From Struggle to Success: How Brooklyn Brewery Went International
Cheddar catched up with Brooklyn Brewery co-founder and chairman Steve Hindy at the Cornell Entrepreneurship Summit in New York. Hindy tells us all about his incredible career path from Middle East war correspondent at the Associate Press to co-founding one of the top craft breweries in the country. Hindy says he was inspired by home brewers he met in Cairo before joining the movement himself.
Plus, we also break down the company's thriving international business. Hindy tells us why such a local brand is catching on overseas. Plus, Hindy gave Cheddar a look at the company's 2017 business figures, including how the brewery is set to produce more than 300,000 barrels of beer.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.