A DAO aiming to buy fast food restaurants and give its community a say in how they’re run has raised $5.4 million in a crypto-backed foray into the world of hospitality. The group – dubbed Frie...
Tag: Food
Caribbean Food Security Likely To Be Impacted By Russia-Ukraine Conflict
As Russia began its invasion of neighboring Ukraine on February 24th, the world watched— and reacted. On top of the deeply devastating human elements of war have been the unavoidable global political ...
Oil Is Surging. Why Oil Stocks Are Down.
Text size Oil prices are higher, but concerns about economic growth are weighing on oil stocks. Mario Tama/Getty Images Oil prices soared on Thursday after Russia invaded Ukraine. But oil stocks were ...
FriesDAO scoops up fast food franchises as part of its crypto governance experiment
A new proof of concept decentralized autonomous organization, or DAO, called FriesDAO wants to democratize access to the fast food industry. Cointelegraph spoke to FriesDAO advisors Brett Beller and B...
Ponzi scheme behind patriotic vodka, once featured on ‘Fox & Friends,’ scammed investors out of $900,000 to pay IRS and Amex bills, prosecutors say
A Connecticut businessman has pleaded guilty to operating an unpatriotic Ponzi scheme that pocketed $900,000 from investors looking to buy a pro-veteran vodka company. Brian Hughes, 57, of Madison, Co...
Customers ‘balking’ at produce prices, says food importer
There’s a big reason behind those inflated prices you see in the fresh produce section of the supermarket. Blame it on gasoline prices 40% higher than a year ago, along with a nationwide shortage of t...
Europe Looks Beyond Russia for Natural Gas. These Companies May Benefit.
The European Union will look to cuts it dependence on Russian natural gas. Andrey Rudakov/Bloomberg Text size It takes a brave investor to bet on the outcome of Vladimir Putin’s saber rattling around ...
What a Monster, Constellation Merger Might Mean and Why Coca-Cola Could Be Key
Text size Monster Beverage display, Indianapolis, IN, November, 2020. Jonathan Weiss/Dreamstime.com Monster Beverage stock climbed early Tuesday as investors weighed up a possible merger between the e...
What CEOs Are Saying: ‘We See Inflation Going Up Everywhere’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about inflation, pricing strategy and the pandemic. Coca-Cola Co. KO -1.78% Chief Executive James ...
Innovative Foods Are On The Rise. Can They Fix Our Food Systems?
Chemist checking reaction in tubes with plants Getty Images/iStockphoto There’s enormous excitement about innovative foods these days. A confluence of skyrocketing investments, consumer demand for hea...
Oil is the hottest sector, and Wall Street analysts see upside of up to 48% for favored stocks
Energy is the best-performing stock-market sector this year. Given today’s strong economic growth and inflation, many believe oil prices could remain at current levels for years or maybe even move hig...
In Naples, the fast food that embraces Shiba-Inu- The Cryptonomist
Shytoshi Kusama is a well-known developer of Shiba Inu and Shiba Inu Games with over seven hundred thousand followers on Twitter. A few days ago, he announced the integration of the SHIB ecosystem in ...
Why hedge-fund manager Doug Kass says his bearish case is now stronger and dip buyers should bide their time
For equity dip buyers still waiting in the wings, hedge-fund manager Doug Kass suggests holding fire for now as better bargains, and unfortunately worse times, are ahead. “It is my view that the odds ...
Aurora Cannabis stock gains after first beat on pot sales in more than a year
Aurora Cannabis Inc. shares gained in late trading Thursday, after the Canadian pot producer beat sales expectations for the first time in more than a year. Aurora ACB, -1.08% ACB, -1.02% reported a f...
Coca-Cola’s Earnings Top Estimates. Sales Rise on Higher Prices.
Text size Cocacola Dreamstime Coca-Cola stock was rising after the beverage giant reported earnings that surpassed analysts’ expectations. Coca-Cola (ticker: KO ) reported an adjusted quarterly profit...
Opinion: How to profit from your losses on those ‘Cathie Wood’ stocks
Americans have lost billions of dollars from their retirement funds in the past year as some of the most popular recent investments have come crashing down to earth. As our chart above shows, many of ...
Shiba Inu Partners with Welly’s Fast Food Chain
Since bitcoin saw a drop of around 45% since November 2022, investors have been in an standstill. However, this year in February, which has previously been a good year for bitcoin, came as a sigh of r...
Shiba Inu Partners With Italian Fast Food Restaurant to Launch a SHIB-Themed Joint
The team behind the popular memecoin has forayed into its first “real-world” venture by partnering with a small Italian fast-food brand called Welly’s. The duo promised healthy, not just fast food opt...
Opinion: ARK investors have lost $4 billion — ‘We believe we’re going to see the turn sooner rather than later,’ Cathie Wood says
Four billion dollars would provide for a lot of retirements. It would, for example, pay for about 80,000 of these popular recreational vehicles. Or about 40,000 of these popular boats. Or, more prosai...
Beyond Meat Stock Falls on Larger Loss, Downbeat Forecast
Text size Beyond Meat’s revenue from U.S. retail sales declined. Drew Angerer/Getty Images Beyond Meat issued a disappointing sales forecast as it reported weaker fourth-quarter results than exp...