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Largest Winemaker In America Turns To Hard Liquor As Young People Drinking Less
Largest Winemaker In America Turns To Hard Liquor As Young People Drinking Less
E. & J. Gallo Winery, the largest wine producer in the United States and the world by volume, has completed a major pivot into hard liquor. The family-owned giant finalized its acquisition of iconic Kentucky bourbon brand Four Roses from Japan’s Kirin Holdings in a deal valued at up to $775 million. The move comes as the U.S. wine industry grapples with steep declines in sales and a generational shift away from traditional wine - especially among...
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Major US Shale Producer To Boost Output, And It Suggests One Thing
Major US Shale Producer To Boost Output, And It Suggests One Thing
Last month, roughly three weeks into the U.S.-Iran conflict, UBS chief economist Arend Kapteyn told clients that one reason this Middle East energy shock is "not like the 2011-2014 shale boom" is the lack of a comparable response from the U.S. shale patch. In other words, the oil shock was viewed as temporary by major shale players and not worth adding new drilling rigs to the mix.
But now, on day 35 of Operation Epic Fury, that assumption about...
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Apr 21, 2026 / Tyler Durden
Vance's Pakistan Trip 'On Hold' After Iran Demands Lifting Blockade Of Its Ports, Talks Appear Off
Vance's Pakistan Trip 'On Hold' After Iran Demands Lifting Blockade Of Its Ports, Talks Appear Off
Summary
Vance's trip to Islamabad 'on hold' as talks appear off for now after Iran demanded US lift blockade of ports.
Neither side wants to appear 'weak' by flying to Pakistan first without the other side having already clearly committed. Trump warns: 'Expect...bombs' & urges Tehran "release women" said to be on death row.
Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani in Indo-Pac region: CENTCOM
As just 12 ships...
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