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Kings & Convicts Brewing Co., a tiny Illinois firm, on Tuesday announced an agreement to buy Ballast Point from New York-based Constellations Brands, Inc. Terms of the sale were not disclosed, but includes Ballast Point’s four California brewpubs - at the main brewery in Miramar; Little Italy; Anaheim’s Downtown Disney; and Long Beach - plus one in Chicago.
-- Peter Rowe, San Diego Union-Tribune

Our report described rampant sexism at Riot, manifesting in its hiring and promotion practices and "bro" office culture, which sometimes encouraged harassment and gender discrimination. The suit, filed November, 2018, also describes how women at the League of Legends publisher were paid less than men in the same or a similar position.
-- Cecilia D'Anastasio, Kotaku


After nearly 30 years as one of Fort Collins' locally owned, homegrown breweries, New Belgium Brewing Co. is being sold to a global craft beverage company with ties to Australia, New Zealand and Japan.
-- Erin Udell, Fort Collins Coloradoan

Congrats to the 300+ New Belgium employees who own the company! They still have to vote on the buyout, but I'm sure that Lion has taken that vote into consideration, and made them a sweet offer.

-- Scrib

Introducing Facebook News

People want and benefit from personalized experiences on Facebook, but we know there is reporting that transcends individual experience. We want to support both. Today we’re starting to test Facebook News, a dedicated place for news on Facebook, to a subset of people in the US.
-- Campbell Brown and Mona Sarantakos, Facebook

Facebook doesn't curate my news. It curates my mom.

-- Scrib

Business Insider spoke with over 50 former and current Target workers, many of whom said that the modernization program has changed their stores for the worse, making their jobs unbearably stressful and, in some cases, unsafe.

-- Shoshy Ciment, Business Insider

CNN Business interviewed 23 current and former Target employees in recent months, including department managers, who say hours have been scaled back even as Target has increased starting wages.
-- Nathaniel Meyersohn, CNN Business


The best way of assessing supply and demand in the market is to look at the price. The price of labor is wage growth. And until we see wage growth net of productivity climbing at above 2%, we're not really at maximum employment yet.
-- Minneapolis Fed president Neel Kashkari, interview with Axios