Chicken producer Perdue enters crowded plant-based meat market

Chicken producer Perdue enters crowded plant-based meat market
(Reuters) – Perdue Foods, one of America’s largest chicken producers, said it will sell frozen chicken nuggets mixed with cauliflower, chickpeas and plant protein to address a growing demand for products combining meat and vegetables. FILE PHOTO: Laborers clean a pile of dry chickpea outside a warehouse, along a wholesale market, in Karachi, Pakistan November 17, 2017. REUTERS/Akhtar Soomro/File Photo... Read More

Perdue Foods enters crowded plant-based alternative meat market

Perdue Foods enters crowded plant-based alternative meat market
(Reuters) – Perdue Foods, one of America’s largest chicken producers, said it will sell frozen chicken nuggets mixed with cauliflower, chickpeas and plant protein to address a growing demand for products combining meat and vegetables. FILE PHOTO: Laborers clean a pile of dry chickpea outside a warehouse, along a wholesale market, in Karachi, Pakistan November 17, 2017. REUTERS/Akhtar Soomro/File Photo... Read More

Take Five: The Fed and the rest

Take Five: The Fed and the rest
(Reuters) – 1/THE FIRST CUT… Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 5, 2019. REUTERS/Brendan McDermid With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically increased in the past month. Money market pricing became even more aggressive after Federal... Read More

China data, Gulf tensions see bond yields slip, stocks suffer

China data, Gulf tensions see bond yields slip, stocks suffer
LONDON (Reuters) – World stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows as Chinese data rekindled woes about the health of the global economy and fears of a new U.S.-Iran confrontation intensified. FILE PHOTO: A man is seen in front of an electronic board showing stock information on the... Read More

How an Obama Fed appointee is scuttling Wall Street’s bid to ease rules

How an Obama Fed appointee is scuttling Wall Street’s bid to ease rules
WASHINGTON (Reuters) – As a U.S. Federal Reserve governor, Lael Brainard gets only one vote on proposals that come before the central bank’s board. Over the past year, she has used it to combat the Trump administration’s efforts to ease rules for Wall Street. FILE PHOTO: Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of... Read More

Bond yields slip, stocks suffer on cooling China data

Bond yields slip, stocks suffer on cooling China data
LONDON (Reuters) – World stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows as Chinese data rekindled woes about the health of the global economy and fears of a new U.S.-Iran confrontation intensified. FILE PHOTO: A man is seen in front of an electronic board showing stock information on the... Read More

Over 600 U.S. companies urge Trump to resolve trade dispute with China: letter

Over 600 U.S. companies urge Trump to resolve trade dispute with China: letter
WASHINGTON (Reuters) – Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers. FILE PHOTO: U.S. President Donald Trump speaks at a fundraiser in Des Moines, Iowa, June 11, 2019. REUTERS/Kevin Lamarque This letter is the... Read More

U.S. healthcare stocks shielded from political pressures prove profitable

U.S. healthcare stocks shielded from political pressures prove profitable
NEW YORK (Reuters) – U.S. healthcare investors have found success this year buying stocks of companies whose products improve eyesight, treat pets and fix crooked teeth, all viewed as unlikely to fall victim to political and regulatory issues pressuring a wide swath of the sector. FILE PHOTO: The inside of a Walgreens-operated pharmacy is seen at a Cisco health clinic... Read More