USA | The Trust appears to believe the owner of Bud Light is poised for a comeback, recently paying USD 95 million to buy 1.7 million shares of AB-InBev.

USA | The controversy around the Bud Light promotion with a transgender activist in April continues to weigh on sales for the brand. If you are waiting for the big Bud Light recovery, you may not want to hold your breath.

USA | So AB-InBev got rid of several craft beer brands which were plunging. But what will Canadian cannabis company Tilray do with them?

USA | The Brewers Association’s Midyear 2023 survey results, which were released on 10 August, show a low single-digit decline of 2 percent in craft beer sales in the past six months. The BA considers this a sign of the craft beer market entering into an era of maturity.

USA | What can it mean? Mentions of environmental, social and governance (ESG) issues during companies’ earnings calls have declined. Perhaps Bud Light’s partnership with trans influencer Dylan Mulvaney, which sparked boycotts and tanked the beer’s sales, served as a warning to other firms.

The Netherlands | Heineken cut its 2023 profit growth forecast on 31 July after an economic slowdown in Vietnam and unprecedented price hikes squeezed sales volumes, depressing first-half earnings by more than expected.

USA | A host of investors have expressed an interest in buying some or all of San Francisco’s Anchor brewery, following the recent news of its closure after 127 years in business.

USA | The Florida governor and 2024 Republican presidential candidate hopes to use the levers of government to go after a megabrand he has singled out for its supposed “wokeness”: Bud Light. In a letter, which became public on 20 July, Ron DeSantis urged the state’s pension fund manager to explore a lawsuit against Bud Light’s parent company.

USA | AB-InBev announced a corporate restructuring at its US unit Anheuser-Busch (A-B) that will see just under 2 percent of its workforce laid off, the website brewbound.com reported on 26 July. Some 380 jobs could be affected.

USA | The Florida governor and 2024 Republican presidential candidate hopes to use the levers of government to go after a megabrand he has singled out for its supposed “wokeness”: Bud Light. In a letter, which became public on 20 July, Ron DeSantis urges the state’s pension fund manager to explore a lawsuit against Bud Light’s parent company.