The Budweisers you drink this summer might not say ‘Budweiser’ on the packages, cans or bottles at all.
That’s if Anheuser-Busch gets its way with the Alcohol and Tobacco Tax and Trade Bureau. The brewing giant wants permission to replace the name of the beer with the word ‘America.’
It’s the natural next move for Budweiser, which for many summers has adorned its cans and bottles with stars and stripes. But they’re going big this year: Along with the word ‘America,’ drinkers may see patriotic phrases like ‘E Pluribus Unum’ and ‘indivisible since 1776.’
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JAB Holding announced Monday it would buy donut chain Krispy Kreme for $21 a share, a $1.35 billion deal.
Stockholders will see a 25 percent gain over Krispy Kreme’s price per share as of the close of business Friday.
JAB’s been on somewhat of a kick in the coffee/donut world. Late last year it bought Keurig Green Mountain, the company that sells make-your-own coffee and brewing kits, for $13.9 billion.
Motivation for the deal may have been rooted in Krispy Kreme CEO Tony Thompson’s desire to increase the company’s coffee sales. He told Business insider in 2015 that coffee only made up 5 percent of the donuts chain’s sales.
The Rasmussen Reports survey conducted for Discover Financial Services found that the overwhelming majority of parents in America feel college is important also found that more parents think their kids should pay for their education.
Almost half — 48 percent — of parents surveyed said their children should pay for a portion or all of their college education, way up from 39 percent who felt that way four years ago, the survey found.
Meanwhile, 82 percent of parents said college was important.
One interesting nugget found in the survey was that 11 percent of respondents said they were prepared to pay for their kids’ whole way in college, up from 9 percent a year ago. It could mean the number of wealthy families has increased at the same time as college costs have risen even though the bulk of parents’ incomes can’t keep pace.
Not long after Craig Steven Wright came forward to journalists claiming he was Satoshi Nakamoto, the inventor of the virtual currency bitcoin, Wright wrote in a blog post he had decided against furnishing additional proof that he was the inventor of the currency created in 2009.
“I believed that I could do this. I believed that I could put the years of anonymity and hiding behind me,” Wright wrote. “But, as the events of this week unfolded and I prepared to publish the proof of access...I broke. I do not have the courage. I cannot.”
There was no indication as to why Wright suddenly changed course.
He came forward last week to a number of reporters, showing them codes he claimed were proof that he was the inventor of the currency.