Beyond Meat Reports Stronger Demand As Pandemic Inspires Food Stockpiling

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Beyond Meat Reports Stronger Demand As Pandemic Inspires Food Stockpiling

Beyond Meat Inc. BYND 5.90% said consumers scooped up its alternative-meat products in the second quarter from retail stores amid coronavirus-inspired food stockpiling. The plant-based meat company reported revenue of $113.3 million for its second …
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Alabama Power to refund $100 million to customers

Alabama Power is returning $100 million in surplus fuel costs to customers this year, after a vote today by the Alabama Public Service Commission. Customers should expect to receive a credit on their October electric bill for about $25, the company said.
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Disney Loses Nearly $5 Billion as Pandemic Slams Theme Parks

Walt Disney Co. DIS 0.81% said it lost nearly $5 billion in its latest quarter as the majority of its business reeled amid global efforts to curb the spread of the coronavirus by shutting down public spaces. Crippled by sweeping social-distancing measures, the …
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Italy's TIM postpones decision over network stake sale at government request

MILAN (Reuters) – Telecom Italia (TIM) (TLIT.MI) has postponed to Aug. 31 a decision on the sale of a minority stake in its last-mile grid to U.S. investment firm KKR (KKR.N) on a government request to negotiate a deal with rival Open Fiber. FILE PHOTO: …
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Virgin Atlantic Airways seeks US Chapter 15 bankruptcy protection

WASHINGTON/LONDON (Reuters) – Virgin Atlantic Airways Ltd is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign debtor to shield assets in this country, according to a court filing on …
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