Word: llc
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...Drank concept taps into the dominant trend in the beverage industry. Cola sales have sunk as people move to functional drinks that promise to hydrate you, focus you, give you a boost and perhaps calm you down. "Consumers want the added benefit," says Tom Pirko, president of Bevmark LLC, a consulting firm. "If you're a new player, the label on the can better send a very strong message that it's doing something else for you besides just tasting good. The industry is verging on pharmacology...
...fund retiree health-care benefits for GM's blue collar workforce. GM is said to be agreeing to deposit half the $20 billion it owes the VEBA and fund the other half with GM stock. The agreement appears to be very similar to the deal Chrysler LLC reached with the UAW. That deal put the UAW in control of the new Chrysler, with 55% of the stock. The union has also reportedly agreed to cut GM's labor costs, though neither the union nor GM would confirm the figures...
Gordon served as the CEO of Kidder until 1976, and worked at Deltec Asset management LLC until...
...Chrysler Canada alive, including $850 million extended to the ailing automaker at the beginning of the year. Prime Minister Stephen Harper and Ontario Premier Dalton McGuinty have characterized the Canadian contribution as proportional to the $12 billion in emergency loans that the Obama Administration has made available to Chrysler LLC, now under Chapter 11 bankruptcy protection. (See the worst business deals...
...fall in prices, no matter the cause, could be devastating for the pork industry and ultimately bad for consumers. According to Dave Ward and Perry Iverson of Commodity and Ingredient Hedging, LLC, a Chicago-based agricultural-risk-management consulting firm, if prices continue to fall over the coming weeks, there will be fewer pork producers next year - and less pork production, consequently. Assuming demand for pork recovers, this will lead to higher prices long-term...