ATLANTA (AP) — Coca-Cola swung to a fourth-quarter loss after being hit with a $3.6 billion tax charged tied to a sweeping overhaul of the nation’s tax laws. Revenues also plunged as the world’s largest drink maker sells off its bottling operations. Industry analysts have anticipated both as the company reshapes operations, and shares headedContinue reading “Coca-Cola sales plunge as drink maker sheds bottling biz”
Category Archives: COCA-COLA
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$55 Million Worth of Cocaine Showed Up at a Coca-Cola Plant
Coca-Cola is not just a catchy name. When first launched, one of the cola’s key ingredients was coca leaves, the plant that cocaine is derived from. Though the company removed cocaine from the carbonated concoction over 100 years ago, coca leaves are actually still used to flavor Coke. The soda brand has an exemption withContinue reading “$55 Million Worth of Cocaine Showed Up at a Coca-Cola Plant”