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.
Cerberus struck a $9 billion-plus deal to buy grocery giant Safeway—a tie-up that should be a win for the consumer.
Whole Foods has implemented a policy where employees can look up anyone's salary or bonus from the previous year.
As high-end baijiu sales slump in China amid a crackdown on officials' spending, consumption of premium liquor in India is roaring ahead, says Diageo.
Techies are the new rock stars—or at least that's how some premium liquor brands see them.