Welcome to Food Week March 20. True maple syrup, false claims about environmental commitments, restaurant tech innovation and failure, animal rights activists criming their way to jury verdicts, more on gas stoves and Ozempic face. All this and other stuff. Enjoy!
Is inflation cooling more rapidly than the headlines show?
So far, the banks that have failed been fairly specialized and small. But it gives regulators pause. As a result, many investors getting out of financial stocks and investors are moving to cash.
But at least the ‘city killer’ asteroid is going to miss us.
RETAIL AND CONSUMER
Walmart to lay off hundreds of employees in e-commerce. This is just a few weeks after they bragged that the e-commerce would be their biggest profit driver soon.
The pre-made cocktail is here to stay, boosted by drinking patterns developed during the pandemic.