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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
Features

PBR returns home to Milkwaukee to make craft beers

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Laura Lorenzetti
Laura Lorenzetti
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By
Laura Lorenzetti
Laura Lorenzetti
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July 15, 2015, 2:01 PM ET
Pabst Beer Sold To Russian Company, Oasis Beverages
SAN FRANCISCO, CA - SEPTEMBER 22: A six pack of Pabst Blue Ribbon beer sits on a shelf at a convenience store on September 22, 2014 in San Francisco, California. Pabst Brewing Co., the maker of Pabst Blue Ribbon announced that they are selling their company to Russian company Oasis Beverages for an undisclosed sales price. (Photo by Justin Sullivan/Getty Images)Photograph by Justin Sullivan — Getty Images
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The Pabst Brewing Company, which was started in Milwaukee, Wis. in 1844, will be making its way home next year for a new project after the brewery closed shop in its hometown in 1996 following an ownership change.

Pabst, which is owned by Blue Ribbon Intermediate Holdings and headquartered in Los Angeles, will open a new microbrewery and tasting room in its original complex in Milwaukee, a Methodist church that the company first bought in the 1890s. The Pabst sign has officially been lit at its old brewery complex for the first time in almost 30 years.

“This is really where we should be. We’re a brewer and we need to start making beer and making some of these amazing recipes we have in our archive,” said Pabst Brewing CEO Eugene Kashper in a press conference Wednesday. “There’s no better place to do it than here at the Milwaukee brewery.”

Kashper said there are more than 50 different kinds of beers they can experiment with from old recipes originally developed by Pabst founders Jacob Best and Frederick Pabst.

 

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