Cook County, Illinois, home to Chicago, passed a penny-per-ounce tax on soda late last year. The driving force was raising revenue in a state with deep budget woes. But legal challenges delayed the tax going into effect, and a strong campaign from the beverage industry has soured public opinion on the measure. It was repealed […]

McDonald’s is slashing drink prices. Starting in April, you can get any size soda for a buck and drinks like smoothies and frappes for $2. It’s the latest in a number of promotions — from all-day breakfast to three sizes of Big Mac — to keep customers coming back in a time of increased competition.

PepsiCo reports its earnings today. It’s a pivotal time for the company as it continues to move away from the shrinking market for sugary drinks and into the growing market sector of bottled water, worth $42 billion last year. This month the company is launching a new premium brand of bottled water – Lifewtr. It’s […]

Philadelphia is set to become the first major city to introduce a soda tax.