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☆ Major League Pickleball's newest team owner is Anheuser-Busch
▼ + stars: | 2022-11-08 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Zane Navratil and Parris Todd of BLQK celebrate a point during a group play Major League Pickleball match against the Florida Smash at Pickle & Chill on October 15, 2022 in Columbus, Ohio. Major League Pickleball has named its newest team owner, and it's a major beer brand. The rapidly growing sports league announced on Tuesday that Anheuser-Busch will purchase a Major League Pickleball team. Anheuser-Busch is the first Fortune 500 company to purchase an MLP team. Major League Pickleball also sees the partnership as a big win.

☆ Republican state attorney general Eric Schmitt faces off against Democrat Trudy Busch Valentine in Missouri's US Senate election
▼ + stars: | 2022-11-08 | by ( Hanna Kang | ) www.businessinsider.com time to read: +3 min

Republican state attorney general Eric Schmitt is running against Democrat Trudy Busch Valentine to represent Missouri in the US Senate. Missouri's US Senate race candidatesSchmitt serves as the attorney general of Missouri, a position he was appointed to by Republican Gov. Mike Parsons following former Attorney General Josh Hawley's election to the US Senate. Prior to being appointed attorney general, Schmitt served as state treasurer and state senator. His opponent, Valentine, has raised $12 million, spent $11.6 million, and has $327,578 cash on hand, as of October 19.

☆ Civil rights leaders call for all advertisers to stop spending on Twitter
▼ + stars: | 2022-11-04 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +3 min

The coalition, dubbed #StopToxicTwitter, consists of organizations including Media Matters, Free Press, Accountable Tech and Color of Change. The group is now urging companies to pause spending on Twitter, fearing that widespread layoffs at the company could impede Twitter's ability to moderate content on the site. Twitter gets over 90% of its revenue from advertising, though Musk has said there will be new subscription offerings with premium features. Angelo Clarisonic of Media Matters said in response that the pressure on Twitter is coming from advertisers and not merely the activists. González said that when she spoke to Musk earlier this week, "he seemed genuine but his actions have betrayed his words."

☆ Netflix has launched its ad-supported tier — here's everything we know about how the streaming giant is pitching advertisers
▼ + stars: | 2022-11-03 | by ( Lauren Johnson | Elizabeth Pham Janowski | ) www.businessinsider.com time to read: +7 min

Netflix launched its ad-supported tier in the US on November 3. The new ad-supported tier does not have the full Netflix catalog and will offer video quality up to 720p. NetflixThe ad-supported tier is initially offered in 12 countries, beginning with Canada and Mexico on November 1. Netflix has been pitching advertisers with aggressive pricing, according to advertisers briefed by Netflix. Advertisers said they expect prices to drop after Netflix's ad-supported tier launches, as has been typical with other streaming services like NBCUniversal's Peacock.

☆ Budweiser Flows Freely, But There Are Sputters Ahead
▼ + stars: | 2022-10-27 | by ( Carol Ryan | ) www.wsj.com time to read: 1 min

Having forged a reputation as a deal maker, the world’s biggest brewer is doing a better job with the brands it already owns. It has less control over rising interest rates and a restless top shareholder, however. Anheuser-Busch InBev the brewing giant behind Budweiser and Stella Artois, said Thursday that sales for the three months through September increased by 12.1% versus the comparable period of 2021. The company’s main rivals also reported healthy numbers this week: Carlsberg grew sales by 11.6%, while Heineken managed 19.8%. Although most of the brewers’ growth came from raising prices to make up for cost inflation, all three also sold more beer than a year ago.

☆ Beer is on pace to lose its leading share of the U.S. alcohol market as spirits surge
▼ + stars: | 2022-10-27 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

This week, Samuel Adams maker Boston Beer debuted Loma Vista Tequila Soda, a ready-to-drink tequila cocktail in both lime and mango flavors. Last year was the 12th consecutive year spirits have taken away market share from beer in the total U.S. alcoholic beverage market, according to a report earlier this year from the Distilled Spirits Council, a national trade organization. The beer category, which includes hard seltzer, accounted for 42% of the U.S. beverage alcohol market in 2021, while spirits accounted for 41%, according to DISCUS. At this trajectory, spirits are pegged to overtake beer in market share in the next few years, even though beer sales have grown. The downward trend of beer market share has also been reflected on the online ordering and alcohol delivery platform Drizly.

☆ AB InBev raises 2022 outlook as beer sales accelerate
▼ + stars: | 2022-10-27 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +3 min

SummarySummary Companies Q3 core profit up 6.5% vs market consensus 5.2%AB InBev says beer market resilientHeineken, Carlsberg voice concerns over European consumersBRUSSELS, Oct 27 (Reuters) - Anheuser-Busch InBev (ABI.BR), the world's largest brewer, reported higher-than-expected quarterly earnings on Thursday as beer sales accelerated, and raised its 2022 outlook to the top-end of its previous forecast range. Third-quarter core profit - earnings before interest, tax, depreciation and amortisation - rose 6.5% on a like-for-like basis to $5.31 billion, above the 5.2% climb forecast by analysts in a company-compiled poll. The company said it now expects its core profit to rise by between 6% and 8%. EUROPEAN CONSUMER PINCHAB InBev's largest rivals, far more reliant on Europe, gave a more cautious view of the beer market. For it and Heineken, Europe represented at least 50% of their third-quarter business, against less than 15% for AB InBev.

☆ The economy may be in better shape than you think...for now
▼ + stars: | 2022-10-23 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +7 min

The consensus forecast from economists surveyed by Reuters is that GDP grew at an annualized pace of 2.1% in the third quarter. (This will be the first estimate for third-quarter GDP, and there will be several revisions in the coming weeks.) That also means the Fed will likely continue to sharply raise interest rates to finally choke off inflation once and for all. Those rate hikes helped cause a so-called double-dip recession, where the economy suffered two downturns between 1980 and 1982. In other words, the much-hoped-for “soft landing” for the economy could turn out to be a pipe dream.

☆ Stocks could continue to break higher as Apple, big tech report earnings in week ahead
▼ + stars: | 2022-10-21 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

The three major averages closed higher Friday, with the S & P 500 adding 2.37% to close at 3,752.75. Stovall said the S & P 500 had six positive moves of 1% or more in the last 17 trading days, as of Friday. Earnings, earnings, earnings About 150 S & P 500 companies report earnings in the coming week. Technically speaking Scott Redler, partner with T3Live.com, said he is watching a formation in the S & P 500 that could be positive. His first target for the S & P 500 is 3,800.

☆ Recession or not, investments in this sector have shown resilience in tough times
▼ + stars: | 2022-10-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +13 min

Boston Beer has an average analyst rating of hold and 8% downside to the average price target, according to FactSet. "In a recession, beer tends to gain about one percentage point of share from spirits. How to play the space With that mindset, you shouldn't alter your long-term investments because of a potential recession, Sarwat said. Its average price target is buy. Duckhorn also has an average rating of buy, with 30% upside to the average price target.

☆ Posh ice cream, craft beer in vogue as Chinese downsize their love of luxury
▼ + stars: | 2022-10-13 | by ( Casey Hall | ) www.reuters.com time to read: +3 min

SHANGHAI, Oct 14 (Reuters) - Chinese consumers are typically known for lavish spending on high-end handbags, clothes and accessories that sustain Western luxury brands. Brands that have jumped on the trend include Kweichow Moutai (600519.SS), best known for $300 bottles of baijiu, the Chinese spirit popular at banquets. It debuted baijiu-infused ice cream at $10 a cup in May, racking up 2.5 million yuan ($350,000) of sales on the first day. Chinese consumers are "spoiling themselves with those little things and they're loving something novel," said Mark Tanner, founder of marketing agency China Skinny. "When times aren't so good, people want to feel better, guilty pleasures like ice cream can help," said Low.

☆ Elon Musk announces Tesla Semi production after Twitter deal returns
▼ + stars: | 2022-10-07 | by ( Matt Mcfarland | ) edition.cnn.com time to read: +3 min

Washington, DC CNN —Tesla CEO Elon Musk said Thursday that production of its Semi truck has begun, and deliveries to one customer, Pepsi, will occur in December. Tesla first announced the Semi in November 2017 and production was said to begin in 2019. Musk, the world’s richest man, has sold about $15 billion in Tesla stock this year, but it’s still not clear if Musk has sufficient liquid funds to close the Twitter deal. Musk, who has received commitments for debt and equity financing, may need to sell additional shares of Tesla to finance the purchase. Tesla shares fell roughly 5% in trading Friday morning.

☆ With Interest Rates Rising, Companies Look to Unload Pension Liabilities
▼ + stars: | 2022-09-28 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +6 min

Rising interest rates are boosting corporate pension plans, providing finance chiefs with an option to lighten their companies’ balance sheets and transfer obligations to insurers. PREVIEWWhen interest rates rise, liabilities for defined-benefit plans—a type of pension plan that promises fixed amounts to participants—shrink. They can also move just a portion of their pension obligations, but that still requires a high funding status. “If interest rates level off or decrease, the funded status could fall pretty quickly,” said Matt McDaniel, a partner at Mercer who advises companies on pension risk transfers. Recent stock market declines have hurt some defined-benefit pension plans invested in publicly traded equities, Mr. McDaniel said.

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☆ Here are Monday’s biggest analyst calls: Planet Fitness, Lyft and more
▼ + stars: | 2022-09-26 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Here are the biggest calls on Wall Street on Monday. Raymond James upgrades Planet Fitness to strong buy from market perform Raymond James said in its upgrade that Planet Fitness is still in great shape despite its pullback. UBS downgrades Lyft to neutral from buy UBS said in its downgrade that it's skeptical that Lyft can deliver industry-level top line growth "We are downgrading shares of Lyft to Neutral from Buy and reducing our ests. Jefferies downgrades Anheuser-Busch InBev to hold from buy Jefferies in its downgrade that the beer company is not as cheep as its peers. EBITDA upside and above avg.

☆ What the Club is watching Monday — yields and dollar way up, stocks down, we want to buy
▼ + stars: | 2022-09-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

So, after a period of aggressive selling, the Club wants to buy stocks back now. Citi raises its price target on Club holding Wynn Resorts (WYNN) to $91 per share from $87.50. 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.

☆ NFL has a new halftime show sponsor
▼ + stars: | 2022-09-23 | by ( Jordan Valinsky | Cnn Business | ) edition.cnn.com time to read: +1 min

New York (CNN Business) Apple Music is replacing Pepsi as the new sponsor for the NFL's Super Bowl halftime show. In a statement, the NFL said that it "couldn't think of a more appropriate partner" for the show. Apple Music's sponsorship begins at the next Super Bowl on February 12, 2023, in Glendale, Arizona. More details about the show, including performers, will be released in the coming months on Apple Music's social platforms. Pepsi PEP has been the NFL's halftime show sponsor for the past decade.

☆ Why an influencer talent agency just acquired a startup that helps creators make media kits
▼ + stars: | 2022-09-20 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +3 min

Influencer-marketing and talent agency Viral Nation has acquired creator economy startup MediaKits. MediaKits, which launched in 2021, helps influencers design media kits using real-time social data. Influencer-marketing and talent management agency Viral Nation has acquired creator economy startup MediaKits. Creators often make media kits using software like Canva or Adobe, before sharing them with brands as PDFs. To help make these media kits more up to date and shareable, O'Brien and Adams built a tool that lets creators design media kits with real-time data from platforms like YouTube, Instagram, and TikTok.

☆ 7 companies poised to cash in on the $30 billion hydrogen commercial-vehicle market by winning over giants like Amazon
▼ + stars: | 2022-09-20 | by ( Andrew Moseman | ) www.businessinsider.com time to read: +7 min

Rising fuel costs, the possibility of stricter emissions regulations to come, and questions about battery supplies, have all increased the appeal of zero-emission fuel cells. Volvo TrucksVolvo GroupCEO: Martin LundstedtMarket Cap: $32.97 billionHQ: Gothenburg, SwedenVolvo Trucks said in June 2022 it had begun testing hydrogen fuel-cell trucks. In the latter case, Plug Power has provided Amazon with more than 15,000 fuel cells to replace the batteries in its warehouse forklifts since 2016. Plug just signed a new deal to provide the behemoth with the liquid hydrogen necessary to run its fuel-cell vehicles starting in 2025. As part of a deal with Weichai group, Ballard is building fuel cells in China to power fuel-cell vehicles in that market.

☆ Budweiser Will Promote Its Alcohol-Free Beer at World Cup in Qatar
▼ + stars: | 2022-09-15 | by ( Katie Deighton | ) www.wsj.com time to read: +5 min

Budweiser is promoting its alcohol-free lager at the upcoming soccer World Cup in Qatar, balancing its role as the official beer of the event with the strict regulations on the sale and consumption of alcohol in the predominantly Muslim host nation. FIFA announced last month that it has so far sold 2.45 million World Cup tickets out of a possible 3 million. The brand said it plans to roll out localized ads and digital content in 70 countries as part of its World Cup marketing plans. It will also distribute more than 1 billion limited-edition bottles of Budweiser, each featuring a unique QR code linking to a competition to win free prizes including beer and World Cup tickets. And Anheuser-Busch InBev will use its World Cup sponsorship to promote the introduction of its direct-to-consumer e-commerce website and app TaDa, starting with 10 markets in Latin America, Mr. Marcondes said.

☆ The best ways to use a Marriott Bonvoy 35,000-point free night certificate — from swanky beach destinations to upscale international hotels
▼ + stars: | 2022-09-01 | by ( Ethan Steinberg | Read More | Read Less | ) www.businessinsider.com time to read: +21 min

These include the Marriott Bonvoy Business® American Express® Card and Marriott Bonvoy Boundless® Credit Card. Earn up to 17X total points per $1 spent at over 7,000 hotels participating in Marriott Bonvoy® with the Marriott Bonvoy Boundless® Card. Awards can be used for one night (redemption level at or under 35,000 Marriott Bonvoy® points) at hotels participating in Marriott Bonvoy®. Marriott Bonvoy recently added the ability to "top up" free night certificate values with up to 15,000 points. The best hotels for redeeming a 35,000-point Marriott free night certificateAll of the cards that offer these free night certificates carry annual fees in the ~$100 range (from $95 on the Marriott Bonvoy Boundless® Credit Card up to $125 for the Marriott Bonvoy Business® American Express® Card.

Organizations: ~$

☆ 4 ways to make an iconic Super Bowl campaign, according to a creative who's worked with brands like Pepsi and Cheetos
▼ + stars: | 2022-01-24 | by ( Michael Kaminer | ) www.businessinsider.com time to read: +5 min

Goodby Silverstein & Partners' Margaret Johnson broke down what it takes to make a great Super Bowl ad. She said the best Super Bowl ads are funny, boosted everywhere, have purpose, and kept simple. Johnson listed the 2020 Cheetos Super Bowl spot starring Ashton Kutcher and Mila Kunis as a perfect example. Margaret Johnson, chief creative officer and partner, GS&P Goodby Silverstein & PartnersBut what makes a successful Super Bowl ad? She pointed to GS&P's 2020 Cheetos Super Bowl spot that starred a quarantined Ashton Kutcher and Mila Kunis, mugging to Shaggy's hit "It Wasn't Me."

☆ COVID-ситуация в мире: Вакцину «Спутник V» изучают представители ВОЗ и ЕМА
▼ + stars: | 2021-03-06 | by ( ) novostipmr.com time to read: +5 min

Лидером по числу подтверждённых случаев, по данным Университета Джонса Хопкинса, остаются США, где количество выявленных заражённых составляет 33,307 млн человек. Всемирная организация здравоохранения (ВОЗ) и Европейское агентство лекарственных средств (ЕМА) могут одобрить российскую вакцину от коронавируса «Спутник V» в течение ближайших месяцев. Сейчас ВОЗ и ЕМА изучают данные о вакцине в рамках ее сертификации, эффективности, безопасности и качестве. Сербия намерена в ближайшие пять-шесть месяцев произвести 4 млн доз российской вакцины «Спутник V» на своей территории. В Украине за прошедшие сутки зафиксирован 2581 новый инфицированный коронавирусом, госпитализировано 1059 пациентов, умерли 102 человека, выздоровели 9519 украинцев.

Persons: Джо Байден Organizations: Университет Джонса Хопкинса, Всемирная организация здравоохранения (ВОЗ), Европейское агентство лекарственных средств (ЕМА), ВОЗ, ЕМА, ШриЛанка Locations: США, Индия, Бразилия, Евросоюз, ЕС, Венгрия, Словакия, Сербия, Швейцария, Литва, Болгария, Дания, Германия, Греция, Польша, Хорватия, Чехия, ШриЛанки, Вьетнам, Россия, Москва, Московская область, Украина, Киев, Запорожская, Днепропетровская, Львовская, Киевская, Молдова, Приднестровье

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