Lucio Salamini has witnessed the weather patterns around his family’s vineyard in…
Browsing Tag
Beverages/Drinks
12 posts
Celsius Energy Drink Gets $550 Million Investment From PepsiCo
PepsiCo is investing $550 million for a stake in the company behind…
Rising Costs Drag on Nestlé’s Profit Despite Higher Selling Prices
Higher costs for commodities, freight and energy are starting to eat into…
Cheaper Beer, Cigarettes Gain Favor as Inflation Pinches Shoppers
Shoppers are trading down to cheap beer brands and discount cigarettes as…
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
Tech giants Apple Amazon.com and Microsoft headline a busy earnings week amid…
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure…
PepsiCo Revenue Rises as Higher Prices, Snack Brands Lift Business
Consumers are continuing to buy treats like soda and chips at rising…
JetBlue, Frontier Fight for Spirit Shareholders Ahead of Vote
JetBlue Airways and Frontier Airlines jostled for last-minute support among Spirit Airlines…
Mexico Takes Aim at Private Companies, Threatening Decades of Economic Growth
MONTERREY, Mexico—For the past 20 years, a 1,100-megawatt power plant owned by…
Publicis Sees Ukraine War Weighing on Advertising Growth
Advertising giant Publicis Groupe SA pared back its global ad-spending forecast for…
Spirit Airlines Shareholders Urged to Reject Frontier Deal by Proxy-Advisory Firm
Proxy-advisory firm Institutional Shareholder Services Inc. recommended Tuesday that Spirit Airlines shareholders…
JetBlue to Launch Tender Offer for Spirit, Urge Shareholders to Vote Against Frontier Deal
JetBlue Airways Corp. plans to launch a hostile takeover attempt for discount…