Coca-Cola Co. (KO), the world's largest beverage company, embarked on a plan to cut $3 billion in annual expenses by 2019 after a global slump in sales volume caused revenue to miss analysts' estimates.
McDonald's has focused on improving staffing at busy times and emphasizing its breakfast and coffee offerings as it has lost traction with a key group of consumers.
Staples is investigating a possible breach of payment card data and has contacted law enforcement about the matter, making it the latest US retailer to become a possible victim of a cyberattack.
Verizon said the number of new tablet subscribers more than doubled the number of phone additions. Associated Press. By. Erin McCarthy.
... * China implied oil demand up 6.2 pct to 10.3 mln bpd in September. * China Q4 GDP growth at 7.3 pct, weakest since 2008/09 crisis.