Jeff Brown: "I Warned You About Elon Musk..."

While everyone said Tesla was finished... On June 11, I predicted that we were on the cusp of one of the most shocking comebacks in Wall Street history. Sure enough, Tesla is now up 25% and recovered all 2025 losses. But this is just the beginning of Elon's $25 trillion breakthrough.

Top Japanese beverage giant Suntory's chief resigns as he faces a drug probe

YURI KAGEYAMA
September 02, 2025

TOKYO (AP) -- Takeshi Niinami, chief executive of Japan's major beverage maker Suntory, resigned Tuesday to take responsibility for being under investigation for alleged possession of an illegal drug.

Suntory Holdings President Nobuhiro Torii, who is from the company's founding family, told reporters the company had accepted Niinami's resignation.

Torii was vague about details such as the type of allegedly illegal drug, saying the case was still under investigation.

Niinami, 66, is an prominent business leader who is credited with guiding strong growth at Suntory, which makes whisky, beer and non-alcoholic beverages. He became the company's chief executive in 2014, and has won respect across the industry for his prominent role in lobbies that represent industry to the government.

"He was a dynamic and decisive leader whom I respect greatly. During a decade of his leadership, both profits and sales grew dynamically," Torii told reporters.

It was unclear who would take Niinami's place. Torii said he was already in a leadership role alongside Niinami and would take full responsibility for the business, including its overseas operations.

Torii said Niinami had contributed greatly to the company over the years, but that the resignation was inevitable because of "governance issues."

It is common in Japan for people who cause embarrassment for a group to give up their posts. Japan's culture stresses accountability and avoidance of shame.

"Regardless of whether he is found innocent or guilty, we feel he is not fit for the job," Vice President Kenji Yamada told reporters.

Torii and Yamada said the alleged drug in question might have been a "supplement" that Niinami acquired personally. Suntory, founded in 1899, is well known for whisky and soft drinks, but also makes supplements.

They quoted Niinami as saying he didn't know the supplement was illegal. The police probe started last month, they said, while declining to give other details.

The company's announcement came after markets closed. Suntory's shares traded in Tokyo gained 2.9% on Tuesday.

___

Yuri Kageyama is on Threads: https://www.threads.com/@yurikageyama

Continue Reading...

Popular

Jim Cramer Recommends Buying This Industrial Stock, Calling It 'Way Too Cheap'

"Mad Money" star Jim Cramer discusses MP Materials, Resideo Technologies and Canadian National Railway on Friday, Sept. 12.

Cathie Wood, Dan Ives Align On These 11 AI Stock Picks — Some Might Surprise You

Cathie Wood and Dan Ives have 11 stocks in common across ETFs. A look at the AI stocks the two key figures are betting on.

Discover 3 Stocks Projected to Dethrone Nvidia (NVDA) - Ad

Futurist and Stock Analyst, Eric Fry, published a brand-new research report naming three outsider stocks have the power to completely disrupt the "seemingly invincible" Mag 7. For the time being, this research report is available through this page - at no charge.

Tucker Carlson Asks OpenAI CEO Sam Altman If He Ordered Employee's Murder

During an interview with OpenAI CEO Sam Altman, Tucker Carlson suggested Altman may have played a role in the death of former employee Suchir Balaji.

Murdoch Family Succession Battle Settled: Fox News Will Stay Conservative

The Murdoch family's succession battle has ended, with Lachlan Murdoch cemented as the new leader of Rupert Murdoch's vast media empire.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Wizard Of Oz Fed And $100 Silver, 'Most Dangerous Time In 40 Years'

Veteran investor Peter Grandich is warning that the market is overlooking the biggest signals in decades, with precious metals and insider selling flashing red.

Alabama Just Took Equity in a Retail Underdog - Ad

The Univ. of Alabama Athletics program is backing a tiny Nasdaq company-one that's rewriting the playbook. The last retail underdog to move like this? Fanatics and their $31B valuation.

South Korean workers released after days of detention in Georgia return home

INCHEON, South Korea (AP) — A plane carrying more than 300 South Korean workers after days of detention in Georgia landed in South Korea on Friday.

TikTok + Touchdowns = Momentum - Ad

NIL deals and social media clout are now driving merch sales into the billions. One Nasdaq disruptor is first to align with a football dynasty and a commerce giant.

Elon Musk's SpaceX Acquires EchoStar Spectrum To Transform Global Satellite Connectivity

EchoStar is selling AWS-4 and H-block spectrum to SpaceX for $17 billion, funding debt payments and expanding 5G services with Starlink Direct to Cell.

Homes Have Shrunk To The Smallest Average Size In 20 Years: Here's Why It Happened

Newly built homes in the U.S. are shrinking due to higher mortgage rates and affordability concerns. Buyers are adjusting expectations.

Why Is Trump Fast-Tracking These 3 Stocks? - Ad

AI isn't the only game-changer on Wall Street right now. President Trump is fast-tracking a select group of U.S. companies-quietly accelerating their growth and profit potential. According to legendary investor Louis Navellier, this move could ignite a massive stock surge...And he's identified three companies that stand to benefit most.

OpenAI To Mass-Produce 1st Proprietary AI Chip With Broadcom, Secures $10 Billion Deal: Report

OpenAI is set to begin mass production of its first proprietary artificial intelligence chip next year through a partnership with Broadcom.

Trump's Tariffs, Wall Street's Fear Gauge And A Veteran Economist's Dire Warning: This Week In Economy

Markets kicked off September on shaky ground as tariffs, weak jobs data, and warnings of a global collapse rattled investor confidence and fueled volatility.

Could You Use Some Instant Cash Upfront? - Ad

Millionaire trader Jeff Clark's #1 income strategy gives you the chance to collect instant cash payouts, as much as $100 to $1,000 upfront! The great part is you can collect these upfront cash payouts without owning a single stock.... Jeff's put all the details in a special briefing titled Infinite Income Manifesto.

Skye Bioscience Advances Position In Competitive Obesity Market With Promising Data

Skye Bioscience's latest data show nimacimab boosted tirzepatide's weight loss effects and reduced obesity treatment rebound risk.

NTSB describes the turbulence that threw passengers around the cabin on a Delta flight

Passengers who weren't buckled aboard a Delta Air Lines flight to Europe would have been violently thrown into the ceiling and back down to the floor in July in a thunderstorm over Wyoming, according to a new report on the incident.

[Revealed] Trump's Next AI Executive Orders? - Ad

A White House insider with direct ties to Trump's inner circle just revealed what he calls "Manhattan II" - a potential $2.2 trillion AI initiative set to launch as soon as Oct 15. He says this could mirror past U.S. projects that minted fortunes - with small firms soaring 5,000% to 10,000% over two decades. And now he's giving away his #1 stock pick for free before the deadline.

What's Happening With Regeneron Pharmaceuticals Stock On Monday?

Regeneron's Phase 3 trials for cat and birch allergies show significant symptom relief and strong safety results, paving the way for future development.

Bill Ackman Promises $1 Million Fund To Support Charlie Kirk's Family And Matches Contribution To Help FBI Catch His Killer

Following the assassination of conservative political activist Charlie Kirk, billionaire investor Bill Ackman has pledged to create a $1 million endowment for Kirk's family alongside a contribution to FBI reward.

Tesla's 250x AI Miracle - Ad

After declining sales, Trump's threats, and a 45% stock plunge... Tesla just roared back to positive territory. And mark my words, this is just the beginning. Because once Tesla's 250x AI breakthrough goes mainstream on October 23... We're looking at a wealth creation event 14x bigger than the ChatGPT boom.

Explosions heard in Lithuania's capital after railcars loaded with liquefied gas catch fire

VILNIUS, Lithuania (AP) — Powerful explosions were heard in the suburbs of Lithuania's capital Wednesday morning after several railcars loaded with liquefied gas caught fire, authorities said.

At TIFF, the mid-sized movie strives to survive

TORONTO (AP) — Anyone will tell you it’s the audiences that make the . They aren’t purely industry folks, like they are in Cannes or Venice, but more boisterous, enthusiastic moviegoers with their own rituals, like growling like buccaneers at the piracy warning that plays before each screening.

Fanatics Hit $31B. This Nasdaq Company Is Building the Next Wave - Ad

Fanatics built a merch empire by owning the fan experience. But a $50M Nasdaq disruptor is updating their strategy for the social media generation. and they just locked in a game-changing college deal. Could this be retail's next big run?

Co-Diagnostics Stock Plunges 28% In Pre-Market Despite Strategic Saudi Partnership

Co-Diagnostics (CODX) shares dropped 24.87% in pre-market trading after an 80.76% surge, despite announcing a strategic partnership.

Trump Will 'Take Over The Fed,' Larry Kudlow Says

Jerome Powell is the Federal Reserve Chairman until May 2026. What comes after that is anyone's guess. Economist Larry Kudlow makes his predictions.

Jeff Brown: "I Warned You About Elon Musk..." - Ad

While everyone said Tesla was finished... On June 11, I predicted that we were on the cusp of one of the most shocking comebacks in Wall Street history. Sure enough, Tesla is now up 25% and recovered all 2025 losses. But this is just the beginning of Elon's $25 trillion breakthrough.

Economists Warn 'Stagflation Is In The Room' Amid Interest Rate Cut News: 'The Fed Has No Idea Where Inflation Will Be,' Says Peter Schiff

Leading economists are reacting to the Federal Reserve's decision to cut interest rates by 25 basis points on Wednesday, with some lauding the central bank's independence, and others warning of difficult times ahead.

Anthony Scaramucci Says 'All Will Be Well' Amid NAKA Stock Volatility: David Bailey Admits 'Investors Are Down Money'

Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, lent support to David Bailey on Tuesday, whose newly formed Bitcoin (CRYPTO: BTC) treasury company Kindly MD Inc. (NASDAQ:

Discover 3 Stocks Projected to Dethrone Nvidia (NVDA) - Ad

Futurist and Stock Analyst, Eric Fry, published a brand-new research report naming three outsider stocks have the power to completely disrupt the "seemingly invincible" Mag 7. For the time being, this research report is available through this page - at no charge.

Ukrainian drones strike one of Russia's top oil refineries, sparking fire

Ukrainian drones overnight struck one of Russia’s largest oil refineries, sparking a fire, according to Russian officials and Ukraine’s military.

Why Redwire Stock Is Gaining Today

Redwire climbs about 4% after subsidiary Edge Autonomy wins a European NATO ally contract to supply Stalker Group 2 reconnaissance drone.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Alabama Just Took Equity in a Retail Underdog - Ad

The Univ. of Alabama Athletics program is backing a tiny Nasdaq company-one that's rewriting the playbook. The last retail underdog to move like this? Fanatics and their $31B valuation.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service