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.
Moody’s downgrades banks; Blackrock fund manager leaves; Twitter suffers an outage; AIG docks a chief for an inter-office relationship.
The markets jump on reports central banks are putting plans in place to prepare for the Greek elections; UK bankers say they will take whatever steps necessary to protect their currency; the video game industry continues its free fall; Allen Stanford is sentenced to 110 years in jail.
General Mills changed its Facebook policy: if you 'like' their brands or download coupons, you forfeit the right to sue.
Chipotle's feeling the food cost pinch too and plans to pass along some of its increased costs to customers soon.
Shares of major drink makers got battered on Thursday after Diageo and Rémy Cointreau posted poor results.
From spiced bourbon to a new #nevertamed campaign, here's what Wild Turkey is doing to capitalize on the bourbon boom.
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