Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.

May 13, 2019

2 Min Read
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Beyond Meat rival Impossible Foods raises another $300 million

Impossible Foods raised $300 million in its latest funding round, but CEO Pat Brown has stated that the company is in no rush to go public. Rather, Impossible Foods will “focus on just scaling [its] production, pushing ahead on further on R&D and so forth.” The company has struggled to meet demand in recent months for its existing customers. Read more at CNBC.com

Don’t like plastic straws? Too bad. Florida says cities can’t ban them

The Florida Senate has passed an environmental bill that will prohibit local governments from regulating plastic straw use over the next five years. Environmental groups throughout the committee hearings often cited a study by the World Economic Forum projecting that there would be more plastic by weight than fish in oceans by 2050. Read more at The Sun Sentinel …

Bayer hires law firm to investigate Monsanto stakeholder file issue

 

Bayer will be hiring an external law firm to investigate complaints from the French media that U.S. seed and herbicide company Monsanto “had compiled a file of influential personalities” in the hopes of swaying their stances toward pesticides. Bayer shares have been reduced more than 40% in the aftermath of U.S. judgements on Roundup, but the company continues to tout transparency and revealed that it would “fully support” the French prosecutor’s investigation. Read more at Reuters …

Amazon to employees: We’ll pay you to quit and haul packages

Amazon today announced a program for employees willing to quit their jobs and start businesses delivering Amazon packages. The company will reportedly cover up to $10,000 in startup costs for accepted employees, and will pay them three months’ worth of their salary. This latest initiative underscores Amazon’s “plan to control more of its deliveries on its own, rather than rely on UPS, the post office and other carriers.” Read more at Fox …

Why some wineries are becoming ‘Certified B Corp’—and what that means

B Corp companies go above and beyond when it comes to supporting local communities, providing full transparency in terms of the way they conduct business and being general stewards of social change. Now, more and more wineries are aspiring to achieve this certification, in spite of some doubt that a B Corp certification has the ability to really “move the needle” for farmworkers as much as proponents of the certification believe. Read more at NPR …

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