Retailers brace for DEI blowback ahead of election, holiday
A sign disparaging Bud Light beer is seen along a country road on April 21, 2023 in Arco, Idaho. Anheuser-Busch, the brewer of Bud Light has faced backlash after the …
Molson Coors Beverage Co
Modelo brewer Constellation falls despite an earnings beat. Here’s why we’re not concerned
Modelo and Corona brewer Constellation Brands is a tale of two businesses. One of them — beer — is stealing market share left and right. The other — wine and …
Civil rights groups urge Fortune 1000 to protect DEI
Twenty civil rights organizations sent a letter Thursday to Fortune 1000 companies calling for them to recommit to diversity, equity and inclusion, after several major companies scaled back their efforts. …
Coca-Cola and Bacardi testing canned rum and cokes
Coca-Cola and Bacardi canned beverage. Courtesy: Coca-Cola Coca-Cola just ordered another round in the booming canned cocktail market. It is going with another classic, launching a canned rum and coke …
NFL’s most valuable team at $11 billion
DaRon Bland, #26 of the Dallas Cowboys, celebrates after an interception returned for a touchdown in the game against the Washington Commanders during the fourth quarter at AT&T Stadium in …
Molson Coors pumps the brakes on DEI practices
Coors beer is displayed on a store shelf on February 13, 2024 in San Rafael, California. Justin Sullivan | Getty Images Molson Coors is the latest addition to a growing …
Cramer says Tuesday’s earnings don’t indicate a serious recession
While Wall Street may still be rattled after Monday’s massive sell-off, CNBC’s Jim Cramer said many of Tuesday’s corporate earnings reports do not indicate there is a serious recession on …
Constellation delivers on beer, but wine weakness prompts downgrade
Constellation Brands reported an earnings beat on Wednesday that was driven by strength in its beer business. However, shares fell 4% after an initial move up, as investors — including …
Constellation (STZ) to grab more prime real estate at stores, boosting stock
Constellation Brands has an upper hand in a battle for coveted — but shrinking — territory in stores, according to new Wall Street research. It is further evidence that the …
Cramer says the market can’t broaden out due to uncertainty away from tech
CNBC’s Jim Cramer on Thursday said it’s no secret that the market rally has been driven by a handful of tech stocks, and it’s not likely to change anytime soon. …