In a closed-door meeting at a Manhattan mansion, executives outlined changes to controversial software that was implicated in two crashes.Aerospace & Defenseread more
Current and former Tesla employees working in the company's open-air "tent" factory say they felt pressure to take shortcuts to hit aggressive Model 3 production goals,...Technologyread more
Amazon workers in Minnesota and Germany are striking as Prime Day kicks off, in a stand against working conditions and wage practices. The action in Minnesota represents the...Retailread more
Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.Marketsread more
Epstein is accused of sexually exploiting dozens of underage girls from 2002 through 2005 at his New York and Florida residences. He is a former friend of Presidents Donald...Politicsread more
When you think of Prime Day, you might be thinking about deals on Instant Pots and Amazon Echo devices — not half-off dresses and designer heels. But the market for apparel...Retailread more
David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company.Technologyread more
Some White House officials expect the Cabinet secretary, who has known the president for years, to depart as soon as this summer.Politicsread more
"The important thing is that you shouldn't try to hit homeruns this week, because you're much more likely to end up striking out," Jim Cramer says.Mad Money with Jim Cramerread more
Reps. Ilhan Omar, Ayanna Pressley, Alexandria Ocasio-Cortez and Rashida Tlaib said Trump challenged them personally because he was not able to defeat them on the policy level.Politicsread more
A financial disclosure made by lawyers for Jeffrey Epstein, a former friend of presidents Donald Trump and Bill Clinton, reveals he has nearly $560 million in assets.Politicsread more
The two companies created the Drinkworks machine, an imitation of Keurig's well-known coffee maker intended to make cocktails. In November, they launched a pilot in St. Louis. Now they're planning on rolling it out to Missouri, Florida and California, The Wall Street Journal reported.
The joint venture comes as both Keurig and AB InBev are trying to address their own struggling sales. The at-home coffee giant's sales of its brewers and single-serve pod declined 0.5 percent during its fourth quarter, while Budweiser's parent company must adapt to changing consumer tastes. Last year, unit case volume of beer declined by 1.5 percent, according to IWSR data. Spirits, on the other hand, are growing.
AB InBev is in talks to license spirits brands for the appliance since it doesn't own any large ones, according to the Journal. Pod flavors also include three brands of beer and cider.
The machine retails in St. Louis for $399, but is available for preorder at $299. Its liquid-filled pods, sold in packs of four, are available for $15.99 for most cocktails, like margaritas and mojitos. The appliance adds water and carbonation to the pods to create the alcoholic drinks. Each pod has about a shot of alcohol, plus flavorings.
Keurig previously teamed up with Coca-Cola for a pod-based appliance that allowed users to make their own soda, but gave up on the machine less than a year after its launch.
Pernod Ricard, the second largest spirits company in the world, is planning on launching its own bartending assistant Opn this year, but users will have to mix their drinks themselves.
Officials at Keurig Dr Pepper, AB InBev and Drinkworks weren't immediately available for comment.