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FBX Report: August 16, 2023
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My Drinks Company Folded. But That Doesn’t Make It a Failure.
After launching and then closing Proteau just three years after it hit the market, John deBary has come to realize that sales aren’t the only way to measure success Recently I’ve been thinking a lot about failure. At the end…
Take My Credit Card, Please
Ugh Shutterstock QR code menus may have become unavoidable, but don’t make me pay the bill with one, too I’m still not happy about the QR code menu being here to stay. I’ve largely made my peace with it, though I do feel…
Bearish outlook pushes wheat futures to two-month low
Farmers Weekly UK feed wheat futures fell to a two-month low of £186/t on 15 August for the November contract, after some fairly bearish forecasting from the US Department of Agriculture (USDA) and larger crop estimates in…
Arrests in Alexander Inglis & Son grain business probe
Farmers Weekly Four people have been arrested in relation to the collapse in 2021 of Scottish grain merchant Alexander Inglis & Son. A Police Scotland spokesman said: “Three men aged 48, 49 and 75 years, and a…
Auto Parts Maker Shinhwa Plans Expansion at Alabama Facility
MONTGOMERY, Ala. — An auto parts supplier plans a $114 million investment to expand its facility in Alabama to support the production of electric vehicle parts, Gov. Kay Ivey’s office announced Aug. 15.
Global Dairy Trade drops 7.4% due to weak wholesale demand
Farmers Weekly Wholesale dairy values dropped for the fourth consecutive time at the latest fortnightly Global Dairy Trade (GDT) on 15 August. The GDT price index fell by 7.4% to average $2,875 (£2,252), with prices down for…
UAW to Vote on Strike Authorization Next Week
DETROIT — About 146,000 members of the United Auto Workers union will vote next week whether to authorize their leaders to call strikes against the Detroit automakers.
Target Sales Ebb on Inflation, Pride Month Shopper Backlash
NEW YORK — Target’s second-quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise.
Eater Expands Into The Kitchen with a New Collection of Stainless Steel Cookware In Partnership with Heritage Steel
After nearly 20 years as the go-to resource for food and dining obsessives, Eater knows what works in the kitchen. Vox Media’s award-winning editorial brand today announced it’s partnering with family-owned, American-made…
