A $20.1 billion merger of beer conglomerates is now delayed, after the U.S. Justice Department sued to stop Anheuser-Busch InBev's acquisition of Mexico's dominant brewer, Grupo Modelo, Thursday. The agency's antitrust division says the two corporations haven't done enough to protect consumers.
The deal would put Corona, Bud Light, Stella Artois, and other popular beers under the same corporate umbrella, ending the competition that Justice officials say has resulted in lower prices. The Mexican government approved the merger last November.
Sunday's Super Bowl - a contest between the Baltimore Ravens and San Francisco 49ers - is also a battle of craft breweries. Maryland's Flying Dog Brewery made a bet with Anchor Brewing of San Francisco. The loser must pour the winner's beer in its taproom for a week. And the loser's brewery tour guides will have to wear the winner's Super Bowl championship gear. Could be tough, but if they need a beer after all that, they're all set.
As Washington, D.C., gears up for the 57th presidential inauguration, political parties are in full swing. We're not talking about run-of-the-mill partisan bickering. We're talking about inaugural celebrations: balls, galas and cocktail parties. Emphasis on the cocktail.
The Round Robin Bar in the Willard Hotel is just a stone's throw from the White House. Bartender Jim Hewes has been serving up drinks there for nearly 30 years.