Alcohol

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.

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.

Distillery stocks in China tumble this week after the government announced a ban on high priced spirits at state events.

Basketball great Shaquille O'Neal puts his big name on a new brand of vodka.

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.

A new study finds African-Americans aged 12-20 are exposed to more alcohol advertising than American young people in general

A new study in the journal Lancet says lack of exercise now causes as many deaths as smoking. And according to the latest figures, obesity costs Americans about $200 billion a year in medical expenses. So perhaps it makes sense that for the first time, Americans polled by Gallup see obesity as a bigger problem than smoking or alcohol consumption.

Even beermakers like Anheuser-Busch and MillerCoors are ramping up hard cider production.

The British government has announced today that it wants to set a minimum price on beer, wine, and spirits. It hopes the move will help prevent alcohol-related crimes and deaths in the country.

Diageo, the alcoholic drinks giant that owns brands like Guinness and Johnnie Walker, says that its profits rose 15 percent last year despite flat sales in beleaguered Europe.