Activist investor Nelson Peltz is ramping up the pressure on PepsiCo, reaffirming his call for the company to separate its global drinks division from its snack unit. The call for a split comes as PepsiCo's drinks have lost ground to bigger rival Coca-Cola Co. in recent years.
Vodka is the national spirit of Russia and is a popular beverage worldwide. Generally produced from grain or potatoes, vodka traditionally is consumed with food in Russia. Lester Holt of the TODAY Show tries six different Russian varieties of vodka.
Spring water bottler Crystal Geyser's plans to tap an aquifer at the base of Mount Shasta in far Northern California is running into opposition from some residents, environmentalists and Native American tribes, who say the planned bottling operation could deplete wells and the aquifer.
Infant formula maker Mead Johnson Nutrition said its Chinese subsidiary may have violated U.S. and local laws, including anti-bribery statutes. Mead Johnson said in October that the Securities and Exchange Commission was looking into its business practices in China.
The Czech brewery Budvar says a Portuguese trade court has ruled that it will have the exclusive rights to the Budweiser trademark in the country, canceling the rights owned by rival Anheuser-Busch InBev. Budvar has been fighting with Anheuser-Busch for over a century over use of the Budweiser name.
A bold new wave of independent vintners is challenging Chile's reputation for producing oceans of agreeable but predictable wines. Their quirky, small-batch harvests are capturing the attention of wine connoisseurs both at home and abroad.
Bourbon is continuing to gain popularity across the United States and globally. Clay Risen, author of "American Whiskey, Bourbon and Rye: A Guide to the Nation's Favorite Spirit", discusses the billion dollar boom in the bourbon industry.
Coca-Cola says that its fourth-quarter profit fell as the world's biggest beverage maker once again sold less soda in North America. The maker of Sprite, Dasani and Vitaminwater water says sales volume declined 1 percent in North America.
Pratt Street Ale House, which brews its suds as Oliver Breweries, makes its beers on the premises of its bar and restaurant across Pratt Street from the convention center in Baltimore. Because of increasing demand, the company is expanding its operations into a 12,000-square-foot industrial space.
Vodka is the czar of Russian drinks — ubiquitous, powerful and sometimes crude. Russia's wines are like a provincial nobleman, little-known but aspiring to refinement. So local wine producers are aiming to educate Olympics visitors by setting up sales booths and conducting tastings.
The miserable economic environment in the UK market has left the world’s winemakers with little reason for optimism in recent years. However, the UK’s improving economic fundamentals, combined with recovery in the global harvest, should provide some relief in 2014.
California agriculture officials reported good news for wine lovers and vineyard operators alike: a record harvest of wine grapes. Growers in the nation's premier wine region brought in a bumper crop last year, thanks to expanded acreage and overall favorable weather.
Coca-Cola's advertisement at this year's Super Bowl, which featured the song, "America the Beautiful," sung in various foreign languages, has met with disapproval by some viewers. Now the company is speaking out against the ad's critics.
Veuve Clicquot is a French champagne house known the world over. The house does not compromise on quality and its motto is 'Only one quality — the finest.' In order to ensure it always makes the finest champagne, it also needs to be able to closely supervise its production systems.
VitiSort™ stainless steel, portable wine grape sorter for material other than grape (MOG) removal combines a mechanical MOG removal shaker and optical sorting with integral juice recovery system.
OSHA has cited G&J Pepsi-Cola Bottlers Inc. for seven workplace health and safety violations, carrying proposed penalties of $86,900. "This company consistently failed to protect its workers and implement basic safety requirements," said Bill Wilkerson, OSHA's area director in Cincinnati.
California would become the first state to require warning labels on sodas and other sugary drinks under a new proposal. SB1000 would require the warning on the front of all beverage containers with added sweeteners that have 75 or more calories in every 12 ounces.
A lower tax expense helped Molson Coors Brewing Co.'s fourth-quarter net income more than double, but earnings fell short of Wall Street's expectations. The beer maker also said Thursday that it is raising its dividend 16 percent, or 5 cents, to 37 cents.
To abide by Russian law, beer is not sold inside any venue at the Sochi Games. It's readily available at concession stands in Olympic Park, at restaurants and bars and at various national team houses in the area — just not to the general public where the games and races take place.
When compared to other packaged beverage categories, it becomes clear that bottled water’s growth can be attributed to a ‘shift-in-consumption’ trend, with the soft drink category experiencing its eighth consecutive year of volume loss.
Molson Coors hopes its red fridge in Sochi will do more than just quench the thirst of Canadian Olympic supporters. The bright red machines at Canada House allow those with a Canadian passport to open them for free beer and have been prominently featured in news reports.
French drinks maker Pernod Ricard warned that profitability will shrink this year as it reported a drop in first half earnings and sales. The maker of Absolut vodka forecasted that core earnings growth would slow to between 1 and 3 percent this year.
PepsiCo plans to stick by its struggling North American beverage unit, with hopes that the introduction of naturally sweetened, lower-calorie beverages will help revive soft drink sales. The company has been under pressure to spin off the drink business in favor of its stronger Frito-Lay snack unit.
Americans are cutting back on both regular soda and diet soda. So Dr Pepper Snapple Group said it plans to test versions of its Dr Pepper, 7Up and Canada Dry sodas this year that have about 60 calories a can with only naturally derived sweeteners.
Many people looking to lose weight make the switch to diet soda, but new research from Johns Hopkins University suggests that drinking diet soda may actually make people eat more. Dr. Holly Phillips discusses the study on "CBS This Morning."