Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Glastonbury is as popular than ever, but complaints about the lineup reveal its generational challenge 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Can your cat recognise you by scent? New study shows it’s likely 
The pandemic is still disrupting young people’s careers 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Every generation thinks they had it the toughest, but for Gen Z, they’re probably right 
Japanese brewer Sapporo Holdings Ltd. has signed a deal to acquire Escondido, California-based Stone Brewing Holdings $165 million.
Known for its Arrogant Bastard beer, Stone is the ninth-largest US craft brewer and 18th overall in size. It reportedly had $250 million in sales last year.
Since the establishment of the business in 1996, Stone Brewing and its founder Greg Koch have supported small, independent brewers.
With the current management and workforce, Stone Brewing will continue to run its two breweries in Virginia and California as well as a number of taprooms and restaurants.
Sapporo could increase Stone’s capacity in order to brew Sapporo-branded beers for US distribution.
Not included in the sale but to be spun off as a separate business is Stone Distributing Co., which manages distribution for 42 craft breweries.
Stone will be Sapporo’s second U.S. acquisition, having bought Anchor Brewing, known for its Anchor Steam beer, for $85 million in 2017.
