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The IRS Is Cracking Down on a Favorite Way the Ultrawealthy Pass On Money One family fights $736 million gift tax bill on its GRATs while popular trusts proliferate. (Wall Street Journal) How to grab double-digit sales growth in the wine and alcohol space Traditional wine sales remain under

'Toasts Not Tariffs' Coalition Urges Trump to Resolve Bev/Al Trade Dispute with Canada

The Toasts Not Tariffs Coalition, representing 59 national and state organizations across the U.S. beverage alcohol supply chain, sent a letter to President Donald J. Trump expressing appreciation for his efforts to address Canada's restrictions on U.S. wine and spirits products while urging his continued leadership

It's Not That Simple: Now, Soda, Lemonade, Sports Drinks Linked to Colon Cancer

Here's a new cause for alarm: Those moms who for at least the last 40 years have given their kids fruit juice have been setting their kids up for colon cancer in later life. We don't necessarily believe it's so, but there have been

It's Not as Simple as 'Just One Drink'

One of the things I really dislike is when people reduce a very complex thing down to some very simple – and it's not true. The World Health Organization's (and other anti-alcohol zealots) "just one drink will give you cancer" falls into the group

Bacardi's Ghostly LTO Halloween Bottle

Bacardi's Ghostly LTO Halloween Bottle

Bacardi Superior Rum has a positively ghostly bottle for Halloween. When the lights go out, the bottle takes on an even spookier look with a glow-in-the-dark design that brings its ghostly details to life. Whether poured into a favorite Halloween cocktail or brought along as a host

Sazerac Explores Takeover of Berentzen

Berentzen said it is the latest target in an acquisition drive by Sazerac. Sazerac declined to comment. Berentzen says it is one of the oldest spirits producers in Germany and its schnapps brand leads the market in fruity spirits. First-half profit fell 84%, a result, the company said, of