On this day in 2000, the Nasdaq Composite stock market index peaked at 5132.52, thanks to investors who bid up dot.com shares to astronomically high prices. Those who didn’t take profits got a nasty surprise: the Nasdaq fell by more than 50 percent by year’s end.
And now….The Mash!
Fittingly, we begin on Wall Street, where big breweries’ stocks haven’t been doing well. According to SeekingAlpha.com, the only company whose shares are trading near their 52-week high is Kirin Holdings Company.
Congress is considering a bill that would cut taxes for small brewers. The bill’s supporters contend that lower taxes would enable breweries to expand production, add jobs, and attract more visitors.
Session IPA is popular, but opinions vary as to its definition. Draft magazine has published a scale which shows how much these IPAs vary in alcoholic strength and, especially, perceived bitterness.
A few years ago, Emily Hengstebeck and her friends partied together at beer festivals. Now employed by a brewery, she found herself on the other side of the table. She describes what it’s like.
More than 7,000 CraftBeer.com readers filled out a survey asking them what was their state’s favorite beer bar, and why they liked it. Without further ado, here are the winners in each state.
It’s still “Miller Time” in Chicago. According to BevSpot, Miller has a more than 8-percent market share in the Windy City, more than twice the brand’s market share nationwide.
Finally, a Virginia brewery will release a beer honoring Secretariat, the 1973 Triple Crown winner, at a birthday celebration this month. The horse was nicknamed “Big Red”; the beer is an imperial red India pale ale.
Seventy-five years ago today, Martin Kamen and Sam Ruben discovered carbon-14, a radioactive isotope. It’s the basis of the radio-carbon dating method that determines an object’s age. However, bartenders still have to use ID cards to determine the age of their customers.
And now…The Mash!
We begin in Barlioche, a Patagonian resort town that has become the craft beer capital of the Andes. It’s home to 15 breweries, which join forces for a beer festival in December.
Last weekend, more than 100 people played whiffle ball in the snow in a Milwaukee-area park. Leinenkugel Brewing Company hosted the tournament to promote its Summer Shandy.
Experts aren’t sure why this happens, but recipients spend more on beer when food stamps are distributed on the weekend—even though the stamps can’t be used to buy beer.
The Brew Kettle, a Cleveland-area brewery, is rolling out an ale for Cavaliers basketball fans. “All For One” session IPA will be available at the brewery and at Cavs’ home games.
Hellboy, the character created by comic-book artist Mike Mignola, turned 21, and Rogue Ales celebrated his big birthday by releasing Hand of Doom Red Ale. It sold out in a hurry.
This month’s “Session” asked beer bloggers the question “Festivals: Geek Gathering or Beer Dissemination?” Joan Villar-i-Martí, who blogs from Barcelona, has rounded up the best responses.
Finally, thousands of whiskey barrels have found their way to craft breweries. Now, Heavy Seas Brewing Company has returned the favor, sending its brewhouse tanks to a distillery.
On this day in 1856, Irish playwright George Bernard Shaw was born. Shaw was also a journalist, a co-founder of the London School of Economics, and the only person awarded both the Nobel Prize for Literature and an Academy Award, the latter for the film version of his play Pygmalion.
And now….The Mash!
We begin in Oxford, Mississippi, which may finally legalize the sale of cold beer. That could end a time-honored tradition: road trips to neighboring counties for a cold six-pack.
Speaking of cold beer, concession stands at Dodger Stadium are selling beer topped with ice-cold foam, which keeps the drink cold for half an hour.
North Korean leader Kim Jong-un is crying in his beer after his request for a Paulaner biergarten was turned down by the brewery.
The Monte Carlo, a casino on the Las Vegas Strip, sells $95 bottles of beer. The beer is La Trappe Isid’or, a pale ale created by Dutch monks in 2009 to celebrate their abbey’s 125th anniversary.
This year’s trend is session IPAs. Founders Brewing Company, best known for high-gravity stouts, announced that All Day IPA (4.5% ABV) has become its biggest seller.
Consumer alert: Big banks are jacking up the price of your six-pack by manipulating aluminum prices. How they do it is bizarre, and apparently legal.
Finally, Tim Marchman of Deadspin.com marks the passing of actor Dennis Farina by recalling a funny Old Style commercial in which Farina went to his local bar to drive off out-of-towners.