Latest news with #JamesQuincey
Herald Sun
2 days ago
- Business
- Herald Sun
Donald Trump convinces Coca-Cola to use real cane sugar over corn syrup
Don't miss out on the headlines from North America. Followed categories will be added to My News. President Trump was on a sugar high, announcing that Coca-Cola would soon include the real sweet stuff in its US-sold beverages. 'I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so,' Mr Trump, 79, revealed on Truth Social. 'I'd like to thank all of those in authority at Coca-Cola. This will be a very good move by them — You'll see. It's just better!' Coca-Cola uses high fructose corn syrup in its US production, in contrast to cane sugar in countries like Mexico and the United Kingdom. The soda maker switched to high fructose corn syrup in the 1980s over concerns about cost and agricultural requirements, but many Coke fans still prefer the taste with real sugar. The news of the switch comes after Mr Trump was gifted a personalised bottle of Diet Coke by the company's top executive James Quincey in January of this year after winning his second term as US President. Instead of bearing the traditional Diet Coke logo, the special bottle had a label showing an image of the White House with the words: 'The Inauguration of the President of the United States.' It was a savvy gesture by the company coming just four years after the soft drink giant criticised the Capitol Hill rioting on January 6, 2021. Mr Trump is a well-known avid drinker of Diet Coke — which contains no sugar at all. 'I have never seen a thin person drinking Diet Coke,' the future president famously tweeted in 2012. Mr Trump's discussions with food manufacturers have been in line with the Make America Healthy Again drive led by Health and Human Services Secretary Robert F Kennedy Jr. Kennedy announced Monday that artificial dyes would be phased out of ice cream produced in the US due to their potential role in what the administration has called the 'chronic disease epidemic.' The administration has also approved waivers for several states to ban SNAP recipients from purchasing soda and candy with government funds.
Daily Mail
2 days ago
- Business
- Daily Mail
Trump claims Coca-Cola will return to real sugar in U.S. recipe
Donald Trump has been applying his negotiating skills to get sugar back in U.S.-produced Coke, the president wrote on his Truth Social site Wednesday. If his intervention pans out, soon Americans could be swigging something that tastes much more like Mexican Coke. 'I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so,' Trump wrote. 'I'd like to thank all of those in authority at Coca-Cola. This will be a very good move by them — You'll see. It's just better!' The company moved away from using sugar in Coke during the 1980s, switching to cheaper high fructose corn syrup. It is the second ingredient after carbonated water in a can or bottle of Coke, according to the company. There are debates about which tastes better, but some prefer the taste of the original – as evidenced by the import of Mexican Coke into the U.S. Mexico continued to use sugar in its plants for a number of years, and some Mexican migrants and others across the border prefer that flavor, which prompted an import regimen. The Daily Mail has reached out to Coca-Cola about any change in its manufacturing or recipe and any other agreements the company reached with the president. Company CEO James Quincey has told investors that 'we continue to make progress on sugar reduction in our beverages,' as Axios noted. He said it had done so 'by changing recipes as well as by using our global marketing resources and distribution network to boost awareness of and interest in our ever-expanding portfolio.' It is unclear how the shift will play out in the new highly volatile tariff environment. Trump has announced a 50 percent tariff on Brazil, one leading sugar producers. Other producers have negotiated prior free trade agreements with the U.S. but now face a 10 percent baseline tariff. Florida has its own heavily subsidized sugar industry sometimes called 'Big Sugar' by critics for its political influence. U.S. sugar companies currently get subsidies totalling $4 billion per year. That makes the price in the U.S. about double the global price. Trump's Health and Human Services Secretary Robert F. Kennedy has called sugar 'as addictive as crack.' 'It's hurting them and it's addicting them and it's changing their taste buds so that they crave it,' he said. He declared in April that 'sugar is poison, and Americans need to know that it's poison.' He has also crusaded to eliminate certain dies from foods.
Times of Oman
2 days ago
- Business
- Times of Oman
Trump says Coca-Cola agreed to use "Real Cane Sugar" in US
Washington, DC: US President Donald Trump claimed on Wednesday that Coca-Cola has agreed to use real cane sugar in its product at his suggestion, terming it a "good move". However, the soft drink manufacturing company is yet to confirm the change. Trump, in his post on Truth Social, claimed that the beverage giant has agreed to the same. "I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so. I'd like to thank all of those in authority at Coca-Cola. This will be a very good move by them -- You'll see. It's just better!" the US President said. Notably, Donald Trump's affinity for Coke is a longstanding one. Prior to Trump's oath-taking ceremony on January 15, Tesla CEO Elon Musk called the inventor of Diet Coke a 'genius' as his love for Coke is also well known. Musk shared an image of Trump with Coca-Cola CEO James Quincey as the latter gifted him a custom commemorative bottle of Diet Coke. "The inventor of Diet Coke is a genius," the post from Musk read. Trump's Deputy Director of Communications, Margo Martin, also shared a photo of the glass bottle and a note accompanying it. The glass bottle features a unique label showcasing an image of the White House along with the slogan, "The Inauguration of the President of the United States Donald J. Trump." A note beside the bottle reads, "Founded 126 years ago in Atlanta, Georgia, The Coca-Cola Company takes great pride in producing hundreds of brands that people enjoy. Along with our 60+ independent bottling partners, the Coca-Cola system generates $58+ billion in U.S. economic activity annually and supports more than 860,000 jobs in the United States. We're proud to continue our decades-long tradition of celebrating the U.S. presidential inauguration with a commemorative [bottle]". In 2012, he wrote on X, "I have never seen a thin person drinking Diet Coke." After US President Joe Biden took office, it appeared on January 22, 2021, that he removed the 'Diet Coke' button installed on the presidential desk by his predecessor, Donald Trump, who was devoted to the soda drink. The Hill reported that Trump, a soda devotee, reportedly had the button put in place on the Resolute Desk in order to "keep the carbonated beverages flowing". When pressed, a staffer would be summoned to provide the drink to the thirsty commander in chief. Trump would regularly consume 12 cans of Diet Coke a day, as per media reports.
Axios
3 days ago
- Business
- Axios
Trump says Coca-Cola has agreed to use real cane sugar in Coke
President Trump said Wednesday that Coca-Cola has agreed to use "REAL Cane Sugar in Coke in the United States." Why it matters: The beverage giant has been under pressure to reduce sugar in its drinks. The company currently uses high fructose corn syrup in the original soda recipe, according to its website. What they're saying: Trump said he's been speaking with the Atlanta-based company about using cane sugar, which it does in its Mexican Coke. " I'd like to thank all of those in authority at Coca-Cola. This will be a very good move by them — You'll see. It's just better!" Trump wrote on Truth Social. Zoom in: Coca-Cola CEO James Quincey told investors in April that "we continue to make progress on sugar reduction in our beverages." He noted that the company has "done this by changing recipes as well as by using our global marketing resources and distribution network to boost awareness of and interest in our ever-expanding portfolio." The company did not immediately respond to a request for comment on Wednesday.
Yahoo
12-07-2025
- Business
- Yahoo
2 Tariff-Proof Stocks to Buy as Trump Threatens 70% Tariffs
Coca-Cola and Netflix have businesses that should make them resilient if Trump's tariffs stay in place. Both of these leading companies continue to deliver solid financial results for investors. 10 stocks we like better than Coca-Cola › Trump's trade agenda has rocked and shaken equity markets this year. It's been a bit of a roller-coaster ride, and although stocks have somewhat recovered from the beating they took earlier this year due to the president's proposed tariffs, we are not out of the woods just yet. Trump is still pushing aggressive tariffs -- he recently threatened to impose some as high as 70% on various countries. Amid all this uncertainty, it's worth it for investors to buy shares of companies that the president's trade policies won't significantly harm. No company can entirely avoid the impact of tariffs, but some will handle them better than others. Coca-Cola (NYSE: KO) and Netflix (NASDAQ: NFLX) are among the corporations that are likely to fare better than most in a higher tariff environment. Here's what investors need to know. Coca-Cola is one of the most recognizable brands globally. The beverage specialist has operations in practically every country. The company bypasses tariffs on imported goods due to its significant manufacturing footprint in most regions where it operates. As the company's CEO, James Quincey, recently said: "The vast majority of everything that's consumed in the U.S. is made in the U.S." Although it still imports parts and materials used in its manufacturing process (most companies do), some of which will be subject to tariffs, Coca-Cola is better positioned than most. This aspect of Coca-Cola's business partly explains why it has outperformed the broader market this year. Furthermore, investors may also be drawn to the company due to its position as a leader in the consumer staples industry. Companies in this field are generally resilient during economic downturns. As some fear that the Trump administration's trade policies might lead to economic troubles, companies like Coca-Cola appear more attractive. That said, investors shouldn't worry too much about what might transpire in the next year or so. The good news is that there are excellent reasons to invest in Coca-Cola for the long term. Let's consider three of them. First, the company has a strong moat thanks to its brand name. The Coca-Cola logo inspires confidence and attracts consumers in both good times and bad, resulting in somewhat consistent revenue and earnings. Even when Coca-Cola's financial results take a hit -- as they did during the early pandemic years -- the company's robust underlying operations mean that it can survive the ordeal and perform well long after the dust has settled. Second, Coca-Cola has a deep and diversified portfolio of drinks and smaller brands across nearly every major category. And thanks to a successful business and the strong cash flow it generates, Coca-Cola has the flexibility to adapt its portfolio according to changing tastes and preferences. Third, Coca-Cola is an excellent dividend stock. The company has increased its payouts for 63 consecutive years and currently offers a forward yield of 2.9%. The S&P 500's average is 1.3%. Buying shares of Coca-Cola to help strengthen your portfolio right now as the tariff situation evolves would be a good move, but the company's long-term returns, especially with dividends reinvested, should be strong as well. Netflix's main product is a subscription to its streaming platform. There are no imported goods to worry about here and no tariffs. While Netflix may still suffer the consequences of the current administration's trade policies -- for instance, if they lead to a recession -- the company's core business is largely insulated from the effects of tariffs. Meanwhile, Netflix continues to deliver outstanding financial results. In the first quarter, the company's revenue increased by 12.5% year over year to $10.5 billion, while its net earnings per share (EPS) came in at $6.61, which was 25.2% higher than the year-ago period. Netflix is projecting top- and bottom-line growth rates of 15.4% and 44.1% for Q2, surpassing its most recent quarterly update. However, some might argue that the company's success is already baked into its share price. Netflix trades at 52 times forward earnings. The average price-to-earnings (P/E) multiple for the communication services industry to which it belongs is 19.9. That might make the stock somewhat volatile if it fails to match The Street's expectation, but the company remains a solid long-term buy. Netflix is the leader in streaming, and although the industry has made significant headway over the past decade, there is still plenty of whitespace ahead. For instance, in the U.K., Netflix grabbed 9% of television viewing time in Q1, leading all streaming companies, which, together, accounted for only 33% of television viewing time in the country. Netflix will benefit as streaming viewing time and engagement grows, leading to more subscribers, higher ad revenue (a business that is still in its early innings for Netflix), and more data to direct its content-production strategy. The basic blueprint that enabled Netflix's success in recent years should continue yielding strong results and returns for the stock. Tariffs or not, investors can safely buy and hold this stock for a long time. Before you buy stock in Coca-Cola, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Coca-Cola wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,432!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,854!* Now, it's worth noting Stock Advisor's total average return is 1,049% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Prosper Junior Bakiny has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Netflix. The Motley Fool has a disclosure policy. 2 Tariff-Proof Stocks to Buy as Trump Threatens 70% Tariffs was originally published by The Motley Fool
