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Category: Business

Cans of Budweiser brand beer are pictured at a liquor store in Washington, D.C. U.S., September 1, 2024. REUTERS/Daniel Becerril/File photo

Budweiser-maker AB InBev to invest $300 million in US facilities

The Budweiser maker also announced the launch of a new plant in Columbus, Ohio.

Read More Budweiser-maker AB InBev to invest $300 million in US facilities
A United States Postal Service (USPS) collection box is pictured in Washington, U.S., December 18, 2024. REUTERS/Benoit Tessier/File photo

US Postal Service reports $3.3 billion quarterly net loss

The USPS reported a net loss of $3.3 billion for the three months ending March 31 it continues to hike stamp prices and look at ways to cut costs.

Read More US Postal Service reports $3.3 billion quarterly net loss
A screen shows the timetable at the Newark Liberty International Airport during the busiest travel day, the day before the U.S. holiday of Thanksgiving in Newark, New Jersey, U.S., November 27, 2024. REUTERS/Eduardo Munoz/File Photo

FAA taking immediate steps to address flight woes at Newark

The FAA said it is taking immediate steps to address ongoing woes that have disrupted hundreds of flights at Newark Liberty International Airport.

Read More FAA taking immediate steps to address flight woes at Newark
A Burger King logo is seen on the facade of a restaurant in Mexico City, Mexico July 24, 2024. REUTERS/Henry Romero/File Photo

Burger King must face lawsuit over Whopper ads

Burger King must face a lawsuit claiming it misleads customers with advertisements that make its Whopper sandwich and other products appear larger than they are.

Read More Burger King must face lawsuit over Whopper ads
The outside of a Skechers shoe store is seen at Times Square in New York May 2, 2014. REUTERS/Shannon Stapleton/File Photo

Skechers to be taken private for $9.42 billion in biggest footwear industry deal

Investment firm 3G Capital has offered $63 per Skechers share in cash, the footwear brand said on Monday.

Read More Skechers to be taken private for $9.42 billion in biggest footwear industry deal
FILE PHOTO; A Kohl's Department store is shown in Encinitas, California October 28, 2014. Kohl's reported their earnings on Tuesday. REUTERS/Mike Blake/File Photo

Kohl’s fires new CEO for personal relationship with a vendor

Kohl’s said it had fired CEO Ashley Buchanan after little more than 100 days in the CEO job.

Read More Kohl’s fires new CEO for personal relationship with a vendor

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