Call it Kentucky Bourbon by way of Osaka. Suntory, the Japanese spirits maker, is buying the company of Jim Beam and Maker's Mark for nearly $14-billion. Suntory is paying a premium not just for Beam's brand recognition, but spirits consumption is soaring in the U.S., outpacing growth in both beer and wine drinking.
General Motors swept the best in class honors at the North American International Auto show. The Chevy Corvette Stingray earned the Car of the Year award, while the Silverado took the top spot among trucks.
Not all good news for GM, though. The automaker recalling 370,000 Silverados due to fire risk.
WAILING ON WALL STREET
The Dow Jones plummeted 180 points Monday, the Nasdaq fell 61 points, and the S&P 500 dipped 23 points.