The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X. By Neal E. Boudette Thirteen years ago, Mike Ramsey, an ...

New York — The U.S. owner of Modelo Especial and Corona bet big on Latino customers for growth. But that strategy is unraveling under the Trump administration’s mass deportation push. Many Latino ...

Constellation Brands, the US owner of Modelo Especial and Corona, bet big on Latino customers for growth. But that strategy is unraveling under the Trump administration’s mass deportation push. Many ...

Michelob Ultra has officially taken the crown as the nation’s best-selling beer – dethroning Modelo Especial. It claimed the top spot as the best-selling beer during the 52 weeks ended Sept. 14, its ...

Modelo’s new out-of-home ad effort celebrates the Hispanic community that helped make it the top-selling beer, by dollar sales, in America. The “Thank You for 100 Years of Modelo” national campaign ...

Modelo launched a campaign on Sept. 16 to honor its 100th anniversary, according to information shared with Marketing Dive. The brand is operated by Constellation Brands in the U.S. and Anheuser-Busch ...

Constellation Brands lowered its outlook for its current fiscal year as consumer demand for beer weakened, particularly for high-end beer purchases, amid a "challenging" economic climate.

Constellation Brands cut its fiscal-year guidance on Tuesday, citing a "challenging macroeconomic environment." The company also reported a decline in sales among Hispanic consumers, who it has said ...

One of the copper market’s biggest-ever squeezes is unfolding on the London Metal Exchange, as rapidly declining inventories push up spot prices. Spot copper traded at a $280-a-ton premium to ...

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Tesla has launched updated versions of its flagship Model S and Model X vehicles. The updates are fairly minor, but they come with a $5,000 higher price tag. In February, Tesla confirmed that it plans ...

The world is awash in nonalcoholic beer right now. Athletic led the category with some $95.8 million in sales in 2024, followed by the legacy barons Heineken ($89.45 million), Budweiser ($62.37 ...