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  • Brown-Forman plans distillery in Louisville Thursday, 25 Sep 2014 | 12:08 PM ET

    LOUISVILLE, Ky.— Spirits maker Brown-Forman Corp. is returning to its roots to build a distillery to produce Old Forester bourbon, its founding brand. "As demand for high-quality bourbon continues to increase, the Old Forester Distillery will enable us to expand capacity," Brown-Forman CEO Paul Varga said in a statement.

  • University launches beer-making program Wednesday, 24 Sep 2014 | 3:03 PM ET

    Central Michigan University in Mount Pleasant this week announced plans to launch the program in fall 2015, aimed particularly at supporting and boosting the state's fast-growing craft brewing industry, now a $1 billion- plus annual business.

  • Universal Music sues Monster over Beastie Boys music Wednesday, 24 Sep 2014 | 2:38 PM ET

    NEW YORK, Sept 24- Two Universal Music Group units sued Monster Beverage Corp on Wednesday for using music co-owned by the Beastie Boys in a promotional video, accusing the energy drink maker of copyright infringement.

  • AP Top Extended Financial Headlines At 2:45 a.m. EDT Wednesday, 24 Sep 2014 | 2:45 AM ET

    GM says China sales this year expected to top 3.1 million, Cadillac sales of 70,000 US, California release plan seeking to minimize desert damage from big solar, wind projects Asian stock markets tempered by weak Europe data, Wall Street slide Political turmoil, military conflict fail to boost price of oil as supplies remain plenty World Trade Organization cuts global trade growth forecasts for this year and next $8 billion proposal aims to send Wyoming wind energy to Los Angeles area within a decade Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Citizens Financial raises about $3 billion in IPO at $21.50 a share, below the expected range Companies pursuing overseas tax dodge stung as US attempts to curb the practice New Zealand dairy giant Fonterra posts record revenue but cuts payout forecast amid volatility

  • AP Top Extended Financial Headlines At 2:05 a.m. EDT Wednesday, 24 Sep 2014 | 2:05 AM ET

    US, California release plan seeking to minimize desert damage from big solar, wind projects Asian stock markets tempered by weak Europe data, Wall Street slide Political turmoil, military conflict fail to boost price of oil as supplies remain plenty World Trade Organization cuts global trade growth forecasts for this year and next $8 billion proposal aims to send Wyoming wind energy to Los Angeles area within a decade Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Citizens Financial raises about $3 billion in IPO at $21.50 a share, below the expected range Companies pursuing overseas tax dodge stung as US attempts to curb the practice New Zealand dairy giant Fonterra posts record revenue but cuts payout forecast amid volatility Amazon to begin collecting sales tax from Minnesota customers starting Oct. 1

  • AP Top Extended Financial Headlines At 11:33 p.m. EDT Tuesday, 23 Sep 2014 | 11:33 PM ET

    US, California release plan seeking to minimize desert damage from big solar, wind projects Asian stock markets tempered by weak Europe data, Wall Street slide Political turmoil, military conflict fail to boost price of oil as supplies remain plenty World Trade Organization cuts global trade growth forecasts for this year and next $8 billion proposal aims to send Wyoming wind energy to Los Angeles area within a decade Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Citizens Financial raises about $3 billion in IPO at $21.50 a share, below the expected range Companies pursuing overseas tax dodge stung as US attempts to curb the practice New Zealand dairy giant Fonterra posts record revenue but cuts payout forecast amid volatility Amazon to begin collecting sales tax from Minnesota customers starting Oct. 1

  • AP Top Extended Financial Headlines At 9:06 p.m. EDT Tuesday, 23 Sep 2014 | 9:06 PM ET

    US, California release plan seeking to minimize desert damage from big solar, wind projects Global stock markets fall as stagnation in Europe, airstrikes in Syria worry investors Political turmoil, military conflict fail to boost price of oil as supplies remain plenty World Trade Organization cuts global trade growth forecasts for this year and next $8 billion proposal aims to send Wyoming wind energy to Los Angeles area within a decade Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Citizens Financial raises about $3 billion in IPO at $21.50 a share, below the expected range Companies pursuing overseas tax dodge stung as US attempts to curb the practice New Zealand dairy giant Fonterra posts record revenue but cuts payout forecast amid volatility Amazon to begin collecting sales tax from Minnesota customers starting Oct. 1

  • AP Top Extended Financial Headlines At 8:34 p.m. EDT Tuesday, 23 Sep 2014 | 8:34 PM ET

    US, California release plan seeking to minimize desert damage from big solar, wind projects Global stock markets fall as stagnation in Europe, airstrikes in Syria worry investors Political turmoil, military conflict fail to boost price of oil as supplies remain plenty World Trade Organization cuts global trade growth forecasts for this year and next $8 billion proposal aims to send Wyoming wind energy to Los Angeles area within a decade Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Citizens Financial raises about $3 billion in IPO at $21.50 a share, below the expected range Companies pursuing overseas tax dodge stung as US attempts to curb the practice New Zealand dairy giant Fonterra posts record revenue but cuts payout forecast amid volatility Amazon to begin collecting sales tax from Minnesota customers starting Oct. 1

  • Fonterra posts revenue jump; cuts forecast payout Tuesday, 23 Sep 2014 | 8:34 PM ET

    WELLINGTON, New Zealand— New Zealand dairy giant Fonterra posted record revenue Wednesday but signaled a tougher year ahead for farmers by cutting its projected payout to them. In a presentation Wednesday, Fonterra said the drop was caused by increased production in Europe and the U.S. coupled with slowing growth in demand from China.

  • WINNIPEG, Manitoba, Sept 22- Beer prices in North America may rise next year as brewers and maltsters face higher costs after cold, wet weather damaged Canadian barley crops and left farmers and tipplers crying in their beer. "Prices up means our costs go up and beer prices ultimately go up," said Neil Herbst, co-owner of Edmonton- based Alley Kat Brewery.

  • Companies in Europe pledge 100K new youth jobs Thursday, 18 Sep 2014 | 4:50 AM ET

    The alliance of major companies including Nestle and Google aims to create tens of thousands additional jobs— or apprenticeships and internships that lead to jobs— over the next several years.

  • Independence 'risky' for Whisky producers?     Wednesday, 17 Sep 2014 | 4:30 AM ET

    David Frost, CEO of the Scotch Whisky Association, says the Scottish Whisky industry is worried about the impact independence would have on the sector - especially on exports.

  • Coke 'Surge' sold out AGAIN after fan-led campaign Tuesday, 16 Sep 2014 | 4:33 PM ET

    Within an hour of going online Monday, the citrus-flavored soda had sold out. It was soon restocked, only to sell out again, Today reports.

  • TORONTO, Sept 16- McDonald's Corp is making its McCafe ground coffee available in Canadian grocery stores this month, the fast-food giant said on Tuesday, part of its broader campaign to win market share in a country long dominated by rivals like Tim Hortons Inc and Starbucks Corp..

  • *Takeover of SABMiller seen costing nearly $122 bln. LONDON/ BRUSSELS, Sept 15- SABMiller's rejected bid for smaller brewer Heineken has revived talk about deals that could reshape the global beer industry in coming months. "We believe SABMiller could now be considered to be' in play' and view AB InBev as a potential acquirer," said Numis analyst Wyn Ellis.

  • Beer chatter: Mergers brewing?     Monday, 15 Sep 2014 | 2:29 PM ET

    Discussing the rise of craft brews and consolidation in the beer sector, with Jeff Cioletti, Beverage World Magazine editor-in-chief.

  • Analyzing global beer market     Monday, 15 Sep 2014 | 1:20 PM ET

    Discussing news AB InBev is not in talks about financing for a purchase of SABMiller, as well as news Heineken rejected a takeover proposal from SABMiller, with Mark Swartzberg, Stifel Securities analyst, and Michael Bellas, Beverage Marketing Corp. CEO.

  • NEW YORK, Sept 15- Talk about further consolidation in the brewing industry was helping lift consumer staple stocks on the S&P 500, with the largest gainers Altria, in point terms, and Molson Coors, percentage-wise.

  • Traders' best beer bet     Monday, 15 Sep 2014 | 12:27 PM ET

    The "Fast Money Halftime Report" traders dissect stock moves after rumors over beer consolidation, and share their favorite plays in the space.

  • Faber Report: Many beer stocks higher     Monday, 15 Sep 2014 | 10:12 AM ET

    CNBC's David Faber rounds up the consolidation rumors surrounding the beer industry. According to sources, AB InBev is not in talks about financing for a SABMiller purchase.