Meat-substitute company more than triples sales from the same quarter a year ago and produces $4.1 million in GAAP profit Beyond Meat Inc. shares fell in after-hours trading Monday despite an earnings report that showed the company’s first quarterly profit in history. The meat-substitute company reported a third-quarter profit of $4.1 million, or 6 cents a share, on sales of $92 million, up from a loss of $9.3 million on revenue of $26.3 million in the same quarter a year ago. The analyst consensus called for profit of 4 cents a share on sales of $82.2 million, according to FactSet. The...…Meat-substitute company more than triples sales from the same quarter a year ago and produces $4.1 million in GAAP profit Beyond Meat Inc. shares fell in after-hours trading Monday despite an earnings report that showed the company’s first quarterly profit in history. The meat-substitute company reported a third-quarter profit of $4.1 million, or 6 cents a share, on sales of $92 million, up from a loss of $9.3 million on revenue of $26.3 million in the same quarter a year ago. The analyst consensus called for profit of 4 cents a share on sales of $82.2 million, according to FactSet. The...WW…

With the nation’s student-debt load at $1.5 trillion and growing, presidential candidates, higher education leaders, borrower advocates are looking for ways to slow its climb. Amid this backdrop, an idea first proposed in the 1950s is being hailed by industry, philanthropists and some higher-education leaders as a partial solution to our student-loan problem. But to consumer advocates and even U.S. Senator and Democratic presidential candidate Elizabeth Warren, this same idea runs the risk of discriminating against women and students of color, and tying students to a financial product...…With the nation’s student-debt load at $1.5 trillion and growing, presidential candidates, higher education leaders, borrower advocates are looking for ways to slow its climb. Amid this backdrop, an idea first proposed in the 1950s is being hailed by industry, philanthropists and some higher-education leaders as a partial solution to our student-loan problem. But to consumer advocates and even U.S. Senator and Democratic presidential candidate Elizabeth Warren, this same idea runs the risk of discriminating against women and students of color, and tying students to a financial product...WW…

ShareAMC is the first cinema chain to launch a streaming service, adding to a wave of new competition from Disney, Apple and othersIn the latest blow to Netflix Inc., AMC Theatres, the biggest cinema chain in the world, said Tuesday it is launching a streaming service that will allow members of its loyalty program to rent or buy films and watch them at home, the first such offering from a cinema operator. The 20 million-plus U.S. households that have signed up to the company’s AMC Stubs program will be able to access about 2,000 films from every major studio, starting Tuesday. Later in the...…ShareAMC is the first cinema chain to launch a streaming service, adding to a wave of new competition from Disney, Apple and othersIn the latest blow to Netflix Inc., AMC Theatres, the biggest cinema chain in the world, said Tuesday it is launching a streaming service that will allow members of its loyalty program to rent or buy films and watch them at home, the first such offering from a cinema operator. The 20 million-plus U.S. households that have signed up to the company’s AMC Stubs program will be able to access about 2,000 films from every major studio, starting Tuesday. Later in the...WW…

The Annals of Internal Medicine published a report contradicting decades of growing consensus about the health risks of red meat. Editor’s Note Jan. 7, 2020: In January, the Annals of Internal Medicine corrected the Oct. 2019 study on red meat referenced in this story to explain that the study’s lead author had received funding for separate research from AgriLife Research, an agency within Texas A&M University that is funded in part by the beef industry, the Washington Post reported. Put down the T-bone and slowly back away from that side order of ribs. Nutritionists across the country...…The Annals of Internal Medicine published a report contradicting decades of growing consensus about the health risks of red meat. Editor’s Note Jan. 7, 2020: In January, the Annals of Internal Medicine corrected the Oct. 2019 study on red meat referenced in this story to explain that the study’s lead author had received funding for separate research from AgriLife Research, an agency within Texas A&M University that is funded in part by the beef industry, the Washington Post reported. Put down the T-bone and slowly back away from that side order of ribs. Nutritionists across the country...WW…

The acquisition is sure to gain attention of Congress after members met last week with Zuckerberg to discuss data-privacy practices facebook Inc. said late Monday it agreed to buy a startup that would let people control computers with their brains – a long-held ambition by Chief Executive Mark Zuckerberg. The proposed acquisition of CTRL-Labs, a 4-year-old company developing software and a bracelet that measures neuron activity in a subject’s arm, is believed to be between $500 million and $1 billion, according to published reports. Facebook declined to comment on the price of the...…The acquisition is sure to gain attention of Congress after members met last week with Zuckerberg to discuss data-privacy practices facebook Inc. said late Monday it agreed to buy a startup that would let people control computers with their brains – a long-held ambition by Chief Executive Mark Zuckerberg. The proposed acquisition of CTRL-Labs, a 4-year-old company developing software and a bracelet that measures neuron activity in a subject’s arm, is believed to be between $500 million and $1 billion, according to published reports. Facebook declined to comment on the price of the...WW…

U.S. & Canada‘When you do things like buybacks and dividends, what you are essentially saying is, you are throwing your hands up in the air and declaring to the world: “I do not know what to do with this money.”’Chamath Palihapitiya, chief executive of venture-capital firm Social Capital LP, argued during an interview on CNBC’s “Fast Money Halftime Report” Wednesday that stock repurchases by corporations are a bad use of funds and have left companies vulnerable to this current COVID-19 crisis.The wealthy, outspoken investor said that the companies that make up the S&P 500have expended some...…U.S. & Canada‘When you do things like buybacks and dividends, what you are essentially saying is, you are throwing your hands up in the air and declaring to the world: “I do not know what to do with this money.”’Chamath Palihapitiya, chief executive of venture-capital firm Social Capital LP, argued during an interview on CNBC’s “Fast Money Halftime Report” Wednesday that stock repurchases by corporations are a bad use of funds and have left companies vulnerable to this current COVID-19 crisis.The wealthy, outspoken investor said that the companies that make up the S&P 500have expended some...WW…

President Donald Trump said Monday night he will temporarily suspend all immigration into the U.S. because of the coronavirus pandemic. "In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens, I will be signing an Executive Order to temporarily suspend immigration into the United States!" . It was not immediately clear how the policy would be carried out, and such an order is likely to face legal challenges.President Trump said during Saturday’s White House press briefing that he “received a nice note” from North Korean leader...…President Donald Trump said Monday night he will temporarily suspend all immigration into the U.S. because of the coronavirus pandemic. "In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens, I will be signing an Executive Order to temporarily suspend immigration into the United States!" . It was not immediately clear how the policy would be carried out, and such an order is likely to face legal challenges.President Trump said during Saturday’s White House press briefing that he “received a nice note” from North Korean leader...WW…

A group of six states will start work "immediately" on designing a plan to reopen their economies amid the coronavirus pandemic, New York Gov. Andrew Cuomo said Monday. Cuomo, a Democrat, said the states will name public health and economic officials who will form a regional working group to design the plan. In addition to New York, the states are Connecticut, Delaware, New Jersey, Pennsylvania and Rhode Island. Earlier Monday, .Johnson & Johnson is, in many ways, the benchmark company for the performance of publicly traded, health-care companies.…A group of six states will start work "immediately" on designing a plan to reopen their economies amid the coronavirus pandemic, New York Gov. Andrew Cuomo said Monday. Cuomo, a Democrat, said the states will name public health and economic officials who will form a regional working group to design the plan. In addition to New York, the states are Connecticut, Delaware, New Jersey, Pennsylvania and Rhode Island. Earlier Monday, .Johnson & Johnson is, in many ways, the benchmark company for the performance of publicly traded, health-care companies.WW…

Why is “Usama bin Laden” suddenly trending on Twitter?Well, that would be because : “Usama bin Laden wanted to kill Obama so ‘totally unprepared’ Biden would be president, declassified docs show.”Breaking news that clearly is not. Those documents, as Fox News pointed out, came to light way back in 2012 which reported it like this:“The reason for concentrating on them,” the al-Qaeda leader explained to his top lieutenant, “is that Obama is the head of infidelity and killing him automatically will make Biden take over the presidency... Biden is totally unprepared for that post, which will...…Why is “Usama bin Laden” suddenly trending on Twitter?Well, that would be because : “Usama bin Laden wanted to kill Obama so ‘totally unprepared’ Biden would be president, declassified docs show.”Breaking news that clearly is not. Those documents, as Fox News pointed out, came to light way back in 2012 which reported it like this:“The reason for concentrating on them,” the al-Qaeda leader explained to his top lieutenant, “is that Obama is the head of infidelity and killing him automatically will make Biden take over the presidency... Biden is totally unprepared for that post, which will...WW…

U.S. stock index futures slipped on Sunday night following the Dow Jones Industrial Average’s best two-week stretch since the summer of 1938. Dow Jones Industrial Average futures are down about 200 points, or 0.8%, while S&P 500 and Nasdaq 100 futures implied losses of 0.7% and 0.6%, respectively. Each index is up at least 15% in the past two weeks. Stocks...…U.S. stock index futures slipped on Sunday night following the Dow Jones Industrial Average’s best two-week stretch since the summer of 1938. Dow Jones Industrial Average futures are down about 200 points, or 0.8%, while S&P 500 and Nasdaq 100 futures implied losses of 0.7% and 0.6%, respectively. Each index is up at least 15% in the past two weeks. Stocks...WW…