Hard seltzer has been trending strongly, and Coca-Cola wants a piece of the pie. Indeed, off-premise hard seltzer sales showed a shocking 160% year-over-year increase in 2020, reaching a number of $4.1 billion.
Coca-Cola recently created its own version of hard seltzer, not intimidated in the slightest by other companies...
Healthcare and science provisions supplier Thermo Fisher Scientific Inc has decided to pursue the purchase of clinical and research provider PPD Inc in a deal worth $17.4 billion. This promises to be yet another game-changing deal in the health care sector, which has soared since the start of the...
Bank of America Corp joined its biggest rivals in capitalizing on the stock market bonanza that occurred this year. With the NYSE enduring a wild ride, BofA experienced a 17% rise in sales and trading throughout the first quarter, with equities and underwriting more than tripling.
During a conference call...
American investment giant JPMorgan Chase & Co announced on Thursday its intention to contribute up to $2.5 trillion over the next decade to companies and projects investing in climate change and social justice initiatives. During an official statement, the company declared that $1 trillion of this investment package would go...
In an effort to make COVID-19 vaccines accessible to underprivileged Americans, Uber Technologies Inc, PayPal Holdings Inc, and Walgreens Inc confirmed on Monday that they will be launching a joint $11 million Vaccine Access Fund to provide free trips to coronavirus vaccination centers so that Americans who lack access...
Automation software developer UiPath Inc. is planning to raise $1.1 billion in its U.S. initial public offering. As confirmed from a prospectus filed with U.S. Securities and Exchange Commission on Monday, the New York City-based company is offering 6.8 million shares while shareholders such as Accel and Alphabet Inc’s...
With Moderna (MRNA) stocks skyrocketing following the successful rollout of the company's COVID-19 vaccine, co-founder and chairman Noubar Afeyan has decided to sell a large portion of his shares totaling a value of approximately $1.4 billion.
From February 22nd through February 24th, Afeyan sold 6.5 million Moderna shares for a...
The Abu Dhabi-based Mubadala Investment Co. is considering becoming part of an investment group with an interest in Saudi Aramco’s oil pipelines—a deal that is expected to be funded by a loan of approximately $10.5 billion. One spokesperson for Mubadala confirmed that the sovereign wealth fund is currently in...
As a response to pressure from investors concerned over pollution and burning of fossil fuels, Anglo American has taken the decision to separate its South African coal mines into a new business this year. This decision comes after a year of planning an exit from thermal coal.
The new business,...
EV manufacturer Tesla reported its quarterly earnings on Monday, triggering a 7% increase in the EV maker's stock. This comes after the Elon Musk-led company posted record quarterly earnings for the period between January and March.
In an announcement on Friday, Tesla revealed that it delivered 184,800 vehicles in the...