Rising Costs Drag on Nestlé’s Profit Despite Higher Selling Prices
Higher costs for commodities, freight and energy are starting to eat into profit at Nestle SA, even as the world’s...
drinks
Cheaper Beer, Cigarettes Gain Favor as Inflation Pinches Shoppers
Shoppers are trading down to cheap beer brands and discount cigarettes as they feel more pressure on their pocketbooks.Consumer prices...
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with...
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week,...
Bud Brewer Is Buoyed by Pricier Beer
Beer drinkers are so far stomaching higher prices for their brews. Budweiser owner Anheuser-Busch InBev SA BUD 2.60% said Thursday...
Activision Blizzard Names Two Women to Its Board
Activision Blizzard Inc. ATVI -0.02% said it is moving to add two women to its board of directors, months after...
Former Starbucks CEO Howard Schultz to Return as Chain Faces Union Push, Rising Costs
Howard Schultz is returning to lead Starbucks Corp. SBUX 5.16% for a third time, saying the company he helped become...
WSJ News Exclusive | Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures
Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government...
Activision CEO Bobby Kotick Steps Down From Coca-Cola Board
Coca-Cola Co. said Activision Blizzard Inc. Chief Executive Bobby Kotick won’t stand for re-election to its board of directors. “We...
Starbucks Workers Vote to Form Union at Arizona Cafe
Starbucks Corp. baristas voted to unionize at a third company cafe, as the chain has intensified efforts to win over...
Russia-Ukraine Crisis Has Western Companies Bracing for Sanctions Hit
Western companies with operations in Russia and Ukraine are girding for the potential impact of fresh sanctions after Russian President...
Coke Goes Big on Olympics Sponsorship in China. At Home, Not So Much.
Coca-Cola Co. has been an Olympics supporter for nearly a century. It counts China as its third-largest market after the...
Winter Olympics Sponsors Caught Between Beijing, U.S.
With less than two weeks to go before the start of the Winter Games in Beijing, several Olympics sponsors are...
Monster Beverage Buys Owner of Craft Breweries Cigar City, Oskar Blues for $330 Million
Monster Beverage Corp. MNST 0.41% has been mulling a move into booze for years. It finally took the plunge Thursday,...
Molson Coors Decided to Reopen Its Offices. Things Got Complicated.
Molson Coors Beverage Co. learned some lessons after bringing corporate employees back to their offices in October. Color-coded wristbands can...
WSJ News Exclusive | Constellation Brands Agrees to Build Large Brewery in Southeastern Mexico
Constellation Brands Inc., the brewer of Corona beer for U.S. consumers, has agreed to build a brewery in southeastern Mexico,...
WSJ News Exclusive | Coke to Pay $5.6 Billion for Full Control of BodyArmor
Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand...
Coca-Cola Boosts Outlook as Sales Rebound
The beverage giant’s sales plummeted in 2020 when the Covid-19 pandemic closed dining and entertainment venues. The company’s revenue in...
