Constellation Brands exceeds earnings expectations as Modelo-fueled beer momentum persists. Constellation Brands reported earnings and revenue for its fiscal second quarter of 2024 that exceeded analyst expectations on Thursday. The Mexican beer giant, proprietor of the Modelo Especial and Corona Extra brands, reported double-digit sales growth in its beer division, which continues to dominate the overall beer and premium beer categories. Meanwhile, wine and liquor sales slowed. Read more: European airline SAS plummets 95% following reorganization The company raised its earnings per share forecast for fiscal 2024 to $9.60 to $9.80, up from a previous range of $9.35 to $9.65.…
Author: Emilye
How Tropical Storm Philippe could affect the weekend weather in the Northeast. Tropical Cyclone Philippe is expected to bring a dreary weekend to the Northeast, along with a slug of tropical moisture that will increase the risk of flooding rainfall in a region repeatedly drenched in recent weeks. The hurricane is located north of the Caribbean and far from the U.S. mainland. But its projected trajectory has echoes of Hurricane Lee in September when the much-weakened system brought strong winds and rain to parts of the Northeast and Canada. Read more: How Tropical Storm Philippe could affect the weekend weather…
Grimes files suit against Elon Musk for parental rights. Grimes has filed a lawsuit against Elon Musk, her on-and-off boyfriend, to establish parental rights over their three children together. It was reported by several media outlets on September 29 in San Francisco that Grimes, whose birth name is Claire Boucher, had submitted a petition to establish a parental bond. Even though the file is under seal, Vulture has contacted Grimes’s attorney and representatives for all parties. Although this is a standard procedure for unmarried parents in the legal system, it is essential to note that Grimes has not asked for…
European airline SAS plummets 95% following reorganization. As markets opened on Wednesday, shares of Scandinavian airline SAS plummeted 95% after the company announced a restructuring agreement that will result in its delisting. Shares were down approximately 83% at 7:26 a.m. ET, representing a reduction in losses. Read more: The number of employment openings in the United States increased unexpectedly in August. The airline announced on Tuesday that U.S. investment firm Castlelake and fellow aviation company Air France-KLM will become the airline’s new principal shareholders, holding approximately 32% and 20% of the company, respectively. SAS estimates that the Danish government will…
The driver may have become unwell before the fatal Venice bus accident. Wednesday, Italian authorities were investigating the cause of a horrific accident involving a bus carrying foreign tourists on the outskirts of Venice in which 21 people, including several children, were killed and 15 others were injured. Tuesday night in the Mestre district, the electric bus crashed through the guardrail and off a flyover, striking the ground more than 10 meters (33 feet) below and taking fire. Read more: The Pope has signaled his willingness to bless homosexual couples and to investigate women’s ordination. According to Michele Di Bari,…
Brian Daboll discusses interaction with Daniel Jones on the sidelines. Monday night, cameras captured Giants head coach Brian Daboll speaking animatedly to quarterback Daniel Jones as he exited the field following a game-winning, full-field interception return for a touchdown. Daboll was subsequently observed displaying Jones an image on a tablet before tossing it as he walked away. On the tablet, what was Daboll attempting to show Jones? Read more: Former Red Sox knuckleballer Tim Wakefield died at age 57. In response to this query, Daboll told reporters, “I was attempting to show him, to see what he thought, and then…
The number of employment openings in the United States increased unexpectedly in August. According to new data released Tuesday by the Bureau of Labor Statistics, the number of job openings at US employers suddenly surged in August, a testament to the sustained strength of the labor market. According to the most recent Job Openings and Labor Turnover Survey (JOLTS) report from the Bureau of Labor Statistics, there were 9.61 million job openings in August. This is an increase from the upwardly revised estimate of 8.92 million starts in July. Read more: Fast-food drive-thru lanes are becoming faster as fewer drivers…
The Pope has signaled his willingness to bless homosexual couples and to investigate women’s ordination. In what could be a watershed moment for the global Catholic Church, Pope Francis has expressed tolerance to Catholic blessings for same-sex couples on the condition that they are not confused with marriage ceremonies for men and women. Francis has also implied that the controversial issue of women’s ordination to the priesthood, which Pope John Paul II banned in 1994, may be open to further investigation. Read more: Strongman Robert Fico’s return to power in Slovakia Francis wrote in a letter dated September 25 and…
Former Red Sox knuckleballer Tim Wakefield has died at the age of 57. Tim Wakefield, the knuckleballing workhorse of the Red Sox pitching staff who returned after surrendering a season-ending home run to the Yankees in the 2003 postseason to help Boston win the World Series the following season, has passed away. He was 57 years old. Sunday, the Red Sox announced his passing in a statement. Wakefield had brain cancer, according to former teammate Curt Schilling, who revealed the diagnosis in a podcast without Wakefield’s permission last week. At the time, the Red Sox confirmed Wakefield’s illness but did…
Fast-food drive-thru lanes are becoming faster as fewer drivers wait in line. According to an annual study released on Monday by Intouch Insight, fewer consumers order their fast-food meals and milkshakes while sitting in their vehicles. This year, the average time spent in a drive-through lane decreased by 29 seconds. The average number of cars in the queue to place an order decreased from 2.76 to 1.36, resulting in a 25-second decrease in wait times. Read more: The largest crypto exchange in the world leaves Russia. Nearly 1,500 locations of Arby’s, Burger King, Carl’s Jr., Chick-fil-A, Dunkin’, Hardee’s, KFC, McDonald’s,…