• Beyond Meat falls 20 percent amid surprise loss, McDonald’s confusion

    Beyond Meat falls 20 percent amid surprise loss, McDonald’s confusion

    Beyond Meat’s shares tanked more than 20 percent on Tuesday after the plant-based patty maker reported a surprise quarterly loss amid weakening sales, even as confusion persisted about its
  • McDonald’s to launch ‘McPlant’ burgers next year

    McDonald’s to launch ‘McPlant’ burgers next year

    McDonald’s said Monday it will begin testing a new plant burger next year called “McPlant.” The world’s biggest restaurant chain has “created a delicious burger that will be
  • Plant-based egg startup aims to see profit next year, maybe IPO

    Plant-based egg startup aims to see profit next year, maybe IPO

    As shoppers raise grocery spending due to the COVID-19 pandemic, plant-based egg startup JUST said it aims to turn an operating profit before the end of next year and then will consider an initial public offering. Expectations for an IPO of the company, officially called Eat Just, have been fueled by a boom in demand …
  • Impossible Foods will sell to consumers as plant-based meat market skyrockets

    Impossible Foods will sell to consumers as plant-based meat market skyrockets

    Impossible Foods said on Thursday it will sell plant-based meat burgers in the US directly to consumers through its own Web site, as demand for vegan alternatives surge amid rising beef prices due to the COVID-19 pandemic. The move is a part of Impossible Foods’ push to sell directly to consumers and expand its retail …
  • Impossible Foods, Beyond Meat see spike as coronavirus wreaks havoc on meat supply

    Impossible Foods, Beyond Meat see spike as coronavirus wreaks havoc on meat supply

    A shortage of beef and pork could be a plus for two of the largest makers of plant-based meat. Beyond Meat Inc. and privately-held Impossible Foods Inc. are likely benefactors in the wake of closures of major meat-packing plants hit by coronavirus outbreaks. The evidence was on vivid display Tuesday, after Beyond Meat reported fiscal …