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The Latest Breaking News from AnheuserBusch

Anheuser-Busch CEO Makes Yet Another Confusing Statement On the Company's LGBTQ+ Stance

The company has had a rough year with its Bud Light brand and a new interview with CEO Brendan Whitworth is not helping quell the controversy.

The Street

Anheuser-Busch will pay you $15 to drink Bud Light this July 4th

This Independence Day, Bud Light wants you to have a beer on the house and forget all about the boycott staged following a controversial Dylan Mulvaney promotion.

Fortune

Constellation Brands Tops Earnings On Strong Modelo Beer Sales, But STZ Stock Fizzles

Constellation Brands beat Q1 earnings forecasts Friday on strong Modelo beer sales. But STZ stock eased premarket after results.

Investors Business Daily

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DeSantis Takes a New Shot At Disney As 'Woke' War Continues

The right-wing presidential candidate and Florida governor has made some big claims as he pushes his so-called "war on woke."

The Street

Pride collection backlash has derailed retailers, but LGBT designers are more empowered than ever

Conservative outrage forced some retailers to remove Pride Month collections from their stores, many of which were made by queer business owners. One company has yet to financially recover from the backlash, but it’s the LGBT+ designers who remain undefeated, Meredith Clark writes

The Independent UK

Bud Light to give away $10,000 every week in Hail Mary gamble to win back customers

The Anheuser-Busch brand is splashing out big this season in a Hail Mary gamble to claw back market share before it’s potentially lost permanently.

Fortune

Don't Let Culture Wars Weaken the Financial System

In California, officials are pushing pension funds to divest from fossil fuels, firearms manufacturers, and tobacco companies. Red states are retaliating. This is madness.

Reason

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Bud Light only has itself to blame for sales plunge after caving to 'extremist bullies,' argues main LGBTQ advocacy group GLAAD

“Companies that did back down to bullies actually saw this escalate,” GLAAD boss Sarah Kate Ellis said on CNBC.

Fortune

Anheuser-Busch Upgraded To Buy, Even If Bud Light Sales Never Fully Recover

Deutsche Bank upgraded Anheuser-Busch stock Thursday saying the worst of the Bud Light boycott is over, even if sales never fully recover.

Investors Business Daily

Minneapolis gay bar drops Anheuser-Busch products ahead of Pride

MINNEAPOLIS — Longstanding downtown Minneapolis gay bar The Saloon will no longer sell Bud Light or other Anheuser-Busch beverages because of how the beer brand handled backlash from a marketing campaign involving a transgender influencer.

Tribune News Service

Bud Light Loses Title As Top Beer; Anheuser-Busch Plans To Prop Up Brand

Bud Light lost its title as the top beer in the U.S. while Anheuser-Busch plans to prop up the brand. Mark Cuban weighs in on "woke" businesses.

Investors Business Daily

Anheuser-Busch offers to pay distributors, wholesalers hurt by plunging Bud Light sales

Anheuser-Busch, in an effort to soften the blow from a more than two-month boycott of Bud Light, on Thursday announced it would provide financial assistance to its distributors, wholesalers and other partners.

St. Louis Post-Dispatch

Bud Light loses its spot as US' top beer

But is Anheuser-Busch still winning in the end?

Salon

Bud Light is not the bestselling beer in America for the first time in 2 decades

ST. LOUIS — After a 22-year reign as the bestselling beer in America, Bud Light slipped to No. 2 in the month of May.

St. Louis Post-Dispatch

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Axios

Bud Light is no longer America’s top selling beer after Dylan Mulvaney boycott

The beer brand was knocked from the top spot it has held for over two decades.

Evening Standard

Why is Bud Light being boycotted? Timeline of events

The Anheuser-Busch brand swas heavily criticised after launching a collaboration with a transgender influencer

Fortune

Mark Cuban pushes back on Bud Light controversy

The Dallas Mavericks owner says consumers want to do business with companies that care about their customers.

The Street

Garth Brooks Takes a Bold Stand on the Bud Light Controversy

The country legend has made his position very clear when it comes to how he approaches this topic (and not all his fans will like it).

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Fortune

Brands that get caught up in the culture wars don’t know themselves–or their customers

What insights did other CEOs gain from the prolonged Bud Light uproar? Apparently, not much.

The Guardian - US

Parades but no public posts: which brands are supporting Pride in the wake of backlash?

As Target, Bud Light, Starbucks and others face threats and boycotts, here’s what other top US brands have planned

Fortune

Bud Light may only have months to stem sustained market share loss

Sales expert Anson Frericks argued a September reset could end up with retailers allocating more shelf space for rival beer brands following a Bud Light boycott.

The Street

Grindr CEO Explains How to Navigate Pride After the Bud Light Controversy

George Arison, CEO of Grindr, discusses how companies can allies outside of just Pride Month.

The Independent UK

Pride becomes a minefield for big companies, but many continue their support

Dozens of big companies from Delta and Coca-Cola to Walmart are sponsoring LGBTQ+ Pride events and displaying racks of Pride-themed merchandise

The Street

There’s More Bad News for Disgruntled Bud Light Consumers

Try to find a beer brand that doesn't participate in Pride events. We'll wait!

The Street

Bud Light Announces New Initiative With LGBTQ+ Business Owners Despite Boycott, Loss of Sales

It's unclear where the company really stands on this issue.

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