Coca-Cola and Pepsi are usually bitter enemies, but when PepsiCo Inc. got a letter offering to sell Coke trade secrets, it went straight to its US corporate rival.

Wall Street finished its worst week of the year with a moderate decline today as persistent unease over inflation and interest rates kept investors nervous about buying.

US stocks made a modest advance today as strong earnings from Yahoo Inc. and United Technologies Corp helped investors briefly set aside worries over inflation and rising oil prices.

Declining oil prices and weakness in other commodities sent stocks lower today, as investors took profits and beat up the stocks that led Wall Street’s early January rally.

Coca-Cola, Pepsi and other soft drinks manufacturers have agreed to end the targeting of young children in their marketing campaigns in Europe as part of a European Union drive to fight rising obesity among youngsters.

Another series of attacks in London unnerved Wall Street today, sending stocks falling as investors looked past strong earnings and China’s decision to revalue its currency.

Revlon Inc, announced today that Jeffrey M Nugent, its president and chief executive officer who came on board two years ago to spearhead the cosmetic giant’s turnaround, has resigned.