On Jan. 22, Bacardi Limited, a company famous for rum, announced plans to buy Patrón in a deal that values the tequila maker at $5.1 billion.
Starting March 1, Delta Air Lines plans to impose new requirements designed to crack down on passengers who try to pass off untrained household pets as service or support animals; Delta cites an 84 percent increase in animal incidents — like defecating and biting — since 2016.
Nestlé has partnered with Swiss Chocolate Company, Barry Callebaut, to create a ruby chocolate KitKat which went on sale Jan. 19.
On Jan. 18, online retail giant Amazon revealed a shortlist of 20 cities still in the running to land its second headquarters, which is expected to bring a $5 billion investment and 50,000 new jobs.
On Jan. 17, tech giant Apple announced plans to bring overseas profits back to the United States as part of a 5-year, $350 billion investment; U.S. President Donald Trump welcomed the news on Twitter, where he said, “Great to see Apple follow through as a result of TAX CUTS.”
Chinese automaker GAC Motor plans to enter the US market by the fourth quarter of 2019; GAC revealed its timeline Jan. 15 at the North American International Auto Show in Detroit.
The U.N. World Tourism Organization projects that Spain will overtake the United States for the second most visited country in 2017.
Bitcoin dipped below $10,000 in value for the first time in months on Jan. 17.
On Jan. 16, Italian food company Nestlé announced plans to sell its U.S.-based confectionery company to Italy-based Ferrero for about $2.8 billion cash; Ferrero will acquire over 20 popular brands like Butterfinger, Crunch, BabyRuth and Nerds.
CVS Pharmacy announced in a press release on Jan. 15 that it will label images with a “Beauty Mark” if they are digitally unaltered in its move to be more transparent to customers.