True Craft is a $100-million attempt to rescue craft breweries from cost-cutting investors and Big Beer, say Stone Brewing co-founders Greg Koch and Steve Wagner, who announced the venture last week.
The company, led by CEO Jeff Bewkes, posted higher profits for HBO, Turner and Warner Bros., which opened 'Batman v. Superman: Dawn of Justice' in the period.
... * Gold extends losses after peaking above $1,300/oz. * Dollar regains ground after hitting 18-mth low vs yen. * GRAPHIC-2016 asset returns: reut.
NEW DELHI India's top court told tobacco companies on Wednesday they must adhere to a new federal rule requiring much larger health warnings on cigarette packs, in a major setback for the $11 billion industry that opposes the new policy.
LONDON— SABMiller SBMRY -1.09 % PLC and Coca-Cola Co. KO -0.31 % have struck a deal with South Africa's government to help push through a long-pending merger of their bottling operations in parts of Africa.