doug ramsey has been charged with third-degree battery and making a terroristic threat.e chief operations officer at the vegan food production company. according to the police report he punched a driver and bit his nose after the alleged victim bumped ramsey's car in a parking lout outside of a college football game on saturday. ramsey was released on bond on sunday. he has not commented on the arrest. >>> get ready for a spike in your electric bill. dan liebermann has those stories and more in today's "moneywatch" report. >> stocks closed higher on monday ahead of the federal reserve's two-day policy meeting slated to kick off today. the dow is up 197 points. the nasdaq added 86 points. the s&p 500 gained 26 points. >>> heating and electric bills are set to surge this winter. the average household will pay some 17% more to heat their home while electricity bills are expected to rise about 7.5% from last year. russia's war in ukraine and the hotter than normal sumner the u.s. is setting the price higher. >>> the chain family dollar is recalling dozens of products such as

a little bit about doug ramsey. he's been in the coo role since december.ock has been under scrutiny from informs torts, disappointing sales, operating chalks and overall questions about the long-term prospects of beyond meat as a company and as a product the stock has fallen 70% this year. this story just complicating things even further. when we reached out for comment, neither immediately respond ed to that request. >> the guy from beyond meat bit someone's nose. thank you. >>> still ahead here in new york, i'll be joined pit the president of of the council on foreign relations. we have a lot to talk to him about. he will give insight on the latest developments in ukraine, what's happening with the u.n. and what we just heard from vladimir putin. we'll be right back. rom vladimir putin we'll be right back. ♪ keep it comin' love ♪ ♪ don't stop it now, don't stop it no ♪ ♪ don't stop it now, don't stop ♪ ♪ keep it comin' ♪ it's back america. applebee's all you can eat boneless wings. just $12.99. allergies don't have to be scary. spraying flonase daily sto

beyond meat has suspended the coo doug ramsey after his arrest for allegedly biting a man's nose accordingpolice report. he was involved in an altercation in a car park in arkansas. the executive is also accused of threatening to kill the other man. he joined the vegan food company in december. global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. this is bloomberg. dani: coming up, more on the war on ukraine. th pst. girl. you can do better. at least with your big-name wireless carrier. with xfinity mobile you can get unlimited for $30 per month on the nation's most reliable 5g network. they can even save you hundreds a year on your wireless bill over t-mobile, at&t, and verizon. wow. i can do better! yes you can! i can do better, too! now you really can do better! switch to the fastest mobile service - xfinity mobile. now with the best price on two lines of unlimited. just $30 a line. millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions ar

beyond meat has suspended chief operating officer doug ramsey come rested on charges that he bit a man's college football game in arkansas. this is another blow to the plant-based protein company which cut revenue forecast last month. coming up, how latin america's -- digital economy has bounced back in a bigger way than the united states. this is bloomberg. ♪ >> welcome back. when it comes to the digital revolution, latin america is catching up fast. a venture capital firm which backs latin american companies shows how the digital economy in that part of the world has skyrocketed as the result of the pandemic. let's dive deeper with our guest. you have warned so many hats. your perspective is -- you have worn so many hats. your perspective is very valuable. what surprised you about this? >> there's definitely a lot to unpack. in this report that we just published yesterday, probably the key story that underlines investing is that the pandemic tech boom has been sticky in latin america. it's a huge deal. in the u.s., we saw a bit of aurora slid in the trend or back to the historical -- t

doug ramsey has been suspended from his job for allegedly attacking a man after saturday's arkansas ae made contact with the front wheel on ramsey's ford bronco. he got out and started punching the man, and then bid his nose, ripping flesh. he also threatened to kill that man reportedly. he was arrested and released sunday on $11,000 bond and will appear in court next month. shares of his company hit a 52 52-week low, customers are not willing to pay for beyond meat's is higher priced items. >> hannity: matt, you did that read perfectly without even cracking a smile. you're amazing. president biden covered an executive order on something called advancing biotech technology and biotech innovation for a sustainable, safe, and secure bio economic situation. assessing how to use biotechnology and bio manufacturing by improving sustainability and land resources and cultivating food resources. sounds like the government encroaching on more farmland here. joining us is wesley smith from the american center for human exceptionalism. you can also be concerned here that this could become anothe

meat coo -- i don't know how to read this facing charges for the altercation at the football game doug ramseyis accused of punching through the back windshield in the car and punching the driver and then biting his nose. those are the allegations. ramsey and beyond meat have yet to respond for comment from cnbc. >>> tom cruise and sandra bullock are accusing paramount out of millions of dollars they are saying they are missing out cause of the deal saying they get less from the cable channel than other studios do in similar deals. >>> apple is rolling out an update to the operating system to fix issues. to fix issues. the fix for i0 it takes a village to support society and businesses have a responsibility s 16 ove it takes a village to support that village. shake. "worldwide exchange" is back after this i am peter akwaboah, chief operating officer for technology, operations and firm resilience. when you think about diversity, the employee network group is fundamental to any organization to provide a community and a belonging environment for the employees. they provide an avenue to support em

beyond meat has suspended chief operating officer doug ramsey.s arrested on charges that he bit a man's nose during a fight at a college football game in arkansas, another blow for the plant based protein company which cut its revenue forecast last month. coming up, how latin america's digital economy has bounced back post-pandemic in a bigger way than the united states. investor hugo barra joins us next to tell us more. this is bloomberg. ♪ what if you were a global bank who wanted to supercharge your audit system? so you tap ibm to un-silo your data. and start crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create emily: welcome back to "bloomberg technology." i am emily chang in san francisco. when it comes to the digital revolution, latin america is catching up fast. the venture

the coo of beyond meet, doug ramsey was arrested and charged for allegedly biting a man's knows after a college football game. this is how local media went down. in a parking garage and ramsey punches the back windshield of this subaru, the subaru driver gets out, they make contact and ramsey continues to punch him and punch him and punch him and rip the flesh off the tip of his nose according to that report. stuart: he is from beyond meet. there is irony to that, is there not? there you go. papa john's. what is the story? >> down 2.5%, the price target was lowered from 120, to $100, this is what the analyst says, they consider papa john same-store sales falling 4%. is $35. lauren: it cost $35. i wish, pepperoni and other things but nothing fancy, that is ridiculous. this is supposed to be a chip week 8. stuart: change healthcare, what is the story? lauren: up 7%. a judge has denied antitrust contempt to stop united healthcare's plans to change healthcare for $8 billion so over the winter the department of justice said this is a major antitrust concern. they will raise prices and the

battery charges after allegedly biting a man's nose after a college football game in arkansas, doug ramsey of car, that point outside of the vehicle before, quote, biting the owner's nose ripping the flesh off the tip. ramsey facing terrorist, threatening and battery charges. a little temper tantrum there, maria. those are your headlines. maria: that's disgusting. what could i say? all right, we are looking at china, china central bank cutting borrowing cut of 14-day reverse repos and also to try to help an economy that has been crushed by covid lockdowns. chinese officials attempt to go boost the economy now as the year-end outlook remains grim. beijing second quarter gdp coming at four tenths of a percent. wolfpack, dan david. thank you very much for being here again. the official growth target for china is 5.5% in 2022. we don't really know what the numbers are, we are being told the numbers by the communist party but what are your growth stories of china this year? >> my team is on the ground in china are largely not working on any given day. they lock down blocks and blocks, city mile

beyond meat formally suspending its chief operating officer doug ramsey after his arrest for allegedly his nose. the company says its senior vice president of manufacturing on rags will step into the role in the meantime ramsey's arrest is just the latest headache for beyond meat as it grapples with operation headwinds and the price of its stock sinking. and home depot becoming the latest company to face the growing wave of unionization among workers. workers in pennsylvania have filed petition to unionize back in 2019, 60 home depot drivers voted to join a union in san diego, dom. >> silvana henao, thanks for the headlines. >>> the top story, jamie dimon and others facing off, and the fed chair to speak at 2:00 p.m this is ahead of an actually decision of a 75 basis point hike or 3/4 of 1%. you can see 84% odds and as we await chairman jay powell, checking yields, of course, the 2-year and the 5-year at the highest levels hovering near there since 2007 and the ten-year since 2011, and the three-year, the highest since 2013 ladies, thank you very much for joining us the economy right n

still up half a percent but, yes, doug ramsey was arrested this weekend after an altercation following a university of arkansas college football game where he allegedly bit someone's nose and threatened to kill him. the company dropped 6% yesterday to an all-time low of $16.49. well, we're below that right now at $16.06. beyond meat also benefiting today from its announcement of a partnership with taco bell's parent company yum brands. taco bell will be launching the beyond carne asada steaks at locations in ohio and yum down 7% and yum brand says consumers looking for other protein options that are "better for the planet". look at kodi after the manufacturer said it'll double its sale of skincare products by 2025. the owner of such brands like skinz by kim and says there's a big demand for beauty and skincare products despite higher inflation. people will give up a lot, but not their lipstick and skin products. jerome powell not the only market mover making economic headlines at this hour. the nation's biggest bankers peppered with questions about the economy on capitol hill today. wa

authorities say doug ramsey attacked a man who was trying to inch in front of him in a parking garage after the university of arkansas football game that man's car made contact with the ramseys vehicle. and that's one allegedly this assault occurred. ramsey, who is the chief operating officer for beyond meat is charged with felony battery and making a terrorist threat. he was released sunday after posting more than $11,000 bail. but news you can use right there as we take our live look here at a cruise ship here in the embarcadero. people are enjoying their vacations here in san francisco. and our meteorologist kyla grogan is here now to look at the forecast. still tracking hurricane fiona. do you think it's going to make its way to up the coast of florida like what's going to happen states? it is going to track north, but it is looking like it's going to stay away from the coast. it might encounter land and maritime, canada out and maybe part likes nova scotia and that but >> take a look at it here. it's an impressive storm. it's huge. and right now it's sitting right over turks and

the united states would be one of brexit's key benefits >> chief operating officer of beyond meat doug ramsey been arrested for allegedly biting a man's nose police say it happened this weekend after a university of arkansas football game after a car made contact with ramsey's vehicle, ramsey was charged with terroristic threatening and third degree battery. ramsey and beyond meat have not responded to cnbc's request for comment. carl >> thanks very much. >> two weeks now since apple unveiled the iphone 14 models and investors, analysts, all trying to gauge what demand is like lead times online remain a bit elevated and it seems like the high end more expensive pro models are more in demand. let's dive in with morgan stanley's apple analyst, eric. good to see you again are lead times really instructive at this stage? >> carl, thank you for having me on this morning. so they are instructive. again, we're looking for as many early data points on demand as possible and something we can all do is track lead times again, the time between ordering a phone and getting that phone delivered. and the a

. >> a top executive at beyond meat is arrested after he by the a guy's nose doug ramsey charged withstic threat ramsey was leaving the game when another car swiped his front tire police say he then got out of his car, punched through the other vehicle's back windshield. witnesses told police they heard ramsey threaten to kill the people who hit him then police say he bit the owner of the other car's nose, quote, ripping the flesh right off the tip. ramsey has been the chief operating officer of beyond meat since december before that he spent more than 30 years at tyson foods. a few hours ago beyond meat announced it suspended ramsey. he didn't respond to cnbc's request for comment. >>> a massive explosion in chicago sent eight people to the hospital part of the building collapsed according to the fire department it came from the fourth floor. chicago's deputy fire commissioner said eight people hospitalized have everything from severe burns to other traumatic injuries no word yet on the cause atf and the chicago pd bomb unit still investigating. >>> climate disasters around the world

doug ramsey the chief operating officer of beyond meat, everybody's forced somebody to eat that, allegedlyt another man's nose in a road rage incident. which is really stupid because the nose is so bland. it's all cartilage as no meat. i learned that from doozy's cookbook. besides it's not even a good fighting move if you're going to bite you've got to go for the crotch. [groans] >> greg: i debated leaving that in there. like all vicious attacks involving cannibalism it happened on a saturday at an arkansas fastball game. ramsey apparently got upset at another driver that tried to inch in front of him in the parking garage line. the situation escalated fast, which is unusual since escalators are so slow. that was funny. police say ramsey punched the other driver but the poor man -- bit the poor man's notices ripping flesh off. reminds me of twister night at bret baier's office. he was arrested for felony battery and making a terroristic throat and has to face the judgment of his vegan co-workers for eating meat. tyrus i want to ask you a question about this because you deal in an aggressiv

authorities say doug ramsey attacked a man who was trying to inch in front of him in a parking garagey after the university of arkansas football game. >> that man's car made contact with ramsey's vehicle. and that's when the nose biting allegedly occurred. ramsey, who is the chief operating officer for beyond meat is charged with felony battery and making a terrorist threat. he was released sunday after posting more than $11,000 bail. well, the social media app tiktok is now the number one search engine used by gen z. usually people use google to search for something gen z heads to tick tok's search feature to find what they need. but a study from newsguard says one in 5 tiktok videos actually contains misinformation. that study looked at the top 20 search results with various news topics like the election vaccines, the russia-ukraine war and news guard found tiktok uses biased search term. so if you are going to take talk for a little bit of info, just be sure you take it with a grain of salt. i think that's all the time we've got here. time shift things over to olivia horton. 4 live

takiy three year old beyond me, chief operating officeromeone doug ramsey has reportedly been suspendedm his job's forom allegedly attacking a man afterj saturday's arkansaobs razorback football game. arka a say another driver made contact with a front wheel on ramsey's ford bronco. ramseye contac got out, started punching the other driver and then bit the man in the nose, ripping flesh, the driver and another witness edy ramsey also threatened to kill that man. man t records indicate ramsey was arrested and released sunday at eleven thousand dollars bond. he's scheduled was arrd and re n court next month. beyond meets shares hit a 52 week low this week as inflationk soars, customers are apparently not willing to pay for beyond meets higher priced items. laura , matt , you did that.: mt read perfectly, without even cracking a smile. you're amazing, matt . ithoutgood to see you tonight. all right. president biden approved a little covered executiven co order last week on something called advancing biotechnology and bio manufacturing innovation. advancitechfor a sustainable, d secure amer

>> that's right, brian coo of beyond meat, doug ramsey, was arrest ofed over the week fr allegedly bitingter an altercation following a college football game in arkansas he was charged with terrific threatening and third-degree battery. the washington county arkansas information page says that he was booked saturday night and released sunday. beyond meat did not respond to multiple requests for comment from cnbc, nor has ramsey. he did join the plant-based meat company in december, coming there from three decades at tyson food he oversee poultry and its mcdonald businesses. ethan brown touted his experiences with those brands as they were set to lean farther into chicken as well as its planet partnership with pepsi. the stock, as we said, is down over 70% this year and about the same amount since ramsey came on board in december. quite a story there. we'll wait to hear any response from the company >> and you've got to remember, somebody got hurt. somebody got bit and punched, apparently kate rogers, thank you >> thank you >>> coming up, more on t markets here dow is down 471. we're back

beyond meat's stock hit a record low after the company's coo, doug ramsey, was arrested saturday fornose. the incident happened in an arkansas parking garage following the university of arkansas/missouri state football game. according to the police report, a subaru made contact with the front tire of ramsey's car in the lot. then the coo punched through the back windshield of the subaru. the car's owner then got out at which point ramsey start allegedly punching him and then bit his nose which, according to the police report, ended up with ramsey ripping, quote, the flesh off the tip of the victim's nose. the 53-year-old ramsey charged with third-degree battery. before joining beyond meat, he had spent three decades at tyson foods overseeing the pulte and, of course, mcdonald's -- poultry and, of course, mcdonald's buzzes. -- businesses. losing 5.7% right now. and here is a disturbing story as well. charter communications is now touching an 18 month low after "the wall street journal" report a texas judge has ordered the cable company to pay $1.15 billion in damages for the murder of

arrested after he allegedly bit a guy's nose that from the washington county police in arkansas doug ramseyrged with felony battery and making a terroristic threat after an arkansas razorback football game on saturday. according to the cop report, ramsey was leaving the game when another car swiped his front tire police say he then got out of his car, punched through the other vehicle's back windshield. witnesses told police they heard ramsey threaten to kill people who hit him. then police say he bit the owner of the other car's nose ripping the flesh right off the tip. he has been chief operating officer of beyond meat, before that he spent more than 30 years at tyson foods beyond meats announced he suspended ramsey he didn't respond to cnbc's request for comment. >>> massive explosion this morning in chicago sent eight people to hospitals. it happened at an apartment building in the city's west side part of the building collapsed according to the chicago fire department, the blast appeared to come from the fourth floor. you can see debris from the explosion scattered all over the street

beyond meat suspended its coo doug ramsey after his arrest for allegedly fighting a man's nose.ce report, he was involved in an altercation at a parking mart following a college football game the. executive is also accused of threatening to kill the other man. ramsey joined beyond meat in september. shery: coming up, we look ahead to the market opens in hong kong and mainland china as asian stocks are under pressure, the offshore yuan also at the two year low against the u.s. dollar. this is bloomberg. ♪ haidi: tencent is denying a report that it is considering selling its stakes in companies it has invented in -- it has invested in. tencent is said to be trying to bankroll investments in other businesses. stephen engle, our chief north asia chris pratt in hong kong. the report keeps coming back to tencent. what is going on? stephen: against the backdrop of regulatory pressure against platform companies for anticompetitive behaviors, it looks as though beijing is behind-the-scenes, forcing companies to unwind some of their vast array of different investments in some of china's s

officer doug ramsey was arrested on charges after he bit a man's nose at a college game -- a collegel game in arkansas. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am lisa mateo. this is bloomberg. ♪ >> i thought the 4%, they certainly will by the end of this year. i think they are going to have to go high at the beginning of next year, then i think they will pause. i don't think they will slow down the rate hikes. jon: that was megan green, lobo chief economist at cairo institute. morse -- more people looking for the 4% rate. the nasdaq 100 by a little bit more --. news conference with chairman powell forecast. tom: former vice chair richard clarida will join us here in a number of hours. vincent reinhart as well asvincent reinhart -- as well as vincent reinhart. he is chief economist. vincent reinhart invented modern resort -- modern research in washington and has terrific perspective on forecast. vince, thank you so much for joining today. i went back and i did a google search of t

doug ramsey was arrested over the weekend for allegedly biting a man's nose after an altercation followinge in arkansas he was charged for terroristic threatening and third degree battery. now, beyond meat did not respond to requests for comment from cnbc nor has ramsey. he joined the company in december, coming from three decades at tyson foods over seeing poultry and its mcdonald's business. beyond touted his experience as they were about to lean into partnerships with yum brands and mcdonald's and pepsi while it's had several product announcements and tests including beyond fried chicken with kfc and the mcplant burger, it hasn't announced any permanent items so far, which is something analysts were really looking out. for company also lowered revenue guidance and announced layoffs of about 4% of its workforce the stock is down about 70% this year back over to you >> kate, certainly a story the company doesn't need right now kate rogers on beyond meat today. let's get over to dom chu. >> good morning, carl. stocks are lower, very much so, to start the day, with every single sector as yo

we start with major legal trouble perhaps for the beyond meat coo doug ramsey. ent doug >> this was a crazy story. >> he was arrested for allegedly bu biting a man's nose at the college football game. i don't think he did that. i think it was a fight something he resorted to a nose bite charged with battery the altercation happened in the parking garage near the razorbacks stadium he punched through the windshield after it made contact with his front tire. he got out and ramsey punched him and bit his nose ramsey has been the coo of beyond meat after three decades at tyson >> you are on the board and what do you do? >> i would look into details from what i heard, this is shocking >> you deal with the obvious comments that are going to be on twitter. >> the vegetarians >> yeah. then the canabol have you been in a fight >> i have not. >> you are in pain and you try anything remember mike tyson bit off some guy's ear. >> he punched the back wind windshield >> you think it was a movie. >> college football. perhaps alcohol was involved have we decided? >> i don't know

doug ramsey has been charged with terroristic threatening and third degree battery maybe not a surprise- >> have you heard of terroristic threatening? >> i have not. me neither. >> a formal term >> involve the nose? it could be -- >> i don't know. >> like an ear that was evander holifield. >> yeah. >> back to the broader markets senior markets commentator, heard from santelli. i think it's time to hear from santoli. what's going on, mike? >> yeah, joe pretty familiar spot we find ourselves in with the stock market ahead of the fed today. s&p 500 been pretty sloppy as you were mentioning but has sort of slowed its decline. at the lower end of this range i say lower end of the rage, about 3800 that's where we spent most of the past four to five months right there. the low of the day the past three trading sessions has been between 3827 or 3838 essentially that one zone is where the selling has driven it up does it matter are we just pausing to wait for the fed? it's unclear it shows you we have a few percent down for the june lows which looks like a down side over shoot the up side is onl

doug ramsey was arrested after a college football game in arkansas. cnbc says someone bumped rasey ramsey's car tire, he punched through the driver's car window and during a confrontation bit the man's tip of the nose off. ramsey charged with terroristic threats and third-degree battery. the company has not commented on the news. >>> the federal open markets committee meets today. an interest rate decision should come tomorrow. some worry higher rates could drag us into recession. i spoke with someone who started her career before the last recession. emily melton says her first few weeks on the job in 2009 were scary with the global financial crisis going from flush with cash to empty offices. >> she just bought a red miata. everyone was flush with cash. and a couple weeks later the sky was falling and it was going to go to zero. i remember, am i going to get fired? >> the good news is she was not and she's gone on to great things and it's a great company. you can find the podcast on sand hill road everywhere. you name it. >> a fun listen. >> thanks,