Heineken has entered the increasingly crowded hard seltzer segment with two different brands in different parts of the world. And After announcing the end of a tariff exemption for Canadian aluminum last month, President Donald Trump has changed his mind, according to a statement last week from the office of the U.S. Trade Representative.
A majority of Americans support extending federal excise tax cuts that were enacted as part of the Tax Cuts and Jobs Act in 2017, according to a survey commissioned by industry trade group the Beer Institute (BI).
In his fall legislative agenda, Pennsylvania Gov. Tom Wolf urged the state Legislature to legalize recreational marijuana and use proceeds from its sale to support business grants and restorative justice programs, as well as pass a six-month reduction or cancellation of the state’s alcohol tax on the hospitality industry.
Citing an influx of advertising touting the health benefits of certain alcoholic beverages, the U.S. Department of the Treasury’s Alcohol and Tobacco Tax and Trade Bureau (TTB) published a memo warning producers to stop making such claims.
Cans are a hot topic for the nation’s brewers, as the COVID-19 pandemic forced the closure of bars and restaurants for several months. Without on-premise venues to visit, Americans began to drink more beer at home, and cans picked up the slack in the market left by draft beer. Ball, the world’s largest manufacturer of aluminum cans, said inventory is likely to be sold out or severely tight for the remainder of the year.
The U.S. Department of the Treasury’s Alcohol and Tobacco Tax and Trade Bureau (TTB) has named Mary Ryan as its new administrator, effective August 16.
With the nation’s can supply tightening, President Donald Trump yesterday announced the reimposition of a 10% tariff on Canadian aluminum, claiming that America’s neighbor to the north was flooding the market.
Michigan legislators are considering a bill that would extend indefinitely delivery sales of alcoholic beverages for bars and restaurants and create “social districts” in which consumers would be able to drink beer, wine or spirits in a common area outside the walls or designated patio spaces of licensed establishments, according to MLive.com.
Dr. Anthony Fauci today cautioned against reopening businesses and other public gathering spaces before states meet guidelines set by the Centers for Disease Control and Prevention. An investigation by the California Department of Alcoholic Beverage Control (ABC) found that third-party delivery services are “routinely delivering alcoholic beverages to minors,” according to an industry advisory posted by the regulatory agency.
The near-nationwide shutdown of the on-premise channel will result in a loss of $8 billion for the beer industry if it continues into June, National Beer Wholesalers Association chief economist Lester Jones said during a State of the Industry webinar hosted by the NBWA and the Beer Institute (BI).
More aid money is on the way for small businesses. President Donald Trump today signed into law a fourth stimulus package that includes $310 billion in additional funding for the Paycheck Protection Program (PPP), which ran out of money and stopped accepting applications on April 16.
After being shut out of receiving loans from the coronavirus relief bill’s Paycheck Protection Program, small business owners have filed class action lawsuits against some of the country’s biggest banks, alleging unfair business practices and fraud.
Just two weeks after it began accepting applications, the U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP) ran out of funds on Thursday, April 16.
The Alcohol and Tobacco Tax and Trade Bureau (TTB) announced Tuesday that it will postpone tax payments and filing deadlines as its constituent businesses grapple with the effects of the COVID-19 pandemic. Craftworks Holdings has laid off its nationwide staff of 18,000 people, according to Westword.