*Post-tax Q2 ENI per unit of 62 cents vs Street view of 65 cents. NEW YORK, July 24- Private equity firm KKR& Co LP said on Thursday that its second-quarter earnings more than tripled year-on-year, close to most analysts' expectations, as a string of lucrative asset sales led to its highest dividend on record.» Read More
New York Mayor Michael Bloomberg says he will prevail on an appeal to ban sodas larger than 16 ounces in New York, reports CNBC's Courtney Reagan.
While NYC bickers over giant sugary drinks, you may have missed this important health alert: red meat and red wine are good for you! CNBC's John Carney is on it.
The New York City soda ban was scheduled to begin on Tuesday, but a state judge ruled limits on sugary drinks are not legal. (1:35)
David Dearie, CEO of the world's second largest wine company Treasury Wine Estates, explains how the Chinese consumer's appetite for red wine is presenting exciting opportunities in Asia.
Stephen Burton, owner of Bordeaux Cellars, has made lemonades out of lemons .. or more like champagne out of raisins, reports CNBC's Jane Wells.
CNBC's Brian Shactman reports on a class-action suit against Anheuser-Busch InBev in regards to knowingly adding water to the beer.
Beer lovers have filed $5 million class-action lawsuits accusing Anheuser-Busch of watering down its Budweiser, Michelob and other brands.
The Justice Department and AB InBev asked a court for a short delay as the Budweiser parent seeks to save a $20 billion beer deal.
A Washington state man concocted what could be the world's most expensive Starbucks drink ever, with CNBC's Brian Sullivan.
Makers Mark will no longer try to stretch supplies of its famous Bourbon by adding water, reports CNBC's Maria Bartiromo. Also, scientists may have discovered an instant hangover cure.
Macquarie says the drop in coffee prices is due to speculative trades that are long Robusta, and short Arabica. CNBC's Jane Wells offers insight.
PepsiCo beat earnings, and the stock is nearing a 52-week high. Is it time to buy PepsiCo or Coca-Cola? Zachary Karabell, River Twice Research and Richard Ross, Auerbach Grayson, weigh in. (3:26)
Pernod Ricard CFO Gilles Bogaert says the French drinks maker is feeling the impact of the less dynamic global economic environment.
Anheuser-Bush InBev changed terms of its proposed $20.1 billion acquisition of Mexican brewer Grupo Modelo in an attempt to get the deal past regulators.
Where the smartphone market and mobile payments are headed, with Dan Niles, AlphaOne Capital; and the FMHR traders discuss their take on Netflix as its stock continues to climb.
Muhtar Kent, Chairman & CEO of Coca-Cola, breaks down his company's fourth quarter results, and weighs in on where the company is finding emerging growth areas.
Dirk Van Vlaanderen, vice president for Europe at Jeffries International, tells CNBC how to trade tobacco and alcohol stocks now that the market is in a bull phase.
Decadence doesn't come cheap. And for whatever the reason, these liquors command prices you wouldn't believe.
Could Styrofoam containers get 86'd from the menu of takeout food options in the nation's biggest city?
It's the battle of the beers in the Super Bowl team hometowns. And dreams do come true, Jimmy: A land where beer is cheaper than water!