"wall street journal" news and stories

Talk about a poor choice of words.

Yesterday morning, The Wall Street Journal's online "Deal Journal" ran this story entitled "Disaster Averted: Anheuser-Busch Deal Won't Raise Beer Tabs" discussing InBev's victory in a lawsuit (one of many) that sought to slow or stop the InBev takeover of Anheuser-Busch.

Timing-wise however, this report comes on the heals of Anheuser-Busch InBev's major announcement on Monday that the company will lay off about 1,400 employees in the U.S., primarily in the St. Louis area. You think those people feel like disaster was averted?

Come on, Deal Journal. I know sometimes in the fast-paced world of online journalism editorial slips are made, but not only is this headline insensitive, it's not even accurate. "Disaster averted" implies that some proverbial bullet was actively dodged. According to the post, the lawsuit simply posited that the lingering possibility that InBev might build U.S. breweries kept prices low. A judge rejected this unfounded theory, tossing out the lawsuit. That's not averting disaster: That's asserting there was no disaster to begin with.

But regardless, let's keep everything in perspective: Paying a few extra cents for beer is not a disaster. If this economy continues heading in the direction it's going though, we might find out what a disaster really looks like.

[Photo Credit: anheuserbusch.com]

Maybe you read about the fact that Campbell's Soup was the only stock on the S&P 500 that didn't fall that fateful day in late September, when the market tanked 700 points. This is like that. Only with recipes.

According to the Wall Street Journal (subscription required), publishers are betting big that cookbooks will continue to sell even as everyone tightens their wallets significantly. No surprise there. Eating out is one of the first luxuries people cut back on in tough times.

But publishers are hoping this turn of events will help them peddle product during the upcoming holiday shopping season, which is shaping up to look otherwise pretty unappetizing. They are releasing a clutch of new cookbooks from well-known names, including Paula Deen, Jacques Pepin and Jeff Henderson, figuring that as long as people are cooking more from home, they will buy a book of recipes from names they recognize from the Food Network.

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Last May, I was invited to a press tasting at one of my local Starbucks, to try out their new breakfast sandwiches and the warming program. Over the course of two hours, I tried four different sandwiches, a warm chocolate cookie and a bagel that had gone for a ride through the warming oven as well. The woman who was presenting was passionate about these sandwiches and her energy was infectious. By the time I left I was ready to eat my breakfast at Starbucks every day!

Of course, I didn't end up eating there every day (I think I've had just one breakfast sandwich from Starbucks since that morning) and as it has turned out, neither did most other Americans. Back in February, word broke that they will be phasing out the breakfast sandwiches come fall. And now, Denny Marie Post, the top executive in charge of food and beverages at the coffee giant has left the company. They haven't filled the slot yet and appear to be looking for someone who can come up with new food that will be tasty and compelling enough to drive flagging sales.

[via Consumerist]

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It all started when Julie Powell decided her life needed additional meaning and purpose. She opened up Julia Child's Mastering the Art of French Cooking, created a blog and, a book and movie deal later, the rest is history. She created a genre of blogging, in which people take on the entirety of a cookbook and blog/cook their way through its contents.

An article in today's Wall Street Journal, entitled, Latest Web Bloggers Give Cooking the Books a Whole New Meaning, Lee Gomes explores the crop of blogs that have sprouted up in the last few years that take on entire cookbooks. He calls this practice "cook-through" blogs and calls out several notable blogs that are currently cooking their way through volumes of recipes.

When it comes to this genre of food blogging, I've enjoyed reading Carol Blymire's French Laundry at Home and I'm excited to explore another site mentioned in the article, Ryan S. Adams' Nose to Tail at Home. I think part of the enjoyment comes from the fact that these blogs all me the vicarious thrill of this type of cooking, without the expense or clean up. How about the rest of you? Do you love cook-through blogs or hate 'em?

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I have to admit, college and I were not the best compadres. I worked full time while going to school and frankly what I was learning and the cost accrued from said learning never did appeal to me. Now that I am established and a little bored in my career of ten years, it would take something pretty exciting to make me hit the books again. Imagine my surprise when I opened the Wall Street Journal this morning and discovered this article about the wine making program at a small community college in Walla Walla, Washington. It's a hands-on program that teaches everything from tannins and terroir to winery Spanish! How great is that?!

While I may not be ready to strap on a new back pack just yet; I'm going to at least order a few of their wines and review them here on Slashfood. Would you like to be in my study group? ;-)

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