August 29th, 2013
10:30 PM ET
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Fast food workers in 60 cities across the U.S. walked off the job Thursday as they protest for higher wages.

Workers from fast food giants McDonald's, Burger King, Wendy's and Yum Brands-owned KFC are calling on their employers to pay them a minimum of $15 an hour and allow them to form unions without retaliation.

Currently, the median pay for the fast food workers across the country is just over $9 an hour, or about $18,500 a year. That's roughly $4,500 lower than Census Bureau's poverty income threshold level of $23,000 for a family of four.

Yes, there exists such a thing as too much wine
July 16th, 2013
11:15 AM ET
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Look out American oenophiles. Roughly one million bottles of wine are about to be poured down the drain.

The Australian winemaker that crafts the popular Penfolds brand is dumping as much as $35 million AUS ($32 million) in wine in the United States.

Treasury Wine Estates says it's working to get rid of "excess, aged and deteriorating inventory" in the U.S. since it was unable to sell the wine as quickly as planned.

Cash-challenged France sells off government's wine stash
May 1st, 2013
10:45 AM ET
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The cash-strapped French government is getting ready to auction some of its fine wines in order to raise money and invest in more modest vintages.

The move comes as governments across Europe look to tighten their belts and tone down displays of lavish spending. Austerity budgets have squeezed living standards for many and left millions out of work.

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Filed under: Wine

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