PepsiCo reported a stronger-than-expected first-quarter profit as the company slashed costs and sold more snacks around the world.
Coca-Cola, the world’s biggest beverage maker, said Tuesday that the amount of soda it sold globally fell for first time in 15 years.
The Food and Drug Administration says there’s no reason to believe that the coloring added to sodas is unsafe. But the agency is taking another look just to make sure.
Coca-Cola keeps the recipe for its 127-year-old soda inside an imposing steel vault that’s bathed in red security lights. Several cameras monitor the area to make sure the fizzy formula stays a secret.
An environmental group said Wednesday that the caramel coloring used in Pepsi still contains a worrisome level of a carcinogen, even after the drink maker said it would change its formula.