San Francisco buying coke

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San Francisco buying coke

For the latest business news and markets data, please visit CNN Business. The city is on its way to becoming the first in the nation to pass a law requiring health warnings on all advertisements for sugary drinks, putting soda in the same category as alcohol and tobacco. The San Francisco board of supervisors on Tuesday approved an ordinance requiring beverage companies to place labels on advertisements for soda and other drinks warning consumers that they contribute to obesity, diabetes and tooth decay. It also bans advertising of sugary drinks on city-owned property and prohibits city agencies from buying the beverages. This is a message from the City and County of San Francisco. They would be placed on posters and billboards for beverages that have at least 25 calories per 12 ounces. Related: Food stamp soda ban can save , children from obesity. This is not the first time San Francisco has tangled with the soda industry. The California city known for its progressive politics proposed taxing sugary beverages last year. Related: New Berkeley soda tax costs 68 cents per two liter bottle. Related: Dairy Queen nixes sugary drinks on kids' menu. However, sugary drinks are the largest source of excess calories in the typical American diet, according to Harold Goldstein, executive director of the California Center for Public Health Advocacy. Under city guidelines, the supervisors need to vote on the measure at a second meeting next week. Assuming Mayor Ed Lee approves it, the law will take effect in 30 days. We're no longer maintaining this page. Personal Finance. CNNMoney Sponsors. SmartAsset Paid Partner. These are your 3 financial advisors near you This site finds and compares 3 financial advisors in your area Check this off your list before retirement: talk to an advisor Answer these questions to find the right financial advisor for you Find CFPs in your area in 5 minutes. NextAdvisor Paid Partner.

S.F. State Forgoes Millions as It Drops Plans for Big Soda Contract

San Francisco buying coke

In the context of higher education, it refers to exclusive contracts between universities and beverage companies enabling the firms to sell and promote their products on campus. These deals net universities millions of dollars. The Golden Gate Xpress, the school newspaper, reported this about the Oct. The protesters demanded that the university run all major decisions that effect students through the Associated Students, Inc. What was the school offering in return? Still more! But school president Wong issued a challenge to students concerning the lost revenue. I remain committed to finding ways to generate additional financial support for our students and programs, and I hope that students will join me in this effort. A similar measure failed in San Francisco, but only because it needed a two-thirds majority to pass. Fifty-six percent of voters were in favor of the proposal, to just 44 percent opposed. To learn more about how we use your information, please read our privacy policy. Jon Brooks. Nov 19, Save Article Save Article. Failed to save article Please try again. KQED Stay in touch. Sign up for our daily newsletter. Email Address:. Sign Up. Signed up. Player Sponsored By.

San Francisco buying coke