Eat Just CEO Josh Tetrik owes at least one thing to this Thanksgiving: Singapore’s regulators gave the company the world’s first approval for its cultured meat. The decision paves the way for Eat Just, known for its plant-based egg alternative, which will sell its lab-grown chicken in Singapore as an …
Read More »Beyond Meat (BYND) Q32020 has missed revenue
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 »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 »McDonald’s will add bakery items to the menu under pressure for breakfast customers
McDonald’s new cinnamon rolls, apple fritters and blueberry muffins Source: McDonald’s McDonald’s is adding baked goods to its standing menu for the first time in more than eight years as the fast-food giant seeks to revive its snack sales. Oct. From the 28th, customers will be able to purchase an …
Read More »Kramer is closing its restaurant, hoping to reopen after the Covid-19 vaccine
CNBC’s Jim Kramer said Friday he will close his New York restaurants soon due to a coronavirus epidemic but hopes to resume business when the public health crisis improves. “I’m closing my restaurant and I’m going to close them in 10 days,” Kramer said on “Squaw on the No Street.” …
Read More »