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Past Meat (BYND) Q2 2021 earnings
Packs of Beyond Meat plant-based burger patties are displayed for sale. Paul Yeung | Bloomberg via Getty Images Beyond Meat on Thursday reported a wider-than-expected loss as higher costs and investments in its business weighed on margins. The company also expressed caution for the second half of the year, citing the delta Covid variant. Shares…
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Weber CEO describes new good grill lineup as inventory pops in market debut
Weber Grills has plans to launch a new line this year that redefines propane grilling, CEO Chris Scherzinger told CNBC on Thursday ahead of the company’s public listing. On “Squawk on the Street,” Scherzinger said the internet-connected line will be able to measure propane levels, alert users when the tank is running low and “get you a…
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Biden is pushing for electrical automobiles to account for half of US auto gross sales by 2030
Then Vice President Joe Biden (R) and General Motors CEO Mary Barra take a look at the new Corvette C7 and attend the North American International Auto Show industry preview at Cobo Hall on January 16, 2014 in Detroit, Michigan. Paul Warner | Getty Images President Joe Biden will set a new national target for…
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Penn Nationwide to accumulate theScore for $ 2 billion
The Penn National Gaming logo is displayed on a smartphone. Rafael Henrique | SOPA Pictures | LightRakete | Getty Images Shares in Score Media and Gaming, which operates theScore, rose more than 60% Thursday morning after Penn National announced it would acquire the company for $ 2 billion in cash and stock options. Penn National…
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Simone Biles return helped Olympics viewership, common 16.eight million
Simone Biles of the United States in action on the balance beam, final round, Ariake Gymnastics Centre, Tokyo, Japan, August 3, 2021. Lindsey Wasson | Reuters The Tokyo Olympics averaged 17.4 million total viewers for Tuesday’s coverage, and NBCUniversal’s overall primetime average remained at 16.8 million viewers across its platforms, the media company announced Wednesday.…
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Black-owned drive-in movie show born of the Covid pandemic has plans to stay round
The Covid-19 pandemic dramatically altered the small business landscape in the U.S., boosting some while crushing others. For Ayana Morris and Siree Morris, it represented an opportunity: They co-founded drive-in movie theater Newark Moonlight Cinema. But even as vaccinations have some people returning to their pre-Covid ways, the Morrises told CNBC they have plans to expand their…
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Goal introduces debt-free school levels to draw retail employees
Target said Wednesday that it will offer workers new perks: a debt-free way to get a college degree and payments for graduate programs. Starting this fall, the wholesaler said it will cover the cost of tuition, fees and textbooks for part-time and full-time workers seeking a qualifying bachelor’s degree from more than 40 institutions. It…
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There’s not sufficient being completed to combat doping in swimming
American backstroke Olympian Ryan Murphy told CNBC’s “The News with Shepard Smith” that doping remains a huge problem in the sport, and that there’s not enough being done to combat it. “In the U.S. you can see exactly how many times myself or any of my teammates have been drug tested, and it’s not like…
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CVS is discontinuing the administration of J&J Covid vaccines in pharmacies and continues to supply vaccinations in a couple of MinuteClinics
A nurse will give a syringe to the FEMA-sponsored COVID-19 vaccination site at Valencia State College on the first day the site resumes offering the Johnson & Johnson vaccine. Paul Hennessy | LightRakete | Getty Images CVS Health has discontinued Johnson & Johnson’s single-dose Covid-19 vaccine in its pharmacies and only makes vaccinations available in…
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CVS Well being says Covid vaccinations have peaked
A woman enters a CVS Covid-19 vaccine site in Monterey Park, California on April 27, 2021. Frederic J. Brown | AFP | Getty Images Karen Lynch, chief executive of CVS Health, said Wednesday that the peak of Covid-19 vaccinations was behind the company. On a phone call, she said the drugstore chain had administered 30…