Business
High Noon Vodka Seltzer At Costco Wholesale
(Kevin Carter/Getty Images)

Pre-workout or pre-game? FDA recalls cans of High Noon that were mislabeled as Celsius

Celsius, the maker of the fizzy energy drinks, was flat on the news.

J. Edward Moreno

Cans labeled as Celsius energy drinks meant to wake you up may have been trying to wind you down, according to a Wednesday recall from the Food and Drug Administration.

The FDA said 12-packs of High Noon Beach Variety were mislabeled as Celsius Astro Vibe, a nonalcoholic caffeinated beverage. The mixup was discovered after High Noon, owned by E&J Gallo Winery, noticed that a shared packaging supplier had mistakenly shipped it empty Celsius cans, the FDA said.

Consumption of the liquid in these cans will result in unintentional alcohol ingestion, the FDA said.

Screenshot 2025-07-30 at 12.45.55 PM
A can of Celsius “Astro Vibe” that may or may not contain spiked seltzer (Celsius)

Celsius stock was flat on the day. The company is up more than 70% since the start of the year as its fizzy energy drinks gain in popularity.

More Business

See all Business
Family Watching Baseball On Tv

Netflix and Disney+ probably only added ad-tier subscribers this year, says Morgan Stanley

As streaming prices climb, ad-free subscribers are becoming a rarity.

Aldi Grand Opening

Discount stores are having a moment in America, drawing high- and low-income consumers alike

Everyone loves a deal in 2025 — and Aldi, Walmart, and Dollar Tree are all cashing in.

Millie Giles12/17/25
business

Report: OpenAI won’t pay a dime in cash for its 3-year licensing deal for Disney IP

More financial details behind the landmark deal that will grant OpenAI three years of access to Disney intellectual property are coming out, and they’re pretty surprising.

The deal will reportedly see OpenAI pay zero dollars in licensing fees, instead compensating Disney in stock warrants. It was previously reported that Disney would invest $1 billion into OpenAI as part of the agreement.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

business

Ford says it will take $19.5 billion in charges in a massive EV write-down

The EV business has marked a long stretch of losing for Ford, and today the automaker announced it will take $19.5 billion in charges tied, for the most part, to its EV division.

Ford said it’s launching a battery energy storage business, leveraging battery plants in Kentucky and Michigan to “provide solutions for energy infrastructure and growing data center demand.”

According to Ford, the changes will drive Ford’s electrified division to profitability by 2029. The company will stop making its electric F-150, the Lightning, and instead shift to an “extended-range electric vehicle” that includes a gas-powered generator.

The Detroit automaker also raised its adjusted earnings before interest and taxes outlook to “about $7 billion” from a range of $6 billion to $6.5 billion.

Ford’s write-down is one of the largest taken by a company as legacy automakers scale back on EVs, giving EV-only automakers a market share boost.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.