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."
Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold” in a politically and environmentally fraught competition from China to Nevada to Chile.
The number of different electronic cigarette devices sold in the U.S. has nearly tripled to over 9,000 since 2020, driven almost entirely by a wave of unauthorized disposable vapes from China, according to tightly controlled sales data obtained by The Associated Press.
In Wednesday's business headlines, Microsoft CEO Satya Nadella is due in court to defend the company's takeover of Activision Blizzard and United Airlines is under fire over its recent cancellations with CEO Scott Kirby blaming the FAA for the disruptions. Meanwhile, a judge approved Overstock's purchase of Bed Bath & Beyond assets.
