Cellar Of Legendary Entrepreneur To Be Auctioned

Sotheby’s will be auctioning a collection of fine wines from the estate of the late Jerry Perenchio in Hong Kong and New York City this spring. The sale of this varied and impressive collection will benefit the Perenchio Foundation, an initiative to fund visual and performing arts in his native Los Angeles. Perenchio, who isn’t a household name due to his avoidance of the press, is nonetheless famous vicariously through his many entertainment and artistic productions, including the films, Blade Runner and Driving Miss Daisy, and his promotion of several well-known sporting events.

Read more at The Drinks Business

Follow us on social media for the latest updates in B2B!


China Chip Controls manufacturing plant
Biden Nears Win as Japan, Dutch Back China Chip Controls
January 29, 2023

For more on the West’s race to implement China chip controls, read Bloomberg’s explainer on the computer chip “arms race.” (Bloomberg) — Japan and the Netherlands are poised to join the US in limiting China’s access to advanced semiconductor machinery, forging a powerful alliance that will undercut Beijing’s ambitions to build its own domestic […]

Read More
NYSE Mayhem Traced to a Staffer Who Left a Backup System Running
January 28, 2023

(Bloomberg) — More than 700 miles from Wall Street, the New York Stock Exchange’s backup data center on Cermak Road in Chicago is supposed to safeguard US markets, standing by at all hours in case disaster ever strikes the world’s largest venue for trading shares. When markets are closed, it participates in a well-worn routine, […]

Read More
California storms farmers
California Storms Have Farmers Rushing to Avoid Crop Shortfall
January 28, 2023

(Bloomberg) — California farmers are facing costly damages from weeks of severe California storms that may trigger more expensive US fruits and vegetables in a time of massive food inflation. “The numbers are going to be somewhere in the hundreds of millions and perhaps in the billions,” Dave Puglia, head of the trade group Western […]

Read More