A $20.1 billion merger of beer conglomerates is now delayed, after the U.S. Justice Department sued to stop Anheuser-Busch InBev's acquisition of Mexico's dominant brewer, Grupo Modelo, Thursday. The agency's antitrust division says the two corporations haven't done enough to protect consumers.
The deal would put Corona, Bud Light, Stella Artois, and other popular beers under the same corporate umbrella, ending the competition that Justice officials say has resulted in lower prices. The Mexican government approved the merger last November.
Originally published on Thu January 31, 2013 1:40 pm
Although the national conversation about immigration policy tends to focus on Latinos, it is Asian-Americans who encounter some of the knottiest challenges facing immigrants and immigration reformers.
Of the five countries with the longest backlogs for visas, four are in Asia.
The White House said today that it would not extend the term of its jobs council, a group of high-profile executives tapped for advice on how to improve the country's jobs situation.
American surfer Garrett "GMAC" McNamara rides what could be, if confirmed, the biggest wave conquered in history as a crowd watches Monday in Nazare, Portugal.
Credit Patricia De Melo Moreira / AFP/Getty Images
McNamara sits next to his wife, Nicole, after a surf session in Nazare a day after riding the massive wave.