Anheuser-Busch profit in US sinks nearly 30% after Bud Light’s fiasco

Anheuser-Busch InBev felt the sting of the Bud Light boycott, reporting a 10.5% drop in revenue and a nearly 30% plunge in core profit in the US during the second quarter — and has lost nearly $40 billion in value.  Yet the Belgian-based beer giant continued to bury its head over the ill-fated tie-up...