N.J. officials have seized inventory and demanded records from 29 bars and restaurants that allegedly sold cheap liquor to patrons who thought they were buying premium brands.» Read More
The New York Post reports today that welfare recipients used electronic bank transfer cards to take out case for strip clubs, liquor stores and x-rated shops. Larry Elder, author of "Dear Father, Dear Son," provides perspective. "The real elephant in the room is why are so many people on food stamps and welfare," says Elder.
Robert Frank looks at one connoisseur whose rare wine collection is worth millions
Wine is way off its peak in 2010, and the wine auction market fell around 20-25 percent in 2012, reports CNBC's Robert Frank.
CNBC's Bertha Coombs reports defense stocks jumped after the "cliff" deal; and the best spirits to toast the "fiscal cliff" deal to, with Flavien Desoblin, The Brandy Library.
Warmer temperatures mean soon you may have to pay more for your favorite Bordeaux — if you can find it, the Global Post reports.
Need more serenity in your brew? Check out these beers made by monks! Plus, get your application in -- it's the Beer Drinker of the Year contest!
Starbucks will use its ubiquitous coffee cups to tell U.S. lawmakers to come up with a deal to avoid going over the "fiscal cliff'' and triggering automatic tax hikes and spending cuts.
Stephen Wickens, Managing Director, Wickens & Co says that it is time to buy wine as valuations look cheap.
*China alcohol sector hit by more contamination reports. HONG KONG, Dec 21- Hong Kong shares suffered their worst loss in three weeks on Friday as investors reduced risky holdings at the end of the year's last full trading week when the Republican House Speaker abandoned his Plan B bill to avert a "fiscal cliff". "
Just 15,000 packs of six bottles of Westvleteren 12 were sold in the United States at $85 each this week.
Dec. 12, 2012, will see the final release of The Stone Brewing Company Vertical Epic Ale series, one of the longest running undertakings in craft beer.
TOKYO, Dec 12- Suntory Holdings Ltd plans to raise up to $6 billion in an initial public offering of its food and non-alcoholic beverage unit, sources with knowledge of the matter said, as the Japanese group aims to expand overseas.
Brewer Tom Seefurth made a beer brewed with basil, oregano, tomato and garlic that tastes like pizza. The combination not only worked as a beer, it helped him save his home.
The collapse of the family behind the mighty Anheuser-Busch brewing dynasty has remained a mystery. Alex Berenson, Former New York Times reporter, offers insight, on his Kindle single, "The Prince of Beers," which goes behind closed doors with the final heir August Busch IV.
Six news stories that have consumers buzzing in the world of beer, wine and spirits this week.
HONG KONG, Dec 4- Onshore China shares staged a reversal of early losses on Tuesday, with the beleaguered alcohol sector leading an index bounce off near four-year lows and bolstering gains in Hong Kong. While Shanghai volume hit its highest since Nov. 9 after an afternoon spurt, market watchers were sceptical whether this is trend-reversing.
Winemaking is experimenting with social media, iPhone apps and other digital advances to lift sales and solidify customer relations.
*Wharf Holdings nears highest in three years. HONG KONG, Dec 3- Onshore Chinese shares eased on Monday despite positive economic data, crimping Hong Kong gains as investors took profits on outperformers, with the mainland banking and alcohol sectors among the biggest index drags.
Rich Bergsund, CEO of Wine.com, discusses the booming business of online wine sales.
Why did Diageo spend over $2 billion to buy a majority stake in India's United Spirits? It's simple math, CEO Paul Walsh told CNBC's "Squawk on the Street."