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Swimmers drinking Coca-Cola after competing in polluted Seine River

Olympic swimmers may have found a cure to combat the E. coli contamination of the Seine, one of the biggest talking points of the 2024 Paris Olympics: Coca-Cola cans. Several world-class athletes swear that the sugary soda helps ward off germs and infections they may pick up while competing in the open ocean. “There’s no […]

Coca-Cola to pay $6 billion in back taxes and interest to the IRS

Coca-Cola announced Friday that it will pay $6 billion in back taxes and interest following a settlement with the IRS in a lawsuit dating back nearly two decades. The dispute covers fiscal years 2007-2009, with the IRS alleging that Coca-Cola should have reported higher revenues as a result of international transfer pricing. “We look forward […]

Coca-Cola raises annual sales, profit forecasts on steady demand

Gargi Chaudhuri, Chief Investment and Portfolio Strategist at BlackRock, discusses the value rally and earnings growth potential of small-cap stocks on “The Craman Countdown.” Coca-Cola on Tuesday raised its full-year organic sales and profit outlook, signaling that consumers, mainly in international markets, are willing to spend more for the company’s higher-priced sodas, energy drinks and […]

Coca-Cola heir Alki David to pay $900M in sexual assault lawsuit

The heir to the Coca-Cola bottling fortune was again ordered Monday to pay millions of dollars in damages to a former employee who accused him of sexual assault. A Los Angeles jury has unanimously awarded Greek billionaire Archi David a massive $900 million in damages to a woman who identifies herself in the lawsuit as […]

Donald Trump flies over Coca-Cola 600 in North Carolina

On Sunday, former President Trump flew over the Coca-Cola 600 in North Carolina in his private jet, dubbed “Trump Force One,” before attending the NASCAR race. Trump Force One flied The race took place at Charlotte Motor Speedway around 4:30 p.m. on Sunday, drawing loud cheers from the crowd. “We’re going through Charlotte Motor Speedway. […]

Coca-Cola drinkers fed up with bottle caps that hit them in face

A European government regulation requiring Coca-Cola and other soft drink makers to attach bottle caps to plastic drink containers to reduce waste is causing concern among customers. Several cola drinkers have posted videos on social media showing how the cap remains stuck to the plastic bottle while sipping their favorite soda, causing the cap to […]