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Beverages

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  • Craft beer lovers slowly rediscover love for lager Saturday, 23 May 2015 | 4:30 PM ET
    Jack’s Abby Brewing, Hoponius Union Beer

    Often ignored in craft beer circles, lager is starting to get a little love from craft breweries.

  • And that means pretty soon you'll have your very own mini Times Square at the bar, right on the bottle. "Everyone likes to see their name in lights," says Brandon Laidlaw, president and chief operating officer of Pleasanton, California- based Medea vodka, which recently introduced a liquor bottle equipped with an LED message band that can be programmed to scroll any...

  • Brazil, in reversal, blocks Peru coffee imports Thursday, 21 May 2015 | 10:55 AM ET

    SAO PAULO, May 21- Brazil's government said on Thursday it would not allow imports of Peruvian coffee, reversing last month's decision to open its market to its South American neighbor. The about-face came after farmers and politicians from Brazilian coffee-growing states warned that crop pests from Peru could enter Brazil and questioned why the world's top...

  • SAO PAULO, May 19- Whirlpool Corp and Anheuser-Busch InBev on Tuesday started selling a countertop appliance that makes soda, juice and coffee with single-serve capsules, marking the start of a joint venture worth more than $70 million. Last year, the Coca-Cola Co invested an initial $1.25 billion in Keurig Green Mountain Inc as part of a plan to sell its soft...

  • FRANKFORT, Ky.— The alleged head of a bourbon theft ring recruited a security guard and paid her $800 to look the other way as thieves spirited away thousands of dollars' worth of whiskey from a Kentucky distillery, prosecutors said Tuesday. Leslie Wright, 34, described by prosecutors as a former security guard at Buffalo Trace Distillery, was indicted on a charge...

  • Bacardi has U.S. rights to " Havana Club" name. Pernod's Havana Club will have to change its name to "Havanista" for U.S. customers, because Bacardi International, now Bermuda- based after its founders fled the communist island in the 1960 s, has the U.S. rights to the " Havana Club" name. "If the embargo is lifted, we could gain access to an enormous market and a substantial...

  • HONG KONG— For Americans, there are cheaper vacations in Europe and lower-priced imports. A Chinese factory is selling fewer goods in Europe. In Europe, many exporters have benefited because a stronger dollar tends to make their products cheaper in the United States.

  • Weaker commodity stocks push FTSE lower at the close Friday, 15 May 2015 | 11:55 AM ET

    *Blue-chip FTSE 100 index ends 0.2 pct lower. LONDON, May 15- Britain's top share index slipped on Friday, with energy and mining sectors falling the most on U.S. economic growth concerns and after prices of key commodities dropped. Shares in Anglo American, Glencore and Fresnillo were down 1.2 to 1.8 percent.

  • 'Keurig Kold' system gets an icy reception   Friday, 15 May 2015 | 11:00 AM ET
    'Keurig Kold' system gets an icy reception

    Keurig's planned 'Keurig Kold' system received a cool response after the company unveiled new details.

  • Dairy Queen pulling soda from kids' menu   Friday, 15 May 2015 | 9:00 AM ET
    Dairy Queen pulling soda from kids' menu

    Dairy Queen said it will pull sodas from its kids' menu in September.

  • May 13- Owens-Illinois Inc, which makes bottles for Corona and Pepsi, is to buy Mexico's Vitro SAB's glass container business for about $2.15 billion to strengthen its operations in a country that houses numerous distilleries and bottlers. Mexico houses operations for Diageo, Heineken, Corona maker Constellation Brands Inc as well as bottling operations for...

  • May 13- Owens-Illinois Inc, which makes bottles for Corona and Pepsi, said it would buy Mexico's Vitro SAB's food and beverage glass container business for about $2.15 billion, as it looks to expand in Latin America. The company's other large customers include Anheuser-Busch InBev, Diageo, Heineken, Nestle and SABMiller. Deutsche Bank served is O-I's financial...

  • Craft beer controversy   Monday, 11 May 2015 | 10:30 AM ET
    Craft beer controversy

    The craft beer industry celebrates solid growth with "American Craft Beer Week" amid growing controversy about the definition of "craft."

  • LOS ANGELES, May 8- Starbucks Corp on Friday said it would stop sourcing water for its Ethos Water brand in California, which is in the fourth year of a serious drought that has prompted the governor to order the state's first-ever mandatory cuts in water use by 25 percent. Starbucks bought privately held Ethos Brands LLC for $8 million in April 2005.

  • LOS ANGELES, May 8- Starbucks Corp on Friday said it would stop sourcing water for its Ethos Water brand in California, which is in the fourth year of a serious drought that has prompted the governor to order the state's first-ever mandatory water use cuts of 25 percent. Starbucks bought privately held Ethos Brands LLC for $8 million in April.

  • Strong U.S. dollar pressures jobs at exporters Friday, 8 May 2015 | 10:28 AM ET

    The appreciation in the currency weighed on first quarter profits across corporate America, including at soft drink giant PepsiCo Inc and toothpaste producer Colgate-Palmolive. Steel, the rise in the value of the dollar reduced profits from its sales to Europe, while also making steel from South Korea more competitive abroad, helping to force layoffs of...

  • SYDNEY, May 8- Murray Goulburn will proceed with its A $500 million public listing after members of the cooperative voted to approve the move on Friday, Australia's largest dairy producer said. The fund-raising will test investor appetite for a sector that expects strong long-term growth as Asia develops a taste for dairy products, but which has been battling...

  • BRUSSELS, May 7- Heineken plans to replicate its most successful sales techniques across the world as the beer industry battles for the third of drinkers who only chose a product after arriving at a bar or store. New chief commercial officer Jan Derck van Karnebeek told Reuters the world's No.3 brewer by volume-- like its rivals-- already had common practices...

  • May 7- MillerCoors LLC, the U.S. operations of brewers Molson Coors Brewing Co and SABMiller Plc, reported a 1 percent fall in quarterly net sales, hurt by lower demand for its Coors Light beer and some of its more expensive beer brands. Net income attributable to the company rose to $304.6 million in the first quarter ended March 31 from $291.2 million a year earlier.

  • SYDNEY, May 7- A A $500 million public listing by Australia's largest dairy producer, Murray Goulburn Co-operative Co Ltd, is on track for July, with cooperative members expected to give the go-ahead for the plan on Friday. "I have voted for it," said Stuart Crosthwaite, owner of North East Murray Dairy, one of the cooperative's 2,500 members. Those investors would be...