Wesley Batista Filho will take over as global CEO in January after spending the past three years leading the company’s U.S. division.

AB InBev is pushing investment into its “megabrands” like Corona, Stella Artois and Michelob Ultra to help drive growth at a time when there is a slowdown in drinking in several key markets.

Amazon joins Nvidia, Alphabet, Microsoft and Apple as the only companies that have reached that size. 

The country’s largest meatpacker now sees annual adjusted operating income of $2.1 billion to $2.3 billion for fiscal year 2026, lowering its range by $100 million. 

CFO Brian Olsavsky said, “In cases where we did see an increase in costs due to tariffs, we largely absorbed these costs rather than pass them on to customers.” 

Amazon delivered strong profit and net sales during its fiscal second quarter, helped by surging growth in its prominent cloud computing unit.

Carvana tumbled after it said full-year earnings may fall short of Wall Street’s expectations as the used-car retailer’s rapid growth slowed.

In a matter of months, Walmart has become a major player in the burgeoning business of quickly fueling electric vehicles, speeding past Costco with its in-house network of electron pumps. 

Coca-Cola continues to gain traction among shoppers with a widening portfolio of beverages, including sugar-free soda, sports drinks and water, at a time when the industry has seen consumers turn away from traditional full-calorie soft drinks.

Employees at the technology giant find themselves repeatedly explaining that they work at the Cisco with a “C,” while staffers at the nation’s largest food distributor clarify that they’re employed by Sysco with an “S.”