On Saturday, Trump said he would impose additional sanctions against Iran in a bid to prevent the country obtaining nuclear weapons.World Politicsread more
The major indexes have stretched to all-time highs and are riding one of their best first halves in decades.Trading Nationread more
Tensions between the U.S. and Iran will likely escalate in the near future, a former adviser to the Iranian government said on Monday.Energyread more
Chinese vice commerce minister said Monday that Beijing would like the U.S. to cancel "inappropriate" actions against Chinese companies.China Economyread more
Eldorado Resorts has agreed to merge with Caesars Entertainment in a cash and stock deal that values its peer at about $17.3 billion including debt.Casinos and Gamingread more
A decisive win for Turkey's main opposition party in a re-run of a mayoral election in Istanbul this weekend has prompted hopes for economic and political change.Europe Politicsread more
Sixteen Asia Pacific countries have been negotiating the Regional Comprehensive Economic Partnership since 2013, with India's reluctance to open up its markets a major...Asia Economyread more
The secretary of State said he was traveling to Saudi Arabia and the United Arab Emirates to make sure that the U.S. is "strategically aligned" with its allies.Politicsread more
Experts say Facebook's cryptocurrency project Libra has been a catalyst for the price of bitcoin going higher.Technologyread more
Goldman Sachs helped state firm 1MDB to raise $6.5 billion in 2012 and 2013, and collected higher-than-typical fees of $600 million for the deals.Financeread more
Ekrem Imamoglu of the Republican People's Party beat President Tayyip Erdogan's handpicked candidate by almost 800,000 votes.World Politicsread more
Budweiser has gone to the history books for its latest lager.
A new beer the massive brewer is rolling out this month, Freedom Reserve Red Lager, is inspired by a hand-written recipe found in George Washington's military journal kept during the French and Indian War in 1757.
Meant to celebrate U.S. veterans and American history, the red lager is made by Budweiser brewers who are also "proud veterans," the company says. Proceeds benefit Folds of Honor, a non-profit group that provides educational scholarships to military families.
This is the latest marketing move by Budweiser to tap into historical notes for its beers. Two years ago Budweiser was available in packaging labeled "America" on cans and bottles. And in October 2017, the brewery released its first Reserve Collection beer, 1933 Repeal Reserve Amber Lager, which celebrated the end of Prohibition.
This second Reserve Collection beer, Freedom Reserve Red Lager, was described by Washington as a "small beer" in his journal, which is online in the Digital Public Library of America.
Budweiser's 5.4% alcohol beer based on Washington's recipe will not be hop-heavy, but will have "a rich caramel malt taste and a smooth finish with a hint of molasses," the company says in a news release announcing the beer.
The beer will begin showing up at retail this month and will be available through September or while supplies last. "We are incredibly proud of our Freedom Reserve Red Lager because it was passionately brewed by our veteran brewers who have bravely served our country," said Budweiser vice president Ricardo Marques in a statement.
Freedom Reserve Red Lager is just one of several new recipes Budweiser has in the works to energize sales. Scheduled for release in September, is another limited-edition beer, Budweiser Reserve Copper Lager, which is aged on Jim Beam bourbon barrel staves.
Don't want to go out to get Bud's new beer? Bud is teaming with alcohol delivery service Drizly to give new customers $5 off their first delivery with the code "Freedom," through July 15.
This is not the first time the founding fathers have served up inspiration to brewers. Blue Point Brewing, made its own beer from Washington's military journal two years ago. Anheuser-Busch acquired the Patchogue, N.Y. brewery in 2014.
Yards Brewing of Philadelphia has made George Washington's Tavern Porter, which is inspired by Washington's descriptions, since 1999. It also makes Thomas Jefferson's Tavern Ale, based on Jefferson's recipe of beer made at his Monticello home, and Poor Richard's Tavern Spruce, an amber ale based on Benjamin Franklin's original recipe.