In this photo illustration, dried cannabis flowers are displayed on April 30, 2024 in San Anselmo, California. The U.S. Drug Enforcement Administration (DEA) announced plans to reclassify marijuana as a less dangerous drug and designate it a Schedule III controlled substance instead of a Schedule I drug where it is currently listed. Justin Sullivan | … Read more
United States Supreme Court Associate Justice Samuel Alito poses for an official portrait at the East Conference Room of the Supreme Court building on October 7, 2022 in Washington, DC. Alex Wong | Getty Images Supreme Court Justice Samuel Alito sold shares of beer giant Anheuser-Busch InBev as conservatives were ditching the Bud Light brewer … Read more
Racks of England’s new Nike designed football shirt, with the controversial St George’s cross, are displayed for sale in a central London store on March 22, 2024. Daniel Leal | Afp | Getty Images LONDON — U.K. Prime Minister Rishi Sunak on Friday said Nike was wrong to “mess with” the design of the flag … Read more
Miller, and Coors a products are displayed October 9, 2007 in Chicago, Illinois. Scott Olson | Getty Images Brewer Molson Coors said on Tuesday that it expects to maintain its market share gains in the year ahead. The company, which makes Coors Light and Miller Lite, reported strong fourth-quarter earnings on Tuesday as net sales … Read more
1. Record run Here are the most important news items that investors need to start their trading day: The S&P 500 closed above 5,000 on Friday for the first time as U.S. stocks continued their steady climb. The S&P, Dow Jones Industrial Average and Nasdaq have all risen for five straight weeks. A slate of … Read more
Republican presidential candidate and former U.S. President Donald Trump attends a Nevada caucus night party at Treasure Island Resort & Casino in Las Vegas, Nevada, U.S. February 8, 2024. David Swanson | Reuters Former President Donald Trump wrote a social media post earlier in the week asking his supporters to give Anheuser-Busch a “second chance” … Read more
Countries and companies rent out storefronts on the Promenade in Davos, Switzerland during the World Economic Forum CNBC DAVOS, Switzerland — For as long as countries and companies have rented out chalets and storefronts on the Promenade of the small Swiss ski village that hosts the World Economic Forum, ancillary programming hosted beyond the reaches … Read more
Anheuser-Busch InBev has scored a sponsorship for the upcoming Olympic Games, making it the first beer brand to ever sponsor the event. The International Olympic Committee announced its worldwide partnership with the world’s biggest brewing company on Friday, saying the team-up will stretch from the upcoming Paris 2024 Summer games to Los Angeles 2028 Summer … Read more
The beer industry should prove resilient through looming supply chain challenges that look set to impact some markets, the chief executive of Budweiser owner AB InBev said Friday. Beer has a “characteristic as a category that is incredible, which is beer is local,” Michel Doukeris told CNBC’s Arabile Gumede. AB InBev is the world’s biggest … Read more
Attendees hold large Pride flag at the 2023 LA Pride Parade on June 11, 2023 in Hollywood, California. (Photo by Rodin Eckenroth/Getty Images) Rodin Eckenroth | Getty Images In a year stained by boycotts, protests and heightened consumer choice, hundreds of companies came through for LGBTQ+ equality, according to a leading advocacy group. The Human … Read more