FT News Briefing Friday, June 7
Jun 7, 2019
Beyond Meat anticipates a surge in sales, while U.S. tariff discussions with Mexico loom. Mario Draghi's potential monetary policy shifts are on the horizon as he exits the European Central Bank. At a recent conference, industry leaders from CBS, NBC, and ABC delve into the evolving landscape of broadcast news influenced by the Me Too movement. They discuss enhancing journalistic integrity and the importance of grassroots storytelling as they strategize for future challenges in news coverage.
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Beyond Meat's Growth
- Beyond Meat expects 2019 sales to double, exceeding analyst estimates.
- Their Q1 2019 revenue topped $40 million, driven by Beyond Burger sales and partnerships.
US-Mexico Tariff Talks
- Trump sends mixed signals on US-Mexico tariffs, stating they are still possible.
- Talks continue, with Mexico's economy at stake due to its reliance on US trade.
ECB Considers Stimulus
- ECB President Mario Draghi considers new stimulus to address economic fears.
- He suggests expanding quantitative easing and cutting interest rates, but urges government spending too.