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Beverages Soft Drinks

  • The citywide tax on distributors would provide Santa Fe an estimated $7.5 million in its first year to expand early childhood education to roughly 1,000 children whose families cannot afford quality prekindergarten and don't qualify for state programs. With the vote, Santa Fe is simultaneously wading into two topics that have provoked heated debates...

  • Coca-Cola Co. and Pepsi Co. soda machines stand in a shopping center parking lot in Jasper, Indiana.

    Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row.

  • April 19- Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row, a report by trade publication Beverage Digest showed, as demand was hit by consumer choosing healthier options and a slew of sugar taxes aimed at stemming obesity and diabetes. These measures come amid a wave of sugar tax approvals in the...

  • The surprising celebrity face of Cherry Coke

    Coca Cola is banking on billionaire Warren Buffett's image as it rolls out Cherry Coke in China for the first time. Sophia Yan reports.

  • After decades-long streak of strong growth, bottled water surpassed carbonated soft drinks to become the largest beverage category by volume in the United States in 2016, according to research and consulting firm Beverage Marketing Corp.. Bottled-water consumption in the United States reached 39.3 gallons per capita last year, while carbonated soft...

  • Pallets of Coke-Cola cans wait to the filled at a Coco-Cola bottling plant on February 10, 2017 in Salt Lake City, Utah.

    Philadelphia's recent soda tax has led to a disastrous decline in beverage sales.

  • March 1- PepsiCo Inc said on Wednesday it would cut 80 to 100 jobs in Philadelphia as the city's new sugar-sweetened beverage tax hurts demand for its products. Philadelphia imposed a tax of 1.5 cent per ounce on sugary and diet drinks to combat rising obesity and diabetes in the city. PepsiCo's beverage sales fell 40 percent in the city because of the tax, company...

  • Coca-Cola Amatil adjusts its supply chain

    Alison Watkins, group MD of Coca-Cola Amatil, says the company will be adapting its portfolio to meet consumer preferences.

  • NEW YORK, Feb 13- A California state senator is taking another stab at introducing a law that would require sugary drink manufacturers to put a warning label on their products, the latest effort in the "War on Sugar." Officials and public health advocates have heightened their criticism of sugar as a key contributor to health epidemics like obesity and diabetes,...

  • Get professional-grade cocktails delivered right to your door

    Do-it-yourself drink kit services deliver the necessary ingredients for a delicious, professional-grade cocktail right to your door.

  • Feb 9- Coca-Cola Co reported better-than-expected quarterly revenue, helped by higher sales of its sodas in North America, its biggest market. Volume sales rose 1 percent in North America, including a 1 percent growth in sales of its carbonated soda drinks such as Sprite and Fanta. The fourth quarter included a $919 million charge related to the refranchising of...

  • Wells Fargo lowers its Coca-Cola 2017 earnings per share estimate to $1.94 from $2.04.

  • An employee delivers cases of Coca-Cola Co. brand soda in Miami Beach, Florida.

    Goldman's Coca-Cola 2017 earnings-per-share estimate is 3 percent below Wall Street consensus.

  • LONDON, Dec 5- Britain moved forward with its planned sugar tax on Monday, publishing draft legislation confirming a two-band levy for sugar-added soft drinks aimed at fighting obesity. In opting for a sugar tax, Britain joins Belgium, France, Hungary and Mexico, all of which have imposed some form of tax on drinks with added sugar. Britain's tax, announced in March,...

  • *Deal value includes tax benefit of about $400 mln. *Bai to add $132 mln to 2017 net sales. Nov 22- Dr Pepper Snapple Group Inc said on Tuesday it would buy antioxidant beverages maker Bai Brands LLC for $1.7 billion in cash, the latest example of a soft-drinks maker investing in products that are perceived to be healthier.

  • Nov 22- PepsiCo Inc said on Tuesday it would buy health beverage maker KeVita Inc, in an effort to diversify its soft drinks business and tap health conscious consumers. California- based KeVita offers more than two dozen flavors of probiotic drinks, and all its drinks are certified organic, gluten-free and vegan, PepsiCo said in a statement.

  • Nov 22- Dr Pepper Snapple Group Inc said on Tuesday it would buy antioxidant beverages maker Bai Brands LLC for $1.7 billion, in cash, in the latest example of a soft-drinks maker investing in products that are perceived to be healthier. Dr Pepper Snapple, which also makes the 7 UP and Schweppes soft drinks, already has a roughly 3 percent stake in Bai.

  • NEW YORK, Nov 10- Chicagoans and other residents of Cook County will see soft-drink prices rise after a new tax on sugary beverages was narrowly approved by county officials on Thursday, aimed at both addressing health issues linked to sugar consumption and trimming a budget shortfall. Voters in San Francisco and two other northern California cities, Oakland...

  • The votes on so-called soda taxes in San Francisco, Albany and Oakland in California and in Boulder, Colorado, came a month after the World Health Organization recommended governments impose such taxes to battle obesity, diabetes and other diet-related diseases. Larry Tramutola, a California political strategist who organized the pro-tax campaigns in San...

  • Nov 9- Voters in San Francisco, California passed a tax on sugar-sweetened beverages on Tuesday, unofficial results showed, as the push by local governments to target soda to stem obesity and diabetes gathered speed. San Francisco Bay Area neighbor Albany, California passed a similar measure, preliminary figures showed and measures in Oakland, California and...