food

Jane Zhang / Bloomberg: Meituan reports Q4 revenue up 23% YoY to ~$10.2B and a net income of ~$308.4M, both above estimates, as the food delivery giant plans international expansion — The company reported sales of 73.7 billion yuan ($10.2 billion) in the December quarter, versus the 72.7 billion yuan average projection. Jane Zhang / Bloomberg: Meituan reports Q4 revenue up 23% YoY to ~$10.2B and a net income of ~$308.4M, both above estimates, as the food delivery giant plans international…

ADVERTISEMENT Food waste on campuses is a huge problem. The National Resource Defense Council (NRDC) reported in 2022 that they produce 22 million pounds of food waste every year. Most often, there’s just too much food, so colleges and universities are coming up with programs to reduce the amount of waste. The same thing was happening at this person’s university, but he came up with a plan to use his uneaten meals for a good cause. The user u/RotomRoomba shared a story about how he tricked the system at a fancy…

The Head of the United State Embassy in Nigeria, David Greene, says the United States’ government has for over five years invested about $200 million in food security in Nigeria through its international development agency. The official made the disclosure Thursday while delivering his remarks during the launch of the US government’s Global Food Security Strategy Country Plan for Nigeria in Abuja. “USAID invested almost $200 million in agriculture over the last five years to improve food security and build…

Samsung previewed the Galaxy Ring at MWC 2024 but told us little about what exactly it will do. Today we learn about one of its killer features - meal planning. According to Korean sources, the Samsung Mobile eXperience division (MX) and the Home Appliance department are working together to link Samsung Food with the Galaxy Ring. This means that Samsung wants to provide meals and diet suggestions using the smart ring. Galaxy Ring will monitor your activity during the day, and then Samsung Food, linked to a smart…

61 Unexpected ‘Forever Chemicals’ Found in Food PackagingA global study identified 61 PFAS chemicals in food packaging that are not authorized for use in such productsBy Katherine BourzacPFASs can be found in various food packaging, ranging from coated paper wrappers to plastic containers. Credit: Erlon Silva - TRI Digital/Getty ImagesFood packaging from around the world contains at least 68 “forever chemicals” that can seep into what we eat, a new study finds. And 61 of them are not even supposed to be used in such…

FAPRI-MU Report #01-24 presents a summary of 10-year baseline projections for U.S. agricultural markets, farm program spending, farm income and a variety of other indicators. Credit: Abbie Lankitus/University of Missouri Farm commodity prices have tumbled from the peak levels they rose to during spring 2022—and new projections suggest that downward pressure on prices could continue throughout 2024 and beyond.…

In the future, the ideal time to eat a burger won’t be when you’re hungry and really hankering for one. It’ll be the oddest, most awkward hours — late mornings or afternoons, the middle of the night on a Tuesday — the slices of time when prices will be lowest. Not unlike your Uber ride, fast food prices will go up or down depending on demand. At least, this is the world people imagined when fast food chain Wendy’s revealed it would be tinkering with “dynamic pricing,” a broad term that describes any strategy where…

When Justin Cucci would fly out of Denver International Airport more than 10 years ago, he’d usually pack his own food. “As a traveler, I was always let down by the food and the lack of Denver representation,” he said. So when an airport concessionaire approached him about opening a branch of Root Down — his eclectic, farm-to-table restaurant — as part of a major retail overhaul at DIA in 2013, he decided to take the risk. “I thought it would be cool to make a statement about accessibility to craft food that’s…

More than 10 million tons of food is wasted in the UK each year. Leftovers perish in their plastic Tupperware tombs, supermarket bins heave with damaged but perfectly edible produce, and fields are littered with spoiled harvests. Preventing good food from ending up in the bin is an important part of the global fight against climate change. But what about the past? How did our ancestors deal with food waste? Surprisingly, given the…

Nigeria’s annual inflation rate rose to 31.70 per cent in February from 29.90 per cent in January, the National Bureau of Statistics (NBS) said on Friday. The statistics office said the February 2024 headline inflation rate showed an increase of 1.80 per cent compared to the January 2024 headline inflation rate. The NBS said on a year-on-year basis, the headline inflation rate was 9.79 per cent points higher than the rate recorded in February 2023, which was 21.91 per cent. “This shows that the headline…