Happy New Year 2025

Tag: Foods

  • Whole Foods, Costco, Kroger limiting egg purchases as shortages persist

    Whole Foods, Costco, Kroger limiting egg purchases as shortages persist

    ‘Barron’s Roundtable’ panelists Megan Leonhardt, Al Root and Ben Levisohn discuss avian flu and top stocks.

    Costco, Kroger and Whole Foods are among the growing list of grocers that are putting a purchasing limit on eggs as supply shortages persist. 

    Companies started imposing limits on the product as the shortage caused by outbreaks of highly pathogenic avian influenza (HPAI), or bird flu, persists, causing a frenzy among shoppers. Droves of viral videos have surfaced in recent weeks, showing shoppers stockpiling eggs. One video posted on TikTok claimed that an entire section of eggs at a Costco was gone in less than 10 minutes.

    Amazon-owned Whole Foods posted signs on its shelves notifying customers that customers can only buy three cartons of eggs at one time. 

    “We are currently experiencing difficulty sourcing eggs that meet our strict animal welfare standards,” a sign posted at one of its stores in New York City read.

    TRADER JOE’S PUTS CAP ON HOW MANY EGGS SHOPPERS CAN BUY

    Kroger confirmed to FOX Business that some banner divisions are also limiting egg sales. At stores where limits are in place, the company is asking customers to only buy two dozen eggs per trip, a spokesperson told FOX Business. 

    Trader Joe’s told FOX Business on Monday that it is limiting egg purchases to one dozen per customer, per day. The limit applies to every Trader Joe’s grocery store in the U.S., according to the company. 

    A sign at a Whole Foods store in New York City, telling customers they need to limit their egg purchases. (Fox Business / Fox News)

    Costco also confirmed to CNN that it was limiting customers to three packages of eggs. 

    Experts have warned that egg shortages will continue as bird flu outbreaks continue to impact the U.S. laying hen flock. 

    Bernt Nelson, an economist with the American Farm Bureau Foundation, told FOX Business, estimated that more than 136 million birds have been affected by avian influenza since 2022. In December, there were over 18 million birds affected, which he said led to “bare grocery shelves in some places and widespread higher prices.” 

    Ticker Security Last Change Change %
    AMZN AMAZON.COM INC. 233.14 +3.99 +1.74%
    COST COSTCO WHOLESALE CORP. 1,061.92 +18.11 +1.73%
    KR THE KROGER CO. 65.28 +0.28 +0.43%

    According to the Department of Agriculture (USDA), prices were 36.8% higher in December 2024 than a year earlier, but they were still below peak prices in January 2023.

    In 2025, the USDA predicted that egg prices, which can vary significantly from month to month, will increase by more than 20%. 

    BIRD FLU VACCINE: WHAT TO KNOW

    Shelves normally filled with egg cartons at a Whole Foods store in New York City,  (Fox Business)

    Not only are consumers feeling the effects of high egg prices at the grocery store, but they’re facing surcharges at restaurants.

    Notably, Waffle House, a Southern breakfast food chain, added a temporary 50 cent per egg surcharge to all of its menus last week. The company blamed the ongoing egg shortage for the dramatic increase in egg prices, saying that “consumers and restaurants are being forced to make difficult decisions.” 

    Placards on a store shelf inform customers that cage free eggs are coming back soon.

    Placards on a store shelf inform customers that cage-free eggs are coming back soon. (Fox News Digital / Fox News)

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    Smaller eateries, like New York-based Mexican café and bakery Ursula, are being impacted. Ursula owner and head chef Eric See told FOX Business that the prices of whole eggs have doubled, while the cost of liquid eggs has risen by about 25%.

  • How Trump tariffs could threaten Tyson Foods

    How Trump tariffs could threaten Tyson Foods

    Zekelman Industries Chairman and CEO Barry Zekelman breaks down the impact of potential Canada, Mexico tariffs on steel prices.

    One of the biggest meat producers in the U.S. is making contingency plans for its pork and chicken products as sweeping tariffs loom over its trading partners. 

    Tyson CEO Donnie King told analysts on an earnings call Monday that the company, which supplies Canada and Mexico with shipments of pork and certain chicken parts, has been “making adjustments” to its operation ahead of the planned tariffs, which took effect over the weekend but are currently paused.

    “In terms of Mexico, the product that we have going in there, the concern, and what we’ve been contingency planning on is pork. We also have chicken – really, a couple of parts of chicken,” King said. The company has a smaller amount of meat going into the Canadian market.

    TRUMP TARIFFS PAUSED: WHAT TO KNOW

    A semitrailer parked at a Tyson Foods Inc. plant in Union City, Tennessee, on Feb. 16, 2022. (Luke Sharrett/Bloomberg via / Getty Images)

    President Donald Trump paused plans to implement 25% tariffs on both countries for 30 days to give them time to negotiate economic deals aimed at securing U.S. borders and curbing the flow of drugs, like fentanyl, into the country.

    Canadian Prime Minister Justin Trudeau – who also paused plans to impose a 25% retaliatory tariff on U.S. imports – said on X that Canada will implement a $1.3 billion border plan and appoint a fentanyl czar. Mexican President Claudia Sheinbaum agreed to supply 10,000 troops on the border separating the U.S. and Mexico.

    Tyson products in store

    Tyson Foods frozen chicken products in a Safeway store on Aug. 8, 2023, in Washington, D.C. (Anna Moneymaker / Getty Images)

    TJ MAXX CEO SAYS COMPANY COULD BENEFIT FROM TRUMP’S PROPOSED TARIFFS

    “Essentially, what we would do, whether it be pork or whether it would be chicken, is we would find other markets,” King said. 

    The Tyson CEO said the company has already been preparing for this and is making adjustments. 

    Ticker Security Last Change Change %
    TSN TYSON FOODS INC. 57.74 +1.25 +2.21%

    “We think we have risk-adjusted in our guidance the implications of all of those,” King said.

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  • Lucky Foods To Eat on Chinese New Year 2025: How To Manifest Wealth, Luck and Prosperity? Dumplings, Spring Rolls & More, Eat These Food Items for Good Fortune

    Lucky Foods To Eat on Chinese New Year 2025: How To Manifest Wealth, Luck and Prosperity? Dumplings, Spring Rolls & More, Eat These Food Items for Good Fortune

    Chinese New Year 2025, known to be “Year of the Wood Snake”, is a time of celebration and renewal, is also rich in culinary traditions. The festival marks the beginning of a Lunar New Year on the traditional lunisolar Chinese calendar. Chinese New Year 2025 is on January 29. The food enjoyed during this festive season is not only delicious but also carries deep symbolism, representing prosperity, happiness, and longevity. Here are some delicious dishes you should eat to manifest wealth, good luck and prosperity on the Lunar New Year.

    1. Dumplings (Jiaozi) – Wealth and Prosperity

    Dumplings are a staple during Chinese New Year, symbolizing wealth and prosperity. Their shape resembles ancient Chinese gold ingots, and it’s believed that eating dumplings can bring financial success. Often filled with meat and vegetables, they are typically enjoyed with family and friends, symbolizing unity and togetherness.

    2. Spring Rolls – Wealth and Good Fortune

    Spring rolls are a crunchy, savory treat that signifies wealth and good fortune due to their resemblance to gold bars. Filled with vegetables, pork, or shrimp, these golden delicacies are not only tasty but also an auspicious sign of prosperity for the year ahead. Chinese New Year 2025 Superstitions: 7 Traditions That You Should Know of To Ring in the Lunar New Year. 

    3. Longevity Noodles – Long Life

    Longevity noodles, or “Changshou Mian,” are symbolic of a long, healthy life. These noodles are often served uncut and eaten in one long strand to ensure longevity. Stir-fried or served in broth, this dish is a must-have for good health and a long life in the coming year.

    4. Fish – Abundance and Surplus

    In Chinese culture, fish is a symbol of abundance, prosperity, and surplus. The word for fish, “Yu,” sounds like the word for surplus, making it a popular dish on Chinese New Year. Typically served whole to signify completeness, it is believed that eating fish will ensure wealth and good fortune in the year to come.

    5. Sticky Rice Cake (Nian Gao) – Growth and Progress

    Nian Gao, a sticky rice cake, is a traditional Chinese New Year dish that symbolizes progress, growth, and the promise of a better year ahead. The word “nian” means “year,” while “gao” sounds like “tall” or “higher,” representing the wish for prosperity and success in life and career.

    6. Tangerines and Oranges – Good Luck and Wealth

    Tangerines and oranges are commonly eaten during Chinese New Year because their bright color and round shape are associated with wealth and good luck. The Chinese word for “orange” sounds similar to the word for “luck,” making them a popular offering for a prosperous year.

    From dumplings to longevity noodles, each dish on Chinese New Year carries rich symbolism, bringing good luck, health, and prosperity. As you indulge in these flavorful foods, remember that they’re not just a treat for the palate but a wish for a bright year ahead.

    (The above story first appeared on LatestLY on Jan 28, 2025 09:40 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

  • Workers at Philadelphia Whole Foods become first to unionize at Amazon-owned grocer

    Workers at Philadelphia Whole Foods become first to unionize at Amazon-owned grocer

    Circle Squared Alternative Investments founder Jeff Sica joins ‘Varney & Co.’ to discuss the impact of labor union strikes on the stock market.

    Workers at a Whole Foods location in Philadelphia made history as the first group to successfully unionize under the grocery chain.

    The workers at the flagship Whole Foods store in Center City, represented by UFCW Local 1776, voted 130-100 to unionize on Monday, calling it “a significant victory” in its fight for fair compensation, improved benefits and better working conditions. 

    The group initially filed a petition with the National Labor Relations Board in November to hold a union election. Since then, the group claimed it has faced an “aggressive anti-union campaign” by Amazon management, which it said worked to prevent employees from exercising their right to representation.

    DOCKWORKERS’ UNION, EMPLOYERS AVERT STRIKE AFTER REACHING TENTATIVE DEAL

    “Despite a relentless onslaught of anti-union propaganda and intimidation, and multiple allegations of unfair labor practices (ULPs) committed by Whole Foods management, the workers have remained committed to unionizing. Today’s vote is a testament to the power of collective action and their determination to achieve a voice on the job,” the group said in a statement Tuesday. 

    UFCW Local 1776 President Wendell Young IV said in a statement that this “fight is far from over,” though he acknowledged that Monday’s win “is an important step forward.” 

    Ticker Security Last Change Change %
    AMZN AMAZON.COM INC. 235.42 +0.57 +0.24%

    “We are ready to bring Whole Foods to the bargaining table to negotiate a fair first contract that reflects the workers’ needs and priorities,” Young said.

    Amazon purchased Whole Foods in 2017, adding it to its sprawling grocery business, which includes Amazon Fresh and the Amazon Go convenience stores. 

    ECONOMIST WARNS THAT AMAZON, STARBUCKS STRIKES COULD ‘BACKFIRE’

    This is the first time that a group has successfully unionized with Whole Foods, but the e-commerce giant has been fighting against unionization efforts for several years, including at its warehouses. 

    Whole Foods told FOX Business that the company is “disappointed by the outcome of this election” but is “committed to maintaining a positive working environment in our Philly Center City store.” 

    Whole Foods maintains that it offers competitive compensation, great benefits, and career advancement opportunities to all workers.

    In November, the group said the physical demands of the job are making it feel like an impossible task “to balance our health, our safety, and our desire to satisfy and delight our customers with the company’s thirst for profits.” 

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    It also argued that its workers are also struggling “to afford rent, healthcare, childcare, and other basic necessities.”

  • Chinese New Year 2025 Lucky Foods: From Fish to Rice Cakes, Food To Eat That Will Bring Good Luck in the Lunar New Year

    Chinese New Year 2025 Lucky Foods: From Fish to Rice Cakes, Food To Eat That Will Bring Good Luck in the Lunar New Year

    Chinese New Year, also known as the Spring Festival, is the most important traditional festival in Chinese culture. It marks the start of the lunar calendar and is celebrated with family reunions, festive decorations, and various cultural activities. The holiday typically lasts for 15 days, culminating in the Lantern Festival. It’s a time for honouring ancestors, driving away bad luck, and welcoming prosperity for the new year. Red decorations, firecrackers, and traditional performances like lion dances symbolise good fortune and happiness. Lucky Food for Chinese New Year 2025: From Spring Rolls and Noodles to Rice Balls and Steamed Fish, Traditional Food Items to Eat for Good Fortune in the Year of the Wood Snake. 

    A key aspect of Chinese New Year is the emphasis on food and symbolism. Festive meals are prepared with specific dishes believed to bring luck, health, and wealth. Families gather around to share these meals, reinforcing bonds and celebrating togetherness. As you observe Chinese New Year 2025, here are the lucky food to eat to bring good fortune in the Lunar New Year.

    • Fish (Yú): Fish symbolises surplus and prosperity. It’s often served whole, representing completeness and abundance.

    • Dumplings (Jiǎozi): Their shape resembles ancient Chinese currency, making them a symbol of wealth and fortune.

    • Spring Rolls: These golden, crispy rolls symbolise wealth and are likened to gold bars.

    • Noodles: Longevity noodles represent long life and are served without cutting to preserve their symbolic meaning.

    • Glutinous Rice Cake (Niángāo): Its name sounds like “higher year,” symbolising progress and growth in the new year.

    Chinese New Year is a time of joy, renewal, and hope. The traditions, including the preparation and sharing of lucky foods, reflect the deep cultural values of prosperity, unity, and gratitude. By celebrating with loved ones and embracing these customs, the festival ushers in a year filled with fortune and happiness.

    (The above story first appeared on LatestLY on Jan 27, 2025 06:17 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).