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New Binance CEO Teng’s First Job Is to Avert Customer Exodus
New Binance CEO Teng’s First Job Is to Avert Customer Exodus
Mollify 150 million potentially jittery users, placate belligerent US regulators and keep high-profile founder Changpeng Zhao onside. These
2023-11-22 14:58
HIBEGONE: The First Product That Can Get Rid of the Effects of THC in 15 Minutes
HIBEGONE: The First Product That Can Get Rid of the Effects of THC in 15 Minutes
LOS ANGELES--(BUSINESS WIRE)--Aug 22, 2023--
2023-08-22 21:23
Graforce and Worley to Jointly Scale Methane Electrolysis Technology in APAC
Graforce and Worley to Jointly Scale Methane Electrolysis Technology in APAC
BERLIN--(BUSINESS WIRE)--May 14, 2023--
2023-05-15 08:20
Santander UK Approached on Possible Metro Bank Bid, Sky Says
Santander UK Approached on Possible Metro Bank Bid, Sky Says
Santander UK is among the lenders approached by regulators about a possible bid for Metro Bank Holdings Plc,
2023-10-09 01:19
Britain’s Iconic Hunter Boot Collapses, Blaming Brexit, Inflation and Unseasonably Warm Weather
Britain’s Iconic Hunter Boot Collapses, Blaming Brexit, Inflation and Unseasonably Warm Weather
Hunter’s Wellington boots were the rare product that could unite Britain—from the royal family to pop stars, from
2023-06-21 03:48
Thai central bank holds key rate steady, trims growth outlook
Thai central bank holds key rate steady, trims growth outlook
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand's central bank left its key interest rate unchanged on Wednesday as
2023-11-29 15:53
Niman Ranch Statement on U.S. Supreme Court Decision to Uphold Proposition 12
Niman Ranch Statement on U.S. Supreme Court Decision to Uphold Proposition 12
WESTMINSTER, Colo.--(BUSINESS WIRE)--May 11, 2023--
2023-05-12 02:55
S3 Sues Ion Group Affiliate Over Unpaid Capital Call
S3 Sues Ion Group Affiliate Over Unpaid Capital Call
An affiliate of Ion Group, the Irish financial software behemoth whose derivatives trading arm was hacked this year,
2023-06-30 02:20
US steps up crackdown on crypto with lawsuits against Coinbase, Binance
US steps up crackdown on crypto with lawsuits against Coinbase, Binance
By Jonathan Stempel, Hannah Lang and John McCrank NEW YORK The top U.S. securities regulator sued cryptocurrency platform
2023-06-07 07:18
Wanda Executive Taken Away by China’s Police, Local Media Says
Wanda Executive Taken Away by China’s Police, Local Media Says
A senior executive of Dalian Wanda Group Co. was taken away by police in China, according to a
2023-08-08 13:52
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
Analysis - Italy's race for savers' cash could threaten bank profits
Analysis - Italy's race for savers' cash could threaten bank profits
By Valentina Za and Sara Rossi MILAN Italy will launch a new bond aimed at retail investors next
2023-05-30 22:56