Business

Coca-Cola Soda Sales Lose Pop

Coca-Cola said Tuesday that the amount of soda it sold globally fell for first time in 15 years, but the drop was offset by stronger sales of noncarbonated drinks.


J&J Income Jumps 35 Percent in Q1

Johnson & Johnson's net income rose 35 percent in the first quarter, driven in part by strong sales in its pharmaceutical division, the company said Tuesday.


Stocks End Higher After a Seesaw Day of Trading

Wall Street ended higher Tuesday, extending a modest rally, with Coca-Cola and MasterCard as the big market movers.


Pay TV Subscriptions Expected to Rise

A study says that pay-TV providers can look forward to growth over the next five years.


Motorola Selling Enterprise Unit to Zebra

Zebra Technologies will spend more than $3 billion to buy the enterprise business of Motorola Solutions in a technological and geographical expansion.


Stocks Give Ground After Early Gains

After moving mostly higher in early trading on Tuesday, stocks have retreated over the course of the morning and the Nasdaq slipped firmly into negative territory.


Walgreen Pressured to Move HQ to Europe

Walgreen is under pressure from a small group of shareholders to move its corporate headquarters to Europe to take advantage of tax benefits.


Google Buys Drone Maker Titan Aerospace

Google has bought Titan Aerospace, a maker of solar-powered drones, saying it could help bring Internet access to remote parts of the world as well as solve other problems.


Southwest Airlines Profit Sharing Doubles

Southwest Airlines says will employees divvy up $228 million in profit-sharing this year, nearly twice the payout from last year.


Glencore Buys Caracal for $1.35 Billion

Glencore Xstrata says it is buying oil exploration firm Caracal Energy for about $1.35 billion in cash.


TIAA-CREF Buying Nuveen for $6.25 Billion

Financial services provider TIAA-CREF announced it will buy investment manager Nuveen Investments, bringing TIAA-CREF's total assets under management to about $800 billion.


GlaxoSmithKline Accused of Bribing Doctors in Poland

GlaxoSmithKline is accused of bribing doctors to prescribe medicines in Poland, the BBC is reporting, adding to allegations against the British pharma company for its activities in China and Iraq.


Citigroup's Earnings Edge Up in Q1

Citigroup says its first-quarter earnings rose to $4.1 billion, beating the expectations of Wall Street analysts.


McDonald's CEO Thompson Sees Pay Cut in 2013

McDonald's Corp. President and Chief Executive Don Thompson's total compensation in 2013 fell by more than $4 million, to nearly $9.5 million, in a challenging year for the Oak Brook-based burger giant.


New Miller High Life Ad Campaign to Premier During 'Mad Men'

MillerCoors is unveiling a new ad campaign for its Miller High Life brand aimed at convincing so-called "economy drinkers" how rich they really are.


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