The rising trend in nonalcoholic drinks is functionality

The rising trend in nonalcoholic drinks is functionality

Mimi Lam, co-founder and chief executive officer of Superette, arranges cannabis-infused beverages at the Superette Sip ‘N’ Smoke cannabis dispensary in Toronto, Ontario, Canada, on Monday, Oct. 25, 2021.  Della Robbins | Bloomberg | Getty Images More Americans are looking for alcohol alternatives, and beverage makers that tout the health benefits of their drinks are … Read more

Where to take an alcohol-free, sober-curious trip

Where to take an alcohol-free, sober-curious trip

Years ago, the manager of a hotel in Koh Samui, Thailand told me about an unusual booking that he once received during the middle of the night. A traveler had flown his entire family via private jet from Brunei to the Thai island after learning upon landing in Brunei that it is a “dry country” … Read more

Diageo plunges 10% on sales decline, but Guinness a bright spot

Diageo plunges 10% on sales decline, but Guinness a bright spot

John Morrissey serves pints of Guinness at a traditional Irish pub in Dublin on May 21, 2024, in Dublin, Ireland. Nurphoto | Nurphoto | Getty Images Shares of spirits giant Diageo tumbled more than 10% on Tuesday morning, after the Johnnie Walker-maker posted its first sales decline since the start of the pandemic. Shares were … Read more

Britain sees low-alcohol beer sales boom during Euros

Britain sees low-alcohol beer sales boom during Euros

People watch England play Spain in the Euro Cup final shown at the Pub on the Park in London Fields on the 14th of July 2024, London, United Kingdom.  Kristian Buus | In Pictures | Getty Images LONDON — While the European men’s soccer championship ended in gloom yet again for England, the tournament boosted … Read more

Non-alcoholic beer maker Athletic Brewing raises $50 million

Non-alcoholic beer maker Athletic Brewing raises  million

Company founder Bill Shufelt (left) and head brewer John Walker pause at the Athletic Brewing’s non-alcoholic brewery and production plant on March 20, 2019 in Stratford, Connecticut.  Spencer Platt | Getty Images Leading non-alcoholic brewer Athletic Brewing Company announced Tuesday it’s raised an additional $50 million in equity financing in a round led by General … Read more

Wells Fargo (WFC) earnings; CPI, PPI inflation data key in week ahead

Wells Fargo (WFC) earnings; CPI, PPI inflation data key in week ahead

Wall Street finished higher for the holiday-shortened trading week, with tech stocks leading the way. The Dow Jones Industrial Average gained under 1% for the week. The S & P 500 and Nasdaq , which both closed at record highs Friday — rising nearly 2% and 3.5%, respectively, for the week. The first week of … Read more

Cognac makers rally on hints easing of EU-China spat

Cognac makers rally on hints easing of EU-China spat

French President Emmanuel Macron (R) shakes hands with Chinese President Xi Jinping after delivering a joint statement at the Elysee Palace, as part of the Chinese president’s two-day state visit in France, in Paris on May 6, 2024. The French president his Chinese counterpart for a state visit on May 6, 2024, seeking to persuade … Read more

How 6 Club stocks, including Meta and Apple, fared in Piper Sandler teen survey

How 6 Club stocks, including Meta and Apple, fared in Piper Sandler teen survey

Who better than teenagers to know what’s trendy? Piper Sandler has released the spring edition of its semiannual “Taking Stock With Teens Survey,” with solid results for several names in our portfolio. We love scanning the report, which looks at a wide swath of Generation Z, roughly defined as people aged 11 to 26. In … Read more