{"id":2277,"date":"2023-04-11T20:53:15","date_gmt":"2023-04-11T20:53:15","guid":{"rendered":"https:\/\/dailynewsintime.net\/?p=2277"},"modified":"2023-04-11T20:53:15","modified_gmt":"2023-04-11T20:53:15","slug":"bud-light-fiasco-tops-1-billion-in-losses-investors-furious","status":"publish","type":"post","link":"https:\/\/dailynewsintime.net\/index.php\/2023\/04\/11\/bud-light-fiasco-tops-1-billion-in-losses-investors-furious\/","title":{"rendered":"Bud Light Fiasco Tops $1 Billion In Losses \u2013 Investors Furious"},"content":{"rendered":"<p>The Bud Light disaster has now reached epic proportions. Anheuser-Busch is reporting losses to its shareholders of more than $1 billion since the debacle began.<\/p>\n<p>\u201cWe have to face the fact that we\u2019ve done real harm,\u201d said interim CEO Joe Barron, who took over for Augustus Anheuser III. Anheuser resigned and took the company\u2019s entire marketing team with him.<\/p>\n<p>\u201cIt looked like we would lose $800 million in one day, but then it got a little bit better,\u201d said Barron, \u201cwe ended up only losing $600 million that day, but the overall cost of the past week tops a billion.\u201d<\/p>\n<p>Investors are furious that the snafu went this far off course. \u201cI\u2019ve lost gas money for my yacht for a year,\u201d said Sandy Batt,\u201d and it wasn\u2019t even my beer that screwed up.\u201d Batt is a notorious Miller Lite lover, for some reason.\u201d<\/p>\n<p>There have been varying reports of the company\u2019s stock price, with several Twitter geniuses posting a .06 drop as some kind of crash when actually it\u2019s a typical day of trading and lacks any basis in truth. \u201cYeah that\u2019s just a crock,\u201d said Barron, \u201cwe lost all this money for articles on Facebook, but trying to back the claim with real-world data isn\u2019t really\u2026possible.\u201d<\/p>\n<p>Barron has now admitted that the company lies to the public. Or that we do. We\u2019ll send out an investigative reporter to find out. God Bless America.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bud Light disaster has now reached epic proportions. Anheuser-Busch is reporting losses to its shareholders of more than $1 billion since the debacle began. \u201cWe have to face the fact that we\u2019ve done real harm,\u201d said interim CEO Joe Barron, who took over for Augustus Anheuser III. Anheuser resigned and took the company\u2019s entire [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-2277","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/posts\/2277"}],"collection":[{"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/comments?post=2277"}],"version-history":[{"count":1,"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/posts\/2277\/revisions"}],"predecessor-version":[{"id":2279,"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/posts\/2277\/revisions\/2279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/media\/2278"}],"wp:attachment":[{"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/media?parent=2277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/categories?post=2277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsintime.net\/index.php\/wp-json\/wp\/v2\/tags?post=2277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}