Category: Business

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Is Bio-Designed Collagen the Next Step in Animal Protein Replacement?

One company believes the possibilities go beyond vegan “meat,” from faux leather to luxury skin-care products. But is there enough demand outside of food alternatives?  » mehr lesen

Neon, Film Distributor of Indie Darlings Like ‘Parasite,’ Ponders Sale

It has tapped the investment bank Raine to assess its options, on the heels of a megadeal for another independent distributor, A24.  » mehr lesen

Starbucks Reports Record Revenue, Driven Mostly by Gen Z’s Love of Iced Drinks

The largest coffee chain in the world said it saw no signs that consumers were giving up their nitro cold brews or iced espressos, despite higher prices.  » mehr lesen

Robinhood Lays Off 23 Percent of Its Staff, Blaming Crypto Meltdown

The trading app that helped drive the meme stock frenzy announced staff cuts for the second time this year.  » mehr lesen

Stephen King Testifies in Penguin Random House Merger Trial

“Consolidation is bad for competition,” Mr. King said in the trial that will determine whether Penguin Random House may acquire Simon & Schuster.  » mehr lesen

Doing the Math on the Inflation Reduction Act

The bill involves at least $260 billion in spending over 10 years, with a focus on energy and climate, but it would raise taxes by more than that, a congressional analysis found....

The Crypto Market Crashed. They’re Still Buying Bitcoin.

Hard-core Bitcoin evangelists are making the case that Bitcoin differs from the unstable crypto projects that sent the market into a tailspin.  » mehr lesen

A Fed Pivot? Not Yet, Policymakers Suggest, as Rapid Inflation Lingers.

Stocks rose after the Federal Reserve’s recent meeting, with investors hoping the central bank would dial back rate increases. Not so soon, officials indicated on Tuesday.  » mehr lesen

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