Welcome to CapBiz A.M., your morning primer on business news with a focus on Washington.

Bummer for beer buyers: Ultra, an online alcohol delivery service, has been ordered to cease and desist operations by the D.C. Alcohol Beverage Control Board for selling alcoholic beverages without a license. It’s a similar battle to the one a certain on-demand car service company is having with regulators across the country – but don’t expect Ultra to take the same defiant approach. (WP)

Soccer, soccer everywhere: During a hearing Thursday, members of the D.C. Council heard from supporters and skeptics of a proposal by D.C. Mayor Vincent Gray that would allow for construction of a new D.C. United stadium. Of course, there was other soccer drama unfolding at the same time about 4,000 miles away. (WP)

Lessons from a founder: Martin Roesch started a cybersecurity company in 2001 to make money on a freely distributed security program he had built. About a decade later, Cisco bought the firm for $2.7 billion. Here’s what Roesch learned along the way. (CAPBIZ)

Taking over: Former U.S. senate leaders John Breaux and Trent Lott, who founded Breaux-Lott Leadership Group — the boutique lobby shop that was acquired by Patton Boggs in 2010 — are taking over the lobbying practice at the newly formed Squire Patton Boggs. (CAPBIZ)

Scandal solver: The Washington Redskins have hired longtime politico Ben Tribbett to “help guide the team’s battle over their controversial nickname.” Tribbett has previously defended the controversial nickname on account of its Boston-based origins. (WP)

Filling their slots: Horseshoe Baltimore will officially open Aug. 26, casino officials announced Thursday, and half of the more than 2,000 job offers that Horseshoe has made so far have gone to Baltimore residents. (WP)

Assembling higher pay: Ikea, the Sweden-based furniture retailer, plans to raise the average minimum wage for its U.S. retail employees by 17 percent, to $10.76 per hour, beginning next year. It’s also tweaking the way it determines fair wages. (WP)

NYSE nabs giant: Chinese online retailer Alibaba, which is headed for what some analysts believe could be the largest ever U.S. public offering, will list its shares on the New York Stock Exchange rather than the historically technology-focused Nasdaq. (BLOOM)

Spending slump: Consumers boosted their spending only modestly in May, a disappointment to economists who fear the weaker-than-expected gain will likely mean a tepid economic rebound this quarter. And rising commodity prices won’t help matters. (AP/FOX)

On Wall Street

Stocks slid on Thursday after news that consumers were tightening their purse strings. (Get the latest updates here)

What’s on tap today

Consumer sentiment report (9:55 a.m.)

Farm prices report (3:00 p.m.)

Changing the Face of Philanthropy Summit (9:00 a.m.)

Help: How to truly shut down after work (INC)

Follow: Ultra

Extra: No plans yet for the weekend? We’ve got you covered. (WP)