The booming, bourbon-driven barrel business
When it comes to wine and whiskey – especially bourbon – the oak barrel reigns, not just as a container, but also for the magic that the wood gives to the whiskey.
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When it comes to wine and whiskey – especially bourbon – the oak barrel reigns, not just as a container, but also for the magic that the wood gives to the whiskey.
Trump hit Europe with 20% tariffs, but a Virginia wholesaler says Americans could see 30% price hikes on some wines, and even U.S. producers face higher costs.
Wooden barrels are crucial for bourbon, where they serve as not just a container, but also as a key flavoring agent.
The U.S. tariff war with Canada and the European Union has opened a new front in the fight -- a battle over bourbon. Nicole Valdes reports that distillers in Tennessee are worried increased taxes on their international shipments could dry up their liquor sales.
In response to the steel and aluminum tariffs, the European Union said last week that it would place levies on $28 billion worth of American goods, including beef, poultry, bourbon, jeans and peanut butter, starting April 1. President Trump said that if the EU enacts those tariffs, he will respond by imposing a 200% retaliatory tariff on all European wine and Champagne. Andrew Rockwell, production winemaker at Sparkling Pointe, joins "The Daily Report" to discuss.
Tariff trouble around the world could hit your local bar. On Thursday, President Donald Trump threatened to place a 200% tariff on some alcoholic products from the European Union after they issued a 50% tariff on all American whiskey. THe U.S. has already issued 25% tariffs on Canada and Mexico. Now, the makers and buyers of some beloved drinks are now drowning in questions.
President Trump's trade battle with Canada is taking hold on U.S. alcohol suppliers. Last week, Canada imposed a 25% tariff on several U.S. products, including wine. That was in response to new tariffs from the U.S., some of which were later paused until April 2. Benjamin Aneff, president of the U.S. Wine Trade Alliance and a managing partner at Tribeca Wine Merchants, joins "The Daily Report" to discuss the impact.
President Trump's 25% tariffs on all imported steel and aluminum have taken effect. Victor Yarbrough, CEO of Brough Brothers Distillery, the first African American-owned distillery in Kentucky, joins "The Daily Report" to discuss the impact.
Clinical psychologist Lisa Damour, author of "The Emotional Lives of Teenagers," shares advice for parents.
A new study in the journal "Addictive Behaviors" suggests that parents who allow their teens to drink at home—even just a taste—may be increasing their risk of heavy drinking and alcohol-related issues later in life. Clinical psychologist Lisa Damour, author of "The Emotional Lives of Teenagers," joins to discuss the best ways to talk to kids about alcohol.
The head of the Canadian province of Ontario is threatening to cut off electricity exports to the U.S. CBS News correspondent Shanelle Kaul spoke with Premier Doug Ford on Wednesday.
Poisonings are relatively common in Turkey, where clandestine production is widespread and bootleg alcohol is often tainted with methanol.
Greta Marie Otteson, 33, was discovered by staff dead on a bed in a first-floor room and her fiance, Els Arno Quinton, 36, was found dead on a bed in another room, the BBC reported.
Nearly a third of Americans plan to participate in Dry January this month. The annual non-drinking ritual kicked off around the same time as the surgeon general issued an advisory about alcohol's link to cancer. The movement is especially popular with younger Americans and is part of a growing mindset aimed at re-thinking relationships with alcohol year-round.
While a new report from the American Cancer Society showed an overall drop in U.S. cancer deaths, it also highlighted an uptick in the number of young women being diagnosed with the disease. Dr. Larry Norton, breast medical oncologist at the Memorial Sloan Kettering Cancer Center, joins "The Daily Report" to discuss.
At least 43 others were hospitalized, Turkish officials said, with 32 of them in intensive care.
The death risk goes up to 1 in 100 for those who drink alcohol nine times per week, the report found.
Pete Hegseth faced intense questioning from the Senate Armed Services Committee as he vies for the secretary of defense post in President-elect Donald Trump's Cabinet. CBS News' Taurean Small and Nikole Killion report.
Sen. Mark Kelly (D-Arizona) asked Pete Hegseth during his Senate confirmation hearing for the secretary of defense post about multiple instances involving his apparent drunken conduct during work functions. Hegseth said the allegations are part of an anonymous campaign to smear his name.
The U.S. Surgeon General has called for new warning labels on alcoholic beverages that warn of a link between drinking and cancer. The announcement sent shares of alcohol stocks tumbling, but such labels are still a long way off, especially with the change in presidential administrations just two weeks away. Here's what to know about the warning.
In Dry January, people choose to give up alcohol for the month, but what happens if they have a drink? Here's what an expert says.
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.
Priscilla Martinez, deputy scientific director of the Alcohol Research Group, discusses how drinking patterns influence health and behavior.
The U.S. surgeon general is calling for cancer warning labels for beverages with alcohol, similar to the ones seen on cigarette packs. CBS News medical contributor Dr. Celine Gounder explains what to know.
Dr. Vivek Murthy issued an advisory Friday about alcohol and cancer risk and called for changes to beverage warning labels.
As the Trump administration says it's winning the war with Iran, Tehran hits 3 ships near the Strait of Hormuz, and Dubai airport, and warns banks are next.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
Rank-and-file career prosecutors in the Justice Department's Civil Rights Division cases are not involved in investigating Alex Pretti's shooting death by federal agents, CBS News has learned, in a stark departure from historical practice.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
Latino voters helped propel record turnout in last week's Texas Democratic primary, a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state's Senate contest.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
An image of the sighting showed the massive bear standing over the carcass near Yellowstone Lake.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
A vehicle crashed into a barricade near the White House on Wednesday morning, authorities said.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
Latino voters helped propel record turnout in last week's Texas Democratic primary, a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state's Senate contest.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
As the Trump administration says it's winning the war with Iran, Tehran hits 3 ships near the Strait of Hormuz, and Dubai airport, and warns banks are next.
Australian officials say six of seven members of the Iranian women's soccer team who were granted asylum are staying but the seventh has changed her mind and will return home.
Police are investigating after a fire on a regional bus in Kerzers, west of Switzerland's capital, killed at least six people.
Kurt Russell, who stars in "The Madison," spoke to "CBS Mornings" about the series, explaining the script "was so familiar" and that he related to it. Russell praised creator Taylor Sheridan, who was also behind the popular series "Yellowstone," and discussed what it was like to work with Michelle Pfeiffer again decades later.
Watch scenes from the performances nominated for best actor at the 98th annual Academy Awards, as well as interviews with the nominees.
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
American tap dancer Brenda Bufalino talks to CBS News chief medical correspondent Jon LaPook about the many ebbs and flows of the art form and reflects on her career.
Michelle Pfeiffer talks with "CBS Mornings" about starring alongside Kurt Russell in "The Madison." She describes how she decided to take on the character and explains after decades in the entertainment industry why she still gets nervous in new roles.
AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement and human labor. Jo Ling Kent reports.
CBS News exclusively obtained a Pentagon memo from earlier this month that went out to several senior defense leaders and commanders. It ordered the removal of Anthropic's AI technology from key national systems. Jo Ling Kent reports.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
New video has emerged of fuses being bought at a Pennsylvania fireworks store by one of the suspects accused of throwing explosive devices outside the New York City mayoral residence. CBS News national correspondent Jericka Duncan has more.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
New York City police have given the all clear after concluding a suspicious package found near Gracie Mansion, the official residence of Mayor Zohran Mamdani, was harmless.
Shots were fired outside of the U.S. consulate in Toronto, Canada, early Tuesday morning, police said. CBS News' Shanelle Kaul has more.
There is a heavy police presence near New York City's Gracie Mansion, the official residence of New York City Mayor Zohran Mamdani, as officials investigate a suspicious package found in the area. CBS News' Shanelle Kaul has more.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
ENCORE: When a woman disappears, her children are certain she's been murdered. But without a body, they know it will be hard to get justice. "48 Hours" correspondent Erin Moriarty reports Saturday, March 14 at 9/8c on CBS and streaming on Paramount+.
Three ships in the Persian Gulf reported a hit from suspected Iranian drones. It comes as the U.S. steps up attacks on the Iranian navy and both sides fight to control the Strait of Hormuz, a key waterway for global oil supplies. Matt Gutman has the latest.
Flavor Flav, a sponsor and the official hype man of the USA bobsled and skeleton teams, is honoring all of the female Olympians and Paralympians who won a medal at the 2026 Winter Games. He and Olympic gold medalist Elana Meyers Taylor discuss pushing women's sports to the forefront.
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Kurt Russell, who stars in "The Madison," spoke to "CBS Mornings" about the series, explaining the script "was so familiar" and that he related to it. Russell praised creator Taylor Sheridan, who was also behind the popular series "Yellowstone," and discussed what it was like to work with Michelle Pfeiffer again decades later.