Word: colas
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...Where a stunning victory by a former Coca-Cola exec upset the 71-year-old ruling party...
...water is chugging along at a rapid, 30% clip--sodas have suddenly gone flat. Noncarbs, which generally command higher prices, now account for more than half of all industry growth, according to Sanford Bernstein & Co. No wonder, then, that every beverage maker is feverishly working to come up with cola alternatives that promise to be healthy, not just refreshing. Norm Snyder, COO of SoBe, says, "Before, the big boys were just watching from the sidelines, but now they're betting on it with their dollars...
...forgive Pepsi chairman Roger Enrico for bubbling over with enthusiasm last week as he announced the company's $13 billion purchase of food-and-drink giant Quaker Oats. Pepsi, as second fiddle to archrival Coke in the cola wars, doesn't get that many chances to declare victory. So Enrico, who has recently put some fizz back in the company, wasn't about to pass up this rare opportunity. "We are the category captain, 1 1/2 times the size of the next largest player," he declared...
...ACSR's debate on the measures, which involved Coca-Cola, Kellogg, Safeway, PepsiCo, Quaker Oats and McDonald's among others, centered on the question of the lack of evidence about the safety of genetically modified organisms (GMOs). "Everybody agreed there was little information on the safety or danger of these products. People interpreted this fact differently," Tolchin said...
...former Coca-Cola executive will be sworn in as president Friday, after improbably breaking the seven-decade grip on power of the Institutional Revolutionary Party in last summer's elections. Indeed, today's inauguration marks the first peaceful transfer of power from one party to another in 179 years. And nothing Fox learned at Coke or at business school will have prepared him for the challenge of tearing down a corrupt federal bureaucracy comprising 1.6 million people, which has entrenched the interests of a tiny economic elite for the past 70 years...