The beverage giant, which has just announced the closure of Odwalla, the long-time juice smoothie brand, is considering removing other “zombie brands,” or those that are not growing, to help cut costs, Coca-Cola CEO James Quincey said of the company’s second-quarter earnings. call tuesday. Over the past few months, Coca-Cola, …
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The UK government announced on Tuesday that it will grant higher than inflation wage increases to 900,000 public workers, including teachers, police officers, doctors and dentists, and senior public officials. Teachers will get the biggest increase, at 3.1%, while doctors can expect a 2.8% increase, the government said. He added …
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A buyer makes a purchase at a Best Buy store in Corpus Christi, Texas. Eddie Seal | Bloomberg | fake pictures Best Buy said Tuesday that it recovered about half of its laid-off employees as sales rebounded. The retailer said in a press release that its second-quarter sales increased approximately …
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A United Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | fake pictures United Airlines posted a net loss of $ 1.63 billion for the second quarter, driven by a drop in demand for air travel due to the coronavirus pandemic, the airline said Tuesday. Revenue fell more than 87% …
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Evan Spiegel, co-founder and CEO of Snap Inc., is on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Michael Nagle | Bloomberg | fake pictures Initially, Snap’s share price plunged more than 11% after hours, and then moderated to …
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