Coca-Cola loses key court case, no longer has access to number-two soda brand in some markets. Fans disappointed by new brand. Pepsi and Coke’s soda wars not limited to cola, Sprite dominates lemon-lime space. Keurig Dr Pepper ends distribution agreement with Coca-Cola, impacting access to Dr. Pepper.
Pepsi launches Teem in 1959, later discontinued. Slice debuts in 1984, eventually replaced by Sierra Mist in 1999. Sierra Mist rebrands unsuccessfully multiple times until 2023 launch of Starry aimed at Gen Z. Dr. Pepper surpasses Pepsi as second-most-popular soda brand by sales volume.
Keurig Dr Pepper gains full control to distribute Dr. Pepper, impacting Coca-Cola venues. Reyes Coca-Cola Bottling may appeal court ruling. Dr. Pepper overtakes Pepsi as second-most-popular soda brand. Legal battle between Keurig Dr Pepper and Reyes Coca-Cola Bottling ends distribution partnership. 1. The stock market reached record highs today, with the S&P 500 closing at an all-time high of 4,500. Investors are optimistic about the economic recovery, as job numbers continue to improve and consumer spending remains strong.
2. A new study published in the Journal of Medicine found that the COVID-19 vaccine is 90% effective in preventing hospitalization and death among those who are fully vaccinated. This data provides further evidence of the vaccine’s effectiveness in reducing severe illness.
3. Hurricane Ida made landfall in Louisiana as a Category 4 storm, causing widespread damage and power outages. Thousands of residents have been evacuated, and emergency response teams are working to provide aid to those affected by the storm.
4. The United Nations released a report stating that the world is not on track to meet its climate goals, with global temperatures projected to rise by 2.7 degrees Celsius by the end of the century. Urgent action is needed to reduce greenhouse gas emissions and mitigate the effects of climate change.
Read more at Yahoo Finance: Coca-Cola drops popular soda flavor from key venues, restaurants
