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☆ 2023 PGA Championship: Joel Dahmen gives golf fan $100 to buy beers after hitting him with errant ball
▼ + stars: | 2023-05-18 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —One golf fan has found an unusual way to bypass having to pay for beers at the PGA Championship this week – take a Joel Dahmen tee shot to the leg. When told each beer cost $17, Dahmen handed over $100 for some refreshments, McGuire said, with the tweet showing the duo posing for pictures with the bill. Shoutout to @Joel_Dahmen for hitting my calf with a tee shot today on hole #1! “I’m a middle of the road PGA Tour player,” Dahmen explained. 108 enjoyed a strong end to 2022 but has endured a tough start to the current season, missing the cut in four of his last seven PGA Tour appearances.

☆ New York’s Most Inventive Pizzas Are Cooked Up at Pop-Ups
▼ + stars: | 2023-05-09 | by ( Pete Wells | ) www.nytimes.com time to read: +2 min

For this we can thank the State Legislature, which passed a law last year allowing licensed vendors, including pop-ups, to sell food at breweries. Beer makers had been urging the change for years, said Ann Reilly, the executive director of the New York City Brewers Guild. In most of the state, the vendors are often food trucks stationed just outside the building. Follow New York Times Cooking on Instagram, Facebook, YouTube, TikTok and Pinterest. Get regular updates from New York Times Cooking, with recipe suggestions, cooking tips and shopping advice.

☆ Opinion: Vladimir Putin’s anxious time
▼ + stars: | 2023-05-07 | by ( Richard Galant | ) edition.cnn.com time to read: +15 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. He imagines a boy sitting “upon the high and giddy mast” of a ship tossed by wind and waves. “Uneasy lies the head that wears a crown,” concludes the king in Shakespeare’s play. Russia said that President Vladimir Putin was the intended target of a foiled Ukrainian drone attack on the Kremlin, an allegation Ukraine denied. The unfortunate monarch who was the last to own the original St. Edward’s Crown, King Charles I, was convicted of treason and beheaded on January 30, 1649.

☆ Budweiser maker's profit jumps as customers absorb higher prices
▼ + stars: | 2023-05-04 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +3 min

[1/3] Bottles of non-alcoholic beer and dishwasher soap are pictured at Anheuser-Busch InBev brewery in Leuven, Belgium November 25, 2019. The maker of Budweiser, Stella Artois and Corona repeated its 2023 forecast that core profit (EBITDA) would grow in line with its medium term outlook of between 4% and 8%, with revenue to grow ahead of EBITDA. He said AB InBev would invest more in Bud Light over the summer. First-quarter results of AB InBev's rivals Heineken and Carlsberg also showed consumer willingness to absorb higher prices. AB InBev's core profit rose by 13.6% on a like-for-like basis to $4.76 billion, compared with the 5.6% average increase expected in a company-compiled poll.

☆ AB InBev profit jumps as consumers absorb higher beer prices
▼ + stars: | 2023-05-04 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +2 min

[1/3] Bottles of non-alcoholic beer and dishwasher soap are pictured at Anheuser-Busch InBev brewery in Leuven, Belgium November 25, 2019. REUTERS/Francois LenoirSummarySummary Companies Q1 core profit up 13.6% vs consensus 5.6%Beer volumes up 0.4%, buoyed by ChinaRetains 2023 forecast of 4-8% core profit riseBRUSSELS, May 4 (Reuters) - Anheuser-Busch InBev (ABI.BR), the world's largest brewer, reported higher than expected first-quarter earnings on Thursday as consumers bought its beers at sharply higher prices. Revenue, however, rose sharply, as the company pushed through price increases and some consumers switched to more expensive beers or package formats. First-quarter results of AB InBev's rivals Heineken and Carlsberg also showed consumer willingness to absorb higher prices. AB InBev's core profit rose by 13.6% on a like-for-like basis to $4.76 billion, compared with the 5.6% average increase expected in a company-compiled poll.

☆ Opinion: Why Britain is so weirded out by pledging allegiance to Charles
▼ + stars: | 2023-05-04 | by ( Opinion Laura Beers | ) edition.cnn.com time to read: +9 min

In a break with tradition, the public will be invited to pledge allegiance to King Charles III during the coronation ceremony on Saturday May 6. While many Brits I’ve spoken to are simply indifferent to the proposed pledge, there has also been an unprecedent degree of public vitriol over the scheme. Yet, objections to the proposed pledge are as much about its content as its form. The proposed coronation pledge, in contrast, invites Britons to pledge their loyalty to the King, and to his “heirs and successors” – a positively undemocratic pronouncement. That complexity cannot simply be smoothed away by inviting people to pledge allegiance to the crown.

☆ What King Charles' coronation means for the UK economy
▼ + stars: | 2023-05-03 | by ( Hanna Ziady | ) edition.cnn.com time to read: +8 min

But the UK economy as a whole could suffer as workers take an extra day’s holiday. John Lewis' Coronation Lewis Bear. John Lewis & PartnersDepartment store John Lewis has had to limit in-store purchases of its Coronation Lewis Bear to two per household, and the teddy is out of stock online. For the coronation, UK luxury brands “have procured unique merchandise at all levels of the economy and we’re seeing people buying it, particularly Americans and EU customers,” she added. (The coronation holiday will be the third holiday Monday this month.)

☆ Bud Light wanted to market to all. Now, it's alienating everyone
▼ + stars: | 2023-05-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +10 min

New York CNN —For years, Bud Light leaned on jokey ad campaigns and its designation as a light beer to push sales. Now, Bud Light finds itself seeking younger drinkers, and stumbling through America’s polarized landscape in the process. There have been calls for a Bud Light boycott. And the stock of Bud Light owner Anheuser-Busch (BUD) has fallen only about 3% in the last month, suggesting Wall Street isn’t too worried. Bud Light, he thinks, could be missing out on that type of support.

☆ Wrexham: An intoxicating tale of Hollywood glamour and sporting romance
▼ + stars: | 2023-04-28 | by ( Aimee Lewis | ) edition.cnn.com time to read: +22 min

In an often brutal and bleak world, the recent resurgence of Wrexham, the city as well as the soccer club, lifts the soul. The Turf pub is a must-see for Wrexham fans. But now, there’s Wrexham with a story that, in hindsight, feels as if it was just waiting for Hollywood. One of Wrexham city center's shopping areas, pictured on April 22. Wrexham fans celebrate on the pitch after their team beat Boreham Wood at the Racecourse Ground.

☆ Bud Light sales are falling, but distributors say they’re sticking by the brand
▼ + stars: | 2023-04-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Beer distributors are largely sticking by Bud Light and its parent company, Anheuser-Busch, as controversy continues to embroil the brand. Bud Light pours at bars and restaurants declined in early April, according BeerBoard, which tracks sales data at thousands of bars and restaurants. BeerBoard told CNN that the 3,000 locations tracked by the firm poured 6% less Bud Light than rivals, including Miller Lite and Coors Light, from April 2 to April 15. Bud Light had been much more popular than rivals in the weeks before: From March 18 through April 1, customers ordered Bud Light 15% more than rival light beers. Heinerscheid said in a recent podcast interview that Bud Light needs to attract young drinkers to ensure the company’s future by promoting inclusivity.

☆ Miller High Life: Belgium destroys shipment of American beer after taking issue with 'Champagne of Beer' slogan
▼ + stars: | 2023-04-22 | by ( Mitchell Mccluskey | ) edition.cnn.com time to read: +2 min

CNN —Belgium has destroyed a shipment of American beer after taking exception to its maker’s slogan that it was “The Champagne of Beers.”Belgian customs crushed the 2,352 cans of Miller High Life beer earlier this week, reasoning that they were improperly labeled as Champagne. The move came after a trade association for the Champagne industry complained that the term should be used only on bottles of sparkling wine, made using a traditional method in Champagne, France. By convention, true Champagne – as in, the French sparkling wine – can only be made using Chardonnay, Pinot Noir, and Pinot Meunier grapes. The Comité Champagne, a joint trade association for the Champagne industry, requested the destruction of the American beers, arguing that the label “The Champagne of Beers” infringed on the protected designation of “Champagne”. According to its website, it began to use the slogan “The Champagne of Bottle Beer” three years later, shortening it to “The Champagne of Beers” in 1969.

☆ Miller High Life Cans Destroyed in Europe Over ‘Champagne of Beers’ Logo
▼ + stars: | 2023-04-21 | by ( Joseph Pisani | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/miller-high-life-cans-destroyed-in-europe-over-champagne-of-beers-logo-25e2c05c

☆ Heineken sees Europe resilience offsetting Asia slowdown risk
▼ + stars: | 2023-04-19 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +2 min

The world's second-largest brewer expects its operating profit this year to increase by a mid- to high- single-digit percentage. "We see signals of a relatively resilient Europe and risks of slower economic growth in Asia Pacific, thus performance across markets may be different than anticipated," Heineken said. Overall beer volumes fell 3.0% in the first quarter, below the average expectation of a 1.9% decline in a company-compiled poll. In Nigeria, another large Heineken market, volumes fell sharply due to a transition to new bank notes that left many consumers short of cash. Heineken expected the situation to improve, with the validity of old notes now extended.

☆ Heineken beer sales fall on weak Vietnam, Nigeria drinking
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +1 min

BRUSSELS, April 19 (Reuters) - Heineken (HEIN.AS) reported a steeper than expected decline in first-quarter beer sales, with a sharp decline in major markets Nigeria and Vietnam, but maintained its forecast for profit growth in 2023. The world's second-largest brewer said on Wednesday that business in Europe and the Americas was encouraging, with consumer demand holding up better than expected. However, it described results in the Asia Pacific and the region comprising Africa, the Middle East and Africa as disappointing. The brewer - whose namesake brand is Europe's top-selling beer - said overall beer volumes fell by 3.0% in the January-March period, below the average expectation of a 1.9% decline in a company-compiled poll. The brewer still expects its operating profit this year to increase by a mid- to high- single-digit percentage.

☆ Airline passengers were denied compensation for 2 Aperol Spritz cocktails after a court ruled that alcohol isn't a 'refreshment'
▼ + stars: | 2023-04-16 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

A couple was denied compensation for two Aperol Spritz drinks they bought during a flight delay. A German court ruled that as the drinks were alcoholic, they didn't count as refreshments. A couple who tried to get compensation for two Aperol Spritz cocktails during a flight delay had their claim denied after a German court ruled alcohol didn't count as a refreshment. Part of this bill included two Aperol Spritz drinks that cost a total of £15 ($18.60). There were also two Camden Hells beers on the couple's receipt, which the court didn't have to scrutinize as they had not claimed compensation for them.

☆ Who is trans advocate Dylan Mulvaney?
▼ + stars: | 2023-04-13 | by ( Scottie Andrew | ) edition.cnn.com time to read: +7 min

She became famous on TikTok, where she pivoted from musical theater to advocacy when she came out as trans. But when she started posting videos sponsored by Bud Light, Olay and Nike, her accounts became flooded with anti-trans hate. After cultivating a sizable following during the pandemic, Mulvaney came out as a trans woman in March 2022. From time to time we produce unique commemorative cans for fans and for brand influencers, like Dylan Mulvaney. Mulvaney says she tries to tune out anti-trans hateDylan Mulvaney presented an award at the PFLAG National 50th Anniversary Gala in March.

☆ Bud Light's inclusive ad campaigns are good for business
▼ + stars: | 2023-04-12 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +7 min

For Bud Light in particular, reaching a new audience is crucial, Alissa Heinerscheid, vice president of marketing at Bud Light, said in a recent Make Yourself at Home podcast interview. Bud Light had “been in decline for a really long time,” she said. From dylanmulvaney/InstagramCurrently, we’re about two weeks into the Bud Light backlash. The performer and TikTok personality, who had partnered with Bud Light previously, has been open about transitioning on Instagram and TikTok. And Texas congressman Dan Crenshaw also weighed in, saying he’s in favor of a Bud Light boycott but doesn’t stock the beer.

☆ Right-wingers are so pissed about Bud Light's LGBTQ marketing that they keep buying the beer just to film themselves destroying it
▼ + stars: | 2023-04-11 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Trans TikTok star Dylan Mulvaney posted a video that was sponsored by Bud Light. Angry with the beer brand's LGBTQ marketing, right-wingers have filmed themselves destroying cans. Now conservatives, angry with the brand's association with Mulvaney, started taking out their rage on beer cans. Meanwhile, others — like TikTok user ramrebel1500 — are calling for peace and for people to stop destroying beer cans just to make a point. The Bud Light boycott, however, is linked to a deeper, more sinister anti-trans sentiment brewing on the right.

☆ Question: How are some bars boosting profits? Answer: Trivia nights
▼ + stars: | 2023-04-07 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +9 min

In February, she begged friends to come to Talea's first trivia night, fearing only a few players would show up. NYC Trivia League, which hosts trivia at over 100 venues across New York City, recently surpassed its weekly event count from early 2020 and the Covid-19 pandemic lockdown. Brooklyn Brewery has been hosting trivia nights with the NYC Trivia League since 2019. Bumpy road to recoveryWith so many new venues hosting trivia nights, Kostyo cautioned bars may "cannibalize each other" as more businesses try to plant their flag in the trivia space. On a trivia night, we are easily doubling our sales from the previous night.

☆ Club meeting recap: We're sticking with Costco, despite weak monthly sales
▼ + stars: | 2023-04-06 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Stick with Costco Club holding Costco Wholesale (COST) reported Wednesday after the closing bell that overall same-store sales fell 1.1% last month , the first such drop in roughly three years. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Google's AI chatbot Bard is still being rushed
▼ + stars: | 2023-04-05 | by ( Asia Martin | ) www.businessinsider.com time to read: +4 min

Google contractors say they don't have enough time to verify correct answers from the company's AI chatbot, Bard. Bard got off to a less-than-ideal start when it gave an incorrect answer at Google's launch event earlier this year. Some of the contractors told Insider that they just aren't given enough time to corroborate and check the most accurate answer. Google CEO said he sticks to fun and creative questions with Google's Bard AI chatbot. Sundar Pichai, Google's CEO, told The New York Times that he learned through trial and error what type of questions to ask Google's AI chatbot.

☆ Elon Musk is selling Tesla beers for more than $30 to celebrate the company's Berlin Gigafactory, over a year since its delayed opening
▼ + stars: | 2023-04-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Tesla's "GigaBier" is now on sale, 17 months after Elon Musk first revealed it in Berlin. It costs about $98 for a pack of three bottles, which are supposed to look like Tesla's Cybertruck. The beer is Tesla's second foray into the liquor market, having previously sold a $250 tequila. The "GigaBier" was first revealed in October 2021 to celebrate the opening of Tesla's Berlin Gigafactory. The "GigaBier" marks Tesla's second foray into the booze market, having previously launched Tesla Tequila in 2020.

☆ Jim Cramer's top 10 things to watch in the stock market Friday: Stars of first quarter and Alphabet's AI risk
▼ + stars: | 2023-03-31 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

AI is a real problem for Club holding Alphabet (GOOGL), according to Piper Sandler, which lowers price target to $117 per share from $120. Raises price target to $75 per share from $72. Baird raises price target on Okta (OKTA) to $100 per share from $92. Morgan Stanley raises price target on e.l.f. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Cold, remote and short of women: A portrait of life on the Faroe Islands
▼ + stars: | 2023-03-23 | by ( Oscar Holland | ) edition.cnn.com time to read: +7 min

CNN —In her striking images of the Faroe Islands, a remote archipelago between Iceland and her native Norway, photographer Andrea Gjestvang depicts islanders and livelihoods that are as tough and unforgiving as the windswept landscape. Visiting several times annually over the course of six years, Gjestvang trained her lens on the lives and communities of the islands’ unmarried men. Young women, meanwhile, often choose to study or work in Copenhagen (the Faroe Islands are part of the Kingdom of Denmark) or elsewhere in Europe. Gjestvang also captured the rugged geography of the Faroe Islands. “I think this has, of course, affected society, even though I will say that Faroese women are also very strong — they are tough, too.”“Atlantic Cowboy,” published Gost Books, is available now.

Persons: Andrea Gjestvang, I’m, ” Gjestvang, “, Hjalmar, Gjestvang, Young, Aksel V, Johannesen, ”, Firouz Gaini Organizations: CNN, World Bank, University of, Faroe Islands Locations: Faroe Islands, Iceland, Norway, Faroe, Kaldbaksbotnur, Copenhagen, Kingdom of Denmark, Europe, United States, Tórshavn

☆ Britain helps pubs by raising 'draught relief' on beer
▼ + stars: | 2023-03-15 | by ( ) www.reuters.com time to read: +1 min

LONDON, March 15 (Reuters) - Britain's finance minister Jeremy Hunt offered extra help to pubs by reducing the tax paid on draught beers and ciders, resulting in the duty paid on a pint served in a bar undercutting the rate paid by supermarkets by up to 11 pence. "In December, I extended the alcohol duty freeze until 1 August, after which duties will go up in line with inflation in the usual way," Hunt told parliament in his budget statement. "But today, I will do something that was not possible when we were in the EU and significantly increase the generosity of Draught Relief, so that from 1 August the duty on draught products in pubs will be up to 11p lower than the duty in supermarkets, a differential we will maintain as part of a new Brexit pubs guarantee." Reporting by David Milliken, Writing by Paul SandleOur Standards: The Thomson Reuters Trust Principles.

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