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."
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.