Mighty Spark Foods, a Minneapolis maker of lean natural meats, links and blended patties, filled its corporate website for months with recipes and news about its executives and charitable work. Then came the Beyond Meat IPO. The Los Angeles-area maker of faux meat based on pea protein and other ingredients went public last month, and its stock price jumped more than any other IPO this year. An article then appeared on Mighty Spark’s website headlined, “The Truth About Lean Poultry Compared to ‘Faux Meat.’ ” It said that its patties have fewer calories, fewer carbs, less fat and less saturated fat than Beyond Meat’s. “I don’t think the average consumer understands that,” Nick Beste, Mighty Spark’s founder and chief executive, said in an interview. “I know my girlfriend doesn’t and I run this company.” Beyond Meat’s meteoric stock-market debut has shown there’s big money in alternative meats, … [Read more...] about As new market booms, which meat alternative will win out?
New marketing institute
By Jonathan Saul and Maiya Keidan LONDON (Reuters) - A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector. World economy worries and cost pressures are dampening prospects for a proper recovery in many segments of the shipping sector, which has struggled with tough markets for a decade. Meanwhile European banks, particularly German lenders, are trying to offload distressed and performing loans to the industry which attracts high capital requirements. The European Central Bank's banking supervisor has flagged troubled non-performing loans in 2019 as "a concern for a significant number of euro area institutions". In one of the first deals to have been concluded in recent weeks, finance sources said hedge and private equity firm Avenue Capital together with asset manager King Street Capital Management bought at least $100 million (£77 million) … [Read more...] about Hedge funds hunt for shipping debt in new market push
Updated 9:57 pm PST, Wednesday, January 16, 2019 Bank of Japan Gov. Haruhiko Kuroda delivers a speech at a symposium in Tokyo Thursday, Jan. 17, 2019. Kuroda warned of unforeseen risks in guiding economic policy as the country’s population declines. (Kyodo News via AP) less Bank of Japan Gov. Haruhiko Kuroda delivers a speech at a symposium in Tokyo Thursday, Jan. 17, 2019. Kuroda warned of unforeseen risks in guiding economic policy as the country’s population declines. (Kyodo ... more Photo: AP Photo: AP Image 1 of / 3 Caption Close Image 1 of 3 Bank of Japan Gov. Haruhiko Kuroda delivers a speech at a symposium in Tokyo Thursday, Jan. 17, 2019. Kuroda warned of unforeseen risks in guiding economic policy as the country’s population declines. (Kyodo News via … [Read more...] about BOJ warns Japan faces new risks as population shrinks
A housing secretary under former President Barack Obama, Castro launched his 2020 bid on Saturday in San Antonio, where he grew up and served as mayor. "Many of us have watched over the last 18 months and we wonder, how did we fall this far from the leadership that President Obama offered to what we have in the White House today," Castro said at his first stop in New Hampshire -- a meet-and-greet Tuesday night at Teatotaller, a tea house in Somersworth that bills itself as "an oasis of queer, hipster, tea, coffee, and pastry goodness." The owner, Emmett Soldati, promised to serve "im-peach-ment" bubble tea as soon as peaches are in season. His mom, Kathleen Soldati, asked Castro from the front row whether he would look to Gerald Ford's pardon of Richard Nixon after Watergate for guidance in how to deal with Trump.Castro's response suggested it's something he's considered."The next president is going to have to make probably going to have to make a decision like this … [Read more...] about No pardon for Trump and ‘no dumb wall,’ Julián Castro says in New Hampshire debut: ‘I represent the antidote’
Now more than ever, entrepreneurs need to think like diplomats. Stuart Holliday Published 8:00 am CST, Monday, January 14, 2019 Photo: Catherine Falls Commercial | Getty Images Photo: Catherine Falls Commercial | Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: Catherine Falls Commercial | Getty Images Entrepreneurship Is the New Engine of Global Collaboration 1 / 1 Back to Gallery Nations rely on creative thinkers that take action by designing innovative approaches to addressing societal needs. Entrepreneurs create new businesses, products and services that help spur economic growth and development while also providing employment opportunities, often where little … [Read more...] about Entrepreneurship Is the New Engine of Global Collaboration