America is falling out of love with Budweiser

Image License Photo: Budweiser 13 NOV 17 13:32 ET Nathaniel Meyersohn (CNN Money) — Budweiser is in danger of losing its “King of Beers” crown in the United States. Americans’ beer tastes are changing. They are opting for fancier craft beers, microbrews and wines and spirits instead of old classics. That trend is taking a particular toll on Bud Light and Budweiser, whose share of the American beer market keeps shrinking. Parent company Anheuser-Busch InBev reported in October that its beer sales in the U.S. dropped more than 5% in the last quarter. “Budweiser has been declining for a...

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