beverages

ISLAY, Scotland—Inhabitants of this remote Scottish island say its celebrated whisky industry is getting too big as new distilleries open and existing ones expand, placing its communities under strain.While many locals cherish Islay’s historic distilleries and value the jobs they provide, some warn that expansion risks turning the picturesque island into a corporate whisky factory where younger residents can’t afford to buy houses and local businesses can’t hire staff. “They’re carrying on a tradition that is…

Companies across China are making changes to everyday products and adjusting their business strategies to cope with rising costs and the country’s economic slowdown, which is weighing on consumer spending. Consumer-price inflation in the world’s second-largest economy has been relatively subdued this year, in contrast to the U.S., U.K. and other countries, where it recently hit multidecade highs. Weak demand in China has been a key reason, as well as many companies’ reluctance to charge more for their goods and services.…

Budweiser is promoting its alcohol-free lager at the upcoming soccer World Cup in Qatar, balancing its role as the official beer of an event being held in a predominantly Muslim country with strict regulations on the sale and consumption of alcohol. Executives from Anheuser-Busch InBev SA, the brewer’s parent company, believe the restrictions on alcohol sales in the country provide it with an opportunity to encourage more people to try its alcohol-free Budweiser Zero, which will be on offer…

Cincoro launched in 2019 by NBA owners Michael Jordan of the Charlotte Hornets, Jeanie Buss of the Lakers, Wes Edens of the Bucks and Emilia Fazzalari and Wyc Grousbeck of the Celtics.Source: Cincoro TequilaThey're rivals on basketball's biggest stage. But when it comes to tequila, they're friends.Cincoro, the label created by five National Basketball Association team owners, including Hall of Famer Michael Jordan, on Wednesday announced a new blend of its award-winning tequila. Cincoro Gold, geared toward the luxury…

Bottles of Jim Beam Kentucky Straight Bourbon whiskey stand on display during a news conference in Tokyo, Japan, Jan. 30, 2020.Noriko Hayashi | Bloomberg | Getty ImagesBeam Suntory said Wednesday it is aiming to produce more Jim Beam bourbon while cutting back on its greenhouse-gas emissions. The company, which is owned by Japanese parent Suntory, said it would invest $400 million in renewable energy systems while boosting bourbon production at its largest Kentucky distillery.The Booker Noe distillery in Boston, Kentucky,…

“If I buy more of my milk before the one in the fridge is empty, there’s going to be hell to pay,” said Leibel Sternbach, a financial adviser.His wife, Sammi Sternbach, checks the refrigerator when he returns from the weekly food shopping and tells him about every item he shouldn’t have bought, Mr. Sternbach said. The couple from Plainview, N.Y., both 35 years old, spend on average about $350 a week buying groceries, up from about $220 a year ago. Mr.…

Now he faces a new challenge: leading one of the world’s most recognizable brands, alongside three-time CEO Howard Schultz. Starbucks Corp. SBUX 0.37% earlier this month named Mr. Narasimhan as the coffee giant’s next chief executive, though he won’t assume that title for about seven months. When he joins Starbucks in October, his title will be “incoming CEO.” Mr. Schultz, who built the coffee company into a global brand, will continue to…

India banned exports of broken rice and levied a tax on other key varieties in a move that would add to global inflationary pressure and exacerbate food supply pains caused by the war in Ukraine.Late Thursday, India’s Directorate of Foreign Trade issued the ban, which came into effect Friday. New Delhi also imposed a 20% export duty on overseas shipments of white and brown rice, which make up about 60% of India’s total global sales. Parboiled and basmati rice are excluded from the ban, the notice said. Global…

WASHINGTON—Nutrition advocates and food-industry groups are revving up for a fight over whether an additional label should go on the front of many packaged-food items to more clearly indicate if they pose a health risk.A long-running debate over what those new labels should look like—and if they should be required—is heating up ahead of a White House conference on hunger, nutrition and health later this month. The Food and Drug Administration already requires most packaged foods to display a detailed nutritional label,…

Inflation is coming for Thanksgiving dinner.Turkey supplies have become stretched this year after an avian-influenza outbreak devastated flocks in the springtime and threatens to re-emerge in the fall, meat industry executives said. Reduced flocks have lifted turkey prices to record levels, analysts said, and price tags for the holiday staple are likely to remain high through Thanksgiving. The bird-flu outbreak has affected 39 states this year and has led to the death of more than 40 million birds, including roughly 6…