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New York City is asking appeals judges to reinstate a ban on supersized sodas and other sugary drinks, which was struck down by a Manhattan judge the day before it was to go into effect.The city had vowed an appeal and said Thursday that lawyers had filed it late Monday.In his decision on March 11, State Supreme Court Justice Milton Tingling said the 16-ounce limit on sodas and other sweet dri...
Watch out, New York restaurants. The soda police are coming to get you. Mayor Michael Bloomberg's controversial ban on large sugary drinks hits Tuesday and along with it comes an initiative to make sure restaurants are following the rules.
At barbecue joints, coffee counters and bottle-service nightclubs, a coming clampdown on big, sugary soft drinks is beginning to take shape on tables and menus in a city that thrives on eating and going out.
Coca-Cola Co. gave Chairman and CEO Muhtar Kent a pay package worth $21.6 million last year, as the world's biggest beverage maker navigated shifting drinking habits in the U.S. and sold more of its drinks overseas. The compensation is up from the $21.2 million Kent received in 2011, according to an Associated Press analysis.
PepsiCo Inc stood by its full-year forecast on Wednesday despite beating earnings expectations in the third quarter as it pours money back into its business.