Habit Burger Grill plans to offer Impossible plant-based patty

Habit Burger Grill plans to offer Impossible plant-based patty
NEW YORK (Reuters) – The Habit Restaurants Inc (HABT.O), known as the Habit Burger Grill, plans to put a plant-based meat patty from Impossible Foods Inc on its menu in the second half of this year as a limited-time offering. FILE PHOTO: Employees work at the Impossible Foods headquarters in Silicon Valley, in San Francisco, California, U.S., December 19, 2019.... Read More

Nestle teams up with Canadian plant-based ingredient makers

Nestle teams up with Canadian plant-based ingredient makers
WINNIPEG, Manitoba/ZURICH (Reuters) – Food group Nestle SA (NESN.S) said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon (BU.TO) and Merit Functional Foods, the second such supply agreement this month that targets Canadian crops. FILE PHOTO: A logo is pictured during the 152nd Annual General Meeting of Nestle in Lausanne, Switzerland April 11, 2019.... Read More

Nestle teams up with Canadian plant-based ingredients makers

Nestle teams up with Canadian plant-based ingredients makers
FILE PHOTO: A logo is pictured during the 152nd Annual General Meeting of Nestle in Lausanne, Switzerland April 11, 2019. REUTERS/Denis Balibouse ZURICH (Reuters) – Food group Nestle (NESN.S) has teamed up with Canadian plant-based food ingredient makers Burcon (BU.TO) and Merit to speed up innovation in the fast-growing business segment, it said on Friday. The collaboration will allow Nestle,... Read More

Blues health insurers put up $55 million to take on generic drug makers

Blues health insurers put up $55 million to take on generic drug makers
NEW YORK (Reuters) – A group of Blue Cross Blue Shield insurers is investing $55 million in a venture that aims to offer cheaper prices to their members on generic drugs that currently have little or no competition, the companies said on Thursday. FILE PHOTO: Pharmaceutical tablets and capsules are arranged in the shape of a U.S. dollar sign on... Read More

U.S. weekly jobless claims rise modestly; labor market tight

U.S. weekly jobless claims rise modestly; labor market tight
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continues to tighten even as job growth is slowing. FILE PHOTO: People wait in line to attend TechFair LA, a technology job fair, in Los Angeles, California, U.S., January 26, 2017. REUTERS/Lucy Nicholson Labor market strength is underpinning consumer... Read More

Britain’s Morrisons axes 3,000 management jobs in stores shake-up

Britain’s Morrisons axes 3,000 management jobs in stores shake-up
LONDON (Reuters) – British supermarket group Morrisons (MRW.L) plans to cut 3,000 management jobs as part of a workforce restructuring that will create 7,000 frontline jobs in its stores, it said on Thursday. FILE PHOTO: Shopping trolleys are parked at a Morrisons supermarket in south London, Britain, August 19, 2016. REUTERS/Peter Nicholls/File Photo All of the company’s 492 UK stores... Read More

Blues health insurers fund U.S. non-profit’s generic drug expansion

Blues health insurers fund U.S. non-profit’s generic drug expansion
NEW YORK (Reuters) – A group of Blue Cross Blue Shield insurers is investing $55 million in a new venture with a non-profit generic drug manufacturer to try to offer cheaper prices on pharmacy drugs to their members, the companies said on Thursday. FILE PHOTO: Pharmaceutical tablets and capsules are arranged in the shape of a U.S. dollar sign on... Read More

UK’s Morrisons to cut 3,000 management jobs

UK’s Morrisons to cut 3,000 management jobs
FILE PHOTO: Shopping trolleys are parked at a Morrisons supermarket in south London, Britain, August 19, 2016. REUTERS/Peter Nicholls/File Photo LONDON (Reuters) – Morrisons (MRW.L), Britain’s No. 4 supermarket group, plans to cut 3,000 management jobs as part of a major restructuring of its workforce that will see 7,000 store jobs created, it said on Thursday. “The (net) increase of... Read More

Sainsbury’s turns to retail boss as CEO checks out

Sainsbury’s turns to retail boss as CEO checks out
LONDON (Reuters) – Sainsbury’s (SBRY.L) has picked retail and operations director Simon Roberts to succeed CEO Mike Coupe, the architect of the British supermarket group’s failed bid for rival Asda who will step down in May after six years at the helm. FILE PHOTO: Mike Coupe, the CEO of Sainsbury’s leaves 10 Downing Street in London, Britain June 7, 2018.... Read More

Boeing eyes developing Israeli technology for light aircraft

Boeing eyes developing Israeli technology for light aircraft
FILE PHOTO: Visitors talk on the Boeing stand during the European Business Aviation Convention & Exhibition (EBACE) at Cointrin Airport in Geneva, Switzerland May 21, 2019. REUTERS/Denis Balibouse TEL AVIV (Reuters) – Boeing Co (BA.N) said on Wednesday it has agreed with Israel-based Tactical Robotics to explore development of a ducted fan propulsion technology with potential uses for piloted and... Read More