Diageo does $2.1 bln deal for Mallya’s United Spirits
Diageo Plc (DGE.L) has agreed to buy a majority stake in United Spirits Ltd, controlled by Vijay Mallya, for $2.1 billion, fueling a push by the world's biggest spirits group into fast-growing markets. Diageo, which first tried to buy United Spirits (UNSP.NS) in 2008,...
Yao Ming enters US Wine Market
Chinese former NBA basketball star Yao Ming has entered the US wine market with his Napa Valley Cabernet Sauvignon following its launch in mainland China. Ming’s company, Yao Family Wines, will distribute a limited supply of Yao Ming 2009 Napa Valley Cabernet...
Inquiries about pot production, sale flood two state agencies
The phone has been ringing off the hook at the state Liquor Control Board since the passage of Initiative 502, with most callers asking how to become a producer and retailer of marijuana for recreational use, an agency spokesman said Thursday. ONLINE For more about...
Liquor Library, a different kind of convenience store, opens at McCarran
For visitors planning to party in Las Vegas, flying into McCarran International Airport often meant a detour to the liquor store before checking in at their hotel. Now travelers can save a trip and pick up a bottle of their favorite beer, wine or spirit at a new...
Amazon.com opens online wine marketplace, partners with wineries [Google+ Hangout]
As if shopping on Amazon.com needed to get any more dangerous: The online retailer will now start selling wine in a dedicated section on its site, just in time for the holidays. Visitors to Amazon Wine will have access to more than 1,000 wines from wineries...
Grey Goose Out of Reach as N.J. Liquor Warehouse Flooded
New Jerseyans with homes swamped and blacked out by Hurricane Sandy face another hardship: a cutoff of Cristal champagne, Grey Goose vodka and an herbal brew called Kamasutra, “the natural spirit of seduction.” The exclusive New Jersey distributor of those and other...
Daily glass of wine can help beat breast cancer: study
A glass of wine a day can boost survival chances of women with breast cancer by up to a fifth, scientists claim. In the largest study of its kind, researchers from the University of Cambridge found that those who drink in moderation are more likely to recover from the...
Liquor costs more at state-owned stores in U.S.: study
(Reuters) - U.S. states that have a monopoly over their liquor sales seem to charge slightly more for alcohol than states without such control, the so-called "license states," according to a U.S. study. As of February 2012, 18 control states in the United States set...
Alcohol Makers Want Their Brand Names out of Hit Movie ‘Flight’
Anheuser-Busch wants Paramount Pictures to remove or hide the Budweiser logo from its film Flight, in which Denzel Washington portrays a highly functioning alcoholic pilot. The Budweiser maker says it's spent a ton of money on responsible drinking promotions, and it...