Weekly Download - May 18
Big beer brands had been losing ground for years before the coronavirus struck. Now drinkers are turning back to mainstream beers as the crisis shifts sales from tap rooms to grocery store aisles, giving a boost to giant beer companies while putting small craft breweries in peril.
Phase 1 trial of a candidate vaccine showed a positive sign of potential to prevent infection with the new coronavirus, company says.
Uber (Tii:UBER) is seeking to acquire Grubhub (Tii:GRUB) in a deal that would unite two of the biggest players in the cutthroat meal-delivery business at a time when the coronavirus pandemic has sparked a surge in demand for their services.
Tech companies once wooed talent with over-the-top campuses. Now they are looking to keep workers happy by offering flexibility.