Word: coca-cola
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...three teams of forensic accountants have combed through the company's books, and dozens of executives have made detailed confessions to magistrates in Parma and Milan. Using documents obtained by TIME, it's possible to piece together the inside story of how the company that wanted to be the Coca-Cola of milk went sour...
...Combs would stand out in any food fight, but the School Nutrition Association hails her as a pioneer for her groundbreaking junk-food ban, which takes on suppliers such as Coca-Cola and Frito-Lay that count on selling to schools to establish brand loyalty in kids. Like a growing number of youngsters in the U.S., kids in Texas have been getting fatter. Over a third of all school-age children in the state are overweight or obese, far worse than the national rate of 10% to 15%. By 2040, the costs of treating those kids when they become obese...
...sugar in the meals. Food-service provider Aramark, for instance, offers popular dishes like penne Alfredo made with less fat. Pizza Hut has reconfigured its school pizza to meet the new fat requirements. Frito-Lay brought in baked chips rather than fried ones and cut portion sizes. Coca-Cola, Pepsi and Nestlé hustled in healthier new offerings...
...above reproach, suing to hold WorldCom executives accountable for investor losses and helping lead popular, triumphant crusades for boardroom and executive-suite overhauls at the New York Stock Exchange and Disney. But earlier this year, CalPERS moved from the spotlight to the hot seat when it withheld support from Coca-Cola director and shareholder hero Warren Buffett because Coke's independent-auditor policy was allegedly too lax. At the time, John Castellani, head of the prestigious Business Roundtable, said the CalPERS attack on Buffett was "an absurdity." Then, when CalPERS targeted management at Safeway Inc., the grocer that took...
...income. "He'll let them have just enough" to keep them on board, says Windsor. Expect a tight finish. Ostalgia In A Bottle Things go better with, er, Kofola? Back in the '60s, Czechoslovaks drank a copycat cola by that name, with less sugar and half the caffeine of Coca-Cola. It fizzled after communism fell and Western soft drinks became available. But in 1999, a north Moravia company relaunched Kofola. This year, Czech retail sales of Kofola surpassed Pepsi and challenged Coke, which leads the market with a 25% share; in neighboring Slovakia, Kofola is already No. 1. What...