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“The companies that are not boycotting Russia” A Yale University professor has compiled a list of companies that are still doing business in Russia even as many firms head for the exits after Vladimir Putin’s invasion of Ukraine. Jeffrey Sonnenfeld, who heads the nonprofit Chief Executive Leadership Institute at Yale, put together the list, which…
“Coca-Cola says it will suspend business in Russia” Coca-Cola on Tuesday said it will suspend business in Russia, joining a list of companies that are giving in to consumer pressure over the war in Ukraine. It joins a list of companies that have filed out of Russia after its invasion of Ukraine. Earlier Tuesday, McDonald’s…
“McDonald’s, Coca-Cola, Pepsi resist Russia boycott calls” Some of America’s biggest brands like McDonald’s, Coca-Cola and Pepsi are under growing pressure to cut business ties with Russia as social media users continue to express outrage over Vladimir Putin’s invasion of Ukraine. The hashtags #BoycottMcDonalds and #BoycottCocaCola were trending on Twitter over the weekend as public…
“#Coca-Cola revenue jumps 42 percent in Q2 as re-openings gain momentum” Coca-Cola’s sales rebounded faster than expected as the impact of the pandemic abated. The Atlanta-based soft drink giant said its revenue jumped 42 percent to $10.1 billion in the April-June period. That was well ahead of the $9.3 billion in sales that Wall Street…
“#Coca-Cola to change Coke Zero — and consumers are nervous” Coca-Cola is about to change the formula for Coke Zero — and some soda drinkers are having flashbacks. Later this month, new versions of Coke Zero Sugar will be arriving on store shelves as Coke looks to fend off competition from Pepsi Zero Sugar. The…
“#Cristiano Ronaldo’s Coca-Cola snub helped knock $4B off market value” Soccer superstar Cristiano Ronaldo may have helped wipe out $4 billion of Coca-Cola’s market value when he moved two Coke bottles out of view at a press conference — and opted for water instead. Ronaldo’s apparent snub in Budapest Monday ahead of a Portugal-versus-Hungary Euro…
“#Coca-Cola pauses diversity plan after chief lawyer resigns” Woke Coke has gone flat. Coca-Cola has paused its controversial diversity plan — that included penalties on outside law firms if they failed to meet racial diversity quotas — after intense backlash. The pause comes after the orchestrator of the plan, Coke’s former general counsel Bradley Gayton,…
“#Companies, celebrities condemn state voting restrictions” Hundreds of companies, big-name executives and celebrities signed onto a statement Wednesday condemning bills that would make it harder for Americans to vote. The statement calling voting “the lifeblood of democracy” is corporate America’s latest salvo against election restrictions that Republicans have passed or proposed in states such as…
“#Trump calls for boycott of MLB, Coke and Delta Airlines” Former President Trump called Friday night for a boycott of Major League Baseball, Coke and Delta Airlines — and all other companies that have pulled out of Georgia or otherwise protested the state’s controversial new voting reform bill. The Republican called for a boycott in…
“#Activists push Coca-Cola to take stand against Georgia election law” Activists in Georgia are calling for a boycott of Coca-Cola until the Atlanta-based company comes out against the state’s new election-law changes. The African Methodist Episcopal Church, which represents 500 black churches, on Thursday called for the boycott, and the hashtag #BoycottCocaCola was trending into the weekend….