Headlines

Cool, Wet Streak Damps Soda Sales

Beverage companies might have some choice words for Mother Nature when they report their second-quarter results in the coming days. Coca-Cola Co., PepsiCo Inc. and Dr Pepper Snapple Group Inc. are expected to disclose weak U.S. sales in the wake of a chilly spring and the wettest June in decades. That's not the kind of weather that drives Americans into the arms of a cold drink, likely exacerbating a nearly decadelong decline in domestic soda consumption amid obesity concerns. (WSJ)