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Kraft Heinz Lifts Profit Outlook On Price Hikes, Easing Costs

Kraft Heinz Co raised its full-year profit forecast on Wednesday on the back of higher prices and sustained demand for its packaged food items.

PepsiCo To Sell Tropicana, Other Juice Brands For $3.3bn

PepsiCo Inc unveiled a $3.3 billion sale of its Tropicana and other juice brands in North America to French private equity firm PAI Partners on Tuesday, as...

Coca-Cola Discontinues Energy Drink In North America

Coca-Cola Co said on Friday it would discontinue its energy drink in North America, a product it launched with fanfare last year as it pushed into new beve...

Costa Coffee May Cut 1,650 Jobs As Virus-Hit Forces Restructuring

Costa Coffee, a unit of Coca-Cola Co, said on Thursday a plan to deal with the hit to its UK stores from the COVID-19 health crisis could result in 1,...

More Companies Join Facebook Ad Boycott Bandwagon

A long list of companies, including some of the world's biggest consumer goods firms, have pulled advertising from Facebook Inc in support of a campaign th...