Forman, which is expected to generate savings up to $80 million annually, comes as inflation and changing consumer preferences cut into spirits sales.

Canada is preparing to retaliate with an exhaustive list of tariffs on American goods if President-elect Trump follows ...

Forbes’ the business magazine says it's definitive rankings of the nation’s wealthiest families includes the heirs to some of ...

Most U.S. stocks rose Jan. 14 following an encouraging update on inflation, but drops for pharmaceutical giant Eli Lilly and ...

saw a 1% drop in whiskey sales in the first half of the fiscal year and blamed "super-premium" Jack Daniel's products. The company called it a "challenging economic environment." Another ...

A consensus of 25 different Wall Street analysts has predicted an average 12-month price for Coca-Cola of $72.00. This would ...

Spirits giant Brown-Forman Corp. says it’s reducing its global workforce by about 12% and closing its barrel-making plant in ...

Brown-Forman, the parent company behind major American whiskey brands Jack Daniel's and Woodford Reserve, announced that it ...

The DOJ released Smith's final report on his election interference probe. Special counsel Jack Smith's final report lays out in no uncertain terms federal prosecutors' position that Donald Trump ...

Jack Royston is Newsweek's Chief Royal Correspondent based in London, U.K. He reports on the British royal family—including King Charles III, Prince William, Kate Middleton, Prince Harry and ...