AMSTERDAM— Budweiser brewer AB InBev SA, the world's largest beer maker, says sales and underlying earnings grew in the second quarter, with 7.2 percent growth in Brazil, thanks in part to the World Cup, and it sees an improving economic outlook in the U.S.» Read More
Campbell Soup Co. is hoping it can spark a turnaround for the struggling beverage brand by hitching it to the growing popularity of new brands that mix more exotic ingredients like coconut water, kale and ginger and tout their freshness.
FRANKFORT, Ky.— Kentucky bourbon makers are churning out larger volumes of whiskey being stored for aging. The Kentucky Distillers' Association said Tuesday the state's bourbon inventory has topped 5 million barrels for the first time since 1977.. It says Kentucky bourbon distilleries filled 1.2 million barrels last year, the most since 1970..
July 22- Coca-Cola Co is still grappling with a problem even as sales of traditional Coke rise in North America: U.S. consumers are drinking less diet soda. But Coke reported lower-than-expected quarterly revenue as sales volume in North America, its biggest market, was flat partly because of a decline in diet Coke sales.
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.