Jan 17, 2014 Even fewer companies control the majority of the whisky market, after Suntory announces it'll purchase Jim Beam.
Nov 5, 2013 Chinese President Xi Jinping ordered government officials to put a stop to lavish banquets. And that had a tremendous impact on sales of baijiu, a Chinese grain alcohol as strong as moonshine. One Chinese company has chosen an American CEO to help resurrect its sales.
Sep 3, 2013 The country may not be exporting their wine in the near future, but an increasing amount of Chinese are taking an interest to wine.
Feb 27, 2013 Anheuser-Busch InBev is facing a lawsuit over whether or not the company has been watering down its beer.
Feb 18, 2013 The company that owns Maker's Mark, the brand known for bottles that are hand-sealed with wax, is backing down from a decision to water down its whiskey.
Feb 18, 2013 Makers of aged bourbon didn't anticipate a surge in popularity in both the U.S. and overseas, so whiskey distilled years ago is running short. Maker's Mark chose to add water to make its bourbon go further.
Dec 25, 2012 Distillery stocks in China tumble this week after the government announced a ban on high priced spirits at state events.
Dec 20, 2012 Basketball great Shaquille O'Neal puts his big name on a new brand of vodka.
Nov 28, 2012 Faced with the costs of alcoholism and alcohol-related crime, Britain's government wants to introduce a mandatory minimum price for alcohol. Cheap drink is believed to cost the country billions of dollars each year.