An idea from the Old South -- and a threat.
FORTUNE -- The gentlemen of the wood-pulp fiction business are very fond of writing stories based upon the thesis that a comet is headed for the earth. It is the most impossible of impossible premises; grant it, and anything can happen. Just now some people in Philadelphia are saying that a comet is headed for the whiskey business and the gentlemen MOREJun 24, 2012 9:30 AM ET
FORTUNE -- So much has been said about the evils of Prohibition that the evils of Drink have almost been forgotten. That Drink has ruined many a man, and brought destruction to many a child, and that it will continue to do so, none can deny. The painting opposite is a reminder from a dark past.
So much for the social evils of Drink. One is more conscious today of the MOREJun 24, 2012 9:30 AM ET
FORTUNE -- All whiskey making begins with some sort of grain. Pure rye whiskey, as you might suppose, begins with rye: usually about 85 per cent. It was invented in the U.S. and is made and drunk mostly here. Bourbon whiskey starts with a majority of corn, a minority of some small grain-rye, barley, etc. It came to fame in Kentucky, but the drinking of it is not so local. MOREJun 24, 2012 9:30 AM ET
Newest U. S. business, oldest U. S. problem. The companies which will run it and the conditions under which it will be run. Such a subject needs a preface. This is it.Jun 24, 2012 9:30 AM ET
A review of Dark Pools: High-Speed Traders, A.I. Bandits, and the Threat to the Global Financial System, by Scott Patterson.
By Scott Cendrowski, writer-reporter
FORTUNE -- Remember the flash crash? On May 6, 2010, the Dow Jones Industrial Average plunged by 600 points over a couple of minutes. Procter and Gamble (PG), the $165-billion consumer giant, lost 37% of its market cap within seconds. Accenture (ACN) and Exelon (EXC) dropped to MOREJun 22, 2012 5:00 AM ET
It may sound ironic - the older you get, the longer your lifespan - but the numbers bear it out.
By Jennifer Abbasi, contributor
FORTUNE -- The key to living longer after retirement may simply be getting to retirement in the first place.
Our average age at death soars in the last third of life, and the longer you live, the longer you're likely to live. Why does the total number of MOREJun 19, 2012 5:00 AM ET
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