Torrents of juice flood Russian town after factory accident

A flash flood of fruit juice from a beverage plant in southern Russia has flowed into a town’s streets and into the River Don. The Prosecutor’s Office in the Lipetsk region said in a statement that the roof of Pepsico’s Lebedyansky factory collapsed...

Nascar star Dale Earnhardt Jr. to retire at end of season

Dale Earnhardt Jr., NASCAR’s most popular driver, announced Tuesday that will retire at the end of the season. The two-time Daytona 500 winner set an afternoon news conference with team owner Rick Hendrick to discuss his decision. Hendrick Motorsports said in a...

Workers involved in union activities say Tesla is illegally intimidating them

Tesla is once again facing allegations that it’s working to quash a union drive at its factory in Fremont, California. Last week, the United Automobile Workers union filed with the National Labor Relations Board alleging that the company has illegally surveilled...

Coke goes ‘lean,’ to cut 1,200 jobs as part of $800 million cost-savings plan

Coca-Cola said Tuesday it will eliminate 1,200 jobs as part of a multiyear cost-cutting effort. Incoming Coca-Cola CEO and current COO James Quincey said on the company’s earnings conference call that the company is planning a “more focused, lean corporate...

Post-it maker 3M’s quarterly profit rises 3.8%

3M, which makes Scotch tape and Post-it notes, reported better-than-expected quarterly results and raised its 2017 profit forecast, helped by growth across its major businesses. Shares of the company were up 2.4 percent at $198.70 in premarket trading on Tuesday. The...

Coca-Cola’s profit plunges 20 percent on bottling refranchising costs

Coca-Cola reported first-quarter earnings on Tuesday that fell slightly short of Wall Street expectations. The company reported a 20 percent drop in quarterly profit, which was driven lower because of higher costs related to its refranchising efforts in...