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Food/Beverages
Bud Light's Struggles Cast a Shadow Over Its Sunny Summer Ad Campaign
Bud Light has continued losing ground with consumers during a busy season for the beer industry even as the brand runs its biggest ever summer
Americans' Thirst for Diageo's High-End Spirits Slows
The owner of Johnnie Walker scotch said sales of its $50-a-bottle liquor are growing more slowly as pandemic-era spending patterns fade. Source link
Apple, Amazon, Starbucks to Report in Packed Earnings Week
Earnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest
Bud Light Brewer Lays Off Hundreds of U.S. Workers
Anheuser-Busch restructures its corporate offices amid controversy and sales slump. Source link
Nestlé Raised Prices More Than 9% in First Half of the Year
The world’s largest packaged food company said price hikes boosted sales and profitability, joining other consumer goods companies. Source link
'Forever Chemicals' Settlement Weighs on 3M Earnings
The company raised its earnings expectations for the year despite swinging to a quarterly loss. Source link
Dove Maker Unilever Still Raising Prices as Volumes Slip
The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. Source link
Sugar Shortage Threatens Candy Production Ahead of Halloween, Holiday Seasons
Buyers and producers debate agriculture policy requiring companies use mostly U.S. sugar. Source link
The Battle to Save Anchor Brewing, the Oldest Craft Brewer in the U.S.
Listen to article (1 minute) Workers at Anchor Brewing Company, the oldest craft brewer in the U.S., hope to prevent the company from shutting down
Russia Puts Chechen Official, Local Businessman in Charge After Seizing Western Assets
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