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.
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.
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.
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.
Activist investor Daniel Loeb continues to put the heat on Yahoo, Cisco earnings beat but stock falls as they warn on outlook, Facebook says its mobile growth is growing faster than its advertising platform can keep up.
Yahoo CEO issues an apology, EA Sports beats earnings but stock still slides, Wynn Resorts has disappointing performance in Las Vegas, Google’s self-driving car gets its first license.
We caught up with brewing pioneer Ken Grossman to talk about Sierra Nevada Brewing Co. and the business of craft beer: past, present and future.
The European Union wants to ban the use of European names like Parmesan on cheeses made in the United States.
Commodity prices on bacon, coffee, milk and other breakfast staples are rising, hitting everyone's wallet harder, NBC News reports.
Bill Ackman, who is betting $1.16 billion that Herbalife is a fraud, spent $264,000 in 2013 on lobbyists to press his case against the company.
Cerberus struck a $9 billion-plus deal to buy grocery giant Safeway—a tie-up that should be a win for the consumer.
Introducing Morning Squawk: CNBC's before the bell news roundup
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