Carol Costello: The IPO was huge and everyone was excited about it. She says consumers just really started backing away from the processed food industry. Costello: Most people aren't buying for the planet but they do care about their health. "If it was healthy, I'd be a buy-in," she says.
Bloomberg News Managing Diversity Reporter Jeff Green explains how companies with little actual diversity improvement are doing what researchers call "diversity washing" to get included in more ESG-related funds and ETFs. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Consumer Reporter Deena Shanker provide the details of Deena's Businessweek Magazine cover story Fake Meat’s Hyped Burgers Became Just Another Food Fad. Bloomberg News Equity Markets Reporter Esha Dey talks about how Tesla's rout is overshadowing plunges by smaller EV makers Rivian and Lucid. And we Drive to the Close with Hank Smith, CIO of Haverford Trust.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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