Consumer Nation
Tom Rotunno
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As the controversy around the Facebook IPO grows, regulators say they will look into it; Moody’s lifts Ford’s credit rating; Dell shares slide after earning; Yahoo charts a new direction.
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On its second day of trading facebook falls 11 percent as FINRA says the will investigate the IPO. Altria introduces a nicotine lozenge and Apple remains the most valuable brand according to a recent study.
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“Got craft beer?” The phrase may seem like a laughable spoof of the famous “got milk?” campaign, but not long ago the need for a similar style campaign was being discussed in craft beer circles. It turns out they didn’t need one. Social media created a new platform for craft brewers to get the word out about their brands.
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Here's the latest "Six Pack," a look at six news items that have consumers buzzing in the world of beer, wine and spirits, as we head into the weekend. This week, Yuengling takes top honors, Guinness rolls out the QR Code pint glass and Breckenridge brews special Comic-Con beer.
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Markets get spooked by Greece, David Einhorn steals the show at the Ira Sohn Conference, JC Penny has its worst day ever, as IPO looms questions linger surrounding Facebook.
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Facebook increases its offering size, JC Penny doubles its loss, Greek banks see increased withdrawals, GM pulls Facebook ads, 13F disclosures reveal the moves large investors are making, Blackberry users are the unhappiest cellphone users.
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Facebook increases IPO range, Groupon beats estimates, Moody’s downgrades Italian banks, Tepper’s Appaloosa files 13F, private equity titan pays record price for Manhattan co-op.
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Here's the latest "Six Pack," a look at six news items that have consumers buzzing in the world of beer, wine and spirits, as we head into the weekend. This week, Beam's Maker's Mark wins a trademark case for its red wax seal, Anheuser-Bush rolls out a cider, and Andrea Bocelli launches a wine line.
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JP Morgan shocks the financial world with a surprise 5pm conference call to announce a $2B in losses Yahoo CEO says he never gave the company his resume. Boone Pickens delivers a frank talk and video game sales see a 5th straight month of decline.
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Diageo was forced to apologize after it became known that the company allegedly pressured an industry association to award it a prize originally intended for Scottish craft brewer BrewDog.
Featured
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To the creative, go the spoils. Hoping to boost sales, restaurants are launching a slew of innovative items.
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From waffle tacos to doughnut-bacon-and-egg sandwiches, restaurants pull out all the stops to capture your taste buds.
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Restaurant owners are worried that a tough new drunk driving law may hurt their business.
More From Consumer Nation
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Christina Cheddar Berk is editor of CNBC.com's Consumer Nation and chief trend spotter.
Retail
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A Bangladesh factory where Wal-Mart Stores and Inditex inspectors spotted cracks is still making Wrangler shirts.
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Baby boomers preparing for retirement are driving a surge in small business sales.
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Maxim Group upgraded shares of JC Penney to buy and slapping a $27 price target on the stock. Rick Snyder, Maxim Group and William Frohnhoefer, BTIG, discuss.