Inside these posts: Coke

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Diet Coke unseats Pepsi as No. 2 cola

Diet Coke is now the No. 2 soft drink, behind Coke. (Coca-Cola)

U.S. sales of Diet Coke overtook those of Pepsi-Cola for the first time in 2010, making the diet soda the No. 2 carbonated soft drink in the country behind Coca-Cola, industry data are expected to confirm Thursday.

Occupying the top two rankings would mark a historic win for Coca-Cola Co. in its decades-old rivalry with PepsiCo Inc., which has seen its market share slip in recent years and is trying to retool its marketing. Get the full story »

Barry Diller raises stake in Coca-Cola

Barry Diller, chief executive of IAC/InterActiveCorp, spent $7.4 million on 120,000 more shares of Coca-Cola Co, according to a securities filing made public on Tuesday. Get the full story »

Construction to start on 2 U.S. Steel plants in Gary

U.S. Steel’s Gary Works is set to begin construction on the first two of four plants to produce a coke substitute.

The Indiana Department of Environmental Management issued a source modification permit to the mill onĀ  Lake Michigan last week. U.S. Steel spokeswoman Courtney Boone says the $220 million project is moving into the construction phase. Get the full story »