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Metaverse has set off no alarms or need for controls yet - EU's Vestager
Metaverse has set off no alarms or need for controls yet - EU's Vestager
By Foo Yun Chee BRUSSELS (Reuters) -The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns
2023-07-06 20:19
US states relax child labor laws amid rise in illegal work
US states relax child labor laws amid rise in illegal work
Working in industrial laundries at age 14, laboring up to 35 hours a week on top of school -- some US states are relaxing the barriers to employing...
2023-09-22 09:57
Anheuser-Busch boss says no regrets over Dylan Mulvaney’s Bud Light ad despite uproar on right
Anheuser-Busch boss says no regrets over Dylan Mulvaney’s Bud Light ad despite uproar on right
The CEO of Anheuser-Busch InBev, the parent company of Bud Light, said the beer should be about bringing people together after it faced months of backlash following its brief partnership with transgender influencer Dylan Mulvaney. In an appearance Wednesday on the programme CBS This Morning, CEO Brendan Whitworth said the company has become entangled in “divisive” conversations it should not be a part of. “I think the conversation surrounding Bud Light has moved away from beer, and the conversation has become divisive,” Mr Whitworth said. “And Bud Light really doesn’t belong there. Bud Light should be all about bringing people together.” At the moment, that is not what’s happening. Bud Light last month lost its spot at the top of the beer sales charts to Modelo as some conservative customers continue to boycott the beer following the advertisements featuring Ms Mulvaney. Mr Whitworth declined to answer directly when asked whether the campaign featuring Ms Mulvaney was a mistake. “There’s a big social conversation taking place right now, and big brands are right in the middle of it and it’s not just our industry or Bud Light,” Mr Whitworth said. “It’s happening in retail, happening in fast food. And so for us what we need to understand — deeply understand and appreciate — is the consumer and what they want, what they care about, and what they expect from big brands.” Despite being given ample opportunity to do so, Mr Whitworth did not directly defend the corporation’s decision to partner with a trans influencer or to support the trans community more broadly at a time when that community is facing a barrage of legislation targeting its rights in states across the country. “Bud Light has supported LGBTQ since 1998, so that’s 25 years,” Mr Whitworth said. “And as we’ve said from the beginning, we’ll continue to support the communities and organisations we’ve supported for decades. But as we move forward, we want to focus on what we do best: which is brewing great beer for everyone.” The controversy over corporations’ politics is not limited to Bud Light. Disney, Target, Nike and a number of other brands have also been the target of the right’s ire in recent years for taking stances on social issues at odds with conservatives. Target recently announced its decision to remove some Pride month merchandise from its stores after facing criticism from conservatives for its relative support of the LGBTQ+ community. The Starbucks Workers Union, meanwhile, accused Starbucks of restricting Pride decorations from certain stores. Read More I came out as a teen in the 90s — there’s still a long road ahead for LGBT+ youth Starbucks workers at 150 stores to strike over alleged ban on Pride decor
2023-06-29 09:47
Walker & Dunlop Continues to Invest in its Affordable Platform with the Addition of an Affordable Equity Finance Expert
Walker & Dunlop Continues to Invest in its Affordable Platform with the Addition of an Affordable Equity Finance Expert
BETHESDA, Md.--(BUSINESS WIRE)--Oct 23, 2023--
2023-10-23 18:45
Treasuries Jump on Dovish Fed Comments, Middle East Conflict
Treasuries Jump on Dovish Fed Comments, Middle East Conflict
Treasuries jumped the most since March after Federal Reserve officials made dovish comments and conflict in the Middle
2023-10-10 09:50
ECB Policymakers Attack Euro Area’s Big-Spending Governments
ECB Policymakers Attack Euro Area’s Big-Spending Governments
Euro-area governments are choosing not to pursue budgetary policies that support the European Central Bank’s efforts to tame
2023-10-07 20:55
Biden, McCarthy to hold pivotal meeting on debt ceiling as time to resolve standoff grows short
Biden, McCarthy to hold pivotal meeting on debt ceiling as time to resolve standoff grows short
President Joe Biden and House Speaker Kevin McCarthy have a pivotal meeting coming up on the impasse over the debt ceiling
2023-05-22 12:23
Landmark First Bank building in Philadelphia to be renovated and will become a museum
Landmark First Bank building in Philadelphia to be renovated and will become a museum
The landmark First Bank of the United States in Philadelphia, subject of a fierce debate in the early years of the American republic, will be getting a $22.2 million renovation as part of a planned transformation into a museum
2023-07-12 03:20
Exclusive-Meta to lay off employees in metaverse silicon unit on Wednesday
Exclusive-Meta to lay off employees in metaverse silicon unit on Wednesday
NEW YORK Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality
2023-10-04 02:45
e.l.f. Beauty Announces Definitive Agreement to Acquire Naturium
e.l.f. Beauty Announces Definitive Agreement to Acquire Naturium
OAKLAND, Calif.--(BUSINESS WIRE)--Aug 29, 2023--
2023-08-29 19:19
Futures rise in run-up to key inflation data
Futures rise in run-up to key inflation data
U.S. stock index futures rose on Thursday ahead of key inflation data later in the day that could
2023-08-10 18:24
Li Auto’s Revenue Beats Forecast With Over 105,000 EVs Sold
Li Auto’s Revenue Beats Forecast With Over 105,000 EVs Sold
Li Auto Inc. reported better-than-expected revenue after delivering more than 105,000 electric vehicles in the third quarter, up
2023-11-09 22:49