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AP National Business

German economy shrank by 0.4% in Q4, worse than 1st reported

BERLIN (AP) — Germany’s national statistics office says that the country’s economy shrank by 0.4% in last year’s fourth quarter. That’s a sharp downward revision from its initial report that gross domestic product declined by 0.2%. The quarter-on-quarter contraction in the October-December period was the first since the first quarter of 2021. Consumer spending, which

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Beyond Meat beats Q4 forecasts despite flagging sales

By DEE-ANN DURBIN AP Business Writer Beyond Meat on Thursday reported better-than-expected fourth quarter sales despite flagging consumer demand and lower prices. The plant-based meat maker said its revenue fell 21% to $80 million in the October-December period. Still, that beat Wall Street’s expectations. Analysts polled by FactSet were forecasting revenue of $75.8 million. Beyond

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