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The competition among purveyors of plant-based protein is heating up the fast food industry with a frenzy that resembles the increasingly hot chicken sandwich wars. On Thursday, McDonald’s (MCD) announced its plan to test its first ever plant-based burger, the McPlant, it created with Beyond Meat (BYND) in a strategic three-year partnership. For now, however, the Sept. 29 launch is limited to 10 restaurants in the United Kingdom and Ireland. On October 13th, it will expand to 250 locations… Source link

Rebecca Minkoff just became the first major American designer to make her collection available via NFT. In a new tech-forward collaboration with Yahoo Ryot Lab, unveiled Friday, the project offers digital versions of the designer’s fall/holiday looks, along with immersive online and augmented reality experiences. More from WWD The partners took WWD through a tour of the experience, which is debuting alongside New York Fashion Week. Optimized for mobile and also available via desktop, the… Source link

This week’s “flash crash” that dragged bitcoin (BTC-USD) back below $50,000 — and sent other digital coins reeling in its wake — marred what should have been the momentous occasion of the first sovereign country on earth adopting a cryptocurrency as legal tender.  Despite the ugly price action, most of crypto’s true believers are still just that — even as some observers question bitcoin’s head-spinning volatility, and El Salvador’s decision to throw its weight behind it.  Michael… Source link

A California district judge struck a blow to one of Apple’s (AAPL) major revenue engines on Friday by ruling that the iPhone maker needs to give app developers the ability to offer alternative app payment options to consumers. Apple currently restricts developers to using its own Apple payment service, which automatically draws a 30% commission from the sale of apps. Developers including Spotify (SPOT) have complained of the commission for years, but the ruling by District Judge Yvonne… Source link

Now that Jamie Spears has formally moved to end his pop star daughter’s controversial 13-year conservatorship, it raises the question of when the arrangement will actually expire — and whether Britney Spears’ searing claims of abuse will be formally addressed.  At least for now, the conservatorship, which has received enormous public scrutiny since it was first set up over a decade ago, is still in effect.  Yet the elder Spears filed a motion this week, stating that Britney Spears’… Source link

Morgan Stanley’s Chief Investment Officer Mike Wilson says investors should always be positioned for a market correction of 10%, but warned that investors may not be ready for a harsher correction that could be coming soon. “You should always be expecting a 10% correction. If you’re investing in equities, you should be prepared for that at any time,” Wilson told Yahoo Finance on Friday. “A 20% correction, which is really more disruptive, where people might want to try and position… Source link

President Biden has clearly lost patience with vaccine resistors. “My message to unvaccinated Americans is this: What more is there to wait for?” Biden pleaded in a Sept. 9 television address. “Your refusal has cost all of us. So please do the right thing.” His tone was practically contemptuous, especially when referring to some red-state governors who are blocking masking efforts and other public-health measures. But Biden is worried, too, because the surge in the Delta coronavirus… Source link

Crypto crash: Here’s why billionaire John Paulson’s ‘worthless’ call might be right It feels as though cryptocurrency has been deemed a worthless fad since Bitcoin first emerged from the guts of an anonymous engineer’s computer rig back in 2009. While some of the criticism has come from the general public, who may not have a clear grasp on what cryptocurrencies are, how they work or why they possess any value whatsoever, some very clued-in financial minds have also questioned crypto’s… Source link

Yandex NV (YNDX) is around the top of the Internet Content & Information industry according to InvestorsObserver. YNDX received an overall rating of 53, which means that it scores higher than 53 percent of all stocks. Yandex NV also achieved a score of 81 in the Internet Content & Information industry, putting it above 81 percent of Internet Content & Information stocks. Internet Content & Information is ranked 117 out of the 148… Source link

Investors in popular FAANG stocks have enjoyed a great run over the last year (especially the past month) as a combination of super low interest rates from the Federal Reserve and high growth from the individual tech companies has made an easy bull case.  But with the Fed on the cusp of beginning a tapering of its pandemic-era bond buying program — which could push up rates from the rock bottom that risk-taking traders have loved —the FAANG trade could be nearing a pullback.  “I think… Source link