Coca Cola | featured news

Coca-Cola Co. gave Chairman and CEO Muhtar Kent a pay package worth $21.6 million last year, as the world's biggest beverage maker navigated shifting drinking habits in the U.S. and sold more of its drinks overseas. The compensation is up from the $21.2 million Kent received in 2011, according to an Associated Press analysis.

Coca-Cola became one of the world's most powerful brands by equating its soft drinks with happiness. Now it's taking to the airwaves for the first time to address a growing cloud over the industry: obesity.

Coca-Cola Co. says it will invest an additional $3 billion in India through 2020 as it looks to capitalize on the growing market. The world's biggest beverage maker, whose brands include Minute Maid, Dasani and Powerade, has seen some of its biggest gains come from emerging markets as growth at home has slowed.

Coca-Cola's marketing chief, Joe Tripodi, said that advertising with Facebook probably helps drive sales. The comment marks a powerful endorsement at a time when some advertisers, such as GM, have expressed doubt about putting ad dollars into Facebook.

The Coca-Cola Co. has agreed to buy Coca-Cola Enterprises Inc.’s entire North American bottling business — and along with it the company’s bottling plant in San Antonio.