The North Coast wine industry will continue to experience mergers and acquisitions over the next few years as major wine companies seek to expand their presence in the premium American wine market, two top executives said Tuesday
Bank of America Merrill Lynch expects Treasury Wine Estates to more than double US earnings to $289 million in 2019, helping to power the company to a profit of $489m in the year, up from $218m last year.
Millennials, whose baby boomer parents were the first generation of U.S. premium wine drinkers, are consuming more and higher-value wines, driven by a thirst for quality, new experiences and information-sharing, according to wine industry leaders surveyed by UC Davis
Mexico's Jose Cuervo, the world's largest tequila producer, on Tuesday announced its long-awaited initial public offering, which could raise up to $1 billion, another sign of a wider revival in Latin American stock flotations
A fast-moving wildfire burning in the Santa Cruz Mountains has scorched more than 2,250 acres, destroyed a home and triggered evacuations, as firefighters continued to battle multiple blazes across the state Tuesday
Challenging conditions generally breed outstanding wines, but lately domestic vineyard rows have been gasping for air. Climate change has ushered in a host of extremes, namely in the form of heat, drought and wildfires, and when stress like this persists, the nature of the practice becomes a tad hazy.
Pencil a horizontal line eastward from the city of San Francisco toward Yosemite National Park. Just before the park, and north a few dozen miles, spreads a California wine region beginning to boil with renown
Europe's biggest lender Deutsche Bank has lost more than half of its value since January, posing a threat to the stability of other banks across the continent. Some analysts are worried it could invoke a large-scale crisis, bigger than in 2008
Erin Dix works as a fine-wine manager at Major Brands, a wholesaler in St. Louis, Missouri. She talks about what her job entails, why most people don't know exactly what she does, and whether working in the industry has changed her perception of wine. This interview has been lightly edited for length and clarity
A few weeks ago, Manhattan restaurant Springbone Kitchen saw a surge in new customers. Dozens came in and asked for Springbone's strawberry rhubarb ice cream, and the restaurant knew exactly where they had come from. A day earlier, a foodie Instagram account had posted a picture of the flavor to its hundreds of thousands of followers