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 …
Read More »American Airlines CEO: “Let’s fly, for God’s sake”
The pandemic is not yet affecting American Airlines, not if its CEO has anything to say about it anyway. “We’re going to fly, for heaven’s sake,” CEO Doug Parker told the Wall Street Journal. [The Wall Street Journal shares common ownership with MarketWatch.] “If it doesn’t work, we will remove …
Read More »The new Virgin Galactic CEO made a Star Wars attraction at Disney. Wall Street is stumped.
Text size George Whitesides, left, will become Virgin Galactic’s chief space officer. Michael Colglazier takes over as CEO. Courtesy of Virgin Galactic. Shares of Virgin Galactic, a pioneer of space tourism, shot up after the company named a new CEO. He comes from Disney and the former CEO stays. The …
Read More »Lemonade’s CFO says it is digitizing the insurance industry. Its IPO soared more than 100% today.
Text size The New York Stock Exchange welcomed Lemonade, Inc. (NYSE: LMND) on Thursday, July 2, 2020, in celebration of its IPO. To honor the occasion, Daniel Schreiber, co-founder and CEO, and Shai Wininger, co-founder and chief operating officer, along with Chris Taylor, director of listings, perform at the NYSE …
Read More »The meat industry will completely disappear in 15 years, says the CEO of Impossible Foods
It is, without a doubt, the very definition of talking about your book. But founder and CEO of meat substitute maker Impossible Foods Patrick Brown made a bold claim in an interview with CNBC’s Jim Cramer. “ “This is why I believe that people are increasingly aware that plant-based products …
Read More »