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BF.B 98.47 +0.72 (0.74%)
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Brown-Forman to underwrite CityScoot rides
Brown-Forman Corp. has a partnership with Louisville-based CityScoot LLC for a rewards program designed to reward responsible behavior and reduce the incidence of drunk driving.
Chesapeake Raises Big Bet in Ohio
The cash-strapped company, whose stock market valuation is under $10 billion, has more than $13 billion in debt on its balance sheet and total obligations of close to $24 billion, ratings agencies say.
Air India Cancels 14 Overseas Flights
"We need the support of the workers to save the company because we have been given a 300 billion rupees ($5.6 billion) package for eight-nine years," he said, referring to aid the government announced last month to shore up the carrier's finances.
Whiskey Row restoration to cost three times original projection
In addition, Christy Brown, a Louisville businesswoman and widow of Owsley Brown II, former chairman and CEO of Louisville-based Brown-Forman Corp. (NYSE: BFB), has made a challenge pledge. She has agreed to donate an additional $1 million to the ...
Diageo faces Jos´┐Ż Cuervo struggle
Diageo acquired Don Julio tequila in December 2000 and two years later sold a 50 per cent stake to another company. Don Julio has proved a success for Diageo, growing at a ... In the past decade or so, Beam acquired the Sauza distillery, the country's ...
Old Republic plans spinoff of RFIG unit
Old Republic International Corp. ORI, -1.57% said it sold a 21% common equity interest in Republic Financial Indemnity Group Inc. to a group of investors in a partial leveraged buyout, as the insurer looks to recapitalize its businesses.
Yearling partners raise $7 million for next venture-capital fund
... Lomicka and Ty Wilburn, two former Humana Inc. executives who have been active in Louisville's health care and venture-capital circles.
Corporate teams test collaborative skills during Great Bed Races event
The Kentucky Derby Festival's annual Great Bed Races event was held Monday night at the KFC Yum! Center. Forty-five entries with participants from various companies, and one neighborhood group, competed on the figure-eight course for the fastest time, ...
China Central Bank Cuts Reserve Requirement Ratio by 0.5 Percentage Point
SHANGHAI - China's central bank said Saturday it will cut banks' reserve-requirement ratio by 0.5 percentage point, effective May 18, in a move to help boost liquidity and support the economy.
Southern Comfort launches cherry-flavored beverage
Southern Comfort has added Southern Comfort Bold Black Cherry, a mixture of Southern Comfort and whiskey and cherry flavors, which will launch nationally in June.