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...seen 100,000 acres culled in the past five years. But the premium end of that market--wines costing $25 a bottle and up--is on a tear, with sales growth averaging more than 30% over the past three years. Bill Stevens, wine-division manager at Silicon Valley Bank, expects pricey wine to continue to grow at a double-digit pace, with grape shortages in all premium areas except Merlot...
...property appraiser in Fresno, Calif. Flush boomers are fueling demand, but their kids are guzzling wine at twice the rate of previous generations. So, by 2010, the U.S. will be drinking 3.8 billion bottles annually, making it the largest wine consumer in the world, predicts Silicon Valley Bank...
Chiki E. Gupta ’08, for instance, is weighing offers from an investment bank and a hedge fund. But she says she never touched the “eRecruiting” Web site this fall...
...coalition, and some religious leaders vowed to mobilize mass protests. But the difficulties that the Israelis will face in even discussing the sharing of Jerusalem - a Palestinian bottom line - were only one factor complicating Rice's mission. In the same week, the Israeli army announced it had seized West Bank land just east of Jerusalem, giving the impression that it intended to restart a controversial plan to massively expand an already sizable Israeli settlement bloc in the West Bank. Naturally, the announcement was taken as a provocation by the Palestinians, and it was compounded by word that repair work would...
...sure that the conference will take place because the Palestinian-Israeli differences are very deep," a Palestinian negotiator told TIME. He claims the Americans are not living up to previous assurances that there would a specific document, that some West Bank checkpoints would be lifted, and that settlement construction would be frozen, at least temporarily, to give Abbas political cover. (A State Department spokesman tells TIME that "Rice is considering a broad range of issues, including settlements," and that "the U.S. urges all parties to avoid actions that might prejudice final status negotiations...