Bud Light sales plunged after boycott over campaign with transgender influencer, company reveals
Anheuser-Busch Inbev reported a drop in U.S. revenue in the second quarter as Bud Light sales plunged amid a conservative backlash over a campaign with transgender influencer Dylan Mulvaney. The world’s largest brewer said Thursday that revenue in the United States declined by 10.5% in the April-to-June period from a year earlier, المزيد
WWE boss Vince McMahon hit with federal grand jury subpoena and search warrant, company reveals
Federal law enforcement agents executed a search warrant on World Wrestling Entertainment boss Vince McMahon last month and served him with a federal grand jury subpoena, the company disclosed Wednesday. The actions represent an escalation of an ongoing investigation into allegations that McMahon paid millions of dollars over the years to women after being accused of sexual misconduct. المزيد
Bud Light maker Anheuser-Busch to lay off hundreds of employees, company says
Anheuser-Busch, the parent company of Bud Light, announced it would be laying off some 350 employees, many of them corporate positions, as it seeks to recover from the fallout over a campaign involving a trans influencer. In a statement reported by multiple outlets, the company said Wednesday that the layoffs المزيد
New company will help Madinah’s Ajwa dates reach new heights, industry experts say
MAKKAH: The decision by Saudi Arabia’s sovereign wealth fund to establish a company dedicated to Ajwa dates, a premium variety grown mainly in and around Madinah, is expected to significantly improve the production and quality of the traditional crop, industry experts said. Al-Madinah Heritage Co., the new business being set المزيد