As temperatures rise across the country, many consumers look for a cold cocktail or a frozen treat to cool off and relax. Now an California based company is giving them the chance to have both at the same time.
Belgium-based Anheuser-Busch InBev and Mexico-based Grupo Modelo have confirmed they are in talks to sell the remainder of Modelo to Anheuser-Busch InBev, which already owns a non-controlling 50-percent stake in Modelo. Both sides say although discussions are taking place, a deal — with an expected price tag of $12 billion — is not certain.
A second beer maker has withdrawn its sponsorship of an annual St. Patrick's Day parade because of its refusal to allow gay and lesbians to march.
A co-founder of the frozen yogurt chain Pinkberry has been sentenced to seven years in prison for beating a homeless man with a tire iron.
Sandwich chain Quiznos filed for pre-packaged bankruptcy protection after struggling with high debt and competition.
As California's drought hits winemakers, they've explored new—sometimes novel—ways to sell wine.
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