Tesla Gives Musk Some Stock
And then last year a Delaware judge ruled that this options package was invalid, for conflict-of-interest and disclosure reasons. (She found that Tesla's board, which approved the options, was in Musk's pocket, and that the outside shareholders who also approved it were not fully informed about the deal.) Tesla responded by:
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Forbes
a minute ago
- Forbes
This 180 Year-Old Amaro Is Celebrating With A Surrealist New Bottling
Popularly marketed as 'The Bartender's Handshake,' Fernet-Branca is a 180 year-old amaro brand initially sold for medicinal purposes. That cures-what-ails-ya perception even helped keep U.S. sales afloat during Prohibition, when the drink was permitted and legal as a cholera treatment. Unsurprisingly, official claims of medicinal properties have long since vanished, beyond the occasional, cheeky post on the company's self-aware social media. But that's hardly hobbled sales. Today, Fernet-Branca is the world's most recognized brand of fernet, a category of bitter Italian amaro. (Indeed, it's likely Fernet-Branca is the world's most consumed amaro, period.) The brand is especially beloved among bartenders, its trendiness fueled at least in part by a cult online following and savvy social media placement. In recent years, the parent company has also put its weight behind cocktail competitions and other activations seeking to get drinkers enjoying fernet in unconventional ways. Fernet-Branca is also shockingly popular in Argentina, which some estimates suggest accounts for up to 75% of the global consumption. But a new bottling is focused squarely on the U.S. market. To celebrate its 180th anniversary, Fernet-Branca is releasing 49,000 commemorative bottles into the American market, complete with surrealist flair to match its quirky history. Fernet-Branca's 180th Anniversary Limited Edition bottle features an imposing rendition of the brand's famed eagle (which first appeared on the logo in 1901), set against 'a surrealist rendering of the iconic Fratelli Branca distillery in Milan.' Those decorative bottles are sure to stand out on shelves, but the liquid inside remains much the same: 39% ABV (78 proof), characteristically bitter, and made from 27 'herbs, flowers, spices, and roots' the company claims are sourced from 'over four continents.' Company lore also says only one living person knows the exact recipe for the iconic drink, but we do know some likely candidates: rhubarb, myrrh, peppermint, camomile, cinnamon, linden, iris, saffron, and gentian are all confirmed by the manufacturer. After ingredients are infused in the alcohol base, the drink is aged for around one year in oak vats. The 180th Anniversary Limited Edition bottling carries a suggested retail price of $39.99. While it's technically a limited release, those 49,000 bottles are sure to pop up in major markets across the U.S., so don't be surprised to see it on retail shelves—or at your local watering hole, within reach of a veteran bartender looking to share a tipple.
Forbes
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Hudson Leans Into Diversity With Retail Wins At Atlanta's Hartsfield-Jackson Airport
Specialist travel retailer, Hudson, has plans for 20 new travel convenience and specialty retail concepts—including two hybrid stores—at Hartsfield-Jackson Airport in Atlanta, consistently the world's busiest air gateway. This amounts to a 50% hike in stores. Hudson, which has over 1,000 stores in airports, commuter hubs, landmarks, and tourist locations across North America, has been awarded two 10-year contracts to open the new stores in four concourses and the domestic atrium at the Delta Air Lines hub. The 20 stores will span more than 19,000 square feet and will open amid an expanded partnership with ATL Skypointe, the official retail and dining program of the airport. They will add to the 40 locations currently run by Hudson. The wins 'reflect success in securing two distinct retail packages through competitive proposals, each in collaboration with local, certified ACDBE partners,' according to a statement from Hudson. Airport Concessions Disadvantaged Business Enterprise (ACDBE) is an initiative implemented by the Federal Aviation Administration designed to ensure that socially and economically disadvantaged businesses (such as those that are minority-owned and women-owned), have fair opportunities to compete for airport concession contracts. Hudson—part of Switzerland-based global travel retail giant Avolta whose sales in North America have been flat this year, will open new stores in Concourses T, A, B, and C, and the domestic atrium from early next year. Among the 20 stores, there will be additional locations for familiar brands such as luggage maker Tumi, skincare house Kiehl's, and heritage apparel maker Johnston & Murphy. Hudson's proprietary concepts such as tech store iPorte and Simply Beauty will also be present. A dedicated SoAtlanta store will blend national brands including sunglasses, apparel, and cosmetics with local items, while two new Ink by Hudson bookstores will include picks by local independent bookseller 44th & 3rd, a black, family-run store founded in 2017 by Warren, Cheryl, and Allyce Lee in the historic West End neighborhood of Atlanta. Hartsfield-Jackson champions local businesses Leaning into ACDBE, Hudson will also engage 200 local small businesses, including Atlanta Beltline Marketplace, bringing together a collection of travel convenience stores created exclusively for Hartsfield-Jackson. Some of the retail brands are Maple and Magnolia, Atlanta Beltline by Hudson (a hybrid with Costa Coffee), Westside Co., Atlanta Magazine, UrbanOak by Hudson (partnering Starbucks), and Shellis News. Other retail units from Hudson will highlight Atlanta's noted role in the civil rights movement at Atlanta Reflections, and pay tribute to the city's Historically Black Colleges & Universities (HBCU) heritage at Legacy ATL. Hudson will operate the new locations with six local entrepreneurs and certified ACDBE partners. Hartsfield-Jackson's senior deputy general manager Tyronia Smith said that Hudson's new offer 'marks an exciting new chapter in our concessions program.' She added: 'Atlanta Airport is building a concessions program that reflects the diverse desires and needs of its global audience.' As the world's busiest airport, Hartsfield-Jackson processed more than 108 million passenger in 2024, up 3.3% year-over-year. The new contracts represent a growth opportunity for Hudson, and its parent Avolta, and the extra footprint will help to offset a currently difficult North American airport retail market. In the first half of 2025, the Delta Air Lines hub saw a 1.5% rise in aircraft operations but a 2.1 2.1% fall in passenger traffic to 52.1 million, driven chiefly by a fall in domestic travel of 3%.
Bloomberg
a minute ago
- Bloomberg
Greenwashing Complaint Filed Against Canadian Fossil Fuel Companies
Canadian energy giants Cenovus Energy Inc. and Enbridge Inc. are facing a greenwashing complaint by an investor group that accuses the companies of misleading disclosures over emissions targets. Investors for Paris Compliance (I4PC) accused the oil sands producer and the pipeline giant of 'systematic greenwashing' in a complaint the group said it filed Tuesday with the Alberta Securities Commission. The group said in a release that both companies are facilitating the expansion of fossil fuel supplies while claiming a commitment to zeroing out emissions, all while failing to allocate 'more than a fraction' of capital expenditure to reaching net zero. Both companies engage in 'overly promotional' environmental disclosures, the group said.
