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PepsiCo Inc., Purchase, N.Y., reported results for the second quarter of its 2016 fiscal year.

Miami-based Southern Glazer's Wine and Spirits, LLC announced the completion of the business combination between Southern Wine & Spirits of America Inc., Miami, and Glazer's Inc., Dallas, forming Southern Glazer's. Southern and Glazer's announced Jan. 11 the signing of a definitive agreement to combine their businesses, the company says.

Chicago-based MillerCoors, the joint-venture between London-based SAB Miller plc and Denver-based Molson Coors Brewing Co., released its 2016 Sustainability Report, providing a comprehensive review of the company's 2015 efforts in the areas of alcohol responsibility, environmental stewardship and community investment.

New York-based Breakthru Beverage Group has acquired full ownership of Alliance Beverage Distributing Co. Alliance now will operate as Breakthru Beverage Arizona, joining the national distributor as the 14th state of the company’s U.S. operations, it says.

Danone, Paris, and The WhiteWave Foods Co., Denver, have entered into a definitive merger agreement under which Danone will acquire WhiteWave for $56.25 a share in an all-cash transaction, representing a total value of approximately $12.5 billion, including debt and certain other WhiteWave liabilities, the companies say.

Local vintners Jason and Janu Goelz of Silicon Valley’s Jason-Stephens Winery announced relocation plans for their tasting room and production facility from its current site on Watsonville Road to their new “The Stomping Ground” development, off Highway 101 in Gilroy.

One of my favorite singers Billy Joel sings “A New York State of Mind,” and I was in that same frame of mind during a recent business trip to the Big Apple. I hadn’t been to Manhattan in almost 30 years and marveled at how different it looked. Not only was Times Square considerably cleaner, but what stood out, literally, were the towering digital billboards that flashed advertising, promos for upcoming TV shows, events and movies and more.

A new study commissioned by the International Food Additives Council (IFAC) on carrageenan, a stabilizing ingredient that also is used to support texture and nutrients in many foods and beverages, demonstrated that the ingredient does not induce inflammation in human cells as claimed by carrageenan critics.  

Castle Brands Inc., New York, reported financial results for the first quarter of its 2017 fiscal calendar, which ended June 30, 2016. Among the highlights were that net sales increased 1.4 percent to $16.8 million for the first quarter of fiscal 2017.