Shares of major drink makers got battered on Thursday after poor results from Diageo and Rémy Cointreau caused a sell-off.» Read More
Beer is losing its popularity in comparison to alternatives and investors can benefit from the trend by buying spirit stocks like Diageo and Pernod Richard, analysts told CNBC.com.
It’s hard to drum up much enthusiasm for investing these days. Yet, for the high net worth crowd with income to spare, there are some other asset classes to consider -- investments that not only hold the potential for powerful gains, but can help put the fun back in your portfolio. We're talking art, wine, horses and cars.
I'm heading out of town Wednesday to "work" for a couple of days in Vail before going on vacation. I'm going to do something funky for the blog while away (more on that later). But first, in the "Olympic Spirit," here's a guest blog from award-winning television reporter John Klekamp.
Warren Buffett's Berkshire Hathaway will get almost $2.5 billion in cash as part of InBev's now friendly $50 billion deal to acquire Anheuser-Busch.
Just got back from visiting my sister in Humboldt County, in Northern California, where she was appearing in a community theater production. There is nothing like local theater--the good, the bad, the ugly, and the surprisingly wonderful.
Like much of the economy, Starbucks isn't completely healthy. But PR executive Michael Levine, author of "Broken Windows, Broken Business," goes so far as to suggest the company has come down with a potentially fatal "virus."
One week until the SAG contract expires, and a deal appears highly unlikely. This as the Screen Actors Guild celebrates 75 years of butting heads with the studios. But Tom Hanks is among those actors telling SAG to butt out of another union’s contract offer...
Los Angeles has a beautiful train station ... pity it lacks a key modern touch.
AND YOU THINK YOU'RE HAVING A BAD DAY AT THE OFFICE: Here are two videos of one office worker who apparently can't take it anymore. Something sets him off, and he starts throwing things. The videos are making the rounds on the Internet, igniting debate over whether they're authentic, or just well-crafted put-ons. They look pretty real to me. (Note: Content may be considered mature. Viewer discretion advised.)
Going to Disneyland is a fantasy for most kids...but working there isn't always Fantasy Land. Brandon Pinto, whose screen name is Brandon Hillock, is an actor who appeared in "Veronica Mars." He's also a life-long Disneyland fan.
Park Avenue Plastic Surgeon Stephen Greenberg is announcing the Hampton's Plastic House in which for a half a million dollars, a lucky consumer can get a summer mansion in Hampton's with a season full of lipo, new boobs and hundreds of thousands of dollars worth of treatments including...
So DataQuick says home sales in the Golden State rose almost 27 percent last month compared to the month before. Hmmm, let me see, who blogged about the possibility that we were bottoming in housing. Who? Who who who... oh yes, that was me. Also: "77 MIND-BLOWING SEX POSITIONS"! A promotional gift package from a website called Cleo's Boutique.
Fortune's CEO explains his strategy to steer clear of the worse of the housing debacle.
Telecommunications, consumer goods, banking and the drinks business have quarterly earnings in common, as a flurry of companies, such as Deutsche Telekom, Unilever, UniCredit and Diageo all reported results Thursday.
Farming can be a funny business -- not in a ha-ha way -- as so much depends on the whims of Mother Nature. As I prepare to head to Iowa this week to talk to corn and soybean farmers getting ready to plant, here in California, some farmers who grow wine grapes fear 2008 may not be a good year... Also: Louisiana 'Hearts' Baggy Trousers!
If you don’t watch “American Idol,” move on. The other 30 million of you—let’s dish. Here are my thoughts on last night’s show. Email me yours and I’ll post them. The audience is still booing the departure of Michael Johns, or maybe they're still booing Ryan for cruelly leaving the Aussie hanging a few moments last week.
Gregory Greenway of Brew City Mortgage (LOVE that name), sent me his new lyrics for the Manilow hit "I Write the Songs," called "I Closed the Loans":
France's Pernod Ricard won a hotly contested auction on Monday to buy the maker of Sweden's Absolut vodka for 5.63 billion euro ($8.87 billion), beating favourite Jim Beam bourbon-maker Fortune Brands.
Aspen, Colorado is a special place. And you need a lot of money to live here. There are 88 homes listed on the market for $20 million or more. Those are just the ones officially listed. But even here, the economic slowdown is starting to affect prices.
"When the economy gets tough, the mood changes for the wealthy first." So said Maryam Saghatelian, assistant VP for Cartier’s west coast operations.