Meta fires workers who spent meal credits on wine glasses, acne pads: report

Meta, the parent company of Facebook and Instagram, has fired about 20 staffers in Los Angeles after they were accused of abusing $25 a day meal benefits to stock up on household items such as wine glasses, acne pads and laundry detergent. It is reported that. The laid-off workers were found to have been abusing […]

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 […]

Constellation Brands slashes outlook on weak wine demand

Liquor giant Constellation Brands warned on Tuesday that it may be forced to write down the value of its assets by as much as $2.5 billion this year due to sluggish demand for wine as consumers cut back on non-essential purchases amid high inflation. The Rochester, New York-based company, which owns brands such as Corona, […]

Mead, or ‘honey wine,’ is an alcohol older than the wheel

One of the easiest drinks to make for the beginner homebrewer is a basic mead. But what is mead? And where did it come from? Tequila is more than just a glass. Other fun facts about this spirit Read on to find out more about this interesting drink, just in time for National Mead Day, […]