Sales of craft beer rose about 17 percent last year despite a nearly 2 percent drop in overall beer sales, according to the Brewers Association, a trade group for the majority of the nation's more than 3,000 breweries.» Read More
Sept 10- American Airlines has won regulatory approval to swap flight attendants' paper manuals for lighter Samsung tablets in a change that will save nearly $1 million a year, the company said on Wednesday.
MILWAUKEE— In a story Sept. 9 about the retirement of the Jacob Leinenkugel Brewing Company's president, The Associated Press erroneously reported that Nielsen's Andrea Riberi said the brewery's beer is ideally suited to the 18- to 25- year-old market. Jake Leinenkugel announces retirement, hands control of Wisconsin craft brewer to brother.
Peter Gago, chief winemaker at Penfolds Wines, says people are willing to pay a high price for Australian wines.
MILWAUKEE— Jake Leinenkugel announced Tuesday that he is stepping down as president of the craft brewery started by his great-great-grandfather and will be succeeded by his younger brother Dick Leinenkugel, who formerly led economic development efforts in Wisconsin.
Indianapolis- based Monarch Beverage Co., the state's largest beer distributor, has filed documents seeking a liquor wholesaler's permit for a separate corporate entity. The state Alcohol and Tobacco Commission has already notified the company it intends to deny the request, the Indianapolis Business Journal reported.
BOGOTA, Sept 5- Colombia's coffee production will be between 11.5 million and 12 million 60- kg bags in 2014, up from a previous estimate of 11.4 million bags, the head of the farmer-funded growers' federation said on Friday, thanks to good weather and tree renovation.
MINEOLA, N.Y., Sept 4- The privately held U.S. producer of AriZona iced tea might face insolvency if the judge overseeing a dispute between its founders sets its value at $3 billion or greater, a lawyer for the co-owner running the company said Thursday.
Sept 3- The leading vodka brands in the United States are losing their buzz as craft distillers and other alcoholic drinks infringe on their turf. Both Diageo Plc, which markets Smirnoff, and Pernod Ricard SA, known for its Absolut brand, say newcomers to the vodka market are cutting into their sales.
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.
The "Squawk Box" crew conducts its own wine in a can taste test. It's not bad, says Becky. I feel like I'm at mass, quips Joe.
Ryan Harms, Union Wine Company is trying to make wine more accessible for the masses and appeal to a new "varietal" of wine drinkers by offering consumers wine sold in a can.
Banks fear competition for top talent from tech companies that can offer similarly high pay combined with luxurious benefits. The NYT reports.
NEW YORK, Aug 15- Coca-Cola Co's $2.15 billion wager on a stake in Monster Beverage Corp highlights the growth-starved soft drink company's embrace of deals that fall short of a full-blown merger and acquisition but allow it to test-drive potentially risky targets.
Discussing the deal with Monster Beverage and who Coke should be looking to acquire, with Robert Luna, SureVest Wealth Management, and William Chappell, SunTrust Robinson Humphrey.
Jeff Cioletti, Beverage World, discusses Coca-Cola's stake in Monster Beverage. Cioletti explains why it makes sense for Coke to get involved with Monster.
TORONTO, Aug 14- Canadian coffee and donut chain Tim Hortons, which has offered only one coffee blend in its 50- year history, hopes to lure new coffee drinkers and fend off rivals such as Starbucks Corp and McDonald's Corp with the launch throughout North America of its new dark roast blend.
*Putin strikes conciliatory tone on Ukraine. NEW YORK, Aug 14- U.S. stocks advanced on Thursday after conciliatory comments from Russia helped ease concerns about escalation of the conflict in Ukraine and offset some uninspiring earnings.
NEW YORK, Aug 14- Keurig Green Mountain Inc said on Thursday it will hike coffee prices by up to 9 percent in November, becoming the latest major drinks maker trying to cover soaring coffee costs.