Food and drink
Constellation CEO hints at stock buyback after shares take a beating. The Club would fully support the move
Constellation Brands (STZ) could potentially implement a stock buyback program, CEO Bill Newlands said Thursday — a move we would welcome as shareholders in the alcoholic beverage maker. Newlands’ comments came on the heels of Constellation reporting mixed 2023 fiscal third-quarter results earlier in the day, sending the company’s stock price tumbling. Shares of Constellation […]
Read More
Constellation Brands’ shares tumble as higher costs hit beer supply chain
A worker stacks cases of Constellation Brands’ Corona beer for delivery at the Euclid Beverage LLC warehouse in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Constellation Brands fell Thursday after the wine, beer and spirits company reported ongoing supply chain costs that offset sales growth in its beer category. The stock closed […]
Read More
French bakers allowed to renegotiate sky-higher expenses with the daily baguette underneath menace
Bread shown at the natural and organic Racynes bakery in Boulogne-Billancourt, outside Paris, in November 2022. Bakery entrepreneurs have been battling with higher crop and electricity charges. Stephane De Sakutin | Afp | Getty Photos Electricity suppliers in France have agreed to let bakeries to negotiate new payment strategies for 2023 to steer clear of […]
Read More
Dubai nixes its 30% liquor tax in a bid to draw in far more tourism
Media, not the accommodations by themselves, generally label motels like Burj Al Arab as “six-star” or “7-star” lodges. Waitforlight | Minute | Getty Visuals DUBAI, United Arab Emirates — Dubai is scrapping its 30% tax on alcohol gross sales for the relaxation of the year, the emirate’s municipality announced Monday, the most current go in […]
Read More
Non-alcoholic beer to continue growing in 2023, Athletic Brewing Company CEO says
The start of ‘Dry January,’ a month when many people avoid drinking alcohol, typically brings a heightened level of attention to non-alcoholic drinks. But the CEO of one of the leading non-alcoholic beer companies said that the demand for non-alcoholic brews is booming well beyond a single month. “This is the moment we’ve been waiting […]
Read More
A nutritionist shares the best snacks to bring on a plane to boost your immune system
Travelers have a host of pathogens to dodge this winter, including the “tripledemic” of infections caused by Covid-19, flu and RSV (respiratory syncytial virus). But there are steps people can take to reduce their chances of getting sick, say health specialists at Spain’s SHA Wellness Clinic. The key is to develop “a resilient immune system […]
Read More
A map exhibits the most preferred Xmas dishes all over the entire world
Individuals traveling overseas this Xmas may not obtain their favorite holiday food on the menu. That is for the reason that classic vacation fare may differ about the planet. To see who’s eating what this weekend, the culinary site Chef’s Pencil created a map demonstrating what it claims are the most well known Christmas dishes […]
Read More
NBA star Jimmy Butler on his coffee love affair and ‘very, very hard’ second career
Whether it’s on the basketball court or behind the barista bar, Miami Heat star Jimmy Butler is determined to be the best. That’s why he has involved himself in every step of the process when creating his own coffee company, Bigface Brand. “I want to be in every Zoom call, every meeting, on every sourcing […]
Read More
Tyson Foods stock slips to lowest levels since November 2020 in three-day losing streak
A package of Tyson Foods Inc. chicken is arranged for a photograph in Tiskilwa, Illinois. Daniel Acker | Bloomberg | Getty Images Tyson Foods hit a 52-week low on Friday in a third-straight down day, a sign that investors are losing confidence in the company amid growing margin pressure and operational issues this year. The […]
Read More
Candy maker Ferrero to buy Halo Top owner, expanding North American business
Halo Top pints of ice cream in Los Angeles, California. Kirk Mckoy | Los Angeles Times | Getty Images Candy maker Ferrero is buying Wells Enterprises, the ice cream giant that owns Blue Bunny, Blue Ribbon Classics and Halo Top. The two privately held companies did not disclose financial terms of the deal in their […]
Read More