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Constellation's New Boss Sees Brighter Summer for Beer — WSJ

By Laura CooperBeer had a bruising year in 2025, but Modelo maker Constellation Brands sees early signs that consumers are ready to crack a cold one this summer, boosted by the FIFA World Cup and the New York Knicks championship.Nick Fink, Constellation's new CEO, said the beer's recovery appears b…

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FactSet Logs Higher 3Q Revenue, Starts Job Cuts as AI Ramps — Update

By Katherine HamiltonFactSet Research Systems said its increasing use of artificial intelligence is bringing in more sales and allowing the company to cut 10% of its technology workforce.The financial-data platform said on an analyst call Wednesday that it has started making the job cuts because AI…

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McKinsey Shakes Up its Board After Scandals Over Past Work With Clients — WSJ

By Allison Pohle and Chip CutterMcKinsey is shaking up its board and appointing a new chair from within its partner ranks, the latest in a yearslong effort to change how it has managed after several scandals involving past clients.The elite consulting giant named Andrew Pickersgill, a senior partne…

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Traders Pile Up on Bets for Bitcoin to Drop — Market Talk

1124 ET - Bitcoin prices may have further downside before they find a bottom, if the predictions of traders going short on the cryptocurrency end up being correct. Traders have been seen adding puts on bitcoin, according to data from Deribit. Near-term, traders appear to believe that bitcoin could…

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Crypto
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Traders Pile Up on Bets for Bitcoin to Drop — Market Talk

Bitcoin prices may have further downside before they find a bottom, if the predictions of traders going short on the cryptocurrency end up being correct. Traders have been seen adding puts on bitcoin, according to data from Deribit. Near-term, traders appear to believe that bitcoin could lapse to a…

Dow Jones Newswires en
Crypto
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Progress Software Shares Jump 16% on Higher Profit, Raised Outlook

By Anvee BhutaniProgress Software shares rose sharply Wednesday after the software company reported higher second-quarter profit and revenue, with artificial intelligence-driven products boosting sales.Shares of the company were recently up about 16% at $39.11. The stock has gained more than 50% ov…

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Correction to Grill Shock: Guess Who's the Uninvited Guest at Your July 4th BBQ — Barrons.com

Molly BordoffWhen you bite into that big, juicy burger on this very special Fourth, relish it. You paid for it.Sticker shock in the grocery aisles is no surprise. Inflation has been creeping up since February, but your wallet will feel a lot lighter after you scan the hamburger, hot dogs, buns, and…

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