Anheuser-Busch InBev is buying Seattle-based Elysian Brewing Company for an undisclosed amount.» Read More
CNBC's Jane Wells takes a look at how the drought in California is impacting the beer business.
*Company cites poor summer weather in China. LONDON, Oct 14- Poor summer weather in China hit SABMiller's lager sales in the second quarter, though higher prices and a jump in soft drink sales helped boost revenues at the world's second biggest beer maker. Soft drinks account for 20 percent of SABMiller's sales volumes, but are far less profitable than beer.
Eddy Hargreaves, analyst at Canaccord Genuity, says that if AB InBev bought SABMiller, the company would own 35 percent of the global beer market "forever".
CNBC's David Faber says reports that Anheuser-Busch InBev is putting together financing to purchase SABMiller are not true. Faber says today SAB shares are up sharply, but there are not any talks taking place between the two companies.
*Company rejects advances of bigger rival SABMiller. Begun in 1864 by Gerard Adriaan Heineken with the purchase of a brewery in Amsterdam, the company now has more than 165 plants in over 70 countries and is the world's third-largest beer maker- yet his great-granddaughter Charlene de Carvalho-Heineken is still wedded to the firm.
Craft distillers are taking advantage of Americans' obsession with pumpkin spice everything—with results that could rival the pumpkin spice latte.
AMSTERDAM/ BRUSSELS, Sept 1- Dutch brewer Heineken has agreed to sell its Mexican packaging business Empaque to Crown for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010..
Cocktail mixers are going high end. When to buy, and how to make the most of syrups and shrubs at home.
New small-batch syrups and mixers make it easier for consumers to craft cocktails at home.
Austin Beerworks is rolling out a seven-foot-long box of brews containing 99 beers filled with the company's "Peacemaker" blonde ale, reports "Squawk Box's" Joe Kernen.
Can energy-efficient distilling produce a better vodka? One Brooklyn distillery is giving it a try.
Mixologists opened nearly 11,000 bottles at this year's Tales of the Cocktail convention. What you'll want to drink this year.
The new Roca Patrón uses an old-school production method that calls for a 2-ton volcanic rock.
A 75-year-old seasoning is spicing up the Maryland beer business. Flying Dog Brewery licensing deal to create a beer made with Old Bay seasoning has been wildly popular.
A Gallup poll finds that among Americans who drink alcohol, 41 percent of drinkers say they typically drink beer; 31 percent wine and 23 percent liquor.
Barrel-Finished Honey Vanilla Bean Vodka is selling for $36 online. Middle West Spirits' new flavored vodka ties natural infusions and barrel aging.
Lagunitas Brewing cut the ribbon on a 300,000-square-foot brew house and tap room in Chicago's Douglas Park neighborhood.
Stone Brewing Co. has closed on a deal to open a brewery and bistro in Berlin, becoming the first American craft brewer to independently own and operate a brewery in Europe.
Punch (yes really) is making a comeback on bar menus. Here's how to make the real deal at home.
Full Sail Brewing is suing The Sessions Law Firm, which specializes in driving under the influence (DUI) cases, for trademark infringement.