Winemakers Turn to MIT to Save Pinot Noir in Warming Temperatures

Winemakers Turn to MIT to Save Pinot Noir in Warming Temperatures

Biochemical engineer Jean-Francois Hamel has discovered the secrets to how natural yeasts affect flavors and alcohol levels in wine—and why they can help combat the potential effects of climate change. By. Elin McCoy. More stories by Elin McCoy. January 23, 2018, 11:53 AM PST. From.
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Trudeau Urges Business to Hire More Women, Tackle Harassment

Trudeau gestures while speaking during a special session on the opening day of the World Economic Forum in Davos on Jan. 23, 2018. Photographer: Jason Alden/Bloomberg. Canada's prime minister said businesses should hire more women and clean up systemic sexual harassment in a speech at
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Sounding the alarm: Mortgage wire fraud is a much bigger threat than you realize

Fraud is one of those issues that we don't like to think about in the mortgage industry. Yet it always seems to be there, lingering on the fringe of our focus. From time to time, the topic bubbles up in the news or at a convention. We talk about it a bit, giving it the proverbial “15 minutes of fame.” But rarely are
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Town Bank to move commercial banking downtown

The office is to be called Wintrust Commercial Banking at Town Bank, referring to the bank's Chicago-based parent company while retaining its local branding. It will occupy a total of 20,000 square feet on the first and second floors of the nine-story, 108,000-square-foot building. Town Bank plans to
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First Idaho Title acquired by First American Title

First Idaho Title, of Montpelier, has been acquired by Title Financial Corp., based in Blackfoot. First Idaho Title will operate under TFC's Idaho subsidiary company, First American Title Company, Inc. and will continue to provide title and escrow services in Bear Lake County, the company said. The First
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Why self-made billionaire Tilman Fertitta plans on leaving his entire fortune to his children

While some billionaires, including Warren Buffett and Bill Gates, have pledged to give most of their vast fortunes to charity instead of their kids, self-made billionaire and host of CNBC's “Billion Dollar Buyer” Tilman Fertitta doesn't anticipate doing the same. “I look at things totally differently,” he tells CNBC
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Can a Government Introduce a Cryptocurrency? Estonia Says Maybe

Estonia's prime minister urged caution but didn't rule out a controversial idea to create a crypto-currency in the eastern European country where Skype was born. Premier Juri Ratas echoed concerns voiced by the central bank and other regulators, who fret that reports about the potential project, dubbed
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Davos Elite Doubles Down on Globalization Ahead of Trump's Visit

“We can learn from history that protectionism doesn't work in the end,” Deutsche Post CEO Frank Appel told Bloomberg News. “It makes the country that puts the tariffs up more expensive and it will not protect employment in that country. Protectionism never has paid off in the long run. Global trade is not
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Housing Market: All Indicators Point to Robust Growth

… gave an overview of the home market size, originations, securitizations, credit availability and originator profitability, along with indicators on housing availability, first-time homebuyers, home price indices, delinquency and the Government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac.
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BlackRock Boosted Staff Bonuses Last Year After 2016 Cut

BlackRock Inc., the world's largest asset manager, boosted annual employee bonuses last year after a stinging 2016 when incentive pay was cut. Overall, the firm's bonus pool increase was in the high single digits, in the range of about 8 percent to 9 percent, and BlackRock put a greater focus on
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SoFi's New CEO Inherits Brand Hurt by Sexual Harassment Scandal

Anthony Noto is finally getting his dream job, but he'll be diving headlong into a company that was almost undone last year by management turmoil and fallout from accusations of sexual harassment. The former Twitter Inc. COO will be filling a leadership vacuum at the San Francisco-based SoFi Inc. that
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Germany's Far Right to Lead Budget Committee With Euro-Skeptic

Germany's nationalist AfD party claimed the chairmanship of parliament's budget committee and named a euro-skeptic to head the key panel in the Bundestag. Peter Boehringer, 48, was nominated by his Alternative for Germany's caucus on Tuesday in keeping with a tradition that the biggest opposition
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Open Banking: what you need to know

The UK's large banks have resources to invest in digital services, but the question is who will truly harness the opportunity of Open Banking over the next few years? There will be winners and losers as banks and a growing number of challengers define their strategies. Right now, this includes building,
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Missing From Mueller's Interview of Sessions: A Criminal Lawyer

When Attorney General Jeff Sessions was called in for an interview last week with the special counsel investigating Russian election interference, he turned to a friend and fellow Alabama lawyer to accompany him. The lawyer, Chuck Cooper, worked in the Reagan Justice Department and is well-known
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Apartment market trends and transactions

Avison Young released its annual commercial real estate forecast earlier this month and predicts change and opportunity will abound in 2018. According to the report, Canada's commercial real estate sector continues to possess varying, but largely healthy, property market fundamentals across the
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Jose Cuervo Investors May Be Too Giddy Over Bacardi-Patron Deal

Bacardi's purchase of Patron for $5.1 billion sent shares of the Jose Cuervo-maker, Becle SAB, to a near-record high. The hefty price tag on the Patron deal suggested to some that the market had been substantially undervaluing Cuervo's tequila. The Bacardi-Patron deal implies an enterprise value of
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The off-plan impact on Dubai real estate

“Buyers have been attracted away from older, second-hand properties with modern specification, lower price points, attractive payment plans and hoped-for appreciation during the pre-handover build period,” explains Declan King, managing director and group head real estate, ValuStrat. “This trend is
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Opinion: Let's get real on real estate affordability studies

It's that time of year again – the time when Demographia trots out its annual affordability report, again announcing Vancouver is in the top three least-affordable real estate markets in the world (see our report here). The study compares local incomes with local home prices, and by that measure our city
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loanDepot Expanding Further into Consumer Lending with Home Improvement Loans

Most people know loanDepot as one of the largest non-bank lenders. It was almost a year ago now that we covered the fact that they had crossed the $100 billion mark in mortgage originations. The company first started originating loans in 2010 and subsequently expanded into personal loans.
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AT&T Latest to Abandon USA Gymnastics After Sex Abuse Scandal

Larry Nassar appears in court after being accused of molesting about 100 girls while he was a physician for USA Gymnastics and Michigan State University, where he had his sports-medicine practice on Jan. 16, 2018 in Lansing, Michigan. Photographer: Scott Olson/Getty Images. As more details have
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