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America's Beer Slump Summed Up In One Chart
America's Beer Slump Summed Up In One Chart
Bank of America analysts spot a sobering milestone for America's beer industry: shipments are on track to fall below 1980 levels this year as stretched household budgets collide with changing drinking habits. The explosion of GLP-1 drug demand, cannabis products, and growing health concerns about booze are adding pressure on demand. BofA consumer staples analysts led by Peter Galbo outlined three key industry takeaways in a Tuesday note following their attendance at the annual Beer Insights Seminar, hosted by Beer Marketer's Insights (BMI)...
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Sep 30, 2026 / Tyler Durden
Battleground Democrats Are Snubbing Two 2028 Presidential Contenders
Battleground Democrats Are Snubbing Two 2028 Presidential Contenders
Democratic candidates in several of this fall's most competitive House and Senate races are keeping Rep. Alexandria Ocasio-Cortez (D-N.Y.) and former Vice President Kamala Harris off their campaign trails - even though both women rank among the party's leading prospects for the 2028 presidential nomination.
The Democratic bench for 2028 includes Harris, California Gov. Gavin Newsom, former Transportation Secretary Pete Buttigieg, Ocasio-Cortez, Georgia Sen. Jon Ossoff and Arizona Sen. Mark Kelly. Two of those six are women of color, from the demographic the party...
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May 8, 2026 / Tyler Durden
Taiwan Semiconductor April Sales Grow At Slowest Pace In 6 Months
Taiwan Semiconductor April Sales Grow At Slowest Pace In 6 Months
Taiwan Semiconductor, world's largest dedicated independent semiconductor foundry, posted its slowest pace of monthly revenue expansion since October, highlighting the challenges of sustaining torrid AI-fueled pace of growth.
Sales in April rose 17.5% to NT$410.7 billion ($13.1 billion), their smallest rise in about six months. While the rise reflects just 30 days of business and its revenue can fluctuate month-to-month, the drop was notable; analysts expect the company’s June-quarter revenue to grow almost twice as fast, or at about 35%...
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Jun 13, 2026 / Tyler Durden
"Tell Him He's A Piece Of Shit": Employee Hijacks Meta Meeting In AI Revolt
"Tell Him He's A Piece Of Shit": Employee Hijacks Meta Meeting In AI Revolt
Earlier this week, a routine livestreamed Meta meeting descended into open revolt.
During a presentation open to thousands of employees, one participant suddenly interrupted the speakers with a profanity-laced outburst, according to WIRED. The employee declared they felt like "the company's bitch" and demanded that the people leading the call write to a specific Meta AI executive and "tell him that he's a piece of shit."
One presenter reportedly covered their face with their hands. Moderators asked...
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