The company plans to eliminate 3,300 jobs and close as many as six plants in an attempt to cut costs and refocus efforts on stabilizing its domestic beverage business.
The company plans to eliminate 3,300 jobs and close as many as six plants in an attempt to cut costs and refocus efforts on stabilizing its domestic beverage business.
The Pepsi Bottling Group posted a better-than-expected quarterly profit and raised the low end of its full-year earnings outlook, setting off a 4 percent gain in its share price.
Looking for new sources of revenue, hotels are following the lead of restaurants and bars in offering menus with creative cocktails and exotic nonalcoholic drinks.
Mr. Golden was a co-founder of the Snapple Beverage Corporation and served as its chairman as Snapple’s flavored teas and juices became a national phenomenon.
The Coca-Cola Company said it would buy a leading Chinese juice maker, the China Huiyuan Juice Group, for $2.3 billion.
Belvedere, the French maker of Sobieski vodka, is in advanced talks with private equity funds about a stake sale as it seeks to emerge from creditor protection.
The drinks company said profit rose 9 percent on strong international growth that was boosted by the weak dollar.
R. C. Bigelow, a family-owned company in Fairfield, Conn., is one of the country’s biggest tea producers. Cindi Bigelow is the third generation of the family to take the reins.
A satirical product from a dark comedy crosses over to reality.
By day, John C. Layfield is an investment banker and professional pontificator for Fox Business Network. By night, he peddles a love potion.