*By Christian Smith*
You may find yourself wondering what ice-cold beer to order at your next happy hour, but MillerCoors is already planning its new brews for 2021.
"We're always years in advance," said the company's Senior Manager of Innovations, Jason Pratt, in an interview on Cheddar Wednesday.
While Pratt wouldn't go into specifics, he did say that the company is eyeing potential opportunity outside of the traditional beer space. MillerCoors recently partnered with artisanal tea company Clearly Kombucha.
"We're really excited about that and what possibilities that might open up for us," Pratt said. "Beer can be so many different things, and I think that's what makes it exciting."
When it comes to the beers that people are throwing back right now, Pratt says IPAs and "easier-to-drink beers" like American lagers and pilsners are leading sales growth.
The rise in popularity of those beers versus others has led to a rapid increase in American producers. In the past five years the number of breweries in the U.S. rose from less than 2,500 to more than 6,300, according to the [Brewer's Association.](https://www.brewersassociation.org/statistics/number-of-breweries/) That competition, in Pratt's opinion, is great for the beer industry.
"We honestly welcome the competition," Pratt said. "It's great to see because it means the industry is getting healthy, and people are really starting to appreciate beer."
For the full segment, [click here.](https://cheddar.com/videos/how-millercoors-decides-what-new-beer-to-brew-next)
Direct deposit delays due to a human error that happened last week have resulted in some customers still not receiving their paychecks.
Nestle is reportedly investing $100 million in food delivery startup Wonder Group.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
Nike is suing two of its competitors for alleged patent infringement.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
WeWork has filed for Chapter 11 bankruptcy protection.
Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.
WeWork officially has filed for bankruptcy.
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director of military lending with UMortgage, explains how a VA loan works, its benefits and what's involved in the process of purchasing a home.
