Bud Light Loses $500 Million After Naming Colin Kaepernick Brand Ambassador

Bud Light is facing significant financial repercussions, reportedly losing $500 million after naming former NFL quarterback and activist Colin Kaepernick as a brand ambassador. The decision, aimed at rejuvenating the beer brand’s image and aligning it with modern social movements, has instead sparked a wave of backlash, alienating a significant portion of its consumer base. … Read more