The Coke Side of Life Just Got Pricier

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Coca–Cola says it will raise prices on its drinks in the U.S. after Labor day.

This follows a loss of $3.7 billion dollars in the second quarter.

Coke's CEO says declining sales and higher costs for commodities are factors in the decision The Atlanta based Coke bottler says it would review its supply chain, operations and price strategy to improve its domestic performance.