It’s the crush season across the country, but with the world wine market sluggish the last few years, many in the U.S. industry say they’re so backed up with unsold wine that they’re dropping grapes to the ground or not harvesting them at all.
Afternoon Brief, December 24
Australia's Treasury Wine Rises as Billionaire Goudet Buys Stake: Treasury Wine Estates Ltd.'s shares jumped about 7% in Sydney, the most since September 2024, after European billionaire Olivier Goudet emerged as a shareholder, offering a rare boost to the troubled...
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