Coca-Cola Co

Supporters of US President Donald Trump participate in the Million MAGA March to protest the outcome of the 2020 presidential election, in front of the US Capitol on December 12, 2020 in Washington, DC.Olivier Douliery | AFP | Getty ImagesTwo Silicon Valley billionaires are holding dueling political fundraisers this week that showcase their chosen candidates in this fall's midterm elections and underscore a growing rift within the business community.In one corner is LinkedIn founder Reid Hoffman, who has been rallying…

Now going on 140 years in business, Cincinnati-based Kroger sped up its push into digital retailing during the pandemic, and grocery store chain isn't looking back.      Kroger has adopted an omnichannel strategy, integration of offline or in-store sales with online orders and logistics. It's a concept that originated in China in 2016 when founder Jack Ma of e-commerce giant Alibaba coined the term "New Retail" and proceeded to open 300 high-tech Freshippo-branded supermarkets in 27 Chinese cities.This "New Retail" model…

Fast Twitch, from the makers of GatoradeSource: PepsiCoGatorade is entering the energy drink category with a caffeinated spin-off called Fast Twitch.It represents yet another example of beverage companies blurring the lines between drink categories, seeking to leverage existing brand loyalty while entering fast-growing categories. Gatorade's parent company, PepsiCo, has already expanded Mountain Dew into alcoholic and energy drinks.The company says Fast Twitch is designed to give athletes an extra boost before their…

CNBC's Jim Cramer on Tuesday offered investors a list of his 10 favorite "dividend aristocrats" to own through year-end, saying their payouts offer protection against Federal Reserve-related market declines.Amid the Fed's tightening campaign this year, the S&P 500's dividend aristocrats — companies that have consistently raised their payouts over the past 25 years — have held up better than the broader U.S. stock index, the "Mad Money" host noted.And now, given renewed concerns about a hawkish Fed, Cramer said he…

A woman is drinking Coca-Cola near Playacar Beach in Playa del Carmen, Mexico.Artur Widak | NurPhoto | Getty ImagesCoca-Cola on Tuesday reported quarterly earnings that topped expectations as the beverage giant's sales at restaurants, theaters and other venues recovered from the pandemic.Here's what the company reported, versus what Wall Street analysts surveyed by Refinitiv expected:Adjusted earnings per share: 70 cents, versus 67 cents expectedAdjusted revenue: $11.3 billion versus $10.56 billion expectedThe…

A Walmart Inc. logo is displayed on a sign that reads "Everyday Low Price" at a store in Burbank, California, U.S., on Tuesday, Nov. 26, 2019.Patrick T. Fallon | Bloomberg | Getty ImagesShares of retailers including Macy's, American Eagle and Amazon fell Tuesday, a day after Walmart slashed its profit forecast and warned that surging prices for food and gas are squeezing consumers.The big-box retailer, which is the country's largest grocer, said everyday necessities are eating up more of household budgets and leaving…

Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022.Bing Guan | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading Tuesday.Walmart – Shares of Walmart slid 7.6% after the company cut its quarterly and full-year outlook, saying that inflation is shifting consumer spending towards essentials and away from things such as clothing and electronics. The news also dragged other retail stocks such as Target, Kohl's, Amazon and Costco lower.Shopify – Shares dropped 14.06%…

A seaside restaurant charges 30 euros ($30) for a burger.A large sunbed at an upscale beach club can cost 500 euros in August.And a table at a "VIP" nightclub can run into the thousands.Though Spain is generally considered a reasonably priced travel destination, the Spanish island of Ibiza has long been known as a place for living the high life."The pricing is silly," said Ben Pundole, a luxury hotel consultant and longtime Ibiza visitor, in an email to CNBC. "After 23 years in New York, I can only compare it to the…

CNBC's Jim Cramer said Thursday that investors should be adding shares of Coca-Cola to portfolios."So far, in a very bad year for the stock market, Coca-Cola's been one of the really consistent winners out there. These guys were already putting up great numbers when inflation was insane in the first quarter," he said."Now that so many of their key costs have come down dramatically from their highs. … I think Coke's results will only just get better," he added.The "Mad Money" host said that there are four reasons why he…

CNBC's Jim Cramer on Tuesday offered investors his stock picks from the best- and worst-performing stocks in the Dow Jones Industrial Average during the first half of the year.Companies in the Dow "tend to be boring, mature companies that typically pay nice dividends, which is what protects you when the Fed is tightening," the "Mad Money" host said."I know this is a tough market, but I'm betting the second half turns out better than the first for the worst performers and be OK for the best performers," he added.Here is…