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Beer, Wine & Spirits

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  • Strong Spirit Sales Boost Diageo     Thursday, 23 Aug 2012 | 10:40 AM ET

    Paul Walsh, CEO of Diageo, offers insight on the company's growth forecast and earnings. Shares are up by 40 percent in the last year driven, in part, by torrid growth in Latin America.

  • Christie’s First Online Auction Sells $820,000 in Wine Wednesday, 22 Aug 2012 | 2:22 PM ET
    Christie's first online exclusive wine sale.

    Christie's Sold $820,000 worth of wine in an online-only sale, setting the stage for more auctions to be held online.

  • Lower Growth in 2013: Treasury Wine Estates     Thursday, 16 Aug 2012 | 11:15 PM ET

    David Dearie, CEO, Treasury Wine Estates says despite a 40% rise in full year net profits, he has a gloomy outlook for 2013's growth rate due to a lower wine supply.

  • Chinese Buyers Branch Out from Bordeaux     Thursday, 16 Aug 2012 | 3:45 AM ET

    Joe Marchant, investment expert at Bordeaux Index, told CNBC, the diversification of wines that the Chinese have been buying has increased much more rapidly than many traders in the UK and Europe have expected.

  • Are French Fine Wines in Trouble?     Thursday, 16 Aug 2012 | 2:53 AM ET

    With its moderate climate and approximately 250,000 acres of vineyards it is no surprise that Bordeaux is one of the world's top wine producing regions. So how is the area benefiting from one of the most popular alternative investments out there?

  • An Expensive Mistake     Wednesday, 15 Aug 2012 | 12:00 AM ET

    Last year wine collectors shelled out nearly half a billion dollars for rare and exotic vintages. With that kind of money at stake, it's no surprise this high-end hobby is a target for fraud.

  • Could You Spot a Fake Wine?     Monday, 30 Jul 2012 | 4:51 PM ET

    Ripping off the rich is apparently a growing industry, with CNBC's Scott Wapner.

  • High End Wine Crime     Monday, 30 Jul 2012 | 2:43 PM ET

    Criminals are targeting high end wine collectors by selling cheap wine in seemingly expensive bottles, with CNBC's Scott Wapner.

  • Good Time to Invest in Wine: Expert     Thursday, 19 Jul 2012 | 9:50 PM ET

    Michael Daymond-King, Director, Bordeaux Index says that long term stability is one of the joys of investing in the wine market. He further explains why wine is a winner among other asset classes.

  • Losing Her Sight Taught Her How to Run a Business Thursday, 19 Jul 2012 | 9:51 AM ET

    Despite the sudden loss of eyesight that Alex Elman once labeled as a "total loss of independence," she has since achieved more as an entrepreneur.

  • Wine and Art: What Better Franchise? Monday, 16 Jul 2012 | 11:01 AM ET

    Hand a canvas and some painting supplies to a not-so-budding artist, and a blank stare may follow. But give this same Picasso in the rough a corkscrew and wine glass, and you’ve got a franchise opportunity.

  • Which State is Tops?     Monday, 9 Jul 2012 | 4:24 PM ET

    CNBC will reveal the big winner of CNBC's "Top States for Doing Business" tomorrow. CNBC's Scott Cohn offers a preview.

  • 'Wine'-ing About Higher Prices     Tuesday, 3 Jul 2012 | 11:54 AM ET

    The wine grape crop in California has been falling for 2 years, and Western Farm Press reports wineries believe they will be short on supply for up to 5 years, while demand is up at least 10 percent. CNBC's Jane Wells has the details.

  • "Over the last five years we have had double digit growth and we believe we are at the bottom of that curve now and believe there is going to be a twenty percent increase this year," Peter Shakeshaft, chairman of Vin-X, told CNBC.

  • What Do You Eat With a $168,000 Bottle of Wine? Thursday, 28 Jun 2012 | 11:02 AM ET

    The most expensive wine ever sold directly from a winery will go on sale this week, from the venerable Australian vintner Penfolds. The limited edition release of the 2004 Penfolds Block 42 Cabernet Sauvignon is priced at $168,000 a bottle.

  • Opa! Greek Wines Create Some Buzz Friday, 15 Jun 2012 | 2:48 PM ET
    Hillside Vineyard, Samos, Greece.

    Amid Greece's economic woes, there is some good news: importers and top sommeliers are becoming more interested in the increasing quality (and rising prices) of Greek wines.

  • Beware the 'Fairy Tales' of Art, Wine and Jewels Tuesday, 12 Jun 2012 | 12:36 PM ET
    "Tete" carved by Italian sculptor and painter Amadeo Modigliani

    The wealthy have been turning to the concrete value of collectibles during the financial crisis. But some of the sector's stability is illusory.

  • Post Wall Street Jobs Wednesday, 6 Jun 2012 | 4:56 PM ET
    On March 14, a 12-year veteran of Goldman Sachs named Greg Smith quit his job. When he did, he took the extra step of submitting  to The New York Times that detailed his reasons. Titled “Why I Am Leaving Goldman Sachs,” the article pulled no punches in its description of the company’s environment as “toxic and destructive.”Goldman Sachs Chief Executive Officer Lloyd C. Blankfein  and Chief Operating Officer Gary D. Cohn responded via  which said that “the assertions made by this individual… do n

    Many people have left careers in finance and found fulfillment with others, and many say their background gave them an edge in a new venture.

  • Tough Market, Low Rates     Monday, 4 Jun 2012 | 4:15 PM ET

    CNBC's Kayla Tausche looks at where to make money in a tough market, while Robert Frank weighs in on where the rich are hunting for yield.

  • Sheraton Launches Premium Wine Tasting Social Hours Monday, 4 Jun 2012 | 3:44 PM ET

    Socializing at Sheraton Hotels just got a little more upscale. The hotel chain now offers social hours featuring premium wine tasting events complete with Riedel stemware.