A end of a 400-year-old rule that means British pubs can now pick and choose their ales, won't lead to cheaper beer, a major pub boss warned.» Read More
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...
CNBC's Morgan Brennan reports which vice stocks are about to pop into the holiday season; "Fast Money" trader Tim Seymour, provides perspective.
The restaurant and entertainment chain's tweet sparked a bubbling social media firestorm after users blasted its off-color pun.
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...
If you're ready to drop a few Benjamins on delivery or takeout, this is the list for you.
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.
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...
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.
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...
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.
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...
The craft beer movement is great for the beer business overall, Anheuser-Busch InBev CEO Carlos Brito told CNBC on Thursday.
Discussing the breakdown of the craft beer business, and consolidation among the brewer and distributor levels, with Bob Pease, Craft Brewers Association CEO.
Insight to the state by state issue regarding craft beer distribution, with Bob Pease, Craft Brewers Association CEO.
Marketers are salivating over millennials as they try to understand the future American spender, and Big Beer brands are a good example.
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.
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.
American Express CEO Ken Chenault doesn't care if plastic cards go away, as long as his brand is part of your digital wallet.
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.
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."