Neomi Velado, involved in a hit-and-run that led to the death of 21-year-old Benjamin Montalvo in Corona, is slated for early release.
Early Release for California Woman Who Caused Fatal Bicycle Accident Angers Victim’s Family A woman in California, who was involved in a fatal crash with a bicyclist during her fourth instance of distracted driving, is set to be released early from prison, leaving the victim’s family understandably upset. Neomi Berrado, aged 28, killed 21-year-old Benjamin […]
Importer of Corona and Modelo cuts forecast because of falling beer sales
Constellation Brands Adjusts Beer Sales Outlook Amid Consumer Trends Constellation Brands has lowered its forecast for the current fiscal year, as demand for beer sees a downturn. This change comes in light of a tough economic climate affecting high-end beer purchases. U.S. importing powerhouse Constellation, which oversees brands like Corona and Modelo, predicts a net […]
Modelo and Corona parent company says weak wine demand could impact earnings
See what's clicking on FoxBusiness.com. Constellation Brands is experiencing weak demand in its wine and spirits segments, which the alcohol producer recently said will hurt its second-quarter results. The company said Tuesday it expects to take a non-cash goodwill impairment charge of between $1.5 billion and $2.5 billion on its wine and spirits division in […]