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1:04 am
Thu November 15, 2012

Why Coke Cost A Nickel For 70 Years

An oilcloth sign advertising Coca-Cola from 1905.
The Coca-Cola Company

Originally published on Mon November 19, 2012 11:04 am

Prices change; that's fundamental to how economies work.

And yet: In 1886, a bottle of Coke cost a nickel. It was also a nickel in 1900, 1915 and 1930. In fact, 70 years after the first Coke was sold, you could still buy a bottle for a nickel.

Three wars, the Great Depression, hundreds of competitors — none of it made any difference for the price of Coke. Why not?

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The Two-Way
9:00 pm
Wed November 14, 2012

As Xi Jinping Takes Top Post In China, Hopes Of Reform Fade

Chinese leader Xi Jinping earlier today in Beijing.
Mark Ralston AFP/Getty Images

Originally published on Thu November 15, 2012 6:10 am

  • Louisa Lim on 'Morning Edition'

Though new Chinese leader Xi Jinping "didn't once mention Marxism or Mao Zedong" today as he stepped into his new role, the make-up of the "gang of seven" that he now heads "will disappoint those hoping for sweeping reform," NPR's Louisa Lim reports from Beijing.

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The Two-Way
3:46 pm
Wed November 14, 2012

General Allen Says He Will 'Fully Cooperate' With Investigation

Marine Gen. John Allen.
Alex Wong Getty Images

Originally published on Wed November 14, 2012 4:00 pm

Marine Gen. John Allen says he will "fully cooperate" with the Pentagon's Inspector General's investigation into his communication with Jill Kelley.

Allen has been at the center of a scandal that led to the resignation of CIA director and retired four-star general David Petraeus.

In a statement issued on his behalf by the Marine General Counsel, Allen also said he wants to resolve the matter in an expedient fashion.

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It's All Politics
3:04 pm
Wed November 14, 2012

Obama Says He Has One Mandate: To Help The Middle Class

President Obama acknowledges reporters after his White House news conference on Wednesday.
Chip Somodevilla Getty Images

Originally published on Wed November 14, 2012 3:49 pm

A president just re-elected has arguably the most political capital he's likely to have during his entire second term.

And President Obama clearly has some capital, though he didn't overtly refer to it or vow to "spend it," as his predecessor George W. Bush famously said upon his 2004 re-election.

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Shots - Health News
2:57 pm
Wed November 14, 2012

Lawmakers Clash With FDA Over Meningitis Outbreak

New England Compounding Center co-owner Barry Cadden went to Capitol Hill for a congressional hearing Wednesday on the fungal meningitis outbreak. Choosing to take the Fifth Amendment, Cadden did not testify.
Susan Walsh AP

Originally published on Wed November 14, 2012 4:17 pm

Members of a House subcommittee clashed repeatedly Wednesday with U.S. Food and Drug Commissioner Margaret Hamburg over the outbreak of meningitis caused by contaminated steroid injections.

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