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  Daily News for Friday, April 18th
Date
04/18/14
Bordeaux Needs to "Wake Up and Smell the Coffee" Says Sherry-Lehmann CEO
The posh Manhattan store that introduced many of France's top wines to America aims to stay relevant in an era of gray-market wines and online retail
04/18/14
House Immigration Bills Are Still in the Mix: Boehner Tells Attendees at Fundraiser He's 'Hellbent on Getting This Done'
Many lawmakers and activists have assumed the issue was off the table in an election year. But Mr. Boehner said at a Las Vegas fundraiser last month he was "hellbent on getting this done this year."
04/18/14
California Suffers Astonishingly Fast Snowpack Melt as Drought Intensifies
Officials already knew that the snowpack was unusually thin and would provide below average amounts of water when it melted, considering that the state had its third-driest winter on record, following its driest calendar year in 2013. However, they did not anticipate it would melt so quickly.
04/18/14
Water Issues Haven't Worried Some Wine Grape Growers
Weather is similar to other regions where top grapes are produced
04/18/14
Water and drought a key topic at Vineyard Economics Seminar
Karen Ross, secretary of the California State Department of Food and Agriculture, will be one of the speakers at the 19th annual Vineyard Economics Seminar taking place on Wednesday, May 14, at the Napa Valley Marriott Hotel & Spa in Napa
04/18/14
Bumper crop in BC creates oversupply of certain grape varieties
Some growers lower prices, consider replanting with different types
04/18/14
Shares of major drink makers got battered on Thursday after poor results from Diageo and Rémy Cointreau, stemming from the Chinese economic slowdown, caused a sell-off
Authorities in China have been clamping down on gift-giving among public officials, corruption and exuberant living
04/18/14
Earth Day and Wine on Tap: Free Flow Wines Releases New Sustainability Numbers on the Green Benefits and Lower Carbon Emissions of Wine on Tap - Press Release
The ultimate Earth Day story is on tap this year as restaurants and venues nationwide, including Pebble Beach Resorts, Marriott Hotels and Caesars Entertainment, have significantly reduced their wast
04/18/14
Starfield Vineyards Launches as Sinton Family Returns to Wine Roots
Starfield Vineyards announced the launch of its portfolio of five limited-production wines from Napa Valley and Bordeaux. Founded in 2011 by father-son team, Tom and Rob Sinton, Starfield Vineyards produces wines sourced from select cooler vineyard sites in premier winegrowing regions.
04/18/14
Earnings increase 27% at Exchange Bank
A growing loan portfolio, higher interest rates and improved asset quality helped first-quarter earnings for Santa Rosa's Exchange Bank increase 26.6 percent versus the same period one year ago, according to an announcement from the bank.
04/18/14
FAA prevents ag drones from taking off
Federal regulatory inertia on the commerical use of unmanned aerial vehicles could stiffle innovation as farmers and entrepreneurs find ways to use drones in agriculture.
04/18/14
Sangria tipped for Millennial success
Sangria has been tipped for international success with Millennials expected to lead a trend for sweet, fruity wines, according to research by Mintel.
04/18/14
Napa trend for 'leaner, less-oaked' Chardonnay
At a recent tasting Napa winemakers said they preferred the 2012 vintage over 2011, marking a taste for greater acidity and less-oaked flavours.
04/18/14
Ex-Napa wine exec pleads guilty to $1m fraud
A former Napa wine executive has pleaded guilty to stealing nearly $1 million from an online wine network.
04/18/14
Poll: Beer is 'no less healthy than wine'
The majority of Britons wrongly believe that wine is healthier than beer, when in fact moderate drinking of any alcohol is the key to good health, according to the Campaign for Real Ale.
04/18/14
Top 10 wines in the US press
Colette Bancroft recommends a "deeply satisfying" Cabernet Sauvignon, while Stacey Vreeken picks an "orange" Pinot Gris from California's Beauregard Vineyard.
04/18/14
Americans Are Thirsty for the New Zealand Wine Business
Wine lovers in the United States are drinking more New Zealand wines than ever, with double-digit annual percentage increases in the value of imports for the past five straight years. As demand increases, investors are also developing a taste for Kiwi wine. Recent acquisitions in the New Zealand wine market by two U.S.-based major players-Foley Family Wines and Terroir Selections-signal an increasing confidence in the wines' future.
04/18/14
Diageo blames political instability as growth stalls
"In the emerging markets currency volatility and caution about the outlook for GDP growth are negatively impacting business and consumer confidence," said Ivan Menezes, chief executive of Diageo.
04/18/14
Rémy Cointreau warns profits may slump by 40%
Rémy Cointreau has warned that full year profits may plummet by 35 to 40%, thanks to a fall in Chinese sales.
04/18/14
A former Kendall Jackson winemaker raises over $1 million for independent winemaking project
Peterson's new project relies on much smaller backers for support -- 200,000 smaller backers. He is using NakedWines.com -- a crowd-funding platform designed specifically for winemakers and wine drinkers.
04/18/14
County approves Santa Clara Valley wine trail route, signage
Visiting and local wine enthusiasts will soon have options besides their sometimes unreliable GPS systems in navigating South County's 20-plus wineries and vineyards-some tucked deep into the folds of rural hillsides-as county officials approved a new sign program directing motorists to the viticultural destinations.
04/18/14
Wine opinion: entry-level offerings win favour at Shanghai tasting
While anti-corruption laws have had a negative impact on the previously brisk sales of big-name wines, there is now a greater interest in entry level and good value wines. These might be from large Chinese vineyards or imports with a good pedigree. Imports have been helped by the resolution of a trade dispute between the mainland and the European Union.
04/18/14
Rosé: Now trending
"Attitudes seem to have changed over just the past year. Rosés are becoming trendier and trendier, leaving more room for different interpretations."
04/18/14
Tannins tamed, sagrantino grape surprises
Sagrantino is in the early stages of the wine consumer's consciousness-if it is there at all. And that's a good thing. Only in the last 20 years have winemakers learned how to tame its aggressive tannins.
04/18/14
Florida college looking for way to make wine healthier
Students do battle with cancer-causing fungus occurring in crushed grapes
04/18/14
Opinion: Dianne Feinstein's California water bill flows to the money
Water flows uphill ... toward money. That's as true now as it was the first time it was uttered by some now unknown cynic. Sen. Dianne Feinstein is proving it
04/18/14
Paso Robles Council approves $800,000 to design recycled water system
The first phase would be construction of a recycled water production facilities at the wastewater treatment plant and approximately the first mile of pipeline, Monn says. Subsequent phases would extend water delivery with a pipe system
04/18/14
Emerging markets stifle Diageo's growth
Diageo has announced flat sales for the nine months ended 31 March 2014 due to weakness in emerging market sales
04/18/14
'Napa Crossroads' - a musical love letter
David Pack joined forces with talented musicians and songwriters from five prominent valley wineries to create "Napa Crossroads," a recorded collection of original music that will be celebrated in a benefit performance at City Winery on April 28. He calls the CD "my love letter to Napa Valley."
04/18/14
Cape Mentelle, the Margaret River winery owned by France's LVMH group, has bowed to pressure from local producers by dropping its threat of legal action against Flametree Wines over use of the Wallcliffe name on labels
The move by Cape Mentelle comes after members of the Margaret River Wine Association voted overwhelmingly to challenge the LVMH-owned estate's claims to trademark rights on Wallcliffe as a standalone name
04/18/14
California's 2013 grape acreage totaled 878,000 acres
The wine-type grape acreage is estimated at 570,000 acres. Of the total acres, 525,000 were bearing and 45,000 were non-bearing.
04/18/14
Northwest Vineyard Deals Reflect Rebound
Jackson Family Wines and others lead charge to scoop up properties in Oregon, Washington
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