Qibi Holdings LLC is considering closing itself, according to people familiar with the matter, a move that points to a potential crash landing for a one-time high-end entertainment startup that raised capital 1.75 billion in capital. The streaming service has been plagued by problems since it began in April, facing …
Read More »Tab Tab B, Coca-Cola Diet-Soda Pioneer and the ’70s Sign, Is Going Away
The soda giant’s first diet cola was a culture icon in the 1970s and early ’80s, then pale after the launch of Diet Coke. Although the market share of Tab Tab became almost non-existent, the beverage company continued the brand for decades to please a fairly dedicated base known as …
Read More »2025 Starbucks Ties Executive Salary to Diversification Targets
Starbucks Corpo. SBUX -1.04% Said it will train officers in antibiotics and become the latest company to set fresh diversification targets in the midst of a national dialogue of compensation and build their compensation for minority representation among its workers. Coffee Chen said Wednesday that it will not be able …
Read More »Coca-Cola profits are out of the way. Why an Analyst Says Buy Now
Text size Justin Sullivan / Getty Images Coca-Cola shares are rising early Wednesday morning, a day after launching better-than-expected earnings. The reason: An update from Morgan Stanley, which argues that stocks have become too cheap. Analyst Dara Mohsenian raised its rating on Coca-Cola (ticker: KO) shares to Equal Weight’s Overweight, …
Read More »Coca-Cola plans to remove ‘zombie brands’ from its portfolio
Coca-Cola Co. says it will streamline its portfolio, cutting what it calls “zombie brands” to focus on more successful brands and smaller names with potential. According to James Quincey, CEO of Coca-Cola KO, + 2.34% Many of the company’s 400 “master brands” are located in one country and represent only …
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