Back To Work…
Nearly 40,000 striking Verizon (VZ) workers will return to work on Wednesday after the company and unions reached a tentative contract agreement. The new agreement includes a new call center creating 1300 jobs, raises over the next four years, and changes to the employee health care plan to save the company money. The new contract, subject to the approval of union members, stands to end one of the largest U.S strikes in years.
Red, White, and Blue…
Coca-Cola (CCE) will roll out a new can design to celebrate its 75-year partnership with the United Service Organization. The new “I’m proud to be an American” limited edition red, white, and blue cans will honor members of the military and feature a flag in the can’s design. The cans and packs will be available in stores through July 4th.
Asia: Asian shares started their week in the green as a report predicts Chinese shares will become part of the MSCI index this year.
Europe: European markets closed slightly higher on Friday as investors waited for hints from Janet Yellen.
U.S.: U.S. stocks closed higher on Friday, after Fed Head Janet Yellen said it would probably be appropriate in the next few months for another interest rate hike. DJIA: +44.93 17873.22 S&P: +8.98 2099.06 NASDAQ: +31.74 4933.51
Word of The Day:
A graphical representation of the relationship between the price and the quantity demanded for a given period of time.
Dinner or Drink:
Brazilian Iced Chocolate Coca-Cola
2 Oz unsweetened chocolate
1/4 cup sugar
1 cup double-strength hot coffee
2 1/2 cups milk
1 1/2 cups Coca-Cola® chilled
In the top of a double-boiler over hot water, melt the chocolate squares. Stir in the sugar. Gradually stir in hot coffee, mixing thoroughly. Add the milk and continue cooking until all particles of the chocolate are dissolved and the mixture is smooth, about 10 minutes. Pour into a jar. Cover and chill. When ready to serve, stir in the chilled Coca-Cola. Serve over ice cubes in tall glasses. For a beverage, top with whipped cream. For a dessert, add a scoop of vanilla ice cream. Makes 5 cups.
Like our drink today, click here for more.