Keurig Green Mountain is buying Dr Pepper Snapple, creating a giant beverage company that will generate an estimated $11 billion in annual revenue. The new company will be called Keurig Dr Pepper and will house many popular soda and coffee brands under one roof. Shares of Dr Pepper surged on news of the merger.
Steve Wynn is out as RNC Finance Chair following sexual misconduct allegations. Republicans scrambled to distance themselves from Wynn after the bombshell Wall Street Journal report. Wynn stepped down from his post at the RNC over the weekend.
Rafael Acevedo, Group Director for Diet Coke North America, joins us to discuss the company's overhaul of its diet soda. The company is rolling out four new flavors: Feisty Cherry, Ginger Lime, Twisted Mango, and Zesty Blood Orange. Acevedo assures customers Diet Coke's original formula will not be changing.
And we break down all the biggest moments from the 60th Annual Grammy Awards. R&B star Bruno Mars took home the most-coveted awards of the evening, including Album of the Year and Song of the Year. Kesha, joined by other female artists, gave a powerful performance of her hit song "Praying."
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
