Spotted at Coca-Cola (KO): The “disinflationary process” recently touted by Federal Reserve Chair Jerome Powell. The maker of Coke Zero and Costa coffee said it sees 2023 mid-single-digit percentage commodity cost inflation. In 2022, higher costs for things like sweeteners and aluminum for cans led to the beverage giant feeling […]
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Poshmark (POSH) is ready for its next chapter after South Korean internet company Naver agreed to buy the peer-to-peer digital marketplace for $1.2 billion in cash on Tuesday. “It’s a great win for our shareholders, it’s a great win for our employees, and ultimately, it’s a very good win for […]