Buying your groceries online could leave you missing key information, study says

Packaged foods are required by federal regulations to have nutrition and ingredient information available for consumers to review when shopping at physical grocery stores. But information about some products from many online grocery retailers was missing, according to the study published in Public Health Nutrition. “I think it’s a misconception that people don’t read food … Read more

McDonald’s expands test of McPlant burger created with Beyond Meat

McDonald’s McPlant burger Source: McDonald’s McDonald’s is expanding its test of the plant-based McPlant burger, created as part of its partnership with Beyond Meat. Starting Feb. 14, the fast-food giant will roll out the burger at roughly 600 locations in the San Francisco Bay and Dallas-Fort Worth areas to learn more about consumer demand for … Read more

Travelers, American Airlines, Signet Jewelers and more

Check out the companies making headlines before the bell: Travelers (TRV) – The insurance company reported quarterly earnings of $5.20 per share, well above the consensus estimate of $3.86, with revenue also beating analysts’ forecasts. Travelers benefited from stronger results in investment and underwriting income, and its stock rose 2.5% in premarket. American Airlines (AAL) … Read more

Tim Cook and Sundar Pichai are personally lobbying senators against antitrust legislation: report

America’s biggest tech companies are seriously concerned about the new antitrust laws. So much so that Apple CEO Tim Cook and Alphabet CEO Sundar Pichai have personally “called and met with senators” urging them to oppose the proposed legislation, according to a report by News which quotes “several assistants of the Senate”. The legislation in … Read more

Amazon bets you’re tired of just buying clothes off Amazon

It is a physical clothing store. Like, you know, a real brick-and-mortar space where you go to try stuff, buy it, and take it home. An IRL store. Google if you’ve never been there. Amazon (AMZN) announced on Thursday that Amazon Style, its first clothing, footwear and accessories store, will open later this year in … Read more

Exports seen as growth driver, domestic market is weak

Exports will continue to drive the Chinese economy for the rest of the year as the domestic market remains sluggish, analysts said. Chinese leaders have signaled for many years that they want to move away from exports as the main source of growth and towards domestic consumption for sustainable economic growth, said Mattie Bekink, China … Read more

Amazon opening new apparel store, Amazon Style, with fitting rooms

The stores will offer women’s and men’s clothing, footwear and accessories from a mix of well-known and emerging brands at affordable prices. Amazon After shaking up physical retail, Amazon is opening a clothing store in the physical world. The first Amazon Style store, located in the Los Angeles suburb of Glendale, Calif., will open later … Read more

China LPR: PBOC keeps cutting critical lending rates to shore up its economy

The central bank also cut its five-year prime lending rate by five basis points to 4.6%, the first rate cut since April 2020. China’s prime lending rate is the rate at which commercial banks lend to their best customers, and it serves as a benchmark rate for other loans. The one-year term influences new loans … Read more