Anheuser-Busch InBev is using the renowned Budweiser brand to launch Budweiser Zero, a non-alcoholic beer that tastes similar to the best-selling alcoholic beverage. One serving has 0 grams of sugar, aimed at health conscious drinkers who crave the taste of beer and don’t want to deal with a hangover. “We …
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The coffee chain reported a net loss of $ 678.4 million, or $ 0.58 per share, on Tuesday during the quarter ended June 28, largely due to the negative impacts of the pandemic. Starbucks (SBUX) Revenue decreased 38% from the same period last year to $ 4.2 billion. Still, the …
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Tim Cook, CEO of Apple, speaks in Brussels on October 24, 2018. ARis Oikonomou | AFP | fake pictures Apple CEO Tim Cook plans to tell the House Antimonopoly Subcommittee Wednesday that the company is competing fiercely with rivals in the smartphone market. “The smartphone market is fiercely competitive, and …
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CNBC’s Jim Cramer reviewed 10 stocks on Tuesday that have made surprising gains during the current economic downturn that he said would slow the market in a normal recessive environment. At the close on Tuesday, the S&P 500 has fallen 0.38% so far this year. “Entering the pandemic-induced recession, I …
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