PURCHASE, N.Y.— PepsiCo Inc. raised its forecast slightly for the year on Wednesday as it continued to slash costs while selling more of its snacks and drinks. While the gains were relatively modest, PepsiCo has been boosting its financial results with a cost-cutting plan expected to generate $1 billion in savings this year.» Read More
CNBC's Sara Eisen reports how the shift in consumers' taste is reflected in the earnings of McDonald's and Chipotle.
Barrel-Finished Honey Vanilla Bean Vodka is selling for $36 online. Middle West Spirits' new flavored vodka ties natural infusions and barrel aging.
SAN FRANCISCO— San Francisco lawmakers narrowly agreed Tuesday to place a 2- cent- per-ounce tax on sugary drinks on the November ballot, a move that promises to turn the election into an expensive fight between the beverage industry and public health advocates.
ATLANTA— Coca-Cola Co. reported quarterly sales that fell short of Wall Street estimates on Tuesday as demand weakened for Diet Coke in North America. Globally, the world's biggest beverage maker, said sales volume rose 3 percent, boosted by gains in places including China, India, the Middle East and South Africa.
Muhtar Kent, Coca-Cola chairman & CEO, shares his thought on David Winter's comments that Coca-Cola needs to restore credibility with investors. Our equity plan is a good plan approved by the shareholders, says Kent.
Muhtar Kent, Coca-Cola chairman & CEO, shares his company's plans to grow its sparkling beverage brands globally.
July 22- Coca-Cola Co reported a 3 percent fall in quarterly net profit due to restructuring of its juice operations in Russia and the separation of its Brazilian bottling operations last year.
It once owned a handful of stores in New York City, Seattle and Philadelphia but closed most, including one in Times Square, in 2010.. At the same time Starbucks Corp last week opened its first store in Colombia 43 years after the world's biggest coffee chain began buying beans from the country famous for its premium arabica coffee.
NEW YORK, July 21- Coca-Cola Co may have annual profits of about $9.3 billion, but that princely sum could fall short of what the world's largest soda maker needs to tempt would-be franchisees into taking over more of its regional bottling operations.
Kerry Dolan, Forbes, discusses her article on the rise and fall of the Stroh family who immigrated to this country with nothing but a beer recipe, turned it into a fortune, and lost it all.
Shares of Monster Beverage are down more than 3 percent today. CNBC contributor Herb Greenberg, shares his opinions on the health issues associated with this company.
The move also marks a continuing departure from the status quo of mass market lagers or stouts, demonstrating a willingness of American breweries to explore— and innovate— old world beer styles from Belgium, Germany and the United Kingdom.
Lagunitas Brewing cut the ribbon on a 300,000-square-foot brew house and tap room in Chicago's Douglas Park neighborhood.
If you think cacao is synonymous with chocolate, think again—at least so far as your spirits collection is concerned.
Farm-to-table sourcing is downright tame compared with what some distillers and bartenders are doing to source spirited ingredients.
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.
Bartender as therapist is a universal concept. There's a different kind of bar psychology, though, that can get you to spend more.
A San Francisco distillery is aging its gin in sauvignon blanc or cabernet sauvignon casks. It's the latest craze in the boutique spirits industry.
POWRANNA, Australia, July 18- Thousands of Black Angus bulls snort steam gently into the frigid early morning air at Tasmania's largest cattle feedlot as they jostle for space at a long grain trough.
At the Tales of the Cocktail festival in New Orleans, teams of men and women squared off to see which gender makes the best cocktails.