Corona parent stays the course amid border tax noise
Constellation Brands president says the company will press ahead with its Mexico growth plan and brand investments despite White House border tax proposals. Corona remains the top selling import beer in the United States and Modelo the fastest growing full calorie beer, with Chicago ranking Modelo second to Miller Lite.
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Consumer spending posts smallest gain in six months
The Commerce Department reports February spending up 0.1 percent, below expectations, with personal income rising 0.4 percent and inflation at 0.1 percent for the month. After inflation adjustment, disposable income rose 0.2 percent while inflation dented purchasing power and real spending fell 0.1 percent. Core inflation 12 months to Feb 28 stood at 1.8 percent.
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Snapchat enables search of public Our Story clips worldwide
Snapchat parts company announced automatic sorting of user submissions into brief documentaries, enabling daily access to over a million clips. The feature analyzes captions objects and filming data to index films about events places and people, with no human curation.
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