Food and drink

Sod Tatong | Moment | Getty ImagesScammers are exploiting a nationwide baby formula shortage, tricking consumers into paying hefty prices through fraudulent online stores, the Federal Trade Commission said Wednesday.The con artists lure "desperate parents and caregivers" via fake websites or social media profiles with images and logos of recognizable formula brands, according to a consumer alert. Consumers think they're purchasing from a company's official website but formula never arrives, the FTC said."Scammers…

More than four in five people in the U.K. are worried about rising living costs and their ability to afford basics necessities like food and energy over the coming months, according to a new survey.Tolga Akmen | Afp | Getty ImagesLONDON — A quarter of Britons have resorted to skipping meals as inflationary pressures and a worsening food crisis conflate in what the Bank of England recently dubbed an "apocalyptic" outlook for consumers.More than four in five people in the U.K. are worried about rising living costs and their…

At Bathtub Gin, a reinvented speakeasy in lower Manhattan, patrons may be pining for the past but they are drinking a vodka specifically invented for a cleaner future. Air Vodka is made in part from greenhouse gas emissions – specifically, captured carbon dioxide.It is just one of a bevy of new products designed to make use of CO2 emissions that can be captured from various types of industry."We work with partners that capture that carbon dioxide before it's emitted into the atmosphere, and then we use that CO2 in our…

In this photo illustration Oatly oat milk is shown on May 20, 2021 in Chicago, Illinois.Scott Olson | Getty ImagesWall Street appears to be souring on plant-based substitutes.Shares of Beyond Meat and Oatly have shed more than half their value this year. The stocks are both high-profile and relative recent entrants to public markets, prone to big jumps and sharp declines in value, volatility that's only been exacerbated by broader market swings and pressure from short sellers.Beyond Meat trades 87% below its all-time…

Uber will cut back on spending and focus on becoming a leaner business to address a "seismic shift" in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC."After earnings, I spent several days meeting investors in New York and Boston," Khosrowshahi said in the email, which was sent out late Sunday. "It's clear that the market is experiencing a seismic shift and we need to react accordingly."Tech stocks have plunged sharply from the highs of the coronavirus pandemic, as investors fret over…

According to Unilever, the industry standard for freezer temperatures in many markets stands at minus 18 degrees Celsius (around 0 degrees Fahrenheit). The temperature of freezers in the trials will be minus 12 degrees Celsius.Chris Ratcliffe | Bloomberg | Getty ImagesUnilever — which owns brands including Ben & Jerry's, Magnum and Wall's — is set to trial increasing the temperature of its ice cream freezers in a bid to lower energy use.The consumer goods giant said the move could cut energy use and greenhouse gas…

Starbucks workers react as they speak to the media after union vote in Buffalo, New York, December 9, 2021.Lindsay DeDario | ReutersThe regional director of the National Labor Relations Board in Buffalo, N.Y., issued a complaint Friday accusing Starbucks of 29 unfair labor practice charges that included over 200 violations of the National Labor Relations Act.The complaint stems from claims made by Starbucks Workers United against the company in Buffalo, where the union organizing effort began in August.In the complaint,…