News in the Philippines

In a notable shift for the industry, dividends are becoming a significant strategy for major technology companies, signaling a robust blend of growth and fiscal discipline. Recently, Meta Platforms, Inc. (NASDAQ:META) introduced its first-ever dividend in February, followed by Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) in April, with Apple Inc. (NASDAQ:AAPL) also…

Last week, the U.S. witnessed a significant rise in unemployment claims, marking the highest level since August 2023. According to the Labor Department’s latest report, jobless claims for the week ending May 4 escalated by 22,000 to 231,000, up from 209,000 the previous week. Despite this surge, the numbers remain…

As the industry's dynamics evolve, Anheuser-Busch InBev (NYSE:BUD) recently disclosed its first-quarter financials, surpassing expectations despite ongoing challenges stemming from a 2023 advertising misstep that triggered a significant boycott. This backdrop sets the scene for Bud Light’s ongoing sales slump, even as rivals like Constellation Brands (NYSE:STZ) and Molson Coors…