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☆ HelloFresh stops buying coconut milk from Thailand after videos show monkeys being forced to harvest the crop
▼ + stars: | 2023-03-08 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

HelloFresh will stop buying coconut milk sourced in Thailand, Axios reported. It revealed that monkeys on HelloFresh suppliers' coconut farms were being kept in poor conditions. PETA accused Suree and Aroy-D, HelloFresh's former coconut milk suppliers, of keeping monkeys chained on dirt patches with no protection from the elements. Major retailers, including Walmart, Target, and Costco, have already stopped selling coconut milk from certain Thai suppliers, but HelloFresh's move goes one step further, banning all coconut milk exports from the country. It's now calling on Whole Foods and other retailers to stop sourcing coconut milk from Thailand, it said in a press release.

☆ Home Food Delivery’s Questionable Value, for Consumers and Investors
▼ + stars: | 2023-03-07 | by ( Stephen Wilmot | ) www.wsj.com time to read: 1 min

Serving food with a side of technology was the perfect pandemic business model. Now old doubts are back with a vengeance: Just how many people will pay what it costs to have grub delivered to their door? HelloFresh shares fell 9% Tuesday after the meal-kit company said it was targeting revenue growth of anywhere between 2% and 10% this year, stripping out currency movements—a wide bracket but below most analysts’ forecasts at the midpoint. Its profit guidance also came in below expectations.

☆ HelloFresh shares drop as profit outlook disappoints
▼ + stars: | 2023-03-07 | by ( Linda Pasquini | ) www.reuters.com time to read: +3 min

Germany's HelloFresh sees adjusted core profit (AEBITDA) of between 460 million and 540 million euros ($492 million and $577 million) in 2023, compared with analysts' estimate of 547 million euros. He said HelloFresh was not planning any lay-offs at the moment, and refrained from giving an update on the mid-term outlook. HelloFresh expects its revenue to grow 2% to 10% on a constant-currency basis this year, compared with growth of 18% in 2022. The company also forecast "relatively muted" order growth for 2023. HelloFresh reported annual AEBITDA of 477.4 million euros, above the 464.5 million euros expected by analysts.

☆ Scientists can spike startup bets in Planet A's new $172 million climate tech fund even if they have a good business case. Check out the 20-slide LP deck it used to raise the fresh cash.
▼ + stars: | 2023-02-08 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

German VC Planet A has just closed its first 160 million euros (around $172 million) fund. Planet A, a European venture capital firm, has just closed its inaugural 160 million euros (around $172 million) fund to back startups doing just that. Founded in 2020, Planet A is looking for market-ready tech startups with significant impact potential in climate change mitigation, waste reduction, resource savings, and biodiversity protection. The early-stage investor will write checks of between 500,000 euros to 3 million euros to startups in Europe, the UK, and Israel. The Planet A team intended to raise 100 million euros, Detzner said, so the fund was oversubscribed.

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☆ 8 best meal delivery services of 2023, according to experts
▼ + stars: | 2023-01-12 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +26 min

SKIP AHEAD The best meal kit delivery services | How to shop for a meal kit delivery serviceTo determine the best meal delivery service for you, we spoke to chefs, nutritionists and recipe developers about what to look for in a meal delivery service and highlighted their recommendations for the best ones to try this year. 8 best meal delivery services in 2023We talked to our experts about important features to consider when shopping for meal kit delivery services, including available options for certain dietary restrictions, how customizable the plans are and the quality of the ingredients. We separated them into two categories: meal kit services that send out individual ingredients and pre-made meal delivery services. Best meal kit delivery servicesThese expert-recommended meal delivery services all feature an option to send separate ingredients and allow shoppers to cook themselves. For those who don’t have as much time during the week, ready-to-eat meal delivery services are typically the best option.

☆ Michigan couple makes $9,000 a month teaching people to launch lucrative side hustles: Our No. 1 rule is 'anyone can do it'
▼ + stars: | 2022-12-04 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

The McCauleys say some of their furniture flips are as simple as staging and taking fresh photos of the product. But of all their income streams, Jamie says their YouTube and social media presence is the most stressful to manage. Unlike real estate, the gambles of buying and reselling furniture are minimal in both price and risk, the McCauleys say. The McCauleys say they staged and resold this $50 Facebook Marketplace dresser for $300. Costs and effectGoing a full year without making any money from YouTube was difficult, the McCauleys say.

☆ Another tech bubble bursts: 2022 has been brutal for Silicon Valley workers
▼ + stars: | 2022-11-27 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com time to read: +28 min

Gem: 100A maker of recruiting software, the startup cut a third of its workforce Nov. 1, The Information reported. HealthCare.com: 149The health insurance marketplace announced the job cuts Aug. 3, Miami Inno reported, citing state regulatory filings. Fabric: 120The robotics startup said July 13 that it was layoffing off 40% of them, TechCrunch reported, citing company confirmation. It affected about 300 people, the Silicon Valley Business Journal reported, citing company confirmation. Policygenius: 170The online insurance company cut about 25% of its staff, Axios reported June 6, citing company confirmation.

☆ Maine Governor Janet Mills criticized Whole Foods after the grocery chain decided to stop selling the state's lobsters at its stores
▼ + stars: | 2022-11-27 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Whole Foods will no longer sell Maine lobster in its stores. The Maine Lobster Marketing Collaborative, which represents the Gulf of Maine fishery, also called the decision "disappointing" in a statement to Maine Public. Right whales can reach up to 52 feet in length and live up to 70 years. The main causes of unusual death for right whales include entanglements with fishing gear and collisions with ships. Representatives for Whole Foods, the Maine Lobster Marketing Collaborative, and the Marine Stewardship Council did not immediately respond to Insider's request for comment.

☆ European stocks slip on worries about China's COVID curbs
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +1 min

Nov 21 (Reuters) - European shares slipped on Monday, with economically sensitive sectors like miners and industrials leading the losses on worries about the impact of surging COVID-19 cases in China. The pan-European STOXX 600 index (.STOXX) was down 0.2% by 0811 GMT, after marking its fifth straight weekly gain on Friday. Asian stocks (.MIAPJ0000PUS) fell 1.3% as investors fretted about the economic fallout from fresh COVID-19 restrictions in China, with Beijing's most populous district urging residents to stay at home as COVID-19 cases rose. Miners (.SXPP), travel & leisure (.SXTP), and industrial goods and services (.SXNP) fell between 0.5% and 1.4%, leading losses among European sectors. HelloFresh (HFGG.DE) rose 5.4% after Goldman Sachs started coverage on the German meal-kit maker with "buy" rating.

☆ Carbon-accounting startup Planetly was shut down and all 200 staff laid off just a year after acquisition. Insiders say it's a bad omen for 2023.
▼ + stars: | 2022-11-08 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +5 min

European carbon accounting companies lured $670 million in venture capital last year, as investors banked on growing appetite from corporates to bolster their ESG credentials. The slowdown means 2023 will be the toughest year since the Lehman Brothers collapse for potential closures of acquired companies, the source said. Still, carbon accounting companies are struggling with commercial traction due to market saturation and little differentiation, he said. "But if you acquire a carbon accounting software solution, you are probably a large organisation that has established customer relationships and had conversations about this before. European industry sources added that they expect further consolidation in the carbon accounting space.

☆ HelloFresh is laying off 600 warehouse workers as the meal kit segment takes another hit
▼ + stars: | 2022-10-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

Meal kit maker HelloFresh is laying off 611 workers and closing a Richmond, California warehouse. The company notified 611 workers at its Richmond, California warehouse on October 10 that it plans to eliminate their roles as of December 11. Like many grocery delivery players, HelloFresh saw sales rise in the early months of the pandemic. Rival meal kit company Blue Apron's shares have seen a similar rout, falling 67% year-to-date. Last year, HelloFresh started allowing customers to add other grocery items to their regular meal kit deliveries.

☆ 9 best vegetarian and vegan meal delivery services in 2022
▼ + stars: | 2022-09-20 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +11 min

Whether you’re at a restaurant or shopping for groceries, there’s usually no shortage of vegetarian and vegan options to choose from. Meal delivery services that include vegetarian and vegan plans can provide you with easy-to-cook or ready-made meat-free meals and prevent you from having to sprint to the supermarket each week. Best vegetarian and vegan meal delivery services in 2022Each of the following meal delivery services was recommended by our food experts. All of them are either all plant-based vegetarian or vegan services or they offer specific plans to fit one of these lifestyles. The veggie and vegan meals are labeled under each recipe, so you can see which recipes fit your dietary needs when crafting your menu each week.

☆ Retailers pull lobster from menus after 'red list' warning
▼ + stars: | 2022-09-08 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

Seafood Watch, which rates the sustainability of different seafoods, said this week it has added the American and Canadian lobster fisheries to its “red list” of species to avoid. Seafood Watch assigns ratings of “best choice,” “good alternative” and “avoid” to more than 2,000 seafood items based on how sustainably they are managed. Seafood Watch assigns ratings of “best choice,” “good alternative” and “avoid” to more than 2,000 seafood items based on how sustainably they are managed. The lobster fishing industry has come under scrutiny from Seafood Watch because of the threat of entanglement in fishing gear. Members of the lobster fishing industry, which is also coping with increased federal fishing restrictions to protect the whales, pushed back against the Seafood Watch rating.

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Charlotte Pallua and Estelle Merle studied at Harvard and had successful corporate careers. "You can make more of a difference as a founder," Merle said. a small to medium-sized company, can use directly with just a few clicks. "We see ourselves as an enabler for retailers and as a supporter of medium-sized companies," Pallua explained. But we think it will actually be most helpful for small and medium-sized businesses," said Estelle Merle.

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