Coca-Cola is seeking to unwind its $5 billion acquisition of British coffeehouse Costa Coffee after a sales process failed earlier this year, Semafor reported on Thursday, citing people familiar with the matter.
ATLANTA--(BUSINESS WIRE)--The Coca-Cola Company today announced that Rob Gehring will become president of the company's North America operating unit effective Dec. 1, 2026. Gehring succeeds John Murphy, who has led the North America operating unit on an interim basis since Aug. 1, 2026. Murphy remains president and chief financial officer. Gehring, 59, returns to The Coca-Cola Company after a s...
The State Street Consumer Staples Select Sector SPDR ETF (XLP) has climbed 6.6% so far in 2026, according to State Street data as of September 21. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) has fallen more than 7% over the same stretch, a 13.
ATLANTA--(BUSINESS WIRE)--For 140 years, as consumer tastes have evolved, The Coca-Cola Company has expanded from one iconic beverage into a portfolio of approximately 200 brands across sparkling soft drinks, waters and hydration, coffee and tea, juices, dairy and plant-based drinks for every taste, occasion and generation.In the United States, products including Coca-Cola, Coca-Cola Zero Sugar...
Coca-Cola is working on equipment to automate dirty soda and refreshers as consumers increasingly want more drink options. From McDonald's to Wendy's, longtime Coke customers have been expanding their beverage offerings to boost their profit margins.
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