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Food and Beverage Beverages

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  • No injuries were reported in the fire, which broke out Sunday night at the Obadiah McIntyre Farm Winery, part of the Charlton Orchards Farm. The fire was difficult to contain, Charlton fire Chief Charles Cloutier. Firefighters from Charlton and several other communities were hampered by a lack of water, which had to be trucked to the site.

  • BRUSSELS, Aug 3- Heineken NV, the world's third-largest brewer, announced better-than-expected earnings for the first half on Monday, helped by robust growth of its Tiger brand in Vietnam and rising beer sales in Mexico and parts of Europe. The Dutch brewer, whose Heineken lager is Europe's top seller, increased profit on a like-for-like basis in all regions...

  • Craft beer helping drive demand: Heineken CEO Monday, 3 Aug 2015 | 2:10 AM ET
    Craft beer helping drive demand: Heineken CEO

    Jean-François van Boxmeer, CEO of Heineken, says the American craft beer movement is helping to drive demand in beer.

  • NEW YORK, Aug 3- For U.S. coffee shops, business usually cools down as the weather heats up. Others have jumped on board, including the nation's largest coffee chain, Starbucks, which launched cold brew at 2,800 stores this summer. "One day, there will be no regular iced coffee," Mai said, while pouring a nitrogen-infused cold brew made by Brooklyn- based Gillies Coffee...

  • How Anchor Brewing's beer revolution started Sunday, 2 Aug 2015 | 12:00 PM ET
    Anchor Brewing owners Keith Gregor (L), Tony Foglio (C) and Fritz Maytag (R).

    After Fritz Maytag bought a stake in Anchor Brewing in 1965, it set in motion the trends that put the craft beer movement on the map.

  • Why higher beer prices might not last long Friday, 31 Jul 2015 | 1:54 PM ET
    Corona Beer

    Brewing companies are showing signs they might increase beer prices, but that might have negative effects for the industry.

  • PORTSMOUTH, N.H.— The wrongful death suit filed by the family of a Newington man who died in a keg explosion at Redhook Ale Brewery has reached a $1.2 million settlement. The Portsmouth Herald reports 26- year-old Benjamin Harris died in April 2012 while pressurizing a plastic beer keg with air at the Portsmouth brewery. The suit was brought against Plastic Kegs,...

  • Global coffee exports down 3.3 pct in June - ICO Friday, 31 Jul 2015 | 10:19 AM ET

    LONDON, July 31- Global coffee exports fell 3.3 percent in June from a year earlier to total 9.69 million 60 kg bags, the International Coffee Organization said on Friday. For the first nine months of the 2014/ 15 season, which began on Oct. 1 last year, coffee exports were down 3.3 percent at 83.02 million bags. Robusta coffee exports fell 6.1 percent in June from a year...

  • Boston Beer posts 2Q profit Thursday, 30 Jul 2015 | 7:51 PM ET

    BOSTON _ Boston Beer Co. on Thursday reported second-quarter profit of $29.9 million. Boston Beer expects full-year earnings in the range of $7.10 to $7.50 per share. Boston Beer shares have dropped 23 percent since the beginning of the year.

  • Wynn Resorts profit drops 72 percent in 2nd quarter Wednesday, 29 Jul 2015 | 6:21 PM ET

    LAS VEGAS— Wynn Resorts Ltd.' s profit fell 72 percent in the second quarter, stymied by an on-going decline in the Asian gambling enclave of Macau and fewer high-roller Chinese baccarat players in Las Vegas. Still, Wynn said the company is on pace to open its $4.1 billion 1,700- room Wynn Palace casino resort on the Cotai strip area of Macau by March 25.

  • Judge rejects claim that bourbon was falsely advertised Wednesday, 29 Jul 2015 | 2:30 PM ET

    LOUISVILLE, Ky.— Chalk up another round for Maker's Mark distillery in fending off claims of misleading marketing for promoting its Kentucky bourbon as handmade. A federal judge in California this week dismissed a lawsuit filed by two consumers who claimed they were misled by the bourbon maker's handmade claims on its bottles, known for their red-wax seal.

  • July 28- ConAgra Foods Inc has started talks with TreeHouse Foods Inc and Post Holdings Inc regarding the sale of its private label unit Ralcorp, which could be valued at around $3.5 billion, according to people familiar with the matter. TreeHouse, Post, and private equity firms that include Apollo Global Management LLC and Cerberus Capital Management LP have...

  • Beer prices on the rise Tuesday, 28 Jul 2015 | 8:00 AM ET
    Beer prices on the rise

    Constellation Brands to hike beer prices this fall.

  • LONDON/ BRUSSELS, July 28- Diageo and Heineken have agreed to dissolve their joint ventures in South Africa and Namibia, so the British spirits maker and Dutch brewer can pursue their own growth strategies in the countries. Diageo said it has become market leader in spirits in South Africa with a 40 percent share and felt it had the necessary scale to go it alone.

  • Craft beer sales pop Tuesday, 28 Jul 2015 | 6:00 AM ET
    Craft beer sales pop

    The craft beer industry continues to grow in the first half of 2015

  • BRUSSELS, July 28- Dutch brewer Heineken and spirits maker Diageo have agreed to end their 11- year cooperation in South Africa and Namibia in a series of deals to disentangle joint ventures. Diageo, whose brands include Johnnie Walker, Smirnoff and Guinness, said it had become market leader in spirits in South Africa with a 40 percent share and felt it had the...

  • UPDATE 1-Suntory Holdings says not considering IPO now Monday, 27 Jul 2015 | 10:19 PM ET

    *Listing could be in Tokyo or New York- Nikkei. TOKYO, July 28- Suntory Holdings Ltd said on Tuesday that it is not considering listing its shares now, following a Nikkei newspaper report that the beverages conglomerate is mulling an IPO as early as 2018 to pay down debt and raise growth capital. The Nikkei said the Japanese company would decide as soon as this year...

  • Craft beer growth posts solid numbers ... again Monday, 27 Jul 2015 | 5:58 PM ET
    Brewery worker examining beer in beaker. Craft breweries continue to grow.

    American craft beer production volume rose 16 percent compared to the same time last year, according to data released by the Brewers Association.

  • The American Beverage Association's sugary lawsuit Monday, 27 Jul 2015 | 10:00 AM ET
    The American Beverage Association's sugary lawsuit

    The beverage industry takes San Francisco to court over labeling regulations.

  • JOHANNESBURG, July 27- From milk churning in Zimbabwe to rose growing in Ethiopia, private equity investments in Africa have returned to pre-crisis levels and should keep rising as funds seek bumper returns in far-flung markets. Private equity deals in Africa totalled $8.1 billion last year, the second highest on record after the $8.3 billion posted in 2007,...