Bud Light’s Dylan Mulvaney fiasco spurred sales hit of more than $1B last year
Bud Light’s parent company, Anheuser-Busch InBev, may have lost more than $1 billion in sales due to an ill-fated ad featuring transgender influencer Dylan Mulvaney. In North America, organic revenue, considered the best measure of business performance, plummeted to a staggering $1.4 billion in 2023 “primarily due to lower Bud Light volumes,” the company said. […]
Pennsylvania court drops injunction against Amish farmer over raw milk sales
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Conservatives rally behind Pennsylvania Amish farmer who suffered police raid over milk sales
Republican lawmakers are rallying on social media in support of an Amish farmer in Pennsylvania who was raided by police last month for selling milk in violation of government regulations. Amos Miller claims that it sells its products only to “private member associations,” not to the public, and is exempt from government regulation. But the […]
Home sales hit 5-month high in January while prices jump 5%
Sales of previously occupied U.S. homes rose in January as homebuyers took advantage of easing mortgage rates and a modest increase in properties on the market. The National Association of Realtors said Thursday that existing home sales rose 3.1% last month from December, reaching a seasonally adjusted annual rate of 4 million units. That’s the […]
Existing home sales rose 3% to start the year, but higher mortgage rates are already hurting – CNBC
“While home sales are still significantly lower than they were a few years ago, January’s monthly increase is the beginning of an expansion in supply and demand,” said NAR Chief Economist Lawrence Yun. “Listings are up slightly and homebuyers are taking advantage of lower mortgage rates compared to the end of last year.” The inventory […]
Beyond Meat revamps plant-based burger to boost weak sales
Beyond Meat is revamping its signature plant-based burger, hoping healthier ingredients will boost sales in the struggling U.S. The El Segundo, Calif.-based company announced Wednesday that its new Beyond Burger patty and Beyond Beef Meal have 60 percent less saturated fat by switching from canola and coconut oil to avocado oil. New beef products contain […]
Nvidia’s sales soar on generative AI boom
Dutch Masters, CEO of Carnivore Trading, said investors should use the Craman Countdown to gauge the breadth of the market. Artificial intelligence giant Nvidia released its long-awaited fourth-quarter earnings report on Wednesday, showing a big jump in quarterly revenue from a year ago and reassuring investors that the company’s AI edge is alive and well. […]
GM pauses sales of new mid-size Colorado, Canyon trucks over software issue
See what’s being clicked on FoxBusiness.com general motors announced Tuesday that it has temporarily suspended sales of 2024 Chevrolet Colorado and GMC Canyon medium-duty trucks to resolve intermittent software quality issues. GM said a fix has been identified and the voluntary and temporary suspension is aimed at correcting the problem. Software issues before being delivered […]
Super Bowl Sunday beer sales jumped in 2024, with Corona taking top spot
Claman Countdown analyzes the big game advertising winners. This statistic pertains to beer sales at bars and restaurants during Super Bowl Sunday in 2024, and while sales increased overall, it reveals winners and losers by brand compared to last year. . Click here for the latest report restaurant engagement Union’s platform found that on-premises sales […]
CNN’s Jake Tapper suggests Trump could pay for legal fees with sneaker sales
CNN host Jake Tapper suggested Sunday that sales from former President Trump’s new sneakers could help pay for mounting legal costs. Trump was ordered Friday to pay $355 million in fines and interest in a New York civil fraud case, and last month a jury ordered him to pay $83.3 million for defaming author E. […]