Morning Business Report: Yuengling launches limited edition cans in support of veterans

Brewer Yuengling has launched limited-edition red, white, and blue cans to support veterans. This timely marketing move by Yuengling positions the brand to scoop up Bud Light’s ex-customer base. Each can also boasts a QR code that links to merchandise, country music, and information about its summer concert series.

A new report finds new college graduates are overestimating their starting salaries by $30,000. Overall, job prospects look good for the class of 2023. The average starting salary for recent graduates is now nearly $56,000.

Stocks fell as investors focused on debt ceiling talks and today’s inflation report.
All three major indexes closed slightly lower.

Customers are being asked to tip everywhere, even at self check-outs where they don’t interact with a person. Customers are unsure where their money is going or if the prompt is even necessary. This is part of a growing phenomenon of “tipping fatigue”.

The FDA will meet this week to make a recommendation on whether it should approve over-the-counter sales of birth control medicine for the first time. HRA Pharma expects an FDA decision on over-the-counter sales of its contraceptive Opill in the summer.

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