Business

The plant-based food industry is facing a reset as Beyond Meat and Oatly shares suffer

The plant-based food industry is facing a reset as Beyond Meat and Oatly shares suffer

In this photo illustration Oatly oat milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street appears to be souring on plant-based substitutes. Shares of Beyond Meat and Oatly have shed more than half their value this year. The stocks are both high-profile and relative recent entrants to …

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Novavax confident Covid vaccine will receive FDA authorization in June after delays

Novavax confident Covid vaccine will receive FDA authorization in June after delays

Novavax is confident its Covid-19 vaccine will receive the endorsement of the Food and Drug Administration’s advisory committee early this summer, executives said this week. The FDA committee is scheduled to meet on June 7 to review Novavax’s submission. An endorsement from the committee, which is made up of independent experts, would mean the drug …

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'Rebalancing during this pullback is a great idea': 6 questions to ask your financial adviser right now as stocks continue to tumble

‘Rebalancing during this pullback is a great idea’: 6 questions to ask your financial adviser right now as stocks continue to tumble

First, consider this general guide on investing: it’s about playing the long game instead of hyperventilating over headlines and doing something drastic, financial advisers say. Now file that statement under things easier said than done. Investors, especially newer ones, are getting tested by a convulsive stock market that keeps shedding value while big-picture economic questions …

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Alphabet CEO Sundar Pichai on inflation, investing in growth, and free speech on the internet

Alphabet CEO Sundar Pichai on inflation, investing in growth, and free speech on the internet

CNBC: Sundar Pichai, CEO of Alphabet and Google being interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said that while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the broader market. “We definitely see uncertainty ahead, like everyone else,” Pichai told …

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Why US gas prices are at a record, and why they'll stay high for a long time | CNN Business

Why US gas prices are at a record, and why they’ll stay high for a long time | CNN Business

New York CNN Business  —  Russia’s invasion of Ukraine is a major reason that US drivers are paying record prices for gasoline. But it’s not the only cause of the spike. Numerous factors are pushing prices up, with regular gasoline hitting a record $4.40 a gallon Wednesday according to AAA’s survey. Gas prices were already …

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How Ford's F-150 Lightning stacks up against Rivian and Hummer electric pickups

How Ford’s F-150 Lightning stacks up against Rivian and Hummer electric pickups

SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but it needs to be said. Why? Because a successful battery-powered pickup is a critical step in the EV transition, …

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Boeing is losing the plane race. So it packed up and left for Washington | CNN Business

Boeing is losing the plane race. So it packed up and left for Washington | CNN Business

New York CNN Business  —  Boeing is moving its headquarters from Chicago to a suburb of Washington, DC. But some analysts think this move is one in the wrong direction. Boeing was based in Seattle from its founding in 1916 to 2001. During its heyday it was renowned as an engineering-driven company that made the …

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