Constellation Brands on Thursday reported earnings and revenue that topped analysts’ expectations for its fiscal second quarter of 2024. The Mexican beer powerhouse, owner of the Modelo Especial and Corona Extra brands, reported double-digit sales growth in its beer business as the […]
Constellation Brands beats on earnings as Modelo-fueled beer momentum continues Read More »
Rory McIlroy shakes hands with Tiger Woods on the 18th green after they completed a practice round prior to the 2023 Masters Tournament at Augusta National Golf Club in Augusta, Georgia, on April 3, 2023. Christian Petersen | Getty Images
Tiger Woods and Rory McIlroy's TGL golf league will air on ESPN Read More »
Torsten Muller-Otvos, the Rolls-Royce CEO who turned an aging brand into a coveted badge of success for pop stars, athletes and young entrepreneurs, is retiring after 14 years. Rolls-Royce announced Thursday that Muller-Otvos, 63, the longest serving CEO of Rolls-Royce
Rolls-Royce CEO Torsten Muller-Otvos retires after boosting sales six-fold Read More »
Clorox on Wednesday warned that its sales and profit took a big hit during the quarter ending Sept. 30, largely due to the after effects of a cyberattack that significantly affected operations. The bleach and cleaning products maker said it
Clorox says sales and profit took a big hit from cyberattack Read More »
A Popeyes restaurant is seen in Washington, D.C. Eric Baradat | AFP | Getty Images Popeyes has overtaken KFC as the No. 2 chicken chain in the U.S., a decade after Chick-fil-A first unseated KFC from the top spot. Chicken
Popeyes overtakes KFC as No. 2 chicken chain, but Chick-fil-A stays on top Read More »
Cannabis producer Tilray Brands on Wednesday reported a jump in revenue as it diversifies its portfolio and moves deeper into the beer industry. The company reported $177 million in net revenue, up 15% year-over-year, for its fiscal first-quarter. Its cannabis division
Tilray Brands revenue jumps, losses narrow as it pivots away from cannabis Read More »
DETROIT – General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. “The facility that we announced today is a $6 billion line of credit that I
GM secures new $6 billion credit line as UAW strike costs reach $200 million Read More »
Ford F-150 pickup trucks are seen on Metro Ford’s sales lot in Miami, Florida. Joe Raedle | Getty Images DETROIT – Ford Motor’s third-quarter U.S. new vehicle sales increased 7.7% compared with a year earlier, led by higher sales of
Ford pickup truck sales lead third-quarter growth Read More »
A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Mortgage rates just continue to climb higher, taking a particularly big leap last week. As a result, total mortgage demand fell 6%
Mortgage demand drops to the lowest level since 1996, as interest rates head toward 8% Read More »
A vial labelled “Novavax V COVID-19 Vaccine” is seen in this illustration taken January 16, 2022. Dado Ruvic | Reuters Novavax‘s updated Covid vaccine won the backing of U.S. regulators on Tuesday, putting the shot on track to roll out
