on Tuesday that JPMorgan analysts expect U.S. profits at Anheuser-Busch InBev, Bud Light’s parent company, to fall 26% this year. The analysts wrote, “We believe there is a subset of American consumers who will not drink a Bud Light for the foreseeable future.”
Disney has tried to distract from its decidedly leftist turn by pointing the finger at DeSantis for its decision to cancel plans to build a $1 billion office complex that would have added 2,000 jobs in the state. But the decision may have had more to do with the company’s suboptimal financial condition than its attempts to hit back at the governor. CNNthat Disney, “along with the broader media industry, is grappling with a difficult advertising environment and a massive writers strike.
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