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December 19, 2025
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No bartender required: Premixed Jack and Coke going on sale

The Cheap Investor4 years ago4 years ago02 mins

It’s a Jack and Coke with no bartender required. Coca-Cola Co. said Monday it’s partnering with Brown-Forman Corp., the maker of Jack Daniel’s Tennessee Whiskey, to sell premixed cocktails. The canned Jack and Coke will be sold globally after a launch in Mexico late this year. A zero-sugar version will also be available. “This relationship…

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Bucolic Ukraine forest is site of mass grave exhumation

The Cheap Investor4 years ago4 years ago07 mins

BUCHA, Ukraine (AP) — The lush green beauty of a pine forest with singing birds contrasted with the violent deaths of newly discovered victims of Russia’s war in Ukraine, as workers exhumed bodies from another mass grave near the town of Bucha on Kyiv’s outskirts. The hands of several victims were tied behind their backs….

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Hot inflation dims likelihood Fed can achieve ‘soft landing’

The Cheap Investor4 years ago4 years ago06 mins

WASHINGTON (AP) — For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession. Yet with the Fed set to announce another sharp interest rate hike after it meets this week, days after the…

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Automakers ask Congress to lift electric vehicle tax cap

The Cheap Investor4 years ago4 years ago02 mins

NEW YORK (AP) — Major automakers are asking Congress to lift the cap on how many people can receive tax credits for buying a hybrid or fully electric vehicle. Currently the number of tax credits allowed is capped at 200,000 per company. General Motors and Tesla have already reached the cap and Toyota is close…

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Early bids for final charity lunch with Buffett top $3M

The Cheap Investor4 years ago4 years ago02 mins

OMAHA, Neb. (AP) — Bidding for a final, private lunch with Warren Buffett, an event that has raised tens of millions for a California charity, has already topped $3 million. It will be the first private lunch offered with the billionaire since a record-setting bid in 2019. The past two auctions were called off due…

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Yelp CEO says abortion rights stand is a risk worth taking

The Cheap Investor4 years ago4 years ago06 mins

Many major companies have chosen to stay quiet on the abortion debate, but Yelp and its CEO Jeremy Stoppelman have chosen a different path. The San Francisco-based online reviews site is among the handful of companies covering travel costs for employees and their dependents who must travel out of state to obtain an abortion, a…

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The S&P 500 is in a bear market; here’s what that means

The Cheap Investor4 years ago4 years ago07 mins

NEW YORK (AP) — Wall Street is back in the claws of a bear market as worries about inflation and higher interest rates overwhelm investors. The Federal Reserve has signaled it will aggressively raise interest rates to try to control inflation, which is the highest in decades. Throw in the war in Ukraine and a…

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Germany moves ahead with plan to legalize cannabis sales

The Cheap Investor4 years ago4 years ago02 mins

BERLIN (AP) — The German government is setting in motion plans to legalize the sale of cannabis for recreational purposes, aiming to have legislation ready later this year. The Health Ministry said Monday that it will start holding expert hearings on various aspects of the issue Tuesday. It said that more than 200 representatives from…

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Germany slips behind China as top importer of Russian energy

The Cheap Investor4 years ago4 years ago02 mins

BERLIN (AP) — China has overtaken Germany as the biggest buyer of Russian energy exports since the start of the war in Ukraine, an independent research group said Monday. The Centre for Research on Energy and Clean Air said Russia received about 93 billion euros ($97 billion) in revenue for the sale of oil, natural…

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Czech brewer Budvar reports record export increase in 2021

The Cheap Investor4 years ago4 years ago01 mins

PRAGUE (AP) — Budvar, the Czech brewer that has been in a long legal dispute with U.S. company Anheuser-Busch over use of the Budweiser brand, increased its beer exports last year despite the pandemic. Budejovicky Budvar NP, a 126-year-old state-owned brewery, said Monday its exports were up a record 11% in 2021, reaching 1.3 million…

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