The largest soda companies in the US pledged to reduce their drinks’ calories by 20 percent until 2025. Yes, in about 10 years from now, any beverage sold by PepsiCo, Coca-Cola and the Dr. Pepper Snapple Group will contain a bit less sugar. But is that enough to counter the obesity problem? The announcement took place at the 10th Annual Clinton Global Initiative organized by former president … [Read more...]
Price Deception Allegations Finally Settled in Wal-Mart Case
A settlement has been reached in the Wal-Mart case concerning false advertising claims. Accoridng to Attorney General Eric Schneiderman’s office, the retailer had been continuously selling Coca-Cola 12-bottle packs at inflated prices to New Yorkers. Instead of the Coca-Cola advertised price of $3,00, Wal-Mart had been charging $3.50 for 12-packs of Coca-Cola. The pricing gaffe cost the retailer … [Read more...]
Obama Promised More Than $33 Billion in Public and Private Investments in Africa
President Barack Obama sees Africa’s fast-growing economies as a great opportunity for U.S. companies to expand their investments. Companies such as Coca-Cola, Marriott Hotels and General Electric expressed their interest in investing as soon as their governments decrease corruption and human rights abuses. Obama promised more than $33 billion in public and private investments in Africa, thus … [Read more...]
