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 sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation.
If measures of the U.S. economy keep coming in hot, as they did in January, the Federal Reserve will likely have to raise interest rates even higher than it has already signaled — and keep them there longer — Chair Jerome Powell will likely warn in testimony to Congress on Tuesday.
The makers of Toblerone are stripping images of Switzerland's famed Matterhorn and the Swiss flag from the packaging of the milk-chocolate treat as they move some production to Slovakia.
Cheddar News looks ahead to Tuesday as Fed Chair Jerome Powell will testify on Capitol Hill about the central bank's response to inflation. Earnings are also on tap from Dick's Sporting Goods, Stitch Fix and Crowdstrike.
