Bud Light remains drag on parent company as Dylan Mulvaney hit lingers
Anson Frerichs, former president of operations at Anheuser-Busch, reacts to Bud Light’s Super Bowl commercial. Anheuser-Busch InBev beat revenue expectations in fourth-quarter and full-year 2023 results released Thursday. But nearly a year after forming a controversial partnership with transgender influencer Dylan Mulvaney, the global beer giant continues to struggle with boycotts against its Bud Light […]
Facebook parent Meta targeted in privacy complaints by EU groups
Metaplatforms on Thursday responded to privacy complaints as eight EU consumer groups asked the watchdog to take action against Facebook’s owner for allegedly breaching EU privacy rules when collecting user data. I was visited. Complaints by consumer organizations in the Czech Republic, Denmark, France, Greece, Norway, Slovakia, Slovenia and Spain to national data protection authorities […]
Google parent loses $70B in market value after ‘woke’ AI chatbot disaster
Google’s parent company lost 700 million yen in market capitalization in one business day with bizarre image debacle for its “woke” chatbot, sparking fresh investor concerns about the company’s much-touted AI tools. Lost over a billion dollars. Alphabet stock fell 4.4% on the first day of trading on Monday, closing at $138.75. Shares of Google’s […]
Tennessee bill would require defendants convicted of killing a parent to pay victims’ children
Tennessee lawmakers have proposed a bill that would require defendants convicted of certain violent crimes who kill a parent to pay restitution until the child victim reaches adulthood. SB2878/HB2960 is sponsored by Democratic Senator Sarah Kyle and Representative GA Hardaway in their respective chambers. The bill would create new monetary penalties for those convicted of […]
CNN Parent Company Warner Bros. Discovery Hammered By Weak TV Advertising, Stock Plunges
Warner Bros. Discovery, the parent company of CNN, Warner Bros., HBO and numerous other media properties, has been plagued by weak TV advertising, lower-than-expected revenue, and its stock price has plummeted as investors worry about media. ing. Giant’s financial outlook. Warner Bros. Discovery stock plunged 12% early Friday, but recovered slightly later in the day. […]
Teamsters target Bud Light parent Anheuser-Busch, Molson Coors
International Brotherhood of Teamsters President Sean O’Brien weighs in on meeting with presidential candidates, saying there are many boxes to check and members have a duty to do their due diligence. he claimed. The Teamsters union went on strike at Molson Coors’ Texas brewery over the weekend, and will follow suit at all of Anheuser-Busch […]
Paramount+ parent talked with Comcastâs Peacock about streaming deal: report
Paramount Global recently held talks with Comcast about working together on a streaming deal. wall street journal reported on Friday, citing people familiar with the matter. According to the report, the two companies discussed a streaming partnership or joint venture between Paramount+ and Peacock, among several strategic options that Paramount was pursuing. The development comes […]
Michael Burry bets on CNN parent Warner Bros. Discovery, restaurant firms
Hedge fund manager Michael Burry, known for his prescient comments ahead of the 2008 U.S. housing market crash, is closing out put option positions in semiconductor stocks while also investing in Warner Bros. in the fourth quarter of 2023. The company said in a securities report released on Wednesday that it had purchased shares in […]
Parent board serving large NYC Jewish community slammed, accused of ‘censorship’ after scheduling meeting on Shabbos
A parent committee serving Brooklyn’s large Jewish community has been accused of “censorship” and scheduling meetings inconsistent with the Sabbath. Arthur Kleinerman, a Jewish member of Community Education Council 22, read a statement Tuesday on behalf of the board, saying that despite requests from the community, a “special He stopped short of apologizing for holding […]
Parent arrested after entering school cafeteria to eat with son
A Pennsylvania parent was arrested Wednesday after entering a school cafeteria with his son “to eat lunch.” The incident occurred at 10:45 a.m. in Washington County, a suburb of Pittsburgh, after an unidentified parent arrived at the charter school for a parent-teacher conference, officials said. letter From California Regional School District Superintendent Laura Jacob. The […]