Business Story of the Day

Soon To Be Big In Japan, Jim Beam's Roots To Stay In Kentucky

In a deal worth some $16 billion, Japanese beverage giant Suntory is buying Beam Inc., maker of Jim Beam bourbon and owner of well-known American brands such as Maker's Mark. Industry leaders say it's a reflection of bourbon's exploding popularity in Asian markets, but some wonder if the new owners will preserve bourbon's Kentucky heritage.