A spicy cherry soda is making a comeback after almost 25 years.
Coca-Cola said it is bringing back Mr. Pibb, a brand it originally launched in 1972 to compete with Dr Pepper. The soda gained a following for three decades, but it was discontinued in 2001 and rebranded Pibb Xtra.
Now, a reformulated Mr. Pibb returns with 30% more caffeine then Pibb Xtra and new packaging, the Atlanta beverage giant said. Coca-Cola will also offer a zero sugar version.
The sodas are launching in Florida, Chicago, Las Vegas, Michigan and California, with a national rollout planned for 2026. A Coca-Cola spokesperson didn’t immediately respond to a request asking when it would come to Atlanta.
Berkshire Hathaway’s profits rise 17% as Warren Buffett prepares to step down as CEO
Warren Buffett’s company’s profits improved 17% thanks to a relatively mild hurricane season and more paper investment gains this year as Berkshire Hathaway continues to prepare for the legendary 95-year-old investor to relinquish the CEO title in January.
But last month’s $9.7 billion investment in OxyChem won’t do much to diminish the $381.7 billion cash pile that Berkshire was sitting on at the end of September even though it is the biggest deal the company has made in years. The biggest thing on most investors’ minds right now is that Buffett Vice Chair Greg Abel is set to succeed Buffett as CEO in January although Buffett will remain chairman.
