McDonald's facing $10 billion lawsuit filed by Byron Allen’s company for alleged discrimination
May 21, 2021 07:41 am UTC| Business Economy
McDonalds has been sued for $10 billion by companies owned by Byron Allen, a media magnate. The fast-food giant was brought to the court for allegedly being biased against Black-owned media. Fox Business reported that...
Blue Diamond to pay $2.6 million for misleading use of the word 'vanilla'
May 20, 2021 19:29 pm UTC| Economy Law
Blue Diamond Growers will pay $2.6 million to settle a class-action lawsuit for its allegedly misleading use of the word vanilla to describe the flavor of its Almond Breeze yogurt. Seven consumers in New York state file...
SK Innovation to form JV with Chinese firms for manufacturing EV battery material
May 20, 2021 17:07 pm UTC| Economy
SK Innovation Co has agreed to form a joint venture with Chinese firms EVE Energy, a battery maker, and BTR, a battery material producer, to build a cathode manufacturing factory in China. The cathode is a key material...
Nestle unveils vegan jumbo hot dogs, reformulated plant-based burger
May 20, 2021 14:45 pm UTC| Economy Business
Nestlé-owned Sweet Earth Foods has included Vegan Jumbo Hot Dogs made of a pea and potato protein base in its portfolio and reformulated its Awesome Burger, to provide a beefier texture and a more authentic burger...
Japanese paper firm sets sights on developing a wood-based alternative to EV batteries
May 20, 2021 10:12 am UTC| Economy
Nippon Paper Industries Co. is developing supercapacitors made of cellulose nanofibers as a successor to lithium-ion batteries for electric cars. The material is produced by refining wood pulp and found in products like...
Burger King to roll out new chicken sandwich on June 3
May 20, 2021 09:39 am UTC| Business Economy
Burger King is set to launch its new chicken sandwich next month, and it was reported that this will also make the restaurant join in the chicken wars. It will be competing with major players that include KFC, McDonalds,...
Wendy’s: Delight Restaurant Group buys 44 of the burger joint's outlets in the US
May 20, 2021 08:31 am UTC| Business Economy
Wendys restaurants in New York and Long Island were acquired by Delight Restaurant Group. A total of 44 stores were purchased by the restaurant firm from The Wendys Company. DRGs plans for its Wendys deal It was...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight