As vice president and general manager at The Wine Tasting Network, Edwards directed the company to make payments totalling about $900,000 to his fictitious company, according to the indictment. Then he deposited that money into an account he controlled and spent it on personal items like a BMW, the indictment says
Bernard Arnault's Moët Hennessy Louis Vuitton (LVMH) luxury group has made its first move in Burgundy, buying Domaine des Lambrays from Ruth Freund for an undisclosed sum. The domaine includes a near monopoly of the climat Clos des Lambrays.
The Wine Spectator Auction Index, which tracks sales of commercial wine auctions in the United States, rose 6.7 percent in the first quarter of 2014, to 339.94 points. This represents the index's largest quarterly increase in the past three years.
Under a 1964 agreement, the irrigation districts - known as the Settlement Contractors - are collectively entitled to annually divert 2.2 million acre-feet of water from the Sacramento River in all but the driest years. That is enough to supply 4.4 million households