[ad_1] As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes. Since its founding in 1965, Gatorade has been the dominant sports drink. It accounted for 63.5% of the U.S. sports drink market in 2023, according to …
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Teladoc CEO departs the company after stock’s 95% fall from 2021 highs
[ad_1] Jason Gorevic, CEO, Teladoc Scott Mlyn | CNBC Teladoc Health on Friday announced the sudden departure of CEO Jason Gorevic, who is leaving his role as head of the company effective immediately, according to a release. The company’s board of directors has temporarily appointed Mala Murthy, chief financial officer, …
Read More »Disney wins proxy fight with Nelson Peltz’s Trian Partners, as shareholders reelect full board
[ad_1] Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney shareholders on Wednesday reelected the media conglomerate’s full board, preliminary results show, handing a stinging defeat to activist Nelson Peltz …
Read More »Disney gets a win in Nelson Peltz board fight. 2 other portfolio stocks mount comebacks
[ad_1] Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) …
Read More »Consumers are tired of inflation. But some retailers fear falling prices
[ad_1] A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center. Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging …
Read More »S&P 500 rises above 5,000, gains for a fifth week on encouraging inflation news: Live updates
[ad_1] Stocks rose on Friday after December’s revised inflation reading came in lower than first reported, and the S&P 500 broke above the historic 5,000 level as strong earnings and economic news chugged on. The Dow Jones Industrial Average slipped 16 points, or less than 0.1%, while the S&P 500 …
Read More »PepsiCo earnings top estimates, but quarterly revenue slides for the first time in nearly four years
[ad_1] Pepsi bottles are seen at the grocery store in Las Vegas, United States on November 17, 2023. Jakub Porzycki | Nurphoto | Getty Images PepsiCo on Friday reported mixed quarterly results as North American demand for its food and drinks weakened. CEO Ramon Laguarta said that U.S. sales broadly …
Read More »Wendy’s taps PepsiCo exec Kirk Tanner as new CEO as burger chain fights off activist pressure
[ad_1] A “Now hiring” sign is displayed outside of a Wendy’s in Miami, Florida, on Oct. 8, 2021. Joe Raedle | Getty Images Wendy’s has tapped PepsiCo veteran Kirk Tanner as its new chief executive, effective Feb. 5, as the burger chain tries to boost its share price and ease …
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