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An Uber Eats executive reveals the company’s surprising strategy for moving beyond taxi rides

“In France, for example, more than half of Uber Eats orders take place outside of Paris, the company said” writes Graham Rapier for businessinsider.com. Uber Eats could help the company plug the $370 million hole in its balance sheet from 2018.That’s the exact market Uber wants to corner with its food delivery business as the ride-hailing giant continues its quest for global domination. Source: businessinsider.com

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The toxic truth about modern food

“But there is nothing middle-class about the desire to eat food that brings us both health and happiness” writes Bee Wilson for theguardian.com. Like so many other foods, grapes have become a piece of engineering designed to please modern eaters.One of the food myths Imamura refers to is the notion that there is such a thing as a perfectly healthy diet.No one likes to feel judged about their food choices, which is one of the reasons why so many healthy eating initiatives fail.A smart and effective food policy would seek…

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Markets News Stocks 

Dollar General is adding fresh food and market share, but margins suffer

“Dollar General Corp. is adding more food to its assortment and snapping up market share, but profit-margin pressure demonstrates the impact the push is having” writes Tonya Garcia for marketwatch.com. Dollar General stock has gained 3.3% for the year to date, while the S&P 500 index SPX, -0.09%   has rallied 12.1% for the period.Dollar General DG, -7.49%   stock closed down 7.5% in Thursday trading after the discount retailer reported fourth-quarter earnings per share of $1.84, below the $1.89 FactSet consensus.And the company introduced two new initiatives: DG Fresh,…

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Butterball, Kroger, and Food Lion are recalling 39 tons of ground turkey that might be infected with Salmonella

“US retail giants Butterball, Kroger, and Food Lion have recalled 39 tons (35,500 kilograms) of ground turkey due to potential Salmonella contamination” writes Bill Bostock for businessinsider.com. Ground turkey.The ground turkey mince products were packaged on July 7, 2018 and may be infected with Salmonella Schwarzengrund.The Kroger ground turkey product affected by the recall. Source: businessinsider.com

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Junk food giants must stop marketing to children – or see their ads banned entirely, says health chief 

“Junk food firms must stop marketing their products to children – or face a total advertising ban, health chiefs have said” writes Laura Donnelly for telegraph.co.uk. The World Health Organisation (WHO) said food giants are exploiting loopholes in regulations to bombard children with adverts on YouTube and Facebook.And one of Public Health England’s advisers called for the rules to be redrawn – with advertisements for fatty and sugary foods banned entirely if children were found to be being exposed to them.A new report by the WHO today warns that watchdogs…

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GBP News 

Business warns of ‘sledgehammer’ to economy from no-deal Brexit tariff plans

“Business, unions and farmers have responded with dismay to Government plans for changes to tariffs on imported goods if the UK leaves the EU without a Brexit deal” reports aol.co.uk. The CBI said the new rates would hit the UK economy like a “sledgehammer”, while unions warned that zero tariffs on steel would “destroy” jobs.Under the Government’s plans, tariffs will be slapped for the first time on a range of EU imports, including cars and food products like beef, chicken, lamb, pork, butter and “Cheddar-like” cheese.The Government’s approach would not…

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Americans feel guilty about almost a third of the food they eat

“Nearly a third of all food Americans eat makes them feel guilty, according to new research” writes Max Knoblauch for nypost.com. In fact, 30 percent of all meals are decided based on the food that will make Americans feel less guilty.The new study found that Americans, increasingly aware of healthier and more natural alternatives, feel guilt about 29 percent of the food they eat on average.This ‘food guilt’ over eating choices and habits strikes approximately five separate times a week. Source: nypost.com

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Parents storm primary school in rotten food row

“Hundreds of parents have stormed a primary school in south-western China after learning their children were being fed rotten food, clashing with riot police and refusing to leave” writes Lily Kuo for theguardian.com. A doctor who inspected one student said the child appeared to have been eating rotten food for a prolonged period of time, according to one parent’s social media post.Some parents discovered supplies of frozen meat and produce growing mould and posted about them online. Source: theguardian.com

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Roasted corn – and machine learning in a food truck

“While the corn roaster is a first run concept, the food truck is a state-of-the-art restaurant on wheels that took two years to design and manufacture” reports capitolhillseattle.com. His food truck holds down what seems like prime territory — the pot purchasing and stoner friendly parking lot at the Central District’s Uncle Ike’s.Moises Santos is a 24-year-old programmer, food truck designer, and immigrant from Oaxaca, Mexico. Source: capitolhillseattle.com

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CEOs, investors, and entrepreneurs are among those named in the college admissions cheating scandal — here are the 22 business leaders who’ve been charged by the FBI

“Robert A. Flaxman: co-founder, CEO, and president of Crown Realty & Development Inc., which is headquartered in Costa Mesa, California. 9” writes Katie Warren for businessinsider.com. Robert Zangrillo: founder, chairman, and CEO of Dragon Global, a private investment company focused on venture capital and real estate investments.CEOs and executives in finance, real estate, and other industries are among the dozens indicted by the FBI in an alleged scheme to get students into elite colleges.John Wilson: founder and CEO of a private equity and real estate development firm. 22.Gamal Abdelaziz: former…

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