Tag Archives: food

Uber Health (UBER), a subsidy of the popular ride-sharing app, has seen growing demand for services as it continues its foray into the $4 trillion health-care industry. Global Head of Uber Health Caitlin Donovan said there is especially growing interest in delivery services for specialized meals and medical devices. When it launched in 2018, it was primarily for patient ride services. “We’re thinking about how to choose the right partners to be able to do that at scale, because there is such a… Source link

Wolfgang Puck says the luxury dining industry is feeling the pinch of inflation. In a recent interview with Yahoo Finance, the world-renowned Chef and restaurateur, broke it down point-blank saying, “some of this thing has gotten out of control.” “The average cost now in our restaurants for food is up 15%, which is a lot,” adding that some other costs like equipment to prepare the food are also on the rise. “I bought the other day cutting boards, for example, for one restaurant I bought 12… Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Sept 14 (Reuters) – Russian tech giant Yandex (YNDX.O) on Wednesday said it had launched food delivery service Yandex Eats in Armenia, delivering on a promise to develop its… Source link

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Sept 14 (Reuters) – Russian tech giant Yandex (YNDX.O) on Wednesday said it had launched food delivery service Yandex Eats in Armenia, delivering on a promise to develop its e-commerce offering after selling some other business lines to rival VK (VKCOq.L). Yandex last month agreed to sell its news aggregator, content platform Zen and homepage yandex.ru to state-controlled VK… Source link

Beer and other concessions were free at Aviva Stadium at the Northwestern-Nebraska game in Dublin, Ireland, because all the credit card machines were down. And because the venue doesn’t accept cash and the machines can’t connect to Wi-Fi, workers at the game gave away as much as they could. How’s this for some Irish hospitality? The Omaha World-Herald, which was covering the event on-site, wrote that people were given “as many as he or she could carry in a cardboard drink carrier. One man… Source link

Extreme weather events, from droughts to floods, have inflated global food prices beyond the effects of the Russia-Ukraine war — and climate change will only continue to stress crop yields. “The climate is the No. 1 reason why food prices go up,” Sal Gilbertie, president and CEO of Teucrium Funds (CORN), told Yahoo Finance Live (video above). “It happens all the time. If you look at the last six or seven times that global grains have risen, all but one — and that would be the Ukraine war… Source link

Despite record-high inflation and soaring food prices, many Americans still seem to prefer dining out. According to a new survey from PopMenu, an Atlanta-based platform that helps restaurants streamline digital operations, 40% of monthly individual or family food budgets are spent on restaurants. “In the past, you wouldn’t go to restaurants to save money, but now everyone understands that [restaurants] are so much better at making meals, they get better deals on the ingredients, and they’re… Source link

U.S. consumer prices in June accelerated at the fastest annual pace since November 1981 — rising 9.1% year-over-year, up from May’s 40-year high of 8.6%. Soaring food prices contributed significantly to the surge with the category seeing increases of 1% over the month and 10.4% annually, the biggest 12-month increase since the period ending February 1981. Grocery prices rose 1% last month and 12.2% on a year-over-year basis with the prices of cereal, bread, and chicken seeing increases of… Source link

Now that we’re into the third quarter, we’re stating to see the pundits sound off on what the Q2 economic data will show – and some of them are openly saying that second quarter GDP will record a contraction. Coming on the heels of the 1.6% contraction in Q1, this will put the US in a technical recession. Along with rising inflation and the Fed’s turn to higher rates and monetary tightening, this adds up a darkening economic picture. But Jim Cramer, the well-known host of CNBC’s… Source link

As investors digest Kellogg’s (K) decision to split the food conglomerate into three separate companies, the next question on analysts’ minds is, “Who’s next?” The big food breakup “is already underway,” Bank of America analyst Bryan Spillane told Yahoo Finance, citing the divestures and acquisitions of consumer giants ranging from Kraft-Heinz (KHC) to General Mills (GIS). Just last week, Mondelēz (MDLZ) announced an agreement to acquire energy bar maker Clif Bar & Company in a deal worth… Source link