The CEO of Coca-Cola Co. took a pay cut in his first full year in charge, getting less compensation than he did in 2008 when he was promoted midway through the year. Muhtar Kent has been CEO of the world's biggest drinks maker since ...

Jamaica's reluctance to hand over an alleged crime boss is straining relations with the United States, which is questioning the Caribbean nation's reliability as an ally against drug trafficking. The two governments have been negotiating over Christopher "Dudus" Coke since the U.S. requested his ...

NEW YORK (Reuters) - PepsiCo Inc <PEP.N> forecast earnings growth at a low-double-digit rate in 2011 and 2012 and said its shift away from independent bottlers in the United States marked a new era in the beverage business. The world's No. 2 soft-drink maker, which on Friday closed its $7.8 billion purchase of Pepsi Bottling Group ...

Coca-Cola unveiled plans Thursday to take over the North American operations of its largest bottler, gaining control of production and distribution in a market shifting away from carbonated drinks. The soft drink giant said it would acquire the North American operations of its largest bottler, Coca-Cola Enterprises (CCE). The largely cashless deal also called for Coca-Cola to sell its bottling ...