Democrats accuse food, beverage companies of ‘profiteering’ through ‘shrinkflation’

Two Democratic members of Congress sent a letter to some of the nation's largest food and beverage companies, saying their companies are “compromising their profits” through “shrinkflation” (reducing the size of products while keeping prices the same or raising them) and “tax evasion.” “They are profiteering,” he said. Sen. Elizabeth Warren (D-Mass.) and Rep. Madeline […]
Ryan Seacrest’s ex sues American Airlines after drinking beverage with ‘broken plastic,’ sustaining injuries

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Delta flight attendant hit passenger multiple times with ‘loaded’ beverage cart: suit

A Delta Airlines employee struck a passenger multiple times with a beverage cart during a flight to New York, causing “severe injuries,” a woman claims in a lawsuit. Gail Hamilton, a Florida resident, said in documents filed in Manhattan federal court that she was sitting in an aisle seat on Delta Flight 263 from Paris […]
Ryan Seacrest’s ex seriously injured after swallowing shards of plastic from beverage on American Airlines flight: suit

Ryan Seacrest’s ex-girlfriend claims in a lawsuit that she was seriously injured after swallowing a piece of plastic that was in a drink she was served on a flight to Rome. Former “Amazing Race” contestant Shanna Wall said she swallowed a broken plastic container on an American Airlines flight from John F. Kennedy International Airport […]
Looking for dividend income? Jim Cramer says consider this beverage giant's stock – CNBC

Shopify : The e-commerce company reported better-than-expected revenue on Tuesday, but its gross margin was a concern for investors. But Jim Cramer said in an interview with company president Harley Finkelstein that Shopify’s spending should help existing customers do more business with the company. Overall, it was an “incredibly good quarter,” Jim said. “I like […]
Texas Molson Coors brewery workers prepare to strike, potentially impacting several major beverage brands

Check out what’s being clicked on FoxBusiness.com The union at Molson Coors Brewery in Fort Worth authorized a strike on Sunday, according to local reports. If approved by Teamsters Local 997 national leaders, 420 workers would be off the job, WFAA reported. “We are working to restore respect in the workplace,” chapter treasurer Rick Miedema […]
3 Top Beverage Stocks to Buy Hand Over Fist to Help Boost Your Portfolio in 2024 – The Motley Fool

As we enter 2024, the beverage industry is buzzing with excitement and possibilities. Front line: coca cola (KO -0.55%), pepsico (PEP -0.83%)and boston beer (Sam -0.70%). These kings of drinks have mastered the art of staying fresh. This year, they look more like golden tickets for your portfolio than everyday investment opportunities. So, find out […]