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Beer sales are struggling. Anheuser-Busch isn’t

Kraig Pakulski 0 35 Article rating: No rating

By Jordan Valinsky, CNN

New York (CNN) — Struggling beer sales should spell doom for the world’s largest brewer. Anheuser-Busch InBev hasn’t gotten that memo.

The company has emerged on the other side of a Bud Light boycott as a bright spot among an industry grappling with customers that are drinking less or ditching beer entirely. Shares are hovering at five-year highs, Michelob Ultra is the top-selling beer in America and its canned cocktails are a hit with drinkers.

The Budweiser-maker set out a few years ago to be known for more than just beer — and its plan is working.

“Anheuser-Busch has done a really good job diversifying their portfolio,” said Dave Williams, president of beer analysts Bump Williams Consulting.

The company acted with urgency to expand beyond beer into the fast-growing categories of non-alcoholic beer and ready-to-drink choices.

That’s “helped alleviate or offset some of the ongoing pressures that they and a lot of other (beer) manufacturers are seeing,” Williams added.

Anheuser-Busch declined to comment to CNN.

But its non-beer brands, which consists of Cutwater Spirits and NÜTRL vodka-based seltzer (among others), earned a shoutout from CEO Michel Doukeris in last month’s earnings.

Their growth has “accelerated,” he said during a call with investors, making Anheuser-Busch — yes, a beer company — the fastest-growing spirits supplier in the US.

The category now accounts for 3% of Anheuser-Busch’s total revenue and is “projected to grow volumes at double the rate of the overall beer category,” Doukeris said.

Beer blues

Meanwhile beer, which is Anheuser-Busch’s biggest business, is struggling with a structural decline.

That was evident in its fourth-quarter earnings, which reported a 1.8% decline in US revenue while global beer volumes fell 1.9%.

Part of the reason is Bud Light, whose sales have never fully recovered from the backlash three years ago. The entire “Premium Light” category — including rivals Coors Light and Miller Lite — continues to struggle for drinkers’ attention.

“Although (these brands are) still widely available, the sector of the business is the biggest and continues to be challenged for growth,” Williams told CNN.

Some light beer drinkers are shifting to ready-to-drink or craft cocktails, he added, but not enough to offset lost customers.

Still, Anheuser-Busch (BUD) isn’t struggling as much as its competitors: Shares are up 15% this year.

Molson Coors reported a decline in fourth-quarter sales, forcing the company’s new CEO to roll out a strategic turnaround plan; Corona-maker Constellation Brands continues to feel the effect of immigration crackdowns; and Heineken recently announced it was cutting 7% of its global workforce in the coming years.

And some highlights in the beer category, like the low-carb Michelob Ultra and budget-minded Busch Light Apple, are both brewed by Anheuser-Busch.

Michelob Ultra Zero last month became the the top-selling non-alcoholic beer brand by volume. Heineken 0.0 still holds the top spot in dollar sales, though the “gap is narrowing,” according to Beer Business Daily.

World Cup bump?

On the February earnings call, Anheuser-Busch’s Doukeris said that while “industry volumes were below trend in 2025, we are encouraged by the start to 2026.”

The beer industry’s volumes and revenues both gre

5 things to know for March 9: Iran’s new leader, Oil prices, Airport delays, NYC mayor explosive, Utah murder trial

Kraig Pakulski 0 17 Article rating: No rating

By Tricia Escobedo, CNN

Looking at your recent heating bills, you might find it hard to believe this winter will likely be ranked as one of the warmest for the Lower 48 states. That could be a sign of things to come for the seasons ahead.

Here’s what else you need to know to get up to speed and on with your day.

1⃣ Iran’s new leader

Iran on Sunday named Mojtaba Khamenei as its new supreme leader, the position his father held for nearly four decades until he was killed by US-Israeli air strikes more than a week ago. President Donald Trump has said that Mojtaba Khamenei’s appointment would be “unacceptable.” The younger Khamenei’s selection shows that Iran’s hardliners have been empowered, and is “a very bad sign for the war,” according to CNN’s Fareed Zakaria. The ensuing conflict continues today across the Middle East, with a CNN team witnessing apparent air strikes in Tehran after Israel said it launched fresh attacks on Iran.

2⃣ Oil prices

As the war spreads across the Middle East, the price of oil has surged past $100 per barrel for the first time since Russia’s 2022 invasion of Ukraine. President Trump, in a social media post, called surging oil costs a “very small price to pay.” However, traders are worried that the war in Iran will lead to prolonged restrictions on the flow of oil around the globe. In the US, diesel fuel prices are rising more rapidly than regular gas, which affects more Americans – even those who don’t own diesel-powered vehicles.

3⃣ Airport delays

Lines at security checkpoints stretched more than an hour at airports across the country on Sunday as the partial government shutdown of the Department of Homeland Security continues. Funding for the agency, which oversees the Transportation Security Administration, lapsed in mid-February amid a standoff between Republicans and Democrats over federal immigration reform. Airports in New Orleans, Atlanta and several other cities reported longer than normal wait times. At Houston’s William P. Hobby Airport, TSA lines stretched for more than three hours on Sunday afternoon, the agency reported. The airport advised passengers to arrive four to five hours before their flights.

4⃣ NYC mayor explosive

The FBI’s terrorism task force is investigating violence from dueling protests outside New York Mayor Zohran Mamdani’s residence on Saturday that involved a man hurling an improvised explosive device that did not detonate. An additional device was discovered in a nearby car the next day. The violence erupted during an anti-Islam protest organized by a right-wing provocateur that was dwarfed by more than 100 counterprotesters, officials said. Police said the explosive device that was thrown was capable of causing “serious injury or death.” Law enforcement sources told CNN that two men arrested in connection with the device admitted to being inspired by ISIS.

5⃣ Utah murder trial

Prosecutors in the murder trial of Kouri Richins, a Utah mother accused of fatally poisoning her husband, are expected to conc

Oil prices soar past $100 a barrel as war escalates in Iran

Kraig Pakulski 0 25 Article rating: No rating


CNN, MARINETRAFFIC, CNN TURK

By Auzinea Bacon, David Goldman, CNN

(CNN) — The price of oil kept climbing Monday, having surged past $100 per barrel Sunday, the first time it crossed that mark since Russia’s 2022 invasion of Ukraine.

Brent crude, the global oil benchmark, neared $120 a barrel in early trade before paring some of those gains to trade at around $104, a 12% gain on the day. WTI, the US benchmark, soared more than 11% Monday to $101. US crude briefly hit $110 a barrel Sunday evening.

President Donald Trump, in a social media post, called surging oil costs a “very small price to pay.”

“Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Safety and Peace. ONLY FOOLS WOULD THINK DIFFERENTLY!” Trump posted Sunday on Truth Social.

But investors are growing increasingly worried about a protracted war that delivers a sustained hit to energy supply and prices, particularly following Iran’s decision to appoint Mojtaba Khamenei as its next supreme leader. Khamenei is the the son of former leader, Ali Khamenei, who was killed in the first wave of US and Israeli strikes.

“It’s a sign of continuation of Iran’s hardline approach and indicates that the war will be more prolonged than financial markets had assumed last week,” Neil Wilson, a strategist at UK trading platform Saxo Markets, said in a note. “Complacency has been replaced by a degree of panic because the market is now pricing in a more sustained hit to energy and trade flows,” he added.

Oil futures and gasoline prices have skyrocketed as traders worry that the war in Iran would lead to prolonged restrictions on the flow of oil around the globe — particularly as the war has spread to other countries in the Middle East, including attacks on nearby refineries in the oil-rich region.

Iran has threatened to attack any oil tanker passing through the Strait of Hormuz, through which 20% of the world’s oil transits.

Oil could rise to $150 a barrel by the end of March if travel through the strait doesn’t start flowing again, said Homayoun Falakshahi, lead crude research analyst at Kpler.

Surging oil prices have weighed heavily on stocks in recent days, as traders fear that a prolonged spike in fuel prices could lead to another spike in inflation and hurt the economy. Dow futures dropped more than 800 points, or 1.7%. S&P 500 and Nasdaq futures fell 1.6%.

Triggered by the shock of the initial February 28 strikes in Iran, the average price of gasoline in America reached $3.45 a gallon Sunday, up 16% from the week prior, according to AAA.

A prolonged spike in oil and gas prices could exacerbate America’s struggles with affordability, putting Trump and Republicans in a precarious political position ahead of this year’s midterm elections.

Attempts to keep prices in check

The Trump administration on Sunday tried to assuage fears that the US and Israeli-led military campaign against Iran would have long-term effects at the pump.

The administration announced a plan to supply insurance to oil tankers passing through the strait, after maritime insurers said they would not cover ships in the region if they were attacked. The White House also said it would work to secure naval escorts for ships, but a plan hasn’t emerged, and shipping companies have said they are hesitant to traverse the region while the conflict continues.

“Our shipping ex

The daring bridge that rewrote the engineering rulebook 200 years ago

Kraig Pakulski 0 22 Article rating: No rating

By Julia Buckley, CNN

(CNN) — It was built to ferry horse-drawn carriages across a notoriously wild stretch of water, and was a crucial connection between two island nations during Europe’s industrial revolution.

When it was constructed in 1826, the bridge across the Menai Strait, between the north Wales mainland and the island of Anglesey, was a vision of the future. Suspended between the 1,368-foot gap at a height of 102 feet, this was the world’s first road suspension bridge to start construction. By the time it opened, it was the longest in the world, and remained so until the completion of the Brooklyn Bridge in 1883.

Perhaps more incredibly, the Menai Strait Bridge — or Pont Grog y Borth in Welsh — is still in use, over two centuries later. It celebrated its 200th anniversary on January 30.

“While there are a fair few bridges that have lasted 200 years or more — there are even Roman bridges — none of them look like this,” says Kerry Evans, the chartered engineer who manages the bridge and the modern A55 road around it.

“That expression of freedom in terms of innovation and design to develop a structure — that was absolutely bonkers when you look back now.”

Designed by Thomas Telford, one of the earliest civil engineers in history, the bridge didn’t just connect Anglesey to the Welsh mainland; it was also part of a network that linked two capitals, Dublin and London. A law passed in 1800 had officially united Ireland with Great Britain, creating the United Kingdom, and there was political pressure to build easy transport links between the capitals.

Ferries ran from Dublin to Holyhead, on Anglesey; but crossing from there to the Welsh mainland, also by ferry, was notoriously tricky. The Menai Strait was known for its currents, and crossings were often canceled. Anglesey farmers, known for their cattle-breeding, would drive their herds across the strait themselves, often losing animals to the waves. What’s more, the ferrymen would take advantage of passengers. “They blackmailed people — if the tide was coming in, they’d put up the price,” says William Day, a retired civil engineer and North Wales resident. It wasn’t the sophisticated, well-oiled system that a rapidly expanding empire sought to portray.

In 1815, the government voted to construct a road from London to Holyhead. Telford — a Scot who’d made a name for himself constructing canals and roads in the Midlands, at the heart of the industrial revolution — was employed to build it. And one of the last parts of that road — which ran through cities from Birmingham to Shrewsbury — would be the crossing of the Menai Strait.

Telford picked the shortest crossing, says Gordon Masterson, former president of the Institution of Civil Engineers, and current chair of the Panel for Historic Engineering Works. So far, so regular. But then he made a startling choice for the 1,300ft wide span. Instead of planning a regular viaduct-style bridge, with columns marching across the water, embedded in the seabed, he planned a structure that floated above the strait, tethered to the land each side.

“That was the bold choice,” says Masterson. “Spans of this nature had never been done before.” In fact, at 1,368 feet, the deck he designed was two and a half times longer than what had been tried before on a road suspension bridge, he says. A traditional viaduct would have been more expensive to build, and could have obstructed shipping traffic. “Clearing the whole gaping broad sweep was his brilliant concept,” he says. “It was a shot to the moon in terms of civil engineering.”

“It set a standard for a very long time,” says Day, who has worked on the bridge on various projects. “That standard is still with us in many ways. It had a marked impact on engineering and society.”

The first stone was laid on August 10, 1819. Arches — made from

Las 5 cosas que debes saber este 9 de marzo: Nuevo líder supremo en Irán, ganadores elecciones en Colombia y más

Kraig Pakulski 0 22 Article rating: No rating

Por CNN en Español

Los ganadores y perdedores de las consultas interpartidistas en Colombia. El precio del petróleo supera los US$ 100 por barril. ¿Qué pasó en la cumbre de Trump con líderes de América Latina? Esto es lo que debes saber para comenzar el día. Primero la verdad.

Mojtaba Jamenei, el segundo hijo de Alí Jamenei, fue elevado al cargo de líder supremo de Irán que su padre ocupó durante casi cuatro décadas hasta su muerte tras los ataques aéreos de Estados Unidos e Israel. El presidente Donald Trump había dicho la semana pasada que el nombramiento de Jamenei como sucesor del padre sería “inaceptable” para él.

A la par de las elecciones para el Congreso, en Colombia se llevaron a cabo este domingo consultas interpartidistas para escoger tres candidatos para las elecciones presidenciales de mayo. Los tres que salieron victoriosos son Paloma Valencia —de la consulta de los movimientos y partidos de la derecha—, Roy Barreras —de la izquierda— y Claudia López —del centro—, pero esos nombres no son cabalmente los grandes ganadores de la jornada, y tampoco a quienes derrotaron son los grandes perdedores. Análisis.

El presidente de Estados Unidos, Donald Trump, recibió el fin de semana Florida a una decena de líderes de América Latina que participaron en su denominada Cumbre Escudo de las Américas, un encuentro donde el republicano planteó un pacto para conformar una “coalición militar” contra el crimen organizado, envió mensajes para el Gobierno encargado de Venezuela y lanzó advertencias para dos países con los que suele tener tensiones: México y Cuba.

El precio del petróleo se disparó por encima de US$ 100 por barril el domingo, la primera vez que cruza ese umbral desde la invasión rusa a Ucrania en 2022, y los inversionistas temen que la guerra en Irán signifique restricciones prolongadas en los flujos de petróleo de Medio Oriente.

Un manifestante arrojó el fin de semana un explosivo imp

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