NYSE celebrates its 94th annual Christmas tree lighting on Thursday. Budweiser's Vice President of Marketing Ricardo Marques explains how the company is getting in the holiday spirit during this celebration.
Budweiser brought one of its iconic Clydesdale horses to the New York Stock Exchange for this 94th annual celebration. Marques says the original Clydesdale made its first appearance in 1933 as a gift from August A. Busch, Jr. and Adolphus Busch to their father to celebrate the repeal of prohibition.
Marques says Budweiser is ramping up marketing for this holiday season around the theme of prohibition by offering a pre-prohibition recipe. This month, Budweiser also announced it is working with the International Space Station to send and study barley into space in December. Marques says this is a step toward Budweiser's goal to become the first beer on Mars.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
