Coca-Cola earnings beat Wall Street estimates as revenue jumps 16%

Coca-Cola earnings beat Wall Street estimates as revenue jumps 16%

[ad_1] Coca-Cola on Monday reported quarterly earnings that topped analysts’ expectations as consumers drank more of its namesake soda, Powerade and Costa coffee. But CEO James Quincey told CNBC’s Sara Eisen that despite the strong quarter, there are “storm clouds” on the horizon. The company largely weathered inflationary challenges during the first quarter and maintained … Read more

SpaceX launches Crew-4 mission for NASA, has now sent 26 astronauts to space in under two years

SpaceX launches Crew-4 mission for NASA,

[ad_1] A SpaceX Falcon 9 rocket carrying the company’s Crew Dragon spacecraft Freedom launches the Crew-4 mission from NASA’s Kennedy Space Center in Florida on April 27, 2022. Aubrey Gemignani | NASA SpaceX launched a group of astronauts for NASA early Wednesday morning, with Elon Musk’s company now having sent 26 people to orbit in less than … Read more

Ford cuts 580 U.S. salaried and contract employees as it restructures to focus on EVs

Ford cuts 580 U.S. salaried and contract employees

[ad_1] Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT – Ford Motor is cutting 580 U.S. salaried employees and agency workers as part of its ongoing Ford+ turnaround plan, the company confirmed Wednesday night. The cuts include … Read more

Sixteen states sue the Postal Service over plan to buy gas-powered vehicles

Sixteen states sue the Postal Service over plan to buy gas-powered vehicles

[ad_1] Sixteen states on Thursday sued the U.S. Postal Service over its plan to replace its aging delivery fleet with thousands of gas-powered delivery vehicles over the next decade, alleging that the agency hasn’t adequately accounted for the environmental harm of the vehicles. They were joined by the District of Columbia, the City of New York … Read more

The Fed’s favorite inflation gauge rose 5.2% in March as worker pay fell further behind

The Fed's favorite inflation gauge rose 5.2%

[ad_1] Canned goods are displayed at a Safeway store on April 11, 2022 in San Anselmo, California. Justin Sullivan | Getty Images A measure that the Federal Reserve focuses on to gauge inflation rose in March, likely cementing the central bank’s intention to hike interest rates by half a percentage in May. The core personal … Read more

Bill Murray reflects on inappropriate behavior that led to the shutdown of his latest film

Bill Murray reflects on inappropriate behavior

[ad_1] Bill Murray is still reflecting on his inappropriate behavior, which led to a production shutdown on the Searchlight Pictures’ film “Being Mortal” last week. On Saturday, the actor told CNBC’s Becky Quick that he had a “difference of opinion” with a woman he was working with on the film, saying, “I did something I … Read more