The MillerCoors brewery in Irwindale has fallen victim to a years-long slump in sales of light beer. Now the plant’s owner, Molson Coors Beverage Co., says it plans to close the facility — scrapping 470 jobs — by September. However, Molson Coors also said …
See Original Article

Walgreens is kicking off its year the much as it ended its last, with a big earnings plunge. The drugstore chain said Wednesday that first-quarter net income dropped nearly 25% in a performance that fell short of Wall Street expectations. Revenue also inched …
See Original Article

Here's a big, boring truism you surely don't want to read an article about: as a pitcher, it's better to be ahead in the count than behind. Good, great, fine.
See Original Article

Topline: The global economy is heading for a “liquidity trap” and central banks are running low on ways to fight a future recession, warned Mark Carney, governor of the Bank of England, in a recent interview with the Financial Times. In his wide-ranging and …
See Original Article

Macy’s holiday sales dropped, the company announced Wednesday, but not as much as analysts had anticipated, sending the department store chain’s shares sharply higher. It said same-store sales fell 0.6% at its owned and licensed stores during …
See Original Article