America's Latest Achievement Is Something to Wine About

The U.S. beat out France for top spot in wine consumption for 2013.
1:45 | 05/14/14

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Transcript for America's Latest Achievement Is Something to Wine About
And America this morning continues now with the America's money. Well these are boom times for wine makers and sellers across America and that's because for the first time ever the US has become the world's biggest wine market. Consumption rose slightly here last year while falling nearly 7% in France which dropped into second place. If you're going to check the progress of your 401K today you'll probably like what you -- that's because the Dow closed at a new record high yesterday while the S&P 500. -- the 19100 mark for the first time before pulling back the NASDAQ was the only major average to lose ground out. And the red ink continues at Sony the Japanese electronics giant reported a loss of just over a billion dollars for the latest quarter. The Wall Street Journal says top executives will take a 50% pay cut and forgo their -- All right we'll if you thought you had a rough time traveling by air in the first quarter of the year the government says you were alone new numbers show more than 64000. Flights during that time frame were canceled. That is the most in twenty years better luck next year. All right meantime student loan giant Sallie Mae has agreed to pay nearly a hundred million dollars in fines to federal regulators. That money goes to settle out allegations that Sallie Mae was charging military members with excessive interest rates the troops could get that money back. And FaceBook founder Mark Zuckerberg is making another milestone marking rather or another milestone -- celebrating his thirtieth birthday. That's right the Harvard drop out is one of the U richest people in the world with a reported net worth of 31 billion dollars. That by the way is more than a billion bucks for each candle on his case.

This transcript has been automatically generated and may not be 100% accurate.

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