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☆ Spring training roundup: Pirates, O’s play unneeded bottom of 9th
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +5 min

Orioles catcher Maverick Handley called balls and strikes thrown by teammate right-hander Ofreidy Gomez during the half inning. The Pirates opened a 5-0 lead before the Orioles put up four runs across the fifth and sixth innings, thanks in part to Franchy Cordero's two-run home run. Kevin Pillar had a two-run homer and an RBI single to power the Braves' offense. Phillies 7, Blue Jays 2Trea Turner hit a two-run single and finished 2-for-3 with a run as host Philadelphia took care of Toronto in Clearwater, Fla. Jace Peterson cracked a three-run homer for the Athletics.

☆ Cactus League roundup: Padres hang 18 runs on Diamondbacks
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +1 min

[1/4] Feb 26, 2023; Peoria, Arizona, USA; Arizona Diamondbacks right fielder Pavin Smith (26) bats against the San Diego Padres during the third inning at Peoria Sports Complex. Mandatory Credit: Joe Camporeale-USA TODAY SportsFebruary 27 - The host San Diego Padres exploded for nine runs in the second inning en route to an 18-6 victory over the Arizona Diamondbacks on Sunday in Peoria, Ariz.Juan Soto went 3-for-4 and drove in five runs to headline San Diego's 20-hit effort, while Pavin Smith went 2-for-3 with a homer and a pair of RBIs for the Diamondbacks. Rangers 13, Guardians 4Corey Seager had a homer and three RBIs, and Texas struck for five runs (four earned) off Zach Plesac in a victory over host Cleveland in Goodyear, Ariz.Royals 8, Mariners 7Kansas City used a three-run sixth inning to take a lead it wouldn't relinquish, edging visiting Seattle in Surprise, Ariz.Dodgers 9, Cubs 4Hunter Feduccia went 2-for-3 with a home run and five RBIs to lift host Los Angeles over Chicago in Glendale, Ariz.Giants 7, Reds 6Will Wilson hit a walk-off RBI single in the bottom of the ninth as San Francisco rallied from a four-run, eighth-inning deficit to slide past visiting Cincinnati in Scottsdale, Ariz.Angels 7, White Sox 0Eight pitchers combined to throw a five-hitter as host Los Angeles blanked Chicago in Tempe, Ariz. Athletics 11, Brewers 4Ryan Noda and Shea Langeliers each went deep as visiting Oakland blew by Milwaukee in Phoenix. Rockies 12, Brewers 6Host Colorado brought up five runs in the seventh inning and tacked on four more in the eighth to tackle Milwaukee in Scottsdale, Ariz.--Field Level MediaOur Standards: The Thomson Reuters Trust Principles.

☆ Cactus League roundup: Seth Lugo leads Padres to win
▼ + stars: | 2023-02-26 | by ( ) www.reuters.com time to read: +2 min

Lugo hasn't started a major league game in the regular season since 2020 and has just 38 career starts. Trent Grisham went 2-for-3 and Aaron Brooks got the win for the Padres, as they held the White Sox to four hits. Athletics 12, Diamondbacks 7Kevin Smith went 2-for-3 with three RBIs and Jace Peterson drove in two as host Oakland beat Arizona in Mesa. McLain went 2-for-2. Brewers 7, Dodgers 4Garrett Mitchell hit two home runs and had four RBIs to lead host Milwaukee past Los Angeles in Phoenix.

☆ Molson Coors Told to Stop Saying Rivals’ Beer Tastes Like Water
▼ + stars: | 2023-02-23 | by ( Patrick Coffee | ) www.wsj.com time to read: +4 min

Brewer Anheuser-Busch InBev SA has scored at least a temporary win in the long-running battle over light beer brands’ marketing claims. BBB National Programs’ National Advertising Division, an ad-industry self-regulatory group, determined that Molson Coors Beverage Co. should stop marketing its light beer products by implying that those produced by rivals have little or no flavor. Molson Coors plans to appeal, according to Chief Communications Officer Adam Collins. A final decision in the Molson Coors case should come down next month, she said. In 2019, Molson Coors sued AB InBev over a Super Bowl campaign highlighting the fact that Miller Lite and Coors Light use corn syrup in the brewing process.

☆ Bill Gates, who's 'not a big beer drinker,' just bought a $902 million stake in Heineken
▼ + stars: | 2023-02-22 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Bill Gates bought a $902 million stake in Dutch brewery Heineken's parent company. The billionaire bought a $392 million stake in one of Mexico's largest brewers, Femsa, in 2007. He bought 6.65 million shares of the beer company directly, per the filing, and another 4.18 million shares through the Bill and Melinda Gates Foundation Trust. The Bill & Melinda Gates Foundation did not immediately respond to Insider's request for comment. Long before his Reddit post and the health study, Gates bought a $392 million stake in one of Mexico's largest brewers, Femsa, in 2007.

☆ NYSE trading glitch, tons of earnings, a Dow comeback — listen to 'The Homestretch'
▼ + stars: | 2023-01-24 | by ( ) www.cnbc.com time to read: +11 min

WHAT'S NEW, WHAT'S HAPPENEDSINCE THE MORNING MEETING. THERE WAS SOMETHING SO CRAZY,WE'VE BEEN TRYING TO GET TO THEBOTTOM OF IT, WHICH JEFF WASJUST IN COMPUTER FAILURE. DON'T KNOW EXACTLY WHO DID IT,BUT WE'VE GOT A LOT OF STOCKSTHAT WERE UP 10, DOWN 20. AND I THINK WHAT'S MOSTSIGNIFICANT RIGHT NOW IS THATTHE MIGHTY DOW HAS MADE ACOMEBACK FROM AN UGLY OPEN. I DO FEEL, HOWEVER, THAT THESTOCK IS NOT TO BE BOUGHT AHEADOF THE QUARTER, BECAUSE NOW ITSELLS AT 22 TIMES EARNINGS.

☆ Consumer Reports: Best Drip Coffee Makers of 2023
▼ + stars: | 2023-01-13 | by ( Daniel Wroclawski | Consumer Reports | ) www.nbcnews.com time to read: +8 min

There’s no shortage of drip coffee makers on the market today. Each drip coffee maker we rate brews roughly 65 cups by the time our engineers are through with it. Below you’ll find reviews of nine top-rated drip coffee makers, with prices from around $37 to $330. To see even more options, check out our full coffee maker ratings, which include not only drip coffee makers but also cold-brew coffee makers, espresso machines, and more. This drip coffee maker grinds whole coffee beans just before brewing.

☆ UBS downgrades Anheuser-Busch InBev to sell as drinkers continue to pick spirits over beer
▼ + stars: | 2023-01-12 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

A Covid-19 trend of drinkers flocking to spirits instead of beer is continuing to pressure brewers, making now a good time to sell shares of Anheuser-Busch InBev , according to UBS. The firm on Thursday downgraded shares of the beverage company to sell from neutral and slashed its price target to €53 from €57. "Our analysis suggests the beer category is unlikely to benefit from deceleration in premium and above spirits," said Oliver. Overall, UBS expects that Anheuser-Busch InBev will struggle to grow in 2023 and 2024 and face an additional currency exchange headwind in the latter year. Deutsche Bank on Thursday also downgraded shares of Anheuser-Busch InBev to hold from buy, saying that the company is still well-placed but is not "broadly fairly valued."

☆ New Zealand breweries see CO2 rationing as shortage hits
▼ + stars: | 2023-01-10 | by ( Lucy Craymer | ) www.reuters.com time to read: +2 min

REUTERS/Phil NobleJan 10 (Reuters) - New Zealand supplies of carbon dioxide (CO2), used to fizz drinks and in packaging and hospitals, are having to be rationed because of shortages following the closure of the country's only food-grade CO2 production facility. "We are working collaboratively with suppliers, customers and other industry stakeholders to manage the CO2 supply situation," it added. The rationing is the result of the shut down of a CO2 production facility on west coast of the North Island. To try to fill that gap, CO2 imports almost tripled last year, according to Statistics New Zealand data. ($1 = 1.5708 New Zealand dollars)Reporting by Lucy Craymer in Waipu, New Zealand; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

☆ A major beer maker says shoppers are finally balking at rising prices — and it could signal inflation's near its peak
▼ + stars: | 2023-01-07 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +3 min

Supply chain costs have driven up beer prices. The maker of Corona says customers have started to buy less beer where prices are highest. And for that reason, beer sales are a solid indicator of the state of the economy when inflation is in play. Other players in the beer supply chain, including the stores that sell Modelo and Corona, up their own prices to varying degrees on top of the wholesale price, Newlands explained Thursday. Some supply chain costs are coming down as imports and overall freight demand cool, but those will take time to hit the balance sheet, and then perhaps eventually the shelf.

☆ The Huge Number of Small Breweries Creates a Beer Glut
▼ + stars: | 2023-01-05 | by ( Mike Jordan | ) www.wsj.com time to read: 1 min

The long-building craft-beer boom is showing signs of slowing down. Craft beer’s popularity has risen nationwide for more than a decade, and breweries have become a calling card for up-and-coming neighborhoods and communities, giving residents and visitors new places to gather and enjoy a taste of their towns. But in 2023 the smallest number of new breweries in over a decade will open, the Colorado-based trade group Brewers Association predicts.

☆ Non-alcoholic beer to continue growing in 2023, Athletic Brewing Company CEO says
▼ + stars: | 2022-12-30 | by ( Ian Thomas | ) www.cnbc.com time to read: +1 min

But the CEO of one of the leading non-alcoholic beer companies said that the demand for non-alcoholic brews is booming well beyond a single month. "This is the moment we've been waiting for in the category," Bill Shufelt, Athletic Brewing CEO, said on CNBC's "Squawk Box "on Wednesday. Long a sleepy category within the broader industry of beer, non-alcoholic beer has seen its growth skyrocket in recent years as bigger beer giants like AB InBev and Heineken launch new products as well as the emergence of independent brewers like Athletic Brewing. The lack of quality non-alcoholic beer options was the impetus for Shufelt, a former trader at Steve Cohen's Point72 Asset Management, to start the Connecticut-based company in 2017, which solely focuses on non-alcoholic brewing. Shufelt said that non-alcoholic beers now make up more than 2% of all beer sold at U.S. grocery stores, and at some national chain retailers, it is upwards of 8% of their beer category.

SKIP AHEAD How to shop for cold brew coffee makers |Top-rated cold brew coffee makers | What is cold brew? If you’re thinking about becoming an at-home barista — or want to buy a cold brew maker as a gift for the coffee lover in your life — we spoke to coffee experts about how to make cold brew and rounded up top-rated cold brew coffee makers based on their guidance. How to shop for a cold brew coffee makerCold brew coffee makers “offer a way for coffee to brew by immersion, which means the coffee and water sit together for a period of time,” said Marco Suarez, CEO and CXO for Methodical Coffee in Greenville, South Carolina. Choosing the best cold brew coffee maker for you depends on your personal preferences. According to Holmquist, bottle brewers like the Takeya Cold Brew Coffee Maker have smaller grounds chambers that are tougher to scrub, while machines like the OXO Cold Brew Coffee Maker have larger chambers “that you can dump and rise out.”The best cold brew coffee makers to shop nowWith expert advice in mind, we highlighted the best cold brew coffee makers below across style and price points to help you find one that fits your needs.

☆ Kirin seeks more North American craft beer factories after strong growth
▼ + stars: | 2022-12-21 | by ( Miho Uranaka | ) www.reuters.com time to read: +3 min

REUTERS/Issei KatoTOKYO, Dec 21 (Reuters) - Kirin Holdings (2503.T), Japan's second-largest brewer, is looking to buy factory facilities in North America to maintain strong growth in the region's craft beer market, its chief executive said. Kirin has seen sales volumes in the North American craft beer market climb by double-digit percentage figures since acquiring Colorado-based New Belgium Brewing in 2019 and Bell's Brewery in Michigan in 2021. "Our craft beer business in North America is on a roll," CEO Yoshinori Isozaki said in an interview with Reuters on Tuesday. North American craft beer is also now the company's most profitable segment among global businesses that span everything from whisky to probiotic health drinks, he added, without disclosing profit margins. Kirin had craft beer sales of about 60 billion yen ($454 million) in the year ended in March, accounting for 3% of global sales.

☆ UK pubs call for beer duty freeze ahead of tough Christmas
▼ + stars: | 2022-11-12 | by ( ) www.reuters.com time to read: +2 min

Nov 12 (Reuters) - Britain's pubs want the government's help in keeping prices of a pint affordable this Christmas, as surging inflation is driving up costs for businesses and hampering consumers' purchasing power. The British Beer and Pub Association (BBPA), in a letter dated Nov. 11 to finance minister Jeremy Hunt, called on the government to bring back a freeze on beer duty in its budget announcement due on Nov. 17. "We need the beer duty freeze reinstated to alleviate at least some of the cost pressure on our pubs and brewers and to avoid undermining the crucial Alcohol Duty reform measures," Chief Executive of BBPA Emma McClarkin said in a statement on Saturday. The industry body warned that failing to introduce the beer duty freeze would take the tax to its highest ever for the sector, adding that a freeze would channel about 360 million pounds ($423.5 million) back into the industry. ($1 = 0.8500 pounds)Reporting by Amna Karimi and Muhammed Husain in Bengaluru; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

☆ Keurig Dr Pepper just invested $50 million in Athletic Brewing, the brand dominating the nonalcoholic beer sector. Here's how the founder started and grew his brewery after leaving the hedge-fund worl
▼ + stars: | 2022-11-09 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

The investment gives Keurig a minority position in the beverage startup, which controls over half of the $328.6 million nonalcoholic-beer market. He quit his position at Point72 Asset Management in 2017 and cofounded Athletic Brewing a year later with the head brewer John Walker. Athletic Brewing now controls 45% of the non-alcoholic craft beer market. Athletic Brewing said it distinguishes itself from big beer brewers by being the only brewery in the country dedicated solely to nonalcoholic craft beer. The restaurateur Danny Meyer and Chang serve Athletic Brewing in Eleven Madison Park, Gramercy Tavern, The Modern, and Momofuku Ko.

☆ Hops Dealer Tom Gimbel Supplied Brewers Around the World
▼ + stars: | 2022-10-30 | by ( James R. Hagerty | ) www.wsj.com time to read: 1 min

When Louis S. “Tom” Gimbel III was a boy, his father’s side of the family ran the Gimbels department-store chain, including a huge store at Herald Square in Manhattan. His mother’s family brewed Rheingold beer and traded in hops. After graduating from Yale and serving in the Air Force, Mr. Gimbel chose hops over retailing. He joined the family’s S.S. Steiner Inc. in the 1950s, took a crash course in brewing, moved into sales and by the late 1960s, was running the company with his younger brother, Stinor. He later bought his brother’s stake and ran the company on his own.

☆ Budweiser Flows Freely, But There Are Sputters Ahead
▼ + stars: | 2022-10-27 | by ( Carol Ryan | ) www.wsj.com time to read: 1 min

Having forged a reputation as a deal maker, the world’s biggest brewer is doing a better job with the brands it already owns. It has less control over rising interest rates and a restless top shareholder, however. Anheuser-Busch InBev the brewing giant behind Budweiser and Stella Artois, said Thursday that sales for the three months through September increased by 12.1% versus the comparable period of 2021. The company’s main rivals also reported healthy numbers this week: Carlsberg grew sales by 11.6%, while Heineken managed 19.8%. Although most of the brewers’ growth came from raising prices to make up for cost inflation, all three also sold more beer than a year ago.

☆ AB InBev raises 2022 outlook as beer sales accelerate
▼ + stars: | 2022-10-27 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +3 min

SummarySummary Companies Q3 core profit up 6.5% vs market consensus 5.2%AB InBev says beer market resilientHeineken, Carlsberg voice concerns over European consumersBRUSSELS, Oct 27 (Reuters) - Anheuser-Busch InBev (ABI.BR), the world's largest brewer, reported higher-than-expected quarterly earnings on Thursday as beer sales accelerated, and raised its 2022 outlook to the top-end of its previous forecast range. Third-quarter core profit - earnings before interest, tax, depreciation and amortisation - rose 6.5% on a like-for-like basis to $5.31 billion, above the 5.2% climb forecast by analysts in a company-compiled poll. The company said it now expects its core profit to rise by between 6% and 8%. EUROPEAN CONSUMER PINCHAB InBev's largest rivals, far more reliant on Europe, gave a more cautious view of the beer market. For it and Heineken, Europe represented at least 50% of their third-quarter business, against less than 15% for AB InBev.

☆ Heineken cautious as Europe's beer drinking starts to slow
▼ + stars: | 2022-10-26 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +2 min

The maker of Europe's top-selling beer Heineken, along with Sol and Tiger lagers said beer volumes rose by 8.9% on a like-for-like basis in the third quarter, with the strongest increase in Asia, but compared with the 12.0% average market expectation. RBC Capital Markets, which has an 'underperform' rating for Heineken, said Europe's 1.3% sales increase clearly missed expectations. Heineken reported a 68% increase in its beer sales in the Asia-Pacific region in the July-Sept period, a year on from COVID-19 lockdowns, notably in its main Asian market Vietnam. Unlike in other regions, beer sales in Europe remain below 2019 levels. Heineken said pressure on disposable income was in part to blame for a decline in sales in Nigeria, although its premium beer sales rose by more than a third.

☆ MLB roundup: Cardinals, Yankees clinch division titles
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +9 min

Yankees right-hander Jameson Taillon (14-5) allowed two runs and seven hits in 7 1/3 innings. Brian Anderson had three hits and scored two runs for the Marlins, and Jacob Stallings hit a two-run single. Casas, who finished 3-for-4, clobbered a two-run homer in the second inning. Hunter Dozier hit a two-run homer for the Royals, who got two hits from Michael A. Taylor. Altuve went 3-for-4 with four runs, and Hensley contributed an RBI single and a two-run homer.

☆ Jim Koch used 2 strategies when creating Samuel Adams 38 years ago. Here's what other entrepreneurs can learn from the $4 billion company's founder.
▼ + stars: | 2022-09-27 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

Jim Koch founded the Boston Beer Company, the maker of Samuel Adams, in 1984. The bottle is a Samuel Adams, a mainstay on shelves alongside American beer brands like Budweiser and Miller. The Boston Beer Company, which he founded in 1984, now owns Angry Orchard, Truly Hard Seltzer, and Twisted Tea. The billionaire founder and brewmaster said the strategies that made him successful 38 years ago are the same ones that continue to improve Samuel Adams beer today. "In my mind, there is a perfect Sam Adams Boston Lager.

☆ MLB roundup: Guardians clinch AL Central title for first time since 2018
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +13 min

Hunter Dozier capped the Royals' scoring with an RBI single to make it 13-11 following Ryan O'Hearn's two-run double. Astros 6, Orioles 3 (11 innings)Christian Vazquez's two-run single capped a four-run 11th inning and visiting Houston defeated Baltimore. Jeimer Candelario followed Schoop's RBI single with a run-scoring single of his own. The White Sox's loss allowed the Cleveland Guardians to clinch their first American League Central title since 2018. Yadier Molina had an RBI single for the NL Central-leading Cardinals, who dropped consecutive games to the Dodgers after winning Friday.

☆ MLB roundup: Brewers' Kolten Wong swats 3 HRs vs. Reds
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +8 min

Sep 22, 2022; Cincinnati, Ohio, USA; Milwaukee Brewers second baseman Kolten Wong (16) hits a two-run home run in the second inning against the Cincinnati Reds at Great American Ball Park. Aaron Judge remained stuck at 60 homers, walking three times and reaching base for the 21st straight game. The Braves, who lost their second straight game, fell 1 1/2 games back of the idle New York Mets in the National League East. Cubs 3, Pirates 2Michael Hermosillo's RBI single in the seventh inning provided the deciding run and rookie Hayden Wesneski pitched an immaculate inning visiting Chicago downed Pittsburgh. Bobby Witt Jr. recorded his third straight multi-hit performance and Salvador Perez drove in a run for the seventh straight game for the Royals.

☆ Mets set unwanted record after 106th batter hit by pitch
▼ + stars: | 2022-09-22 | by ( ) www.reuters.com time to read: +1 min

Sep 21, 2022; Milwaukee, Wisconsin, USA; Milwaukee Brewers bullpen catcher Adam Weisenburger (62) delivers a pitch against the Milwaukee Brewers in the seventh inning at American Family Field. Michael McLoone-USA TODAY SportsRegister now for FREE unlimited access to Reuters.com RegisterNEW YORK, Sept 21 (Reuters) - The New York Mets saw a modern era record 106th batter hit by a pitch in Wednesday's 6-0 loss to the Milwaukee Brewers. Mets manager Buck Showalter stood shaking his head after Guillorme was hit and then took possession of the ball. Register now for FREE unlimited access to Reuters.com Register"It would be obscene to tell you what I'm going to do with it," a frustrated Showalter told reporters. Register now for FREE unlimited access to Reuters.com RegisterReporting by Amy Tennery in New York; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

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