Food & Drink

Topline While the Federal Reserve has made progress cooling the economy, there has still been “little convincing progress” in bringing down wage growth and high inflation, according to analysts at Goldman Sachs, who predict that it will remain difficult for the central bank to get surging prices under control without a recession. Key Facts Markets
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The restaurant industry’s recovery has somewhat stalled throughout the past several months, as the inflationary environment relentlessly lingers. But it’s not all bad news. Consumer demand for eating out remains strong and restaurants remain well-positioned as grocery costs trend higher. For some parts of the business, recovery continues to be in full swing. That is
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Share to Facebook Share to Twitter Share to Linkedin I’m back after my longest break from working in, well, my entire life, and feeling quite refreshed. How could I not after two weeks of organic juices, huge avocados and hikes to waterfalls and hot springs that start and end with climbing up trees to pick
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Cornwall is responsible for much of Britain’s food tourism. With a slew of super-coastal towns stretching over nearly 1,400 square miles, visitors have flocked to the county to indulge in fresh-caught fish, oysters, and more for decades. And that’s not even including the Cornish pasty. Somewhat bizarrely, however, this food-focused county has just three Michelin-starred
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The fitness energy drink producer expects to integrate over 200 of its independent U.S. distributors with PepsiCo’s PEP network, and further decentralize warehouses so as to be closer to its co-manufacturers in the face of inflationary and supply chain constraints, CEO John Fieldly recently told me during an exclusive interview. Celsius Holdings, which has taken
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Topline With the stock market rising significantly from its low point nearly two months ago, tech stocks appear to be back in vogue after being shunned by investors during the widespread selloff earlier this year, once again leading the market higher as investors snap up shares. Key Facts Though investors piled into defensive sectors—such as
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When LVMH purchased Scottish whisky distillery Glenmorangie in 2004, for a cool for £300 million ($362 million), it didn’t seem entirely in-line with the company’s portfolio. While the Moët Hennessy empire was already packed with many award-winning and respected liquids, Glenmorangie felt a tad, well, traditional, in comparison. And it showed in the numbers; profits
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In an attempt to stop the multitude of bootlegged gin operations, the Gin Act of 1751 outlawed small gin distilleries in London. This law remained in place until 2008 and in 2009 Sam Galsworthy launched Sipsmith, the first gin distillery to open in London since 1820. Since 2009, according to the Office for National Statistics,
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There isn’t a lot for scenery-obsessed backpackers to discover in Necoclí, a coastal Colombian settlement sitting humbly near the tip of Antioquia Department: here, violence and narcos-related crimes are still rampant, poverty runs deep across its population of 20,000, and the humidity level constantly at 100% throughout the year. Things have gotten increasingly out of
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