Pepsi launches new sparkling water line
PepsiCo (NYSE:PEP) is launching a sparkling-water line called bubly. There will be eight flavors – lime, grapefruit, strawberry, lemon, orange, apple, mango and cherry. The new drinks have no calories and are made without artificial flavors or sweeteners, the company said. Pepsi and its longtime rival Coca-Cola have been struggling with declining consumption of soft drinks.
CVS Health (NYSE:CVS) said that it will use part of its federal tax overhaul windfall to pay employees more and start a new parental-leave program. CVS said it is raising its starting wage for hourly workers to $11 an hour from $9. It also said it will not increase health insurance premiums for the 2018-2019 plan. It will start a paid parental-leave program that gives employees with a new baby four weeks off at full pay.
And Buffalo Wild Wings (NYSE:BWW) is getting into the Olympic spirit and wants you to go for the gold! Customers can request "one-of-a-kind gold" wing bling, which is a "tasteless sugar topping that the wings are 'dusted' with after they are cooked and sauced. It’s available for in-restaurant dining guests during the month of February.