Investors are monitoring the back and forth over the debt ceiling vote as the deadline nears, American Airlines lifted its outlook as demand rebounds, Target and Bud Light continue to see customer and investor backlash. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
CEO Jamie Dimon on Wednesday warned"uncertainty" caused by the Chinese government could hurt investor confidence at home and abroad, and said the U.S. and China need"real engagement" on security and trade issues.
"If you have more uncertainty, somewhat caused by the Chinese government . . . it’s going to not just change foreign direct investment. It’s going to change the people here, their own confidence to invest,"The world's second-largest economy is emerging from three years of pandemic lockdowns, but the recovery has been uneven. China's factory activity shrank faster than expected in May on weakening demand, according to data released on Wednesday.
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The ESG empire strikes back following Bud Light embarrassmentThe Wall Street Journal ran a deep dive article last week exploring “how Bud Light blew it,” but it somehow missed the most important part of the story.
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Photo of 18-pack of Bud Light selling for $2.99 mocked'The desperation is real,' Twitter Spaces host Tara Bull wrote on Twitter as backlash against the beer company continues.
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Bud Light troubles prompt buy calls for Boston Beer, Constellation BrandsBud Light's recent troubles should worsen in the summer, enough to turn Roth MKM bullish on the stocks of Constellation Brands and Boston Beer.
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Bud Light, Target, and a New Era of Corporate CautionManagement scholar Daniel Diermeier on the unusually effective boycotts of touchstone American brands.
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Bud Light sales drop 29.5 percent in latest week since boycott callsThe beer brand's sales appear to be continuing to contract compared to 2022 after a backlash over its partnership with Dylan Mulvaney.
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Donald Trump's Pride merchandise resurfaces amid Target, Bud Light backlashThose calling for a boycott of brands supportive of the LGBTQ+ community have been accused of hypocrisy over the former president's rainbow MAGA merch.
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