Exxon plans major U.S. investments due to tax reform: CEO
HOUSTON (Reuters) – Exxon Mobil Corp plans to invest billions of dollars in the United States due in part to recently approved corporate tax rate cuts, the company’s chief executive said on Monday.
U.S. rejects proposals to unblock NAFTA, but will stay in talks
MONTREAL (Reuters) – U.S. President Donald Trump’s trade chief on Monday dismissed Canadian proposals for unblocking NAFTA modernization talks but pledged to stay at the table, easing concerns about a potentially imminent U.S. withdrawal from the trila…
Coffee meets 7UP in Keurig, Dr Pepper Snapple deal
(Reuters) – Keurig Green Mountain has struck a deal worth more than $21 billion to combine with soda maker Dr Pepper Snapple Group Inc to form a North American drinks company with brands like Green Mountain Coffee, 7UP, Snapple and Sunkist.
Starbucks to skip ‘Frappuccino Happy Hour’ in U.S. this summer
LOS ANGELES (Reuters) – Starbucks Corp has told employees it is taking its Frappuccino Happy Hour special off the menu in the United States this summer, as it shakes up its promotions in a bid to strengthen sales after a disappointing holiday season.
Panera debuts service to help restaurants ‘clean up’ their menus
(Reuters) – Panera Bread Co, a pioneer in serving “clean” restaurant food, has started a consulting service to help other chains remove artificial preservatives, sweeteners, flavors and colors from menus.
Keurig coffee, Dr Pepper Snapple combine in $21 billion-plus deal
(Reuters) – Keurig Green Mountain has struck a deal worth more than $21 billion to combine with soda maker Dr Pepper Snapple Group Inc to form a North American drinks company with brands like Green Mountain Coffee, 7UP, Snapple and Sunkist.
Apple leads Wall Street’s retreat from record levels
(Reuters) – U.S. stocks pulled back sharply on Monday from record levels last week, with the Dow falling more than 100 points, weighed down by Apple after a media report added to concerns about demand for the iPhone X.
NAFTA negotiators still divided, but cite progress in talks
MONTREAL (Reuters) – The United States, Canada and Mexico said they had made progress in the latest round of talks to renegotiate the North America Free Trade Agreement, although the American representative complained progress was still very slow.
Apple shares skid on report of iPhone X production cut
(Reuters) – Apple Inc will halve its iPhone X production target for the first three months of the year to around 20 million units, Nikkei reported on Monday, sending its shares down 1.6 percent.
Wall Street slips at open, Apple weighs
(Reuters) – Wall Street eased on Monday from record levels hit last week, weighed down by a drop in Apple shares after a report said it would maker fewer iPhone Xs.
