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Food and Beverage Beverages

  • WASHINGTON, March 27- The U.S. Supreme Court on Monday struggled over whether to upend nearly 30 years of law governing patent lawsuits that critics say allows often-baseless litigants to sue in friendly courts, giving them the upper hand over high-technology companies such as Apple Inc and Alphabet Inc's Google. The justices heard an hour of arguments in an...

  • WASHINGTON, March 27- The U.S. Supreme Court on Monday struggled over whether to upend nearly 30 years of law governing patent lawsuits that critics say allows often-baseless litigants to sue in friendly courts, giving them the upper hand over high-technology companies such as Apple Inc and Alphabet Inc's Google. The justices heard an hour of arguments in an...

  • NEW YORK/ LONDON, March 24- Arabica coffee on ICE Futures U.S. on Friday dropped to the lowest since early January as cocoa futures also fell while raw sugar prices continued to recover from Wednesday's 10- month low. *May arabica closed down 2.9 cents, or 2.06 percent, at $1.376 per lb, settling near the session's 2-1/ 2- month low of $1.371. *May robusta followed,...

  • March 22- A lawyer defending Las Vegas sports gambler William "Billy" Walters against insider trading charges on Wednesday sought to discredit former Dean Foods Chairman Tom Davis, who told jurors he used a special "bat phone" to give Walters confidential tips. Lawyer Barry Berke's cross-examination, which began on the fourth day of trial in Manhattan federal...

  • Starbucks Chairman and CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, Washington on March 22, 2017.

    Starbucks CEO Howard Schultz says the company will keep pushing its agenda despite gridlock in the capital.

  • Starbucks to heat up?

    Is Starbucks set for a comeback? With the "Fast Money" traders.

  • Monster Energy drinks

    JPMorgan says corporate tax reform could add a 10 percent benefit to Monster Beverage's earnings per share.

  • PHILADELPHIA— Less than three months into Philadelphia's new tax on sweetened drinks, the stakes have escalated: Beverage makers say the measure is hurting sales so much they need to cut jobs, while city officials say the moves are a ploy to get the tax struck down. The receipt says the drinks cost $5.99, and the tax adds $3.04. IGA supermarket has hung signs near...

  • PRAGUE— Production of Budvar beer, which has been embroiled in a lengthy legal dispute with U.S. giant Anheuser-Busch over the use of the "Budweiser" brand, reached a record in 2016.. Budejovicky Budvar NP, a Czech state-owned brewery, said Friday that its output rose 0.8 percent to 1.615 million hectoliters of beer, the highest volume in its 120- year history.

  • YAMAZAKI, Japan— A dim storage room surrounded by bamboo groves and pastoral hills is filled wall-to-wall with 3,000 wooden barrels. The Suntory distillery in Yamazaki, near the ancient capital of Kyoto, is where the first drop of made-in- Japan malt whisky was distilled in 1924.. They are much more a product of their environment, " Wes Barbee, a 23- year-old...

  • YAMAZAKI, Japan— A dim storage room surrounded by bamboo groves and pastoral hills is filled wall-to-wall with 3,000 wooden barrels. The Suntory distillery in Yamazaki, near the ancient capital of Kyoto, is where the first drop of made-in- Japan malt whisky was distilled in 1924.. They are much more a product of their environment, " Wes Barbee, a 23- year-old...

  • It's riding the wave of bourbon's popularity as its parent company— spirits giant Diageo— looks to expand a brand started 30 years ago when Kentuckian Tom Bulleit revived his family's whiskey recipe. Diageo sees the distillery, built on rolling farmland in Shelby County, as a catalyst for the brand that has flexed its muscle with annual double-digit sales...

  • EU regulators are looking to ban the world's first blue wine

    A team of young entrepreneurs says they launched the world’s first blue wine onto the market.

  • While Switzerland has Europe's second-highest proportion of women in the workforce, it trails global standards on gender diversity in boardrooms and in management positions. Siemens Switzerland pledged to reach equal pay in the next three years, while IKEA Switzerland improved its paid paternity leave to two months. Switzerland was the second-to-last...

  • Beverage sales drop in Philly since Jan. soda tax

    CNBC's Sara Eisen reports beverage sales are down drastically in the City of Brotherly Love since the implementation of a tax on sweetened drinks.

  • BEIJING, March 7- The chairman of China's biggest beverage maker, Hangzhou Wahaha Group, said the United States would suffer more in any trade war with China, with a loss of access to cheap Chinese-made goods hitting American wallets. President Donald Trump had campaigned on a promise to confront China more aggressively on trade, including by levying new tariffs...

  • NEW YORK, March 6- Soft drinks maker Coca-Cola Co has launched a gay-friendly ad featuring a brother and sister vying for the attention of a handsome pool boy in the campaign that has won praise for diversity and inclusion. "Sibling rivalry never looked more inclusive," Out Magazine said of the commercial that debuted last week. "It's a human story where Coca-Cola...

  • ZURICH/ LONDON, March 3- Nestle and Coca-Cola Co have agreed to end their Nestea iced tea joint venture after 16 years and pursue separate strategies in the fast-changing bottled drinks market. "The ready-to-drink tea market has evolved, and Nestle believes the time is right to develop Nestea independently," the company said on Friday, announcing the end of the...

  • SAO PAULO, March 2- Shares of Ambev SA tumbled on Thursday after the drinks company reported weak quarterly earnings, hit by declining sales and rising costs in its main market of Brazil, where it hopes for a rebound as economic conditions improve. "We are nothing but disappointed with our performance in Brazil," Chief Financial Officer Ricardo Rittes said in a...

  • Bottles of Budweiser and Miller Lite beer

    Anheuser-Busch InBev suffered its first decline in core earnings since its formation over a decade ago as Brazil depressed beer sales by even more than expected.