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<keyword id="6355394" type="COMPANY" weightage="80" keywordseo="United-Spirits">United Spirits</keyword>, the country's largest liquor company and the maker of McDowell's No 1 and <keyword id="2871626" type="UNKNOWN" weightage="80" keywordseo="Royal-Challenge-whisky">Royal Challenge whisky</keyword>, reported a net loss of Rs 1799.3 crore during the January-March quarter. Exceptional items, including provision for loans and advances to <keyword id="169273" type="COMPANY" weightage="80" keywordseo="Whyte-Mackay">Whyte &amp; Mackay</keyword> debt, was at Rs 1755 crore. 
	 

	Total income rose nearly 6% to Rs 2,051.3 crore in the fourth quarter from Rs 1,943 crore last year. Staff costs increased 45.3% to Rs 212.3 crore including Rs 34 crore towards provisions for its employee incentive scheme. United Spirits is now controlled by <keyword id="227706" type="COMPANY" weightage="80" keywordseo="Diageo-Plc">Diageo Plc</keyword>. It managed to reduce its operating loss during the fourth quarter to Rs 11.9 crore from Rs 927 crore in the corresponding quarter last year. 
	 

	Gross margins improved by 480 basis points partly helped by 1% decline in advertising and promotion spends at Rs 196 crore. United Spirits’ profits are down for the quarter due to provisions for loans at Rs 184.85 crore while loss on sale of shares of a subsidiary was Rs 10.85 crore. Provision for a loan to a related party amounted to Rs 995.46 crore and profit on sale of <keyword id="130726" type="UNKNOWN" weightage="80" keywordseo="manufacturing-unit">manufacturing unit</keyword> was Rs 35.65 crore. 
	(Image: Indiatimes)

United Spirits in low spirits! The firm posts loss at Rs 1,799 crore

<keyword id="6376435" type="ORGANIZATION" weightage="60" keywordseo="Ministry-of-corporate-affairs">Ministry of Corporate Affairs</keyword> and the <keyword id="65338" type="ORGANIZATION" weightage="60" keywordseo="Income-Tax-Department">Income Tax Department</keyword> has issued notices to <keyword id="6355394" type="COMPANY" weightage="80" keywordseo="United-Spirits">United Spirits</keyword> after the company’s current administration ordered an enquiry over loans given away by <keyword id="14678" type="PERSON" weightage="80" keywordseo="Vijay-Mallya">Vijay Mallya</keyword>’s <keyword id="81868" type="COMPANY" weightage="80" keywordseo="United-Breweries">United Breweries</keyword>. 
 
According to media reports the company has asked the present CEO Anand Kripalu to look into "possible existence of any other transaction of a similar nature". "The Board also believes that it is necessary to assess whether additional matters or the transactions with the additional parties were improper." USL asserted. 
 
In September 2014, USL ordered an investigation into the “role of individuals involved and potential non-compliance” of the Companies Act, 1956. This happened after Diageo bought a whopping 55% stake in the company for around $3 billion. 
 
Come April this year, the Diageo led new management asked Vijay Mallya to give up chairmanship of USL. It alleged that several legal violations were found in an enquiry into loans worth Rs. 1,337 crore given by USL to United Breweries. 
 
Mallya however refused to quit saying that Diageo has ‘contractual obligation’ to support him as Chairman and Director. 
 
(Image credit: icarus)

MCA and I-T would probe United Spirits

<a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Vijay Mallya</a> is reportedly in advanced talks with <a href="http://www.businessinsider.in/searchresult.cms?query=Diageo">Diageo</a> to exit <a href="http://www.businessinsider.in/searchresult.cms?query=United+Spirits">United Spirits</a> completely. Mr. <a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Mallya</a> is set to sell his entire stake (around 5%) in USL to <a href="http://www.businessinsider.in/searchresult.cms?query=Diageo">Diageo</a> at the current market value. Post that, he will step down from the board of his company. 
 
This might end Mr. <a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Mallya</a>’s scuffle with <a href="http://www.businessinsider.in/searchresult.cms?query=Diageo">Diageo</a> on grounds of alleged fund diversion. He has also promised to settle his dues in <a href="http://www.businessinsider.in/searchresult.cms?query=Kingfisher+Airlines">Kingfisher Airlines</a> by the end of this fiscal. This deal would give him enough cash to settle a large chunk of the Rs. 6200 Crore debt. 
 
When contacted <a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Vijay </a><a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Mallya</a>'s spokesperson said, "We have no immediate plans to sell our stake in <a href="http://www.businessinsider.in/searchresult.cms?query=United+Spirits">USL</a> as we believe it is an excellent portfolio to retain." <a href="http://www.businessinsider.in/searchresult.cms?query=Diageo">Diageo</a>'s official statement is, "Do not comment on market speculations." 
 
Image credit: Indiatimes

Vijay Mallya no more the ‘King of Good Times’, to exit
United Spirits

Over 13 banks including the <a href="http://www.businessinsider.in/searchresult.cms?query=State+Bank+of+India">State Bank of India</a> approached the <a href="http://www.businessinsider.in/searchresult.cms?query=Supreme+Court">Supreme Court</a> on Tuesday to prevent <a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Vijay Mallya</a>, once called India’s <a href="http://www.businessinsider.in/searchresult.cms?query=Richard+Branson">Richard Branson</a>, from fleeing the country. 
 
However, <a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Mallya</a> seems to have left a few days ago. Oops, too little too late. Catch him if you can! 
 This is a day after the <keyword id="44647" type="ORGANIZATION" weightage="100" keywordseo="debt">Debt</keyword> Recovery Tribunal (DRT) restrained <a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Mallya</a> from blowing the Rs. 515 Crores <a href="http://www.businessinsider.in/searchresult.cms?query=Diageo">Diageo</a> paid him. This was in the hope he’ll pay that money to the banks. The banks wanted DRT to freeze <a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Mallya</a>'s passport and issuance an arrest warrant to hold him back. The banks didn’t want him to leave as they claim he still owns them over Rs. 9,000 Crores. 
 
This is after <a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Mallya</a> recently said he wanted to settle in London. So where did he leave for? No one knows. <a href="http://www.businessinsider.in/searchresult.cms?query=Vijay+Mallya">Mallya</a>'s spokesperson claims she has no information about his whereabouts. He was apparently only communicating through e-mail. A man vanished, like fart in the wind. Cue gif! 
 
The petitioner banks approached the Karnataka High Court but didn’t get any interim order. They grudgingly say the HC failed to protect their interest. The list includes <a href="http://www.businessinsider.in/searchresult.cms?query=State+Bank+of+India">SBI</a>, Bank of Baroda, Punjab National Bank, State Bank of Mysore, UCO Bank, United Bank of India, Indian Overseas Bank, Punjab and Sind Bank, Axis Bank, Bank of Baroda, Corporation Bank, Federal Bank and IDBI Bank. 
 
Now they're trying to get him to return. #GharWapsi with a twist, eh? 
 
<a href="http://media.indiatimes.in/media/content/2015/Dec/mal1_1450344577.jpg">Image Source</a>

Vijay
Mallya - the escapee who didn't escape, apparently

New Delhi, Jan 28 () United Spirits Ltd (USL) shares on Tuesday zoomed 14 per cent after the company reported a 15.19 per cent rise in consolidated net profit for the December 2019 quarter.
 The stock advanced 14 per cent to close at Rs 656.40 on the BSE. During the trade, it jumped 15.15 per cent to Rs 663.05.
 On the NSE, it climbed 13.58 per cent to settle the day at Rs 653.90.
 In terms of traded volume, 14.48 lakh shares of the company were traded on the BSE and about 2.6 crore units exchanged hands on the NSE.
 Liquor major USL on Monday reported an increase of 15.19 per cent in consolidated net profit at Rs 232 crore for the third quarter ended December, 2019.
 The company had posted a net profit of Rs 201.4 crore in the year-ago quarter, USL said in a regulatory filing.
 Its revenue from operations was marginally up at Rs 7,812.3 crore during the quarter under review as against Rs 7,777.1 crore in the corresponding quarter last year. 



 
 SUM RUJ
RUJ

United Spirits shares soar 14 pc after Q3 results

Make this Valentine’s Day more special by making delicious cocktails, for your partner or for yourself. 
 
These cocktails are perfect to either woo your partner by your cozy bar corner or treat your friends a house party. 
 
<a href="http://www.businessinsider.in/check-out-bluestone-coms-quirky-customized-collection-for-valentines-day/articleshow/57082192.cms">ALSO READ: Check out BlueStone.com’s quirky customized collection for Valentine’s Day</a> 
 These exclusive cocktails have been prepared using Black Dog Triple Gold Reserve, <keyword id="713116" type="PERSON" weightage="20" keywordseo="Smirnoff">Smirnoff</keyword> Red, and <keyword id="2043" type="COMPANY" weightage="20" keywordseo="Johnnie-Walker">Johnnie Walker</keyword> Red Label and are curated by Ajay Nayyar, United Spirits Brand Ambassador 
 
<a href="http://www.businessinsider.in/the-highest-rated-valentines-day-destinations-perfect-for-last-minute-escape/articleshow/57128533.cms?format=slideshow">ALSO READ: The highest rated Valentine’s Day destinations perfect for last minute escape</a>

Let these cocktails keep you company this Valentine’s
day

SBI, JSW Steel, United Spirits and other stocks to watch out for on May 21

<ul class="summary-list"><li>An ownership feud has forced the <keyword id="11898436" type="UNKNOWN" weightage="60" keywordseo="nwsl" source="Orion">NWSL</keyword>'s <keyword id="11931248" type="UNKNOWN" weightage="60" keywordseo="washington-spirit" source="Orion">Washington Spirit</keyword> to train at a local high school.</li><li>The team held recent practices at Episcopal High School in Alexandria, Virginia, per <a href="https://theathletic.com/2911748/2021/10/25/washington-spirit-training-at-local-high-school-amid-dispute-with-d-c-united-over-facility-use/">The Athletic</a>.</li></ul>The Washington Spirit are once again embroiled in controversy.And their players are paying the price.The National Women's <keyword id="11897666" type="UNKNOWN" weightage="60" keywordseo="soccer" source="Orion">Soccer</keyword> League club has been holding recent training sessions at Episcopal High School in Alexandria, Virginia, amidst a feud between the franchise's ownership and that of MLS side DC United.<div type="image" title="Washington Spirit striker Trinity Rodman." height="2699" width="3599" msid="87403687" hostid="261"></div>Between Audi Field and a new training center in Virginia's Loudoun County, the Spirit have practiced at United-owned facilities throughout the 2021 NWSL season. And while an agreement signed in 2019 offered Washington's players access to the new training center as soon as it was completed, the MLS club's leadership and the Spirit's owners have failed to come to terms on the price tag.According to <a href="https://theathletic.com/2911748/2021/10/25/washington-spirit-training-at-local-high-school-amid-dispute-with-d-c-united-over-facility-use/">The Athletic's Pablo Maurer</a>, DC United's management requested $16,000 per month from the NWSL side for use of <a href="https://www.dcunited.com/news/dc-united-break-ground-new-training-facility">the complex</a>, which boasts grass fields, a weight room, recovery facilities, and a film room.Washington - which has been in the throes of a not-so-secret internal power struggle between owners Michele Kang and Steve Baldwin - is reportedly reluctant to make any long-term commitments until the dust settles. In the face of <a href="https://www.insider.com/us-soccer-club-honors-cia-nsa-leader-fans-upset-2021-8">mounting public pressure</a>, Baldwin stepped back from his role as CEO and managing partner of the Spirit and later confirmed <a href="https://www.washingtonpost.com/sports/2021/10/14/steve-baldwin-washington-spirit-sale-michelle-kang/">his intention to sell his shares</a> in the club.But Baldwin's actions as owner of the club may have led to DC United's hard stance against the club. In May, the tech executive wrote <a href="https://washingtonspirit.com/2021/05/23/a-message-from-managing-partner-steve-baldwin/">a letter addressed to "Spirit Nation"</a> in which he blamed United for scheduling issues that resulted in the NWSL moving a Washington home game to Houston. <div type="image" title="Fans hold signs lobbying Washington Spirit owner Steve Baldwin to sell his stake in the NWSL franchise." height="1667" width="2500" msid="87403689" hostid="261"></div>According to Maurer, "the relationship between United and the Spirit soured" after the club published Baldwin's note.Washington has already clinched its spot in the newly-expanded NWSL playoffs with one game remaining in the regular season. Whether players will continue training at a local high school while pursuing the franchise's first-ever NWSL championship still remains to be seen.

The NWSL's Washington Spirit have been forced to train at a high school because of an ownership feud

Stock prices of major liquor stocks, including United Spirits and Radico Khaitan plunged on Tuesday after the Delhi <keyword id="26362" type="COMPANY" weightage="20" keywordseo="Government">government</keyword> imposed a 70% 'special corona fee' on the sale of alcohol in the city. Other states like <keyword id="37102" type="LOCATION" weightage="20" keywordseo="Andhra-Pradesh">Andhra Pradesh</keyword> have also raised taxes on liquor as all possible avenues of boosting revenue are being explored to fight Covid-19 outbreak. <div type="Article" hostid="261" msid="75545892" title="Booze 70% costlier as Delhi slaps special corona fee starting today" mstype="2" mssubtype="0"></div> Around 11.30 a.m., shares of Radico Khaitan, the maker of Magic Moments and Rampur Indian Single Malt Whisky, were at Rs 303.85, lower by Rs 12.75 or 4.03 per cent from its previous close. Stocks of United Spirits were at Rs 527.65 per share, lower by Rs 13.95 or 2.58 per cent from the previous close. United Spirits produces the brands Black Label, Black Dog and 'Smirnoff' vodka among others. Further, the scrip of <keyword id="81868" type="DOMAIN" weightage="20" keywordseo="United-Breweries">United Breweries</keyword>, the maker of the '<keyword id="6360137" type="COMPANY" weightage="20" keywordseo="kingfisher">Kingfisher</keyword>' brand of beer, also fell around two per cent. Around 11.30 a.m. it was trading at Rs 948.55, lower by Rs 21.55 or 2.22 per cent from the previous close. In an order issued late on Monday night, the Finance Department imposed the fee, describing it as the 70 per cent of the maximum retail price on all categories of liquor sold through retail licensees for consumption "off" the premises. "The Delhi government has levied a Special Corona Fee -- 70 per cent of the Maximum Retail Price (MRP) -- on all categories of liquor from the consumer at the Point of Sale by the retail vend licensees for consumption off the premises, which will be further reimbursed to the Government," the order signed by Deputy Commissioner (Excise) said. The liquor industry, however, has said that the move would have negative impact on the industry economy. Vinod Giri, Director General of the Confederation of <keyword id="9026991" type="COMPANY" weightage="20" keywordseo="indian-alcoholic-beverage-companies">Indian Alcoholic Beverage Companies</keyword> (CIABC) said that such steep hike in levies could be counter-productive in the long run. <div type="Article" hostid="261" msid="75548883" title="Andhra Pradesh government hikes liquor prices by another 50%" mstype="2" mssubtype="0"></div>

Major liquor stocks price plunge after state governments levy Corona fee

<ul class="summary-list"><li>United and Spirit have both announced pay incentives in an effort to alleviate labor shortages. </li><li>United pilots are eligible for triple pay for extra unstaffed flights they pick up through January 29. </li></ul>After a chaotic holiday travel week plagued by <a href="https://www.businessinsider.com/why-airlines-canceling-flights-covid-omicron-staff-shortages-2021-12">mass cancellations and delays</a>, some airlines are turning to temporary salary bumps in an effort to incentivize workers and alleviate labor shortages. <keyword id="11929276" type="UNKNOWN" weightage="60" keywordseo="united-airlines" source="Orion">United Airlines</keyword> and <keyword id="11971364" type="UNKNOWN" weightage="60" keywordseo="spirit-airlines" source="Orion">Spirit Airlines</keyword> both announced pay increases for select staffers on Friday, which include tripling pay for United pilots who take extra flights through January 29 and doubling pay for Spirit flight attendants for shifts through January 4.The policies come into effect as the airline industry struggles to fill staffing holes caused by the spread of the <keyword id="12616996" type="UNKNOWN" weightage="60" keywordseo="omicron" source="Orion">Omicron</keyword> coronavirus variant, which has prompted more than <a href="https://www.businessinsider.com/why-airlines-canceling-flights-covid-omicron-staff-shortages-2021-12">20,000 flight cancellations</a> since Christmas Eve, according to the flight-tracking service FlightAware.The incentives also follow a significant uptick of verbal and physical assaults made against airline staffers in recent months. <a href="https://www.faa.gov/data_research/passengers_cargo/unruly_passengers/">The Federal Aviation Association</a> reported a total of 5,779 incidents involving unruly passengers, a majority of which involved disagreements over mask requirements, according to available data through December 21, 2021. Bryan Quigley, United's senior vice president for flight operations, notified pilots of the triple pay opportunity in a memo circulated on Friday. In the letter, which was obtained by Insider, Quigley said the incentive was developed in tandem with the Air Line Pilots Association, and will apply to workers who take on unstaffed trips through January 29."Thank you all for your hard work and professionalism during this holiday season," Quigley wrote in the memo. "We continue to do everything we can to take care of our customers during this challenging time and today I'm happy to share a significant update: we worked with the ALPA to provide additional compensation for pilots."Spirit Airlines employees also learned of salary incentives on Friday through their union, the Association of Flight Attendants-CWA, which announced all flight attendants would be eligible for double pay through January 4. "All flight attendants, regardless of how you have obtained your pairing, will be receiving 200% pay for any pairing that touches Dec. 28 through Jan. 4," the AFA-CWA said in a statement.As of Saturday afternoon, there were more than 2,400 flight cancellations and nearly 2,000 delays, according to <a href="https://uk.flightaware.com/live/cancelled/today">FlightAware</a>. Many airlines have already proactively canceled flights throughout the month in anticipation of staffing shortages, including JetBlue, which also announced it will <a href="https://www.businessinsider.com/jetblue-cutting-around-1280-flights-letting-flyers-cancel-tickets-omicron2021-12?r=US&amp;IR=T">allow customers to change or cancel flights</a> for free through mid-January.

United and Spirit Airlines announce temporary pay bumps for pilots and flight attendants in effort to alleviate labor shortages

<ul class="summary-list"><li><keyword id="11896643" type="UNKNOWN" weightage="60" keywordseo="united" source="Orion">United</keyword> is offering non-alcoholic spirits to lounge members during <keyword id="12832158" type="UNKNOWN" weightage="60" keywordseo="dry-january" source="Orion">Dry January</keyword>. </li><li>I visited a United Club location and tried the Clean Co. boozeless beverages. </li></ul>United <keyword id="11898285" type="UNKNOWN" weightage="60" keywordseo="airlines" source="Orion">Airlines</keyword> is getting in on the <a href="https://www.businessinsider.com/young-women-sober-curious-movement-bella-hadid-kin-ritual-2021-11">sober curious movement</a>.For Dry January, United is offering samplings of <a href="https://clean.co/">Clean Co.</a>, a UK-based, non-alcoholic spirits manufacturer. The free Clean Co. drinks are available at United Clubs in Newark, San Francisco, Los Angeles, and other United hubs.Beverage analysts predict <a href="https://www.businessinsider.com/beverage-analysts-predict-non-alcoholic-spirits-to-grow-in-2022-2021-11">non-alcoholic drinks</a> will continue to explode in sales as <a href="http://www.monitoringthefuture.org/">fewer young people imbibe</a>. Non-alcoholic beverage sales increased 33% to $331 million between 2020 and 2021, according to data from Nielsen.The rise in non-alcoholic drinks is part of an overall growth in the <a href="https://www.businessinsider.com/wealthy-travelers-spending-habits-wellness-tourism-retreats-self-care-2019-6">wellness market</a>, which refers to products that help consumers lead healthier lives. Millennials and Gen Z are already big on <a href="https://www.businessinsider.com/dry-january-sober-curious-taking-break-from-drinking-stress-2021-12">Dry January</a>, or when drinkers take a break from alcohol during the first month of the year.I visited a United Club at the Newark airport to try out the non-alcoholic drinks. Here's what it was like.<h2>Out of the three "spirits" I tried, one was a clear winner</h2><div type="image" title="Insider reporter Allana Akhtar visited United Club in Newark Liberty International Airport to try non-alcoholic drinks, part of the airline's Dry January initiative" height="577" width="768" msid="89122735" hostid="261"></div>After getting through security at Newark Liberty International Airport, I walked a short distance to the <a href="https://www.united.com/ual/en/us/fly/products/travel-options/united-club.html">United Club</a>. The lounges provide free food, drinks, and WiFi to frequent United flyers that pay for a subscription.Clean Co.'s table was situated just to the side of the United Club's large bar and offered three "spirits" to members: non-alcoholic rum, gin, and tequila. I noticed some United Club members stopping by the Clean Co. table on the way to the bar, including one man who thought the drinks were alcoholic, and seemed delighted by how good the non-alcoholic samples tasted.Another woman overheard my conversation with Eric Kaplan, a Clean Co. representative at the United Club location, and stopped by the table when she realized the drinks were not alcoholic. I tried the "rum" first because Kaplan said it was his favorite spirit. I was impressed at the dark brown color of the drink, which matched the color I've seen in real rum bottles. As sobriety influencers have told me in the past, having non-alcoholic drinks that closely resemble the real things help with socializing in bars and clubs. The "rum" boozeless spirit tasted like a light, herbal iced tea. I tasted holiday spices that reminded me a bit like a star anise tea. Although I was a little worried the half a glass would be too strong for me to finish, I drank most of it and would be happy to get it again in a larger cup.Next, I tried the "gin" with a lime wedge. Although the gin smelled a little alcoholic, the taste was unlike anything I've ever had. The drink had the taste of a mildly flavored water, but without the chemical and unnatural flavor you get from flat LaCroix. I really enjoy infused waters and drank the entire "gin" serving. Lastly I tried the "tequila," which Kaplan mixed with a little bit of tonic water. The "tequila" had by far the strongest flavor profile, similar to a sour, lime-infused water. The taste wasn't unpleasant, but it would be better mixed with soda or fruit juice. Overall I genuinely enjoyed all three spirits, but would pick the gin over the other two options.<div type="image" title="Insider reporter Allana Akhtar visited United Club in Newark Liberty International Airport to try non-alcoholic drinks, part of the airline's Dry January initiative" height="768" width="1024" msid="89122736" hostid="261"></div><h2>I appreciated United's Dry January initiative in light of last year's rise of violence against flight attendants</h2>It was refreshing to see that the Clean Co. stand created a welcoming environment for both drinkers and non-drinkers, particularly after last year's rise in violence towards airline workers. The Federal Aviation Administration received a <a href="https://www.faa.gov/data_research/passengers_cargo/unruly_passengers/2021_archive/">record 5,981 reports of unruly airline passengers</a>. Flight attendants said they had been kicked, assaulted, verbally attacked, and spit on as a result of the rise in unruly passengers.Flight attendants earlier told Insider passenger aggression had a higher likelihood of escalating if the person had been drinking. Airlines like Southwest, United, and American, extended a <a href="https://www.businessinsider.com/flight-attendants-on-alcohol-on-board-mask-enforcement-violence-2021-6">ban or partial ban on alcohol service</a> last year on some flights as a result of the violence. "The incidents of violence on planes is out of control and alcohol is often a contributor," a spokesperson for the Association of Flight Attendants union told Insider in June. "The federal government should provide guidance to airlines and airports on pausing alcohol sales for a period of time."United will offer Club members Clean Co. beverages for the rest of January, and might bring them back if they receive requests to do so on customer feedback forms.

You Searched For "united spirits" and got 11 results

United Spirits in low spirits! The firm posts loss at Rs 1,799 crore

BI India Bureau

MCA and I-T would probe United Spirits

BI India Bureau

Vijay Mallya no more the ‘King of Good Times’, to exit United Spirits

BI India Bureau

Vijay Mallya - the escapee who didn't escape, apparently

Saikat Pyne

United Spirits shares soar 14 pc after Q3 results

PTI

Let these cocktails keep you company this Valentine’s day

Tanya Dubey

SBI, JSW Steel, United Spirits and other stocks to watch out for on May 21

Rounak Jain

The NWSL's Washington Spirit have been forced to train at a high school because of an ownership feud

Meredith Cash

Major liquor stocks price plunge after state governments levy Corona fee

IANS

United and Spirit Airlines announce temporary pay bumps for pilots and flight attendants in effort to alleviate labor shortages

Bethany Biron

United is jumping on the non-alcoholic cocktail craze and offering boozeless spirits in its exclusive clubs for top-flyers

Allana Akhtar

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