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Beer, Wine & Spirits

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  • CARACAS, Nov 19- Venezuela will increase taxes on luxury goods, alcohol and tobacco to help shore up the government's finances, the top tax official said, as falling oil prices threaten the OPEC member's coffers. Buyers of luxury goods, including cars worth more than $30,000, will pay an excise tax of 15 percent, up from 10 percent, tax chief Jose David Cabello said...

  • Happy holidays: Booze yes, smokes no     Tuesday, 18 Nov 2014 | 4:08 PM ET

    CNBC's Morgan Brennan reports which vice stocks are about to pop into the holiday season; "Fast Money" trader Tim Seymour, provides perspective.

  • Restaurant's off-color tweet sparks backlash Tuesday, 18 Nov 2014 | 2:10 PM ET

    The restaurant and entertainment chain's tweet sparked a bubbling social media firestorm after users blasted its off-color pun.

  • Cost of booze rising in Virginia after board vote Monday, 17 Nov 2014 | 2:53 PM ET

    Terry McAuliffe proposed the price increase as a small part of a broader plan to plug a $2.4 billion gap in the two-year state budget. Jeffrey Painter, chairman of the Virginia Alcoholic Beverage Control Board, said the average price of a bottle of the hard stuff at the state's 350 package stores is $15. The cost is borne not only by customers at retail stores, but...

  • Restaurant delivery items that break the bank Sunday, 16 Nov 2014 | 2:00 PM ET
    Tasmanian Osetra Caviar Pizza from Uncle Paul's Pizza in NYC

    If you're ready to drop a few Benjamins on delivery or takeout, this is the list for you.

  • Masters of their 'craft': 30 years of Widmer beer Saturday, 15 Nov 2014 | 1:00 PM ET

    Rob and Kurt Widmer, the founders of Portland's Widmer Brothers Brewing, have created a business that has made them the elders of craft brewing.

  • Judge: Ky. must OK sale of alcohol distributor Friday, 14 Nov 2014 | 4:41 PM ET

    FRANKFORT, Ky.— A Kentucky judge has ordered the state to approve the sale of a small distributor to Anheuser-Busch in a decision that could lead to legislative fight when the General Assembly returns in January. Franklin circuit court Judge Phillip J. Shepherd ordered the state Department of Alcoholic Beverage Control to issue a wholesale beer distributor's...

  • Wine Spectator's #1 wine of 2014     Friday, 14 Nov 2014 | 10:48 AM ET
    Grapes from the Francis Ford Coppola Winery.

    After more than 20,000 wines were reviewed, Tom Matthews, Wine Spectator executive editor, reveals the top wine for 2014. Matthews also discusses recent trends in the diverse wine space.

  • Massachusetts probes state's beer industry Friday, 14 Nov 2014 | 8:38 AM ET

    BOSTON— Massachusetts regulators are investigating whether beer distributors, breweries and retailers are violating the law by paying to have certain brands sold in bars and at liquor stores, while at the same time shutting out rivals. Investigators for the Alcoholic Beverages Control Commission have issued subpoenas to several breweries, distributors...

  • How cheap gas is saving the restaurant business Friday, 14 Nov 2014 | 5:00 AM ET

    There's good news for the dining-out industry: Jobs creation is improving, gas prices are low and restaurants are seeing seats fill up again.

  • New York loosens rules for craft beer, wine Thursday, 13 Nov 2014 | 12:46 PM ET

    ALBANY, N.Y.— New York is eliminating some restrictions on craft beer, wine and spirits producers to encourage the growing interest in locally made alcoholic beverages. Andrew Cuomo on Thursday signed into law a bill that relaxes several regulations to reduce fees on small manufacturers looking to increase production. Cuomo also announced $3 million in...

  • Beer giant Anheuser-Busch bets bigger on craft brew Thursday, 13 Nov 2014 | 12:27 PM ET

    The craft beer movement is great for the beer business overall, Anheuser-Busch InBev CEO Carlos Brito told CNBC on Thursday.

  • The craft beer revolution     Monday, 10 Nov 2014 | 6:54 AM ET

    Discussing the breakdown of the craft beer business, and consolidation among the brewer and distributor levels, with Bob Pease, Craft Brewers Association CEO.

  • Craft brewers' state by state campaign     Monday, 10 Nov 2014 | 6:52 AM ET

    Insight to the state by state issue regarding craft beer distribution, with Bob Pease, Craft Brewers Association CEO.

  • Why do those elitist millennials hate Big Beer? Saturday, 8 Nov 2014 | 11:00 AM ET

    Marketers are salivating over millennials as they try to understand the future American spender, and Big Beer brands are a good example.

  • Kentucky bourbon the DC fix?     Thursday, 6 Nov 2014 | 4:36 PM ET

    President Obama said he would enjoy Kentucky bourbon with Mitch McConnell. Bill Samuels Jr., Maker's Mark chairman emeritus, steps up to the political challenge.

  • China acquires a taste for Napa Valley wine     Wednesday, 5 Nov 2014 | 8:46 PM ET

    Jeff Williamson, Director at California State Trade and Export Promotion and Dwight Bonewell, Director of Export Sales at Grand Napa Vineyards, discuss the strong Chinese demand for California's wine.

  • Why AmEx's CEO doesn't care if plastic goes away Wednesday, 5 Nov 2014 | 11:01 AM ET
    Ken Chenault

    American Express CEO Ken Chenault doesn't care if plastic cards go away, as long as his brand is part of your digital wallet.

  • Booze on the Move     Wednesday, 5 Nov 2014 | 9:00 AM ET

    On today's Power Pitch we have a start-up banking on a new way to get you your booze. See Devaraj Southworth pitches his start-up, Thirstie, to a panel with Jennifer Baum of Bullfrog & Baum, Ellie Wheeler of Greycroft Partners and Lee Schrager of Southern Wine & Spirits. CNBC's Mandy Drury hosted the segment.

  • World's best whisky not Scottish     Tuesday, 4 Nov 2014 | 5:51 PM ET

    The latest edition of the Whisky Bible named a Japanese whisky as the world's best, knocking Scotland out of the top spot. Nicholas Pollacchi, The Whisky Dog founder & CEO, says this breaks his heart, but this particular Japanese whisky is "absolutely outstanding."