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Alcohol and soft-drink companies pivot to pot
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Disney shares rise after Barclays upgrades rating, citing company's pivot to streamingBarclays bumped up its rating on Disney shares to overweight from equal weight on Friday, pointing to the company's shift to provide an over-the-top media service as a new spark for growth.
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The iced-tea company that pivoted to blockchain is finally going all in on blockchainLong Blockchain, formerly Long Island Ice Tea Corp., announced the sale of its ready-to-drink tea business
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Health organizations call for taxes and limits marketing sugary soft drinks to childrenFor the first time the American Academy of Pediatrics and the American Heart Association endorsed enforcing taxes on sodas, among other precautions, in an effort to reduce children's consumption of sugary drinks.
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Monkeys who drank alcohol during adolescence had slower brain growth than their peers, study findsScientists worry that teenage drinking could affect brain development.
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Theresa May’s soft-Brexit pivot has three barriersThe prime minister offered to strike a deal with the opposition Labour party to avoid crashing out of the EU. Its leader Jeremy Corbyn may refuse to help, her own party might revolt, and Europe could reject another extension. A chaotic Brexit is less likely, but still possible.
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Coca-Cola sales, profit beat on strong demand for water, soft drinksCoca-Cola Co beat estimates for quarterly sales and profit on Tuesday, as it sol...
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People are drinking more alcohol, and bingeing is more common, study saysBy 2030, half of the world's adults will drink alcohol, up from 45% in 1990, while nearly a quarter (23%) will binge drink at least once a month, compared with just 18.5% who did so in 1990, new research says.
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