Coca-Cola hit a record high in early trading after beating second-quarter earnings estimates. According to Business Insider, the company also booster its full-year 2019 revenue forecast. The company said the quarterly growth was driven mostly by its soft-drink sales. Its Coca-Cola Zero Sugar brand saw its seventh consecutive quarter of double-digit global volume growth. Additionally, the company added new canned coffee drinks and a Coca-Cola energy drink in the last quarter.
Authorities say a woman was arrested after running a red light in a rented Tesla in San Francisco and causing a crash that killed a tourist and left his wife critically injured.
Harley-Davidson Inc cut the expected number for shipments of its motorcycles in 2019. According to Reuters, worldwide sales in the second quarter fell, hurt by higher tariff costs. How much profit the company makes per dollar of sales after accounting for production costs was also down. The revised outlook led to a 4 percent fall in the company’s stock price. The company now expects to ship about 212,000 to 217,000 bikes, compared to 217,000 to 222,000.
With earthquakes in California and Hurricane Barry striking states along the Gulf of Mexico and in the Midwest, small business owners should examine their insurance policies and determine how well covered they'd be in the event of a disaster
Disney's "The Lion King" is breaking records with a $185 million opening at the domestic box office. It surpasses 2011's "Harry Potter and the Deathly Hallows Part 2" to become the biggest July opening ever. According to Business Insider, it's the latest example of Disney's box office dominance. Disney/Marvel's "Avengers: Endgame" surpassed "Avatar" to become the biggest movie of all time globally.
British Airways announced Saturday that flights to Cairo were being canceled for seven days. According to CNN, the move comes as tensions escalated over Iran's seizure of a British tanker. BA says the flights were canceled "as a precaution to allow for further assessment." Egypt's Ministry of Civil Aviation and the British Embassy in Egypt are discussing British Airways' decision. German carrier Lufthansa said Saturday that flights to Cairo were suspended. However, it reported later Saturday that flights would resume on Sunday.