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Latest Business News: Coke to Market First 'natural' Mid-calorie Cola

Wochit 0:51 mins

Coca-Cola announced plans to sell a mid-calorie cola sweetened with sugar and the naturally occurring no-calorie sweetener stevia in Argentina, becoming the first to market with a product long seen as being critical to the soda industry's growth. Another blow to the crumbling empire of Paula Deen, Caesars Entertainment Corporation announced that it is severing all ties with the celebrity chef. Caesars will close its Deen-themed restaurants at casinos in Mississippi, Illinois, North Carolina and Indiana. Chipotle Mexican Grill got a new price target from Wall Street that's 19% higher than its last close, giving the burrito chain a lift. Sterne Agee put a $429 price target and a buy rating on the shares of the Denver-based restaurant operator.

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