Wines

Consumer

Will the Drink Industry’s Hangover Last Through 2025?

Photo by Paloma A. via Unsplash

In a 2023 Gallup survey, 62% of American adults under 35 said they drink alcohol, down from 72% twenty years earlier.

2 min read

Photo by Eva Rinaldi via CC BY-SA 2.0

Consumer

Pernod Ricard Dumps Most Wine Holdings as Grapes Sour

Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.

1 min read

Photo by News Øresund – Kristoffer Dahl via CC BY 3.0

Healthcare

AI Wants to be the Future of Drug Discovery

Novo Nordisk on Wednesday announced an expanded deal with healthtech firm Valo Health to use AI to fuel drug discovery.

2 min read
Photo by WORKSITE Ltd. via Unsplash

Energy

Oil Prices Trapped Between Falling US Crude Inventories and Rising Gasoline Stockpiles

A spill of new data Wednesday sent oil futures slipping and sliding in opposite directions. So is Big Oil’s tank is half-full or half-empty?

2 min read
Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Markets

Yield on 10-Year Treasury Note Touches 18-Year High as Inflation Indicators Mount

On Tuesday, the overall yield on the US 10-Year Treasury Bond touched its highest intraday point, 4.699%, since last spring.

2 min read

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