Anheuser-Busch InBev Launches Incubator for Sustainable Start-Ups
*By Bridgette Webb*
The world's largest brewer, AB InBev, is about more than beer.
The company, which owns major brands including Budweiser, Corona, and Stella Artois, recently announced its "100+ Accelerator," a program for start-ups working on the most pressing global issues ー from clean water to climate change.
"We had a robust plan on how we were going to achieve those goals, but we knew we couldn't do it alone," Maisie Devine, the global director of the initiative, said Monday in an interview with Cheddar.
"We needed to go to the market to engage innovators, entrepreneurs, and technologists to see what other solutions were out there that we could quickly test, prove, and then scale," she said.
The investment pairs with AB InBev’s ($BUD) commitment to its 2025 [Sustainability Goals](https://www.ab-inbev.com/sustainability/2025-sustainability-goals.html).
Among other goals, the brewer has pledged to reduce its carbon emissions by 25 percent and have 100 percent of its products in packaging that is returnable or made from mostly recycled content by 2025.
The move comes amid heightened concerns about the threat of climate change.
The United Nations issued a report last week that warned the planet is on a catastrophic path unless carbon emissions are dramatically slashed by 2030.
Devine said that now is the time for companies to really get involved in the effort.
"These are shared challenges," she said. "It's the time for us to enter the market. We can really push change, we can implement solutions quickly and effectively."
The problem is not just for government to solve. "It's time for the private sector to play its part as well," she said.
For full interview [click here](https://cheddar.com/videos/ab-inbevs-new-accelerator-program).
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
Online broker Robinhood Markets will join the S&P 500 index Online broker Robinhood Markets will join the S&P 500 index as its stock rides higher on a cryptocurrency wave.
Trump wants interest rates to plummet to make borrowing cheaper and boost growth. Fed chair Jerome Powell and his allies say not so fast, they need to bala