Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Thursday announced that it has struck deals with fast-food giants McDonald’s and Yum Brands, sending shares up 7% in extended trading. The company
A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters Check out the companies making headlines after the bell on Thursday: Beyond Meat – Beyond Meat shares rose as much as 14.7% in volatile trading on news that the plant-based
David Solomon, chief executive officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, April 29, 2019. Patrick T. Fallon | Bloomberg | Getty Images Goldman Sachs CEO David Solomon said that working from home was “not a new normal” for the investment banking giant, calling it an “aberration.” Speaking at
Mentions of GameStop increased on Reddit days before shares of the video-game retailer took off again, according to Justin Zhen, co-founder of Thinknum, a tech firm that compiles alternative data sets for investors. “In the last 24 hours, we saw the number of occurrences of mentions for GameStop spike. It actually started spiking about four
Ask Larry Economic Security Planning, Inc. Today’s column addresses questions about whether spousal benefits can increase total benefits for a person with a public pension, if spousal benefits begin automatically when the other spouse files and when excess spousal benefits are paid if the recipient already gets retirement benefits. Larry Kotlikoff is a Professor of
Getty images getty For a lot of young people, especially those who are beginning to get a handle on their finances, tax filing can be a dreaded task, and strategic tax planning may seem like a major undertaking. Year-end is typically when many people start thinking about taxes. But waiting until the year is over
Kitchen remodels are a popular and expensive home improvement project. getty Sooner or later you might join the millions of Americans who remodel or renovate their homes each year. Perhaps it’s at that moment when you realize your kitchen says 1975, but you would prefer to cook in the moment. Or you have decided you
recep-bg | E+ | Getty Images Spring typically represents a new beginning, a fresh start and a bright outlook for the future. This also indicates that the time is approaching for hundreds of thousands of high school seniors to decide on what college they will be attending. As a wealth advisor and parent of one
Hinterhaus Productions As Congress works to finalize its latest coronavirus relief bill, some American families are poised to receive a financial windfall. Between new $1,400 stimulus checks and an enhanced child tax credit, that could add up to more than $14,000 for some families. “All of the focus has been on the $1,400 when, in
McDonald’s Crispy Chicken Sandwich and Deluxe Crispy Chicken Sandwich Source: McDonald’s McDonald’s new line of chicken sandwiches could lift all chicken suppliers, particularly Tyson Foods and Pilgrim’s Pride, said a Bank of America Securities report released Thursday. The fast-food giant launched its Crispy Chicken Sandwich nationwide on Wednesday, spurred on by increased competition with Chick-fil-A
An employee removes a pizza from the oven at a Domino’s Pizza restaurant in Rantoul, Illinois. Daniel Acker | Bloomberg | Getty Images Domino’s Pizza on Thursday reported quarterly earnings missed estimates as pandemic costs weighed on profits and U.S. same-store sales growth slowed. The pizza chain also released a new outlook for the next two to
The logo of Swedish payment provider Klarna is shown on the display of a smartphone on April 22, 2020 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images LONDON — Klarna is close to finalizing a $1 billion funding round that would give the Swedish fintech company a valuation of $31 billion, two sources
Nuclear energy will “absolutely” be politically palatable, billionaire philanthropist, technologist and climate change evangelist Bill Gates recently told Andrew Ross Sorkin on CNBC’s “Squawk Box.” Nuclear power has to overcome a baneful reputation garnered by association with the atomic bomb and radioactive disasters, but it’s a necessary, worthy and surmountable challenge to correct the naysayers,
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, December 1, 2020. Susan Walsh | Pool | Reuters Stock investors are trying desperately to interpret what a rise in bond yields means for the stock market. Since February 10th,
US President Joe Biden speaks about the American Rescue Plan and the Paycheck Protection Program … [+] (PPP) for small businesses in response to coronavirus, in the Eisenhower Executive Office Building in Washington, DC, February 22, 2021. – The Paycheck Protection Program (PPP) has been a key lifeline to businesses amid the Covid-19 crisis, but
Sinelia Louis will finally be eligible to apply for a PPP loan due to changes by the Biden administration that allow access for non-citizen small business owners. Sinelia Louis When Sinelia Louis, 50, heard about the recent changes to the Small Business Administration’s Paycheck Protection Program, she felt like her prayers had been answered. “I
Loosing the city’s private equity rules may be good for Stringer’s immediate political ambitions but … [+] will cost the city’s underfunded pensions for decades to come, given that these deals have lock-ups as long as 50 years. getty What a remarkable coincidence that New York City Comptroller Scott Stringer is looking to loosen strict
Clark Twiddy is the President of Twiddy & Company, a hospitality and asset management firm along North Carolina’s Outer Banks. getty It comes as little surprise to know that the pandemic’s lengthening impact on global travel patterns has changed travel thinking in ways well beyond the actual shadow of the virus’ reach. While many travel-and-tourism indicators
Cardinal Timothy Dolan, Archbishop of New York, helps to give out food at the Saint Francis of Assisi Breadline on February 17, 2021 in New York City. Michael M. Santiago | Getty Images Jessica Cruz and her family were in a bind. When the coronavirus pandemic hit last March, Cruz, a 39-year-old care coordinator in
Dr Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, speaks during a White House press briefing, conducted by White House Press Secretary Jen Psaki, at the James Brady Press Briefing Room of the White House January 21, 2021 in Washington, DC. Alex Wong | Getty Images New data suggests that people