Daily Reads 5/10/2019
Happy Friday, everyone. Big news for beer drinkers, Dogfish Head and The Boston Beer Company are merging. We gan insights as to why the scale and impact of Facebook may be a problem for us all. TurboTax gets caught lying to their customers about their services and the associated costs. U.S. tariffs on China jump as the stakes rise between both countries. And a startling statistic shows that 75% of Americans not only lack a financial plan but are outright resistant to help.
Together, Boston Beer and Dogfish Head will create a powerful American-owned platform for craft beer and beyond. The new entity will possess more than half a century of Craft brewing expertise, a balanced portfolio of leading beer and “beyond beer” brands at high end price points, and industry leadership in innovation and quality.
The last time I saw Mark Zuckerberg was in the summer of 2017, several months before the Cambridge Analytica scandal broke. We met at Facebook’s Menlo Park, Calif., office and drove to his house, in a quiet, leafy neighborhood.
The makers of TurboTax have long been luring customers into paying for a service that they promised the government they’d give away for free. Now they’re lying to customers to avoid giving refunds.
President Donald Trump raised the stakes in his trade conflict with China as the U.S. increased tariffs on $200 billion in Chinese goods on Friday.
Despite reports that many workers are living paycheck to paycheck and not even half of all adults would be able to cover an unexpected $1,000 expense, the majority of Americans are declining any financial help or advice.