Business

Woke Anheuser-Busch loses $5 billion in value amid Dylan Mulvaney partnership

Amid Anheuser-Busch Inbev SA’s Bud Light partnership with leftist transgender advocate Dylan Mulvaney, the company’s stock value has taken a turn for the worst, with its market capitalization before news of the partnership being at $132.38 billion. Now, the stock’s …

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Morgan Stanley predicts economic crash worse than 2008 for key industry

In a new report released by Morgan Stanley Wealth Management, the company’s chief investment officer, Lisa Shalett, is predicting a worse economic crash than the 2008 financial crisis in commercial real estate. Shalett wrote, “Commercial real estate, already facing headwinds …

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President Trump applauds 90% effective Pfizer COVID-19 vaccine as stock futures skyrocket

On Monday, Pfizer and BioNTech announced that their COVID-19 vaccine is 90% effective, calling it “a great day for science and humanity.” The announcement came as medical experts, such as Dr. Anthony Fauci, have said a vaccine that is 50-60% …

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‘JOBS, JOBS, JOBS!’—Trump praises huge market recovery as Dow jumps 400+ points

On Tuesday, stock markets snapped back after a 600-point drop due to concerns about the deadly coronavirus originating in China. The recovery was somewhat due to Tesla’s soar after billionaire investor Ron Baron told CNBC that the electric-vehicle maker’s revenue …

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