NEW YORK (AP) — Coca-Cola says it will cut between 1,600 and 1,800 jobs in coming months to trim costs.
The world's biggest beverage maker says it began notifying workers in the U.S. and some international locations Thursday. It said job types are across all parts of its business and include about 500 cuts at its Atlanta headquarters.
2. LGBT-owned businesses get diversity boost - Friday, January 02, 2015
SAN FRANCISCO (AP) — As a Mexican-American woman who started her own consulting firm in Los Angeles, accountant Sonia Luna has taken advantage of programs aimed at helping minority- and women-owned businesses compete for government and corporate contracts. But increasingly, the fact that Luna also is a lesbian entrepreneur hasn't hurt either.3. Sector-by-sector breakdown of 2014's market moves - Friday, January 02, 2015
It was another great year for the stock market in 2014, but as is often the case the gains were not evenly distributed across industries.
Many investors just wanted to play it safe with high-yielding, low-volatility stocks like power companies. A collapse in the price of oil left energy stocks with the biggest loss in the Standard & Poor's 500 index. Airlines gained as their fuel costs dropped.4. Coke profit, revenue fall on flat soda market - Friday, October 17, 2014
ATLANTA (AP) — Coca-Cola reported a lower profit and revenue in the third quarter as global soda volume remained flat.
The world's biggest beverage maker announced a new plan that it said will reduce costs by $3 billion a year by 2019. For this year, the company said it expects earnings per share to miss its long-term target of high-single-digit growth.5. Flavors fuel food industry, but remain a mystery - Friday, October 10, 2014
NEW YORK (AP) — They help give Coke its distinctive bite and Doritos its cheesy kick. But the artificial and natural flavors used to rev up the taste of processed foods remain a mystery to most Americans.6. Procter & Gamble cancels on-field NFL promotion - Friday, September 19, 2014
NEW YORK (AP) — Procter & Gamble is canceling an on-field breast cancer awareness promotion it had been planning with the National Football League, the latest sponsor to respond to the NFL's growing problems.7. R.J. Reynolds Tobacco Co. names new president - Friday, September 19, 2014
WINSTON-SALEM, N.C. (AP) — Camel and Pall Mall cigarette maker R.J. Reynolds Tobacco Co. is tapping the head of PepsiCo North America's nutrition division as its new president and chief commercial officer.8. Target names Pepsi's Cornell as chairman, CEO - Friday, July 25, 2014
MINNEAPOLIS (AP) — Target has hired Pepsi executive Brian Cornell as its new chairman and CEO as it looks to recover from a huge data breach and troubles in Canada.9. Coke's sales miss estimates as Diet Coke flags - Friday, July 18, 2014
ATLANTA (AP) — Coca-Cola Co. reported quarterly sales that fell short of Wall Street estimates on Tuesday as demand remained weak for Diet Coke in North America.10. Coca-Cola ad: Working off a soda takes 23 minutes - Friday, June 06, 2014
NEW YORK (AP) — Coca-Cola is taking on obesity, this time with an online video showing how fun it could be to burn off the 140 calories in a can of its soda.
In the ad, the world's biggest beverage maker asks what would happen if people paid for a can of Coke by first working off the calories it contained. The ad, which notes that it typically takes 23 minutes of cycling to achieve that, shows a montage of people on a giant stationary bicycle happily trying to earn a can of its cola, with carnival music playing in the background.11. Toyota moving US base from California to Texas - Friday, April 25, 2014
LOS ANGELES (AP) — Toyota delivered a surprise pink slip to California on Monday, announcing the company would move its U.S. headquarters and about 3,000 jobs from the Los Angeles suburbs to the outskirts of Dallas.12. Wellness programs grow more popular with employers - Friday, April 18, 2014
That little voice nagging you to put down the cake and lace up the running shoes is increasingly coming from your employer and is likely to grow louder with a looming change under the federal health care overhaul.13. Stocks drift after Google, IBM earnings disappoint - Friday, April 11, 2014
Major U.S. stock indexes drifted between gains and losses in morning trading Thursday amid a crop of disappointing corporate earnings. Google, IBM and insurers UnitedHealth and WellPoint were among the big market decliners.14. Soda sales in US decline at faster pace - Friday, March 28, 2014
NEW YORK (AP) — Americans cut back on soda at an accelerated pace last year, bringing sales volume to the lowest level since 1995, according to a new report.
U.S. sales volume of carbonated soft drinks fell 3 percent in 2013, extending a streak of declines that began nearly a decade ago. It also represents a steeper drop than the 1.2 percent decline in 2012 and the 1 percent drop in 2011, according to an annual report by Beverage Digest, an industry tracker.15. US stocks end slightly lower for a second day - Friday, March 07, 2014
Without any big economic news or blowout company earnings to respond to, investors found little to get excited about Tuesday and sent the stock market lower for the second day in a row.
A few companies grabbed headlines for posting poor quarterly results or consummating long-running merger talks Tuesday. But the broader market barely budged for much of the day, then closed slightly lower. Investors didn't see enough that they liked to drive up a market that hit three record highs last week.
16. Coca-Cola's profit slips as US soda sales lag - Friday, February 14, 2014
NEW YORK (AP) — Coca-Cola says its fourth-quarter profit fell as the world's biggest beverage maker once again sold less soda in North America.
The maker of Sprite, Dasani and Vitaminwater water says sales volume declined 1 percent in North America. That reflected a 3 percent decline in soda, which offset improved performance by noncarbonated drinks such as Powerade. Last week, PepsiCo also said its soda volume fell in the "mid-single digits."
17. FDA says it is studying caramel coloring in soda - Friday, January 17, 2014
WASHINGTON (AP) — The Food and Drug Administration says it is conducting new studies of the safety of caramel coloring in soft drinks and other foods, even though previous research has shown no identifiable health risk.18. Food industry cuts calories four-fold over pledge - Friday, January 03, 2014
WASHINGTON (AP) — Some of the nation's largest food companies have cut daily calorie counts by an average of 78 per person, a new study says, more than four times the amount the industry pledged to slash by next year.19. Coca-Cola, PepsiCo see soda declines continue - Friday, July 19, 2013
NEW YORK (AP) — It seems that not even Beyonce or new, lower-calorie options can convince Americans to drink more soda.
Coca-Cola Co., PepsiCo Inc. and Dr Pepper Snapple Group Inc. all sold less soda in the second quarter in North America, dashing hopes for the moment that splashy new marketing and different sweetener mixes could get drinkers back.20. Temporary jobs becoming a permanent fixture in US - Friday, July 05, 2013
WASHINGTON (AP) — Hiring is exploding in the one corner of the U.S. economy where few want to be hired: Temporary work.
From Wal-Mart to General Motors to PepsiCo, companies are increasingly turning to temps and to a much larger universe of freelancers, contract workers and consultants. Combined, these workers number nearly 17 million people who have only tenuous ties to the companies that pay them — about 12 percent of everyone with a job.21. PepsiCo's profit beats expectations as sales rise - Friday, April 12, 2013
NEW YORK (AP) — PepsiCo Inc. reported a first-quarter profit on Thursday that beat Wall Street expectations as price hikes helped lift sales.22. Coca-Cola's independent bottlers see shifting role - Friday, April 12, 2013
NEW YORK (AP) — Coca-Cola has struck preliminary deals to begin handing back more of its U.S. distribution network to independent bottlers, a move that's expected to improve profit margins in its flagship market.23. FBI agents at Haslams' Pilot Flying J headquarters - Friday, April 12, 2013
KNOXVILLE (AP) — FBI and Internal Revenue Service agents on Monday locked down the headquarters of Pilot Flying J, the truck stop business owned by the family of Tennessee Gov. Bill Haslam and his brother, Cleveland Browns owner Jimmy Haslam.24. Mountain Dew introduces a breakfast drink - Friday, February 08, 2013
NEW YORK (AP) — If you don't like coffee or tea, Mountain Dew has a new breakfast drink that might perk you up.
PepsiCo Inc. is rolling out a new drink called Kickstart this month that has Mountain Dew flavor but is made with 5 percent juice and Vitamins B and C, along with an extra jolt of caffeine.25. 10 spots to look out for during Super Bowl Sunday - Friday, February 01, 2013
Celebrities, humor, babies and cute animals will once again rule the commercial breaks on Sunday during Super Bowl XLVII, advertising's biggest showcase, when more than 111 million people are expected to tune in. Marketers have spent millions and pulled out all the stops to 'wow' viewers this year.26. Ready to rumble: Super Bowl fans get in the game - Friday, February 01, 2013
NEW YORK (AP) — You don't have to be a football player to be a part of the action on Super Bowl Sunday.
Coca-Cola is asking people to vote for an online match between three groups competing in a desert for a Coke on Game Day. Pepsi and Toyota are using viewers' photos in their ads. Audi let people choose the end of its Super Bowl ad, while Lincoln based its spot on more 6,000 tweets from fans about their road trips.27. Coca-Cola to address obesity for first time in ads - Friday, January 11, 2013
NEW YORK (AP) — Coca-Cola became one of the world's most powerful brands by equating its soft drinks with happiness. Now it's taking to the airwaves for the first time to address a growing cloud over the industry: obesity.28. PepsiCo's profit dips amid turnaround push - Friday, October 12, 2012
NEW YORK (AP) — PepsiCo Inc.'s net income dipped 5 percent in the third quarter, as the food and beverage maker continued to pour more money into bolstering its flagship brands.29. Soda industry: Vending machines will show calories - Friday, October 05, 2012
NEW YORK (AP) — As criticism over sugary sodas intensifies, Coke, Pepsi and Dr Pepper are rolling out new vending machines that display just how many calories are in their drinks.
The machines will let customers see the calorie counts for drinks before making a purchase. They will launch in Chicago and San Antonio municipal buildings in 2013 before rolling out nationally.30. Coke, Pepsi racing for a new diet soda sweet spot - Friday, July 20, 2012
NEW YORK (AP) — Coke and Pepsi are chasing after the sweet spot: a soda with no calories, no artificial sweeteners and no funny aftertaste.
The world's top soft drink companies hope that's the elusive trifecta that will silence health concerns about soda and reverse the decline in consumption of carbonated drinks. But such a formula could be years away.31. Humane Society releases video of horse abuse in TN - Friday, May 18, 2012
NASHVILLE (AP) — The Humane Society of the United States has released video of the abuse of Tennessee walking horses that led to a federal indictment charging four people with violation of the federal Horse Protection Act.32. Facebook CEO turns 28, IPO could be $100B gift - Friday, May 11, 2012
NEW YORK (AP) — He famously wears a hoodie, jeans and sneakers, and he was born the year Apple introduced the Macintosh. But Mark Zuckerberg is no boy-CEO.
Facebook's chief executive turned 28 on Monday, setting in motion the social network's biggest week ever. The company is expected to start selling stock to the public for the first time and begin trading on the Nasdaq Stock Market on Friday. The IPO could value Facebook at nearly $100 billion, making it worth more than such iconic companies as Disney, Ford and Kraft Foods.33. Pepsi brings back Michael Jackson in ads - Friday, April 27, 2012
NEW YORK (AP) — PepsiCo Inc. is going on a reunion tour with The King of Pop.
The Purchase, N.Y.-based company on Thursday is announcing its deal with the estate of Michael Jackson to use the late pop star's image for its new global marketing push. The nature of the promotion will vary by country, but will include a TV ad, special edition cans bearing Jackson's image and chances to download remixes of some of Jackson's most famous songs.34. Coca-Cola ends ties to conservative law writers - Friday, April 06, 2012
WASHINGTON (AP) — Coca-Cola Co. has terminated its relationship with a conservative group seen by some as an incubator for a string of new state voter ID laws and a marketer of laws like Florida's "Stand Your Ground" self-defense statute.35. Cheekwood announces 2012 board officers - Friday, February 17, 2012
The Board of Trustees of Cheekwood Botanical Garden & Museum of Art has recently announced new officers of the Board to serve two-year terms: They are:36. Kellogg to buy Pringles; P&G, Diamond end deal - Friday, February 10, 2012
NEW YORK (AP) — Kellogg has popped up to buy the Pringles chip brand from Procter & Gamble for $2.7 billion after a similar deal with Diamond Foods was derailed by accounting problems and an executive shakeup at Diamond.37. Pepsico to cut 8,700 jobs; 4Q net rises - Friday, February 03, 2012
NEW YORK (AP) — PepsiCo plans to cut 8,700 jobs, or about 3 percent of its workforce, as it seeks to offset high commodity costs and increases investment in advertising and marketing in North America.38. Why that corporate cash pile isn't so impressive - Friday, November 18, 2011
NEW YORK (AP) — Hardly a day goes by without some politician or pundit pointing out that companies are hoarding cash — roughly $3 trillion of it. If only they would spend it, the thinking goes, the economy might get better.39. Oil rises to above $86 on weaker dollar to euro - Friday, October 07, 2011
Oil prices inched up above $86 a barrel Wednesday, supported by a weaker dollar even as concerns persisted about the sovereign debt crisis in Europe and the International Energy Agency slightly lowered its demand growth forecasts.40. PepsiCo 4Q net income falls; cuts outlook - Friday, February 04, 2011
PURCHASE, New York (AP) — PepsiCo Inc.'s fourth-quarter net income fell 5 percent because of higher costs and cut its earnings forecast on a dim view of the economy.41. Wal-Mart to make, sell healthier foods - Friday, January 14, 2011
WASHINGTON (AP) — Wal-Mart, the largest U.S. grocer, says it will reformulate thousands of products to make them healthier and push its suppliers to do the same, joining first lady Michelle Obama's effort to combat childhood obesity.