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Lessons From America’s Oldest Distillery

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Lessons From America’s Oldest Distillery

America turns 250 this year. Laird & Co., a family-run distillery in Colts Neck, N.J., can beat that—easily.

The roots of the business go all the way back to 1698, when founder William Laird began making and selling spirits; it became a formal business entity in 1780, in the midst of the Revolution. George Washington, according to family lore, enjoyed its signature Laird’s Applejack brandy.

Today, the company has expanded and diversified, and become the leading seller of American apple brandy in the U.S. and abroad. But it still makes its signature product with the same recipe, using the same methods. And it is still run by Lairds.

On some level, the arc of the Lairds’ business mirrors the arc of the country: from a colonial, farm-based economy to a national market stitched together by rail, through the shock of Prohibition and the mobilization of war, and into a modern era of reinvention and consolidation. The specifics change—laws, technologies, tastes—but the underlying challenge remains the same: how to survive in a country that is constantly remaking itself.

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Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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ASIC fails to cancel Clive Palmer’s claims

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ASIC fails to cancel Clive Palmer’s claims

The corporate watchdog has failed to appeal an administrative bid in its action against billionaire Clive Palmer in the Federal Court.

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Macerich prices $403 million stock offering at $21 per share

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Macerich prices $403 million stock offering at $21 per share

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New chief, new chair, more metals for MLG Oz

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New chief, new chair, more metals for MLG Oz

Two decades after he founded mining services firm MLG Oz, Murray Leahy is moving into the boardroom.

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Cronos Group Inc. (CRON:CA) Q1 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Cronos Group Inc. (CRON:CA) Q1 2026 Earnings Call May 11, 2026 8:30 AM EDT

Company Participants

Harrison Aaron
Michael Gorenstein – President, CEO & Chairman
Anna Shlimak – Chief Financial Officer

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Conference Call Participants

Kenric Tyghe – Canaccord Genuity Corp., Research Division
William Kirk – ROTH Capital Partners, LLC, Research Division
Derek Lessard – TD Cowen, Research Division
Pablo Zuanic – Zuanic & Associates

Presentation

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Operator

Good morning. My name is Michelle, and I will be your conference operator today. I would like to welcome everyone to the Cronos 2026 First Quarter Conference Call. Today’s call is being recorded.

At this time, I would like to turn the call over to Harrison Aaron, Senior Director, Investor Relations and Corporate Development. Please go ahead, sir.

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Harrison Aaron

Thank you, Michelle, and thank you for joining us today to review Cronos’ 2026 Q1 financial and business performance. Today, I am joined by our Chairman, President and CEO, Mike Gorenstein; and our CFO, Anna Shlimak. Cronos issued a news release announcing our financial results this morning, which is filed on our EDGAR and SEDAR profiles. This information and the prepared remarks will also be posted on our website under Investor Relations.

Before I turn the call over to Mike, let me remind you that we may make forward-looking statements and refer to non-GAAP financial measures during this call. These forward-looking statements are based on management’s current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ materially from expectations are detailed in our earnings materials and our SEC filings that are available on our website, by which any forward-looking statements made during this call are qualified in their entirety.

Information about non-GAAP

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Albright’s Raw Pet Food voluntarily recalls dog food over salmonella risk

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Albright's Raw Pet Food voluntarily recalls dog food over salmonella risk

An Indiana-based company is voluntarily recalling one of its dog food products due to potential salmonella contamination.

Albright’s Raw Pet Food of Fort Wayne is recalling one lot of its Chicken Recipe for Dogs Complete and Balanced product after routine sampling by the Food and Drug Administration found one composite sample testing positive for salmonella.

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“While we continue to evaluate all available data, Albright’s Raw is proceeding with this voluntary recall to ensure the highest level of safety and transparency,” the company said in the recall notice.

A dog eating.

Albright’s Raw Pet Food is based in Fort Wayne, Indiana. (Getty Images)

CHOCOLATE RECALL HITS COMPANY’S ENTIRE PRODUCT LINEUP OVER SALMONELLA CONTAMINATION FEARS

The recalled products are sold as frozen 1-pound bricks in clear vacuum packaging, and are generally distributed in 30-pound cases, the company said.

One lot of the product is affected and was sold directly to consumers nationwide and to select retailers in California, Massachusetts, North Carolina, New York, South Carolina and Wisconsin and by direct online sales.

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A woman feeding her dog

The recalled products are sold as frozen 1-pound bricks in clear vacuum packaging. (iStock)

FDA EXPANDS CHOCOLATE RECALL TO 8 PRODUCTS NATIONWIDE OVER SALMONELLA FEARS

Albright’s Raw Pet Food said no illnesses associated with the affected lot have been confirmed or reported.

The company advises customers who have purchased the affected product not to feed it to pets and to throw it out or destroy it “in a way that children, pets, and wildlife cannot access it.” A receipt, pictures of the product and information on the place of purchase are required when requesting a refund.

Albright's Raw Pet Food bag.

A bag of Albright’s Raw Pet Food’s Chicken Recipe for Dogs Complete and Balanced. (FDA)

MULTIPLE SNACK MIXES RECALLED, INCLUDING TARGET PRODUCT, OVER RISK OF SALMONELLA CONTAMINATION

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“Albright’s Raw is conducting further investigation on, including third-party laboratory testing, to better understand this finding,” the company said in the FDA notice. “We remain committed to producing safe, high-quality, biologically appropriate pet food and will continue to update our customers and partners as more information becomes available.”

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FOX Business reached out to Albright’s Raw Pet Food for additional comment.

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Kaltura, Inc. (KLTR) Q1 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good morning, everyone, and welcome to the Kaltura First Quarter 2026 Earnings Call. All material contained in the webcast is the sole property and copyright of Kaltura with all rights reserved.

For opening remarks and introductions, I now turn the call over to Erica Mannion at Sapphire Investor Relations. Please go ahead, Erica.

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Erica Mannion
Sapphire Investor Relations, LLC

Thank you, operator, and good afternoon. I am joined by Ron Yekutiel, Kaltura’s Co-Founder, Chairman, President and Chief Executive Officer; and Liron Sharon, Executive Vice President of FP&A and Interim Principal Financial Officer. Ron will begin with a summary of the results for the first quarter ended March 31, 2026, and provide a business update. Liron will then review the financial results for the first quarter of 2026 in greater detail, followed by the company’s outlook for the second quarter and full year 2026. We will then open the call for questions.

Please note that this call will include forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding Kaltura’s expected future financial results, management’s expectations and plans for the business, including execution on our strategic transition and upcoming product launches, integration and expected benefits of our recent acquisitions, trends in customer engagement, anticipated headwinds and our expectations around capabilities and benefits of our products, including AI technologies. These statements are neither promises nor guarantees and involve risks and uncertainties that may cause actual results to differ materially from those discussed here. Important factors that could cause actual results to

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China should stop hoarding food and fertiliser, says former World Bank chief

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China should stop hoarding food and fertiliser, says former World Bank chief

David Malpass’ comments come as US President Donald Trump and China’s Xi Jinping are due to meet in Beijing.

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Wall Street ends slightly higher amid AI fervour

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Wall Street ends slightly higher amid AI fervour

US stocks have closed slightly higher, with AI optimism fuelling upward ‌momentum even as the earnings-driven fervour of the recent rally eased in the home stretch of reporting season.

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Form 144 ROYAL GOLD For: 11 May

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Form 144 ROYAL GOLD For: 11 May

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Walgreens closing Chicago South Side store over theft and declining sales

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Walgreens closing Chicago South Side store over theft and declining sales

Walgreens announced plans to close a location on Chicago’s South Side next month as the store’s profitability suffered due to elevated levels of theft as well as a decline in prescription sales.

The pharmacy chain revealed the reasons behind its decision to close the Walgreens at 86th in Cottage Grove in the Chatham neighborhood of Chicago at a town hall in the community on Saturday.

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“I’m here today because we’re closing the store at 86th and Cottage Grove. But I just want to make sure everyone understands closing stores [is] not our goal. This is the last resort,” Walgreens regional Vice President Reginald Johnson said, according to Fox 32 Chicago.

Walgreens executives revealed at the town hall that the location lost over $1 million last year amid softening prescription sales and significant levels of theft, which resulted in the decision to close the store on June 4.

CHICAGO OFFICE MARKET IN FREEFALL AMID NATIONAL DOWNTURN

An image of medication at a Walgreens pharmacy.

Walgreens is closing a location on Chicago’s South Side next month. (Jeffrey Greenberg/Universal Images Group via Getty Images)

Johnson said that “theft at this store is 16%,” which is “four times above the company average,” which contributed to losses at the store.

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The company said that it took measures to counteract theft at the store, but was unable to put an end to the issues at the location.

“Lock boxes help us protect the merchandise in the store. A lot of the time, those lock boxes were getting destroyed. And that’s at a great cost to the company,” said Walgreens district manager Jason Vasquez, according to Fox 32’s report.

WALGREENS TO CLOSE 1,200 STORES AS PART OF TURNAROUND EFFORT

A city street in Chicago

Walgreens executives said security and lock boxes weren’t sufficient to stop theft at the store. (Al Drago/Bloomberg via Getty Images)

It also said that Walgreens was spending $400,000 a year on security guards at the store, but employees still faced attacks and threats amid the theft at the location.

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“Wev’e had people jump across the counters, because we sell liquor behind the counter, taking liquor, cigarettes,” said Lonnie Fuqua, the store’s manager. “That wears down. Not so much the financial piece but the endurance of that day in and day out.”

Residents and customers of the location expressed concern at the town hall about access to their prescriptions and frustration with having to go to a location farther away from their neighborhood, Fox 32 reported.

CHICAGO COMMUNITY LEADER MAKES PLEA FOR BILLIONAIRES’ RETURN TO THE WINDY CITY

Walgreens store in NYC

Walgreens is in the process of closing about 1,200 stores nationwide. (Lindsey Nicholson/UCG/Universal Images Group via Getty Images)

The company is encouraging customers to use another Walgreens location that’s about 1 mile away and is reaching out via mail and email to inform customers about how they can have their prescriptions delivered by mail.

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“For seniors, there’s some solutions that have been put in place where you’ll get free delivery. That has already started for those medications you may have that, under the law, can be delivered,” Fuqua said.

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FOX Business reached out to Walgreens for comment.

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