NEW YORK (Reuters) - Organizers of the New York Puerto Rican Day Parade, one of the largest U.S. outdoor events, said they are ending a 30-year relationship with the makers of Captain Morgan Rum citing Diageo PLC's plans to move distillation of the drink from Puerto Rico. The decision to end the long standing sponsorship agreement for the country ...

The CEO of Coca-Cola Co. took a pay cut in his first full year in charge, getting less compensation than he did in 2008 when he was promoted midway through the year. Muhtar Kent has been CEO of the world's biggest drinks maker since ...

NEW YORK (Reuters) - Some 125 million liters of Chilean wines worth roughly $250 million were spilled during the 8.8 magnitude earthquake last Saturday that killed more than 800 people and demolished cities and towns, a U.S. importer said on Thursday. "They estimated that they lost 12 percent of the 2009 vintage," which had been in now-overturned stainless steel ...