Business News – 08-11-2021

Restaurant and retail workers have an advantage during the labor shortage for now

  • The labor shortage has allowed many lower-wage workers to have an advantage over their employer
  • Companies such as Target, McDonald’s, and Walmart are offering more pay or new perks in an effort to recruit and keep employees

Varda Space Industries and Rocket Lab announce deal for three spacecraft

  • Rocket Lab announced a deal with Varda Space Industries on August 11, to create three Photon spacecraft to support the first in-space manufacturing missions for the start-up
  • Rocket Lab will deliver the first Photon spacecraft for Varda in the first quarter of 2023 and the next two spacecraft will be expected to deliver  in 2024

Meatless sausage from Impossible Foods is coming to grocery stores

  • More than a year ago, the company launched the sausage alternative nationwide at restaurants and now Impossible Foods is bringing its product to U.S. grocery stores
  • The Impossible Sausage is expected to be 25% to 35% more expensive than animal-based sausage and also has plans to release meat-free chicken nuggets

By K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.