In this file:

 

         Taco Bell to test long-awaited Beyond Meat carne asada in Ohio next month

         Beyond Meat Stock Slides As COO Suspended Following Weekend Arrest For Alleged 'Nose Biting' Incident

 

 

 

Taco Bell to test long-awaited Beyond Meat carne asada in Ohio next month

 

o   Taco Bell will test meatless carne asada made with Beyond Meat at dozens of its restaurants in Dayton, Ohio.

o   It took longer than expected to create a carne asada alternative that satisfied Taco Bell, Bloomberg reported in December.

o   The steak substitute uses vital wheat gluten and faba bean protein to try to replicate the texture and taste of carne asada.

 

Amelia Lucas, CNBC

Sep 21 2022

 

Taco Bell will test meatless carne asada made with Beyond Meat at dozens of its restaurants in Dayton, Ohio, starting next month.

 

Itís the latest effort from the Mexican-inspired chain to appeal to customers who donít want to eat meat. Taco Bell has had a passionate vegetarian and vegan fan base for decades, thanks to its meat-free protein options such as black beans and potatoes. But the Yum Brands chain has been slower to jump on the trend of plant-based meats.

 

In early 2021, Yum signed a deal with Beyond to create exclusive menu items for its fast-food chains, which also include Pizza Hut and KFC. Around that time, Taco Bell promised to test a menu item made with Beyond, but it took longer than expected to create a carne asada alternative that satisfied Taco Bell, Bloomberg reported in December. Missy Schaaphok, Taco Bellís director of global nutrition and sustainability, said Beyond Carne Asada has been in the works for a little under two years.

 

In the meantime, Taco Bell has tested three proprietary meat alternatives made separate from the Beyond partnership...

 

more, including links

https://www.cnbc.com/2022/09/21/taco-bell-to-test-long-awaited-beyond-meat-carne-asada-in-ohio-next-month.html

 

 

Beyond Meat Stock Slides As COO Suspended Following Weekend Arrest For Alleged 'Nose Biting' Incident

"Doug Ramsey, chief operating officer, has been suspended effective immediately,' Beyond Meat said in a brief statement late Tuesday.

 

Martin Baccardax, TheStreet.com

Sep 21, 2022

 

Beyond Meat† (BYND)† shares moved lower Wednesday trading after the plant-based food group suspended a senior executive following his arrest for a violent incident over the weekend.

 

Chief operating officer Doug Ramsey was arrested in Fayetteville, Arkansas following media reports that he was involved in an altercation in the parking garage of the University of Arkansas' football stadium.

 

Ramsey, 53, who joined the group in December of last year following a three-decade career at Tyson Foods† (TSN) , is alleged to have punched through the window of the victim's SUV, and bitten the man's nose, during the Saturday incident.

 

He was reportedly release from jail on Sunday, after posting a $12,000 bond.

 

"Doug Ramsey, chief operating officer, has been suspended effective immediately,' the company said in a brief statement late Tuesday. "Operations activities will be overseen on an interim basis by Jonathan Nelson, senior vice president, manufacturing operations."

 

Beyond Meat shares were marked 1.68% lower in pre-market trading to indicate an opening bell price of $15.76 each.

 

Last month, Beyond Meat lowered its full-year sales forecast by around $100 million...

 

more, including links

https://www.thestreet.com/markets/beyond-meat-stock-slides-as-coo-suspended-following-weekend-arrest