
How stars aligned for Exxon's $60 billion deal with Pioneer
By Sabrina Valle and David French HOUSTON/NEW YORK Exxon Mobil Corp's resurgence under CEO Darren Woods and the
2023-10-12 18:15

World’s Biggest Bank Forced to Trade Via USB Stick After Hack
On Thursday, trades handled by the world’s largest bank in the globe’s biggest market traversed Manhattan on a
2023-11-10 11:28

Republic Bank Recognized as a Best Online Lender by Newsweek
LOUISVILLE, Ky.--(BUSINESS WIRE)--Oct 25, 2023--
2023-10-26 00:24

Mohamed Al-Fayed: Egyptian tycoon who craved 'Establishment' approval
Few things were beyond the reach of billionaire Egyptian tycoon Mohamed Al-Fayed who has died at...
2023-09-02 05:48

China Growth Target Hangs in Balance While Economists Cut Forecasts
China will just about meet its economic growth target of around 5% for this year, the latest Bloomberg
2023-09-27 07:45

Supreme Court Seeks US Views on Billionaire Ross’s FIFA Suit
The US Supreme Court asked the Biden administration for input on a lawsuit accusing two soccer governing bodies
2023-11-13 23:23

Squeezed out: Bulgaria lavender oil makers fear EU laws
As a successful harvesting season yielding several hundred tonnes of lavender oil wraps up in Bulgaria -- the world's top producer -- the industry's future...
2023-08-27 10:45

UAW workers to get 19% wage hike under Mack Trucks contract deal
Workers will receive a 19% pay hike over five years under an agreement with Volvo Group-owned Mack Trucks
2023-10-05 23:59

Disney’s Iger Has No Regrets About Returning, Despite Challenges
Walt Disney Co. Chief Executive Officer Bob Iger has no regrets about returning to lead the company last
2023-11-29 04:20

Pakistan fuel pump operator association calls national strike for July 22
By Ariba Shahid KARACHI, Pakistan Fuel pump operators across Pakistan are to hold a nationwide strike on July
2023-07-20 21:55

Nautilus Insurance Group Names Rob Petronko Chief Financial Officer
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Oct 16, 2023--
2023-10-16 23:25

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
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