the data yet, casting cold water on the idea that voters have no political motive behind releasing the news. Choose their …
Read More »McDonald’s (MCD) Q32020 earnings top estimate
McDonald’s Restaurant Rent on Oxford Street. Restaurants are only allowed to open for takeover orders during the England Second Lockdown. Dave Rushen | Lightrocket | Getty Images McDonald’s reported quarterly earnings on Monday, topping analysts’ estimates. Helped customers through promotions that led them to return to their restaurants. The company’s …
Read More »Warren Buffett’s profit on Berkshire Hathaway rose 826%, but the epidemic hurt business.
Wern Run Buffett of Berkshire Hathaway Getty Images Omaha, Nab. – Warren Buffett’s organization reported a 3% increase in its third-quarter profit as the value of its investment portfolio increased, but Berkshire Hathaway said the coronavirus epidemic damaged a variety of businesses, such as the BNSF railroad. Berkshire BRKB, + …
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