Beverage News

Close You asked. We're building it. David Milstead Globe and Mail Update Published on Friday, Nov.

Amid mountains of gloomy news for Oregon's wine industry, a one-of-a-kind bright spot is opening Saturday in McMinnville.

The Treasury Department sends all but 25 cents of the $13.50 in federal excise taxes levied per proof gallon of rum produced in Puerto Rico and the Virgin Islands to the territorial governments to spend on infrastructure and public services.

A shopper buys Coca-Cola at Costco in Mountain View, Calif., in April. Costco, which pulled Coke from its shelves this month, has also removed other products when it got into a dispute with the manufacturer over price.

The landscape for the takeover battle of the British maker of Dairy Milk chocolate, Cadbury widened yesterday with smaller rivals Hershey Co and Ferrero International SA saying that they are considering a possible offer for Cadbury.

Central European Distribution Corp. late Wednesday priced its public offer of nearly 10.3 million shares of its common stock at $31 per share, slightly below the stock's closing price of $31.78. After the announcement, shares of the beer and spirits importer and distributor fell $1.64, or 5.2 percent, to $30.14 in opening trading Thursday The ...

Republican or Democrat? Coke or Pepsi? Now, there is another raging debate to divide Americans: Edward or Jacob? Jennifer Love Hewitt is a proud Team Edward member, as is Joe Jonas.

The Coca-Cola Company is to introduce a new visual identity for key brands in its juice portfolio to be introduced across products worldwide.

Nov. 18 -- Bill Deutsch, founder and chairman of wine marketer W.J. Deutsch & Sons Ltd., talks with Bloomberg's Julie Hyman and Mark Crumpton about the impact of the U.S. economy on wine sales.

Heineken NVa s Dolf van den Brink ordered his brewery barricaded as Congolese militants fought outside.

In this Jan. 27, 2006 file photo, Michael White, then, CEO of PepsiCo USA, speaks in a panel session on Global Brands during the World Economic Forum WEF in Davos, Switzerland.

Applied Materials Inc., the world's largest maker of semiconductor equipment, agreed Tuesday to buy Semitool Inc.

Coca-Cola Co said on Tuesday that international growth, cost savings, new marketing and innovation would be key as it plans to double its total system revenue by 2020.

US chocolate giant Hershey is in talks with Italian confectioner Ferrero over a possible joint bid for Cadbury, it has been reported.

A Miami appeals court on Wednesday upheld the university's decision to fire former University of Miami women's basketball coach Ferne Labati, agreeing with the university's contention that there were ``at least three legitimate business justifications for its decision.'' Labati sued UM in 2005, claiming age and gender discrimination.

Thomson Reuters , the world's leading source of intelligent information for businesses and professionals, today announced that its Tax & Accounting business has signed a definitive agreement to acquire Sabrix, Inc, a leading global provider of transaction tax management software applications and related services.

While the company saw its profits rise on lower revenue, its once-generous dividend distribution has been prized by income investors for many years, so the news of dropping the dividend caused many investors to flee the stock.

Coca-Cola Co. , the worlda s largest soft-drink maker, will saturate more U.S. urban areas with its red logos and banners next year in a strategy intended to reverse volume declines.

The grapevine program at the University of California Davis has received a $1 million gift.

Coke also said it hopes to more than double the number of soft drink servings it sells to over 3 billion per day by the end of 2020.