Anheuser-Bush InBev changed the terms of its proposed $20.1 billion acquisition of Mexican brewer Grupo Modelo Thursday in an attempt to push through a deal that federal regulators say will kill competition. AB InBev is willing to sell Modelo's Piedras Negras brewery and give perpetual rights for Corona and the Modelo brands in the U.S. to Constellation for $2.9 billion. The brewery makes Corona, Corona Light and Modelo Especial. It will give Constellation total control over the production of Corona and Modelo in the U.S.

Toys R Us Inc. said on Wednesday that Gerald Storch will step down as its CEO, just weeks after the world's largest dedicated toy retailer reported disappointing results for the holiday season. The company saw its U.S. sales fall during the holiday season.

Next month, Unilever's Dove Men+Care line will air an ad trying to prove that a man's face needs pampering. The effort coincides with the brand's first line of male facial-care products, including cleansers, shaving gels, post-shave balms and moisturizers, which are hitting U.S. stores now.

Porsche is considering five agencies for its North America creative account, per sources. Durham, N.C.-based McKinney, Droga5 in New York; the Miami office of Crispin Porter + Bogusky; Olson in Minneapolis; and the incumbent, Chicago-based Cramer-Krasselt are in the running. Porsche chose the finalists from a broader field of agencies that got RFPs. Media spending on the brand totaled nearly $15 million in 2011, according to Nielsen.

It's an extraordinary event when Korean business drops the bridge over its moat to let in a for...I mean an outsider. But last month, top executives at the Hyundai Group behemoth placed a large chunk of responsibility for the company's future in the hands of an outsider, the designer peter Schreyer who made both Kia and Hyundai vehicles into objects one could actually admire. He will now oversee global design for both auto brands. "I think it can help make the design organization stronger," Schreyer said of his new position during a conversation at the Chicago Auto Show after unveiling …

SAG-AFTRA and the advertising industry launched commercial contract talks on Valentine's Day under a cone of silence, but quietly, in contrast to the six-month strike that crippled the business 13 years ago. The current contract, which covers roughly $1 billion in annual earnings, expires on March 31 but the union has made no efforts to mobilize the members about the issues. During the SAG and AFTRA strike some years back the unions held hundreds of rallies and pickets, culminating in a boycott of Ivory Soap, Tide and Crest.

Momofuku Ko, the 12-seat East Village tasting counter has taken top spot in Bon Apetit's list of most important restaurants now. Says Bon Apetit's "The Foodist" Andrew Knowlton, "What [owner David] Chang did was put it all together and turn a tiny East Village storefront into the most important restaurant brand of the past decade-on his own terms." Reservations accepted every leap year.

"Millennials are extremely important because their spending power is growing as their demographic bulge increases," said David Garfield, managing director and head of the Consumer Products Practice at consulting firm AlixPartners LLP. "It will continue to increase for a number of years and in the not too distant future, they are going to be wielding more of a collective wallet." Said David Miller, chief marketing officer for West Des Moines, Iowa-based Kum & Go LC, a rapidly growing chain of 400-plus convenience stores. "They have discretionary income and I think for a convenience store like Kum & Go, we fit …

Friends of the Earth is targeting Apple and Samsung stores with a 'digital graffiti' campaign as part of its ongoing efforts to lobby technology manufacturers over tin mining practices in Indonesia. The augmented reality campaign uses geo-location tools to target smartphone users near 12 Apple and Samsung stores in the UK. People using the Aurasma AR app over store fronts will see a speech bubble appear on a green background, asking "Is my phone trashing tropical forests?" on their smartphone screen.

In New York City, hummus joints are scattering about like lettuce from a felafel. But the popularity of the spread made of chickpeas is growing, especially at retail. Last year, the refrigerated spreads category had double-digit unit growth, with volume sales up 10.4% over the 52 weeks ending Dec. 2, according to Chicago-based SymphonyIRI. This growth comes after a unit sales increase of 10.8% in the 52 weeks ending Jan. 1, 2012. From 2009 to September 2012, the most popular flavors of hummus were plain (61%), roasted (18%), garlic (11%) and red pepper (10%), according to a recent Mintel report.