Why Is Coca-Cola Buying a Stake in Monster?

Aug. 15 (Bloomberg) -- Coca-Cola agreed to swap some brands and buy a 17 percent stake in Monster Beverage Corp. for about $2.15 billion, increasing its bet on the burgeoning energy-drink market. Bloomberg's Duane Stanford has more on "First Up." (Source: Bloomberg)

Former Yellen Adviser Says Recession a ‘Live Possibility’
38:14 - Chair Janet Yellen said the Federal Reserve still expects to raise interest rates gradually while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that policy makers have forecast for 2016. Andrew Levin, an economics professor at Dartmouth College in Hanover, New Hampshire, and a former policy adviser to Yellen when she was the Fed vice chair, speaks to Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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