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Dr Pepper Hires Kimberly-Clark President Torres to Helm Coffee Spinoff","url":"https://stock-news.laohu8.com/highlight/detail?id=2672042751","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672042751?lang=en_us&edition=fundamental","pubTime":"2026-10-01 19:35","pubTimestamp":1790854500,"startTime":"0","endTime":"0","summary":"Keurig Dr Pepper has hired Russ Torres as chief executive of its coffee spinoff, plucking the executive from Kimberly Clark.Keurig Dr Pepper on Thursday said Torres, currently president and chief operating officer of Kimberly-Clark, will join the Frisco, Texas, company on Nov. 3 as CEO of its coffee operating unit prior to spinoff.Torres, who has been Kimberly-Clark's president since May 2025, is currently heading the consumer-products company's integration planning for its $40 billion acquisition of Tylenol maker Kenvue.Kimberly-Clark said Jeff Melucci, its chief strategy, business development and administrative officer, will assume oversight of the integration plans and programs, while Nelson Urdaneta, the Dallas company's chief financial officer, will oversee its synergy delivery plans.Keurig Dr Pepper, which last year unveiled plans to buy Peet's Coffee parent JDE Peet's for $18 billion and to spin off its Peet's and Keurig businesses into a pure-play coffee company, said Torres 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are World Bond Markets Selling Off Again?","url":"https://stock-news.laohu8.com/highlight/detail?id=2672751625","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672751625?lang=en_us&edition=fundamental","pubTime":"2026-10-01 19:14","pubTimestamp":1790853288,"startTime":"0","endTime":"0","summary":"EXPLAINER-Why are world bond markets selling off again?LONDON, Oct 1 -Government borrowing costs from the United States to Germany and Japan have hit freshmulti-decadepeaks on heightened worries about inflation and rising interest rates, along with nagging anxiety about nations' debt loads.Elevated bond yields could squeeze households and companies and worsen government finances.Here's a look at what's behind the move in some major economies.WHAT'S GOING ON?A surge in bond sales tofund AI investmentsis another factor pushing up bond yields.Analysts point to the laws of supply and demand: if there is a jump in the need for borrowing, lenders can demand higher interest rates, pushing up yields.Five of the biggest AI hyperscalers — Alphabet, Amazon, Meta, Microsoft and Oracle — have issued $220 billion of debt already this year as they fund investments in data 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