Up to 75% of the wine industry executives set to attend next month's inaugural Wine Vision conference said they were "confident" or "very confident" about the global economy and its impact on the sector
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Analysts are split on the state of global wine supplies, with some warning that stocks are running at historic lows and others arguing consumers may see more deals from a higher global harvest in 2013.
Studies abound showing how consumers can be suckered into believing that a wine is great even if it's just the cheap stuff poured into a fancy bottle. In fact, one Caltech study showed that our brains physically register more pleasure when drinking wines that have a more expensive price tag-even if the price has been artificially or arbitrarily boosted.
"No longer are wine critics and reasonably well-known wine writers like me sitting on a pedestal, haughtily handing down our judgments," she said. "Nowadays… [consumers] can make up their own minds. That's altogether a lot healthier."
The Obama administration wants to add energy conservation regulations to ice makers and wine chillers, put some foreign fish on the endangered species list and give the public more time to comment on a worker safety rule.
After launching its first shipment of directly imported US wines into China, Amazon China, Amazon.com's branch there, said the wines have received a very good response in the country, especially in Shanghai.
Jibe, Inc., a leading provider of recruiting technology solutions, today announced it has closed a $4 million credit facility from Silicon Valley Bank. The funds lend further viability to Jibe's position as one of the fastest-growing technology innovators in the recruiting and human capital management (HCM) market and will be used to continue the company's rapid expansion and growth.