Atwater Brewery donates $50K to create diversity scholarship program at Michigan State University
Atwater Brewery, a craft brewery partner of Molson Coors, announced a $50,000 donation to Michigan State University (MSU) to create an endowed scholarship program known as the Atwater Brewery Student Scholarship.
Stock indexes wobble as investor caution offsets optimism
AdAlthough another day of choppy trading on Wall Street left the major U.S. stock indexes nearly flat Thursday, the S&P 500 and Nasdaq composite still hit all-time highs. The S&P 500 rose 0.2% to 3,916.38. Wall Street is still digesting solid corporate earnings and signs of a decline in new virus cases. The index is up 15.7% so far this year, while the S&P 500 is up 4.3%. Molson Coors fell 9.1% for the biggest decline in the S&P 500 after its profits fell short of expectations because business shutdowns in Europe hurt sales.
AB InBev accuses rival of obtaining secret recipe for Bud Light
Angela Weiss/Getty Images for ANHEUSER BUSCH(CNN) - Anheuser-Busch InBev has accused rival brewer Miller Coors of obtaining the secret recipes for Bud Light and Michelob Ultra, the latest shot in a long-running legal dispute. Miller Coors responded in March with a lawsuit that described the ads as "false and misleading." Last month, the court told Anheuser-Busch InBev to stop using the phrase "no corn syrup" on its packaging. The Miller Coors employee had previously worked for AB InBev. Representatives for Anheuser-Busch InBev did not immediately respond on Friday when asked to provide further details.