After years of phenomenal growth, Beyond Meat has recorded declining annual sales since 2022. It has never turned an annual profit.
Read More Boom to bust: Beyond Meat struggles to stay relevant
Tag: Investors
Nestle to cut 16,000 jobs as new CEO ignites ‘turnaround fire’
Nestle will cut 16,000 jobs as the world’s largest packaged food company seeks to cut costs and win back investor confidence.
Read More Nestle to cut 16,000 jobs as new CEO ignites ‘turnaround fire’
UnitedHealth Group CEO Resigns Abruptly, Fmr Chief Returns Amid ‘Leadership Shakeup’
UnitedHealth Group Inc. CEO Andrew Witty is stepping down from his role, effective immediately, citing “personal reasons” — according to a company announcement that was made on Tuesday.
Read More UnitedHealth Group CEO Resigns Abruptly, Fmr Chief Returns Amid ‘Leadership Shakeup’
Hedge Fund Manager Bill Ackman: Trump’s 90-Day Tariff Pause Was ‘Brilliantly Executed’
President Donald Trump’s surprise decision to impose a 90-day halt on reciprocal tariffs against foreign trading partners, excluding China, was hailed by billionaire hedge fund investor Bill Ackman on Wednesday.
Read More Hedge Fund Manager Bill Ackman: Trump’s 90-Day Tariff Pause Was ‘Brilliantly Executed’
L.A. Man Found Guilty Of Scamming Over $20M From Investors, Hollywood Stars
A man from Malibu has been convicted after scamming over $20 million from investors and Hollywood stars.
Read More L.A. Man Found Guilty Of Scamming Over $20M From Investors, Hollywood Stars
Trump Brushes Off China’s Tariff Retaliation, Asserts His Policies Won’t Change
President Donald Trump stood by his “Liberation Day” reciprocal tariff package on Friday, telling investors that his “policies will never change,” after China attempted to retaliate with a 34% tariff on U.S. goods.
Read More Trump Brushes Off China’s Tariff Retaliation, Asserts His Policies Won’t Change