Stock market news: October 18, 2019 – Yahoo Finance

Stock market news: October 18, 2019 – Yahoo Finance

U.S. stocks fell Friday as investors considered mixed company earnings and new reports of sluggish growth in the Chinese economy. Treasury yields edged down across the curve amid speeches from three Federal Reserve officials Friday in their final public remarks before officials enter a quiet period prior to central bank’s Oct. 29-30 rate-setting meeting. Here […]

Soda Comeback Drives Sales Gains at Coca-Cola – The Wall Street Journal

Soda Comeback Drives Sales Gains at Coca-Cola – The Wall Street Journal

Coca-Cola Co.’s carbonated soft drinks are making a comeback. The beverage giant over the past few years has expanded into coffee, tea, dairy and water as consumers shifted away from sugary sodas. But in the latest quarter, CEO James Quincey said, the company’s sales rose in large part thanks to variations on its namesake cola—including […]

J&J Recalls Lot of Baby Powder After Asbestos Trace Found – Yahoo Finance

J&J Recalls Lot of Baby Powder After Asbestos Trace Found – Yahoo Finance

(Bloomberg) — Johnson & Johnson is recalling one lot of its Johnson’s Baby Powder after tiny amounts of asbestos contamination were found in samples from a single bottle purchased online. J&J is voluntarily recalling the lot, #22318RB, and encouraging people who bought the product to discontinue use. The company said that it is working with […]

Bud Light brewer Anheuser-Busch accuses MillerCoors of stealing its beer recipes – CNBC

Bud Light brewer Anheuser-Busch accuses MillerCoors of stealing its beer recipes – CNBC

Source: Anheuser-Busch InBev In the latest escalation of the legal battle between Anheuser-Busch InBev and MillerCoors, the Bud Light brewer is accusing its rival of stealing secret recipes for its beers, including Michelob Ultra and Bud Light. MillerCoors, the U.S. subsidiary of Molson Coors, first filed a lawsuit against Anheuser-Busch in March after its rival […]

Reading Chick-fil-A outlet to close in LGBT rights row – BBC News

Reading Chick-fil-A outlet to close in LGBT rights row – BBC News

Image caption The restaurant in Reading’s Oracle shopping centre opened on 10 October A US fast-food chain will cease trading at its first UK outlet amid a row over donations to anti-LGBT groups. Gay rights campaigners called for a boycott of Chick-fil-A, which opened its first branch at The Oracle shopping centre in Reading on […]

Tesla's Nuerburgring run revs up debate over speed records – Reuters

Tesla's Nuerburgring run revs up debate over speed records – Reuters

FRANKFURT (Reuters) – Tesla Inc’s (TSLA.O) attempts to humble Porsche with a new lap record on Germany’s legendary Nordschleife racetrack have reignited a controversy about the value of lap times, as the circuit steps in to quash claims of cheating. A driver steers a Tesla Model S at the Nuerburgring race track, in the western […]

Coca-Cola stock jumps as strong sales of Coke Zero Sugar continue to drive revenue growth – CNBC

Coca-Cola stock jumps as strong sales of Coke Zero Sugar continue to drive revenue growth – CNBC

Marcos Brindicci | Reuters Coca-Cola on Friday reported quarterly revenue that topped analysts’ expectations as more customers are drawn in by healthier options, like Zero Sugar soda and smaller size cans. Shares of the company jumped 1.6% in premarket trading. “Our performance gives us confidence that our strategies are taking hold with our consumers, customers and […]

Nearly 75% of German Consumers Would Reject Facebook’s Libra: Survey – Cointelegraph

Nearly 75% of German Consumers Would Reject Facebook’s Libra: Survey – Cointelegraph

Almost three-quarters of German consumers would not use Facebook’s planned digital currency Libra, according to a recent poll. Only 27 percent considers using Libra On Oct. 17, Cointelegraph auf Deutsch reported that out of 2,000 Germans aged 16 and over, only 27% would ever consider using the social network’s stablecoin as a means of payment at home or […]

Asian shares slump after weak China GDP, pound retreats – Investing.com

Asian shares slump after weak China GDP, pound retreats – Investing.com

© Reuters. FILE PHOTO: A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing By Andrew Galbraith SHANGHAI (Reuters) – Asian stocks stumbled on Friday, erasing earlier gains after China posted its weakest growth in nearly three decades, countering a global lift in sentiment on the […]