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."
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
