Coca-Cola plans first Coke-branded energy drinks in a crowded field
Coca-Cola Co told Reuters on Thursday it is working on plans to launch its first energy drinks under the Coke brand name, jumping into a crowded field as it tries to shift away from fizzy sodas.
Virgin Atlantic could face pilots’ strike over benefits
Britain’s Virgin Atlantic could face industrial action from some of its pilots after a union representing over half of them said it is preparing to ballot members over strike action.
D.R. Horton forecasts weak home sales, shares fall 10 percent
D.R. Horton shares fell more than 10 percent after the largest U.S. homebuilder forecast first-quarter home sales below analysts’ estimates on Thursday, the latest sign that rising mortgage rates and higher home prices are weighing on the housing mark…
Still a ‘lot of work to do’ for VW after diesel scandal – U.S. compliance auditor
Volkswagen and an independent monitoring team still have “a lot of work to do” before the company’s compliance procedures can be certified after a $27 billion global emissions cheating scandal, Larry Thompson, an independent compliance auditor, said o…
Wall Street dips as weak earnings dampen surge from midterm elections
U.S. stocks edged lower on Thursday, as a clutch of weak earnings reports punctured a rally from the previous session, which was spurred by the outcome for midterm elections.
VW, Daimler willing to pay for diesel retrofits, BMW not: German minister
German Transport Minister Andreas Scheuer said on Thursday that Volkswagen and Daimler were prepared to offer hardware retrofits for older diesel vehicles at their own cost but BMW was refusing to do so.
Coca-Cola plans energy drinks under namesake brand
Coca-Cola Co said on Thursday it plans to launch two energy drinks under its namesake brand, its latest move to diversify away from sugary sodas.
Wall Street opens lower after election surge
U.S. stocks fell at the open on Thursday following a rally in the previous session that was spurred by relief after the midterm elections, with investor focus shifting to the Federal Reserve’s interest rate decision.
D.R. Horton forecasts first-quarter 2019 home deliveries below estimates
Top U.S. homebuilder D.R. Horton forecast first-quarter deliveries below analysts’ estimates on Thursday, as rising interest rates push buyers to delay purchases of expensive homes.
U.S. weekly jobless claims fall slightly in latest week
New applications for U.S. unemployment fell slightly last week and the number of Americans receiving benefits remained at a 45-year low as strong labor market conditions continued.
