Wall Street’s endless parade of buyouts and mergers, divisions and revisions has created a tangled landscape in which companies that are famous for one thing often own brands that are completely different — or even diametrical…
The boom in U.S. microdistilleries comes in part from many Americans reinventing their careers in a dire economy. That entrepreneurial spirit is thriving in some of Colorado’s newly minted microdistilleries. And industry giants…
Fortune Brands (FO), maker of Jim Beam whisky, plans to split into three separate units.
Fortune Brands will continue to focus on its distilled spirits business, the company said in a statement. Fortune’s home and security business will be spun off i…