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In this article SAM Boston Beer CEO David Burwick said Friday the company was surprised by the disappointing second-quarter sales of its Truly hard seltzer, telling CNBC in an interview that management does not “look very smart” after its prior forecast. “The trade-off from grocery and liquor store purchase and consuming at home to bars during
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In this article GFX^ Thomas Barrack, Executive Chairman and CEO, Colony Capital, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 28, 2019 in Beverly Hills, California. Michael Kovac | Getty Images A bail hearing for Thomas Barrack, the private equity investor criminally charged with
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GP: A member of the Tennessee National Guard gathers information at a coronavirus (covid-19) drive thru testing site on April 18, 2020 in Springfield, Tennessee. Brett Carlsen | Getty Images Tennessee’s top health official said Friday that the state is resuming its vaccination advocacy efforts after a “pause” to review marketing materials geared toward teenagers
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California will strengthen the security of the debit cards it uses to issue unemployment insurance and other benefits following a wave of fraud, according to an announcement from the state’s Employment Development Department. The state agency plans to work with Bank of America to start rolling out chip-enabled debit cards to new claimants, as well
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A job seeker fills out an application form during a restaurant and hospitality career fair in Torrance, California, on June 23, 2021. Eric Thayer/Bloomberg via Getty Images State withdrawals from pandemic-era unemployment programs aren’t speeding up the job recovery, according to a new analysis. Twenty-five states have ended their participation in at least some of
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The Netherlands is the world’s second-largest exporter of food. But right now, its livestock sector is facing a controversial environmental challenge: reducing its nitrogen emissions. Along with that, farmers also have some tough longer-term climate change targets to hit. The FT’s Mehreen Khan finds out how they’re tackling the problems and whether their strategies are
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Special forces troops patrol at Prado Avenue following the protests in Cuba, Havana on July 21, 2021. Yander Zamora | Anadolu Agency | Getty Images WASHINGTON – The United States imposed sanctions on Cuba’s defense minister and the communist nation’s special forces brigade for the repression of peaceful protests that broke out on the island
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Mark “Forger” Stucky, after piloting the company’s first successful spaceflight on December 13, 2018. Virgin Galactic Mark “Forger” Stucky, Virgin Galactic‘s flight test director and pilot, is no longer with the space tourism company. “I am now a former Director of Flight Test and former SpaceShipTwo pilot,” Stucky wrote in a post on LinkedIn. He
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Michael Avenatti, attorney and founding partner of Eagan Avenatti LP, arrives to federal court in Santa Ana, California, U.S., on Tuesday, July 20, 2021. Bloomberg | Bloomberg | Getty Images Once-prominent attorney Michael Avenatti said on Thursday that he will appeal his sentence and conviction for the attempted extortion of Nike. Avenatti, who gained fame
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