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All Coca-Cola needed to do to rejuvenate Diet Coke was add some Feisty Cherry, Twisted Mango, Ginger Lime and Zesty Blood Orange. In skinny cans.Diet Coke posted sales volume growth in North America during the first quarter, thanks in large part to those four new flavors. Coca-Cola said it was the first time Diet Coke's volume had risen in the United States and Canada since late 2010.The new Diet Coke flavors, introduced in January, were "bold enough and interesting enough" to attract more Millennials and people who prefer flavored sparkling water to soda, CEO James Quincey said.The long slump in Diet Coke sales is partly because of the popularity of LaCroix, a sparkling water brand owned by National Beverage. Coca-Cola is looking to gain ground in that market: It bought the rights to sell the Mexican mineral water Topo Chico in the United States last October.But consumers, especially Millennials, have also turned away from diet soda in favor of healthier options.Quincey, who took over as CEO of Coke last May from longtime chief Muhtar Kent, said in February that Coke needs to shake things up if it wants to attract younger customers. The new Diet Coke flavors are an example of that."We've got to experiment, which means learning from the tech industry, the 1.0, the 2.0, the 3.0. Don't make it perfect, get something out there, learn, and make it better," Quincey told Harlow.Coke has been busy with other newish products. It rebranded Coke Zero as Coke Zero Sugar — and that subtle change also seems to be working. Sales rose at a double-digit pace in the quarter. Tea and coffee sales were up 5%, too.Wall Street wasn't impressed with Coke's results, though. Even though overall sales and profits topped forecasts, the stock fell nearly 2% on Tuesday. Shares are down 6% this year.Pablo Zuanic, an analyst at Susquehanna Financial Group, noted that lower pricing in North America may have helped boost sales. And Wall Street may not be pleased with that. He said he expected the stock to "tread water" as a result.For the past five years, Coke's stock has lagged top rival Pepsi, which also owns a thriving snack food business, and Dr Pepper Snapple, which recently agreed to sell itself to the coffee giant Keurig Green Mountain. 2259
After a nearly five-hour delay, the prosecution in Paul Manafort's trial called its first witness of the day on Friday afternoon, with the lengthy delay still unexplained in the courtroom.Judge T.S. Ellis returned to the courtroom at 2:22 p.m. ET, more than a half hour after they were scheduled to reconvene. After conferring with attorneys for the prosecution and defense briefly, Ellis said: "Mr. Andres, you may call your next witness."Prosecutor Greg Andres reminded him the jury still needed to be brought in.The courtroom erupted in laughter.There's has been no word from Ellis or the attorneys about the reason for the long delay.When the trial was supposed to begin at 9:30 a.m. ET Friday, Ellis huddled twice with lawyers for both sides, while the conversation was obscured from the public with white noise. The court then recessed for nearly an hour, before the lawyers and judge returned to the courtroom.Ellis brought the 16 jurors in, stressed to them the importance of not discussing the case and told them to "keep an open mind." He also said the court plans to "continue with evidence" presentations in the afternoon and that he would "expect to make progress."Prosecutors had intended to rest their case on Friday, although that may not happen now with the delay. They expect to call a pair of banking witnesses who were granted immunity to testify and an employee for the New York Yankees.Manafort's case is the first that special counsel Robert Mueller's team has brought to trial, charging Manafort with 18 tax and banking crimes. He has pleaded not guilty to all charges. 1601
ALBANY, N.Y. (AP) — New York is urging travelers from eight additional states to self-quarantine for 14 days as it awaits a decision on the reopening of indoor dining in New York City. Gov. Andrew Cuomo said in a television interview that he plans to send state police and health and liquor officials to New York City on Tuesday night ahead of his decision expected Wednesday. Last week, Cuomo and counterparts in New Jersey and Connecticut announced a travel advisory requiring people from states with "increased prevalence of COVID-19" to quarantine for two weeks. That advisory applies to states with a positive test rate higher than 10 per 100,000 residents, or a test positivity rate higher than 10%.Tuesday, California, Georgia, Iowa, Idaho, Louisiana, Mississippi, Nevada, and Tennessee were added to New York’s travel advisory. Those states join Alabama, Arkansas, Arizona, Florida, North Carolina, South Carolina, Texas, and Utah.The Democratic governor said he’s worried by reports that dining in closed, indoor areas with air-conditioned systems could lead to spikes in COVID-19. Cuomo has warned that those out-of-state travelers could lead to a rise in infections. 1185
America has an opioid problem and more mothers are struggling with sobriety.“At the height of my addiction, I could take anywhere from 20 or 30 Percocets a day if I had them,” said Amanda Martin, who’s opioid addiction started shortly after the death of a child.“My third born son died shortly after he was born and that just made a huge impact on me,” Martin said.During her fourth and fifth pregnancies, Martin, a former nurse, started taking pain pills which she says impacted her other children’s health.“They both had delayed speech patterns,” she said. “My youngest son that I took the most opiates with, he did have some developmental delays.”Martin’s opioid addiction eventually led to heroin use and ultimately put her in jail.New research shows during the past two decades, four times as many pregnant women are struggling with opioid use disorder and almost eight times as many infants are diagnosed with opioid withdrawal.Now, health experts say that many are having a hard time getting proper treatment.“Hospitals are providing variable care,” said Stephen Patrick, MD, director of the Vanderbilt Center for Child Health Policy. "And we see systems in communities really stretched, everything from local community hospitals to the child welfare system."He says every 15 minutes in America, an infant is born having an opioid withdrawal, which accounts for half a billion dollars in healthcare expenditures nationwide.“This year it looks like we’re on record pace once again to have to have a record-number of opioid overdoses,” Patrick said.While the COVID-19 crisis has made it harder for pregnant women to get into treatment, Patrick says this is a fixable problem, but that America currently lacks to funding and political will to change it.“As we start to usher in a new administration, I really hope the unique needs of pregnant women and infants affected by the opioid crisis are front and center,” he said.More help is something Martin agrees with, especially during the COVID crisis.“We see a lot of people coming in that are relapsing just simply because of the pandemic,” said Martin.Now three-and-a-half years sober, Martin is working as a recovery coach for Vertava Health in Mississippi and encouraging pregnant moms battling opioid addiction to get help, no matter how hard it may be.“There’s help out there,” she said. “And there’s non-judgmental places that you can come and you can get your whole life together and never have to live that way.” 2482
Although many companies across the country are having a tough time staying open during the pandemic, there is some good news: The Small Business Association is finding some people are opening new types of businesses.Many of these new small businesses are being helped by loans, which the SBA said aren’t difficult to get currently."A lot of people are being entrepreneurs and they're coming up with new ideas so you see a lot of people making masks, you see people making shields, you see a lot for 3D printing businesses starting up. So that’s a great thing, that’s entrepreneurship. Whenever we’re given a problem, people come up with a solution," says Charles Abell with the U.S. Small Business Association.Abell says new tech companies are also thriving because it's a business that can be run remotely."You see so many new tech businesses starting up and that’s a great thing. There's a lot of need for medical tech, so people are coming up with new apps on how do we track our area with the COVID-19 virus," says Abell.He says it can be tough for some people who are finding themselves out of work and an expert in just one industry to suddenly pivot to another. The SBA says some are turning their hobbies into businesses."They have a great sauce or they have a great product that they can make at home and they can use Amazon and do the shipping services to market their products. So, I think a lot of people are being very experimental right now," says Abell.People who focus on delivery services are also finding business is booming. And many of these businesses are benefiting from easier access to loans."This is an amazing time right now. A lot of people are refinancing their homes and getting the lowest interest rate possible. Well, guess what, starting your business is a very similar process," says Abell.The key right now for people who are thinking of starting a brand new business is to think through your plan and funding needs. And make sure the business can thrive in the current state of our economy."It's good that they have a business plan and have someone helping them with the business plan to make sure it's sustainable," says Abell.The SBA has free tools available to potential, new and longtime business owners on their website. They encourage new business owners to use every resource available to them so that their brand new company can not only survive this pandemic but for many years after. 2436