Liquor

Diddy and Diageo part ways in settlement of racism accusations

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Musical artist and entrepreneur Sean “Diddy Combs,” along with Diageo Chief Marketing Officer Debra Kelly Ennis, left, and Executive Vice President Guy Smith, right, as Diddy announces his partnership with Diageo North America and Ciroc Premium Vodka at a press conference at Stone Rose at the Time Warner Center in New York City on Oct. … Read more

U.S., EU reach deal to suspend taxes

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Jack Daniel’s Tennessee Whiskey. Getty Images U.S. whiskey distillers are breathing a sigh of relief as they will avoid a looming 50% tax on shipments to Europe. The European Union said Tuesday it would extend the suspension of tariffs on U.S. whiskey until March 31, 2025. The 50% levy, which came in the context of … Read more