Word: month
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...Whatever deal eventually emerges, experts warn that Opel's future is anything but rosy in a car industry beset by a massive erosion of demand. The Financial Times reported that the offer document GM sent out to bidders last month predicted a loss before tax and interest payments of more than $3 billion at its European businesses this year. (See pictures...
...production snags trickle down to the price of a cuppa joe? The signs are that they are starting to. U.S. food company Kraft upped the price of its Maxwell House Colombian ground coffees by roughly a fifth in April. Rival Smucker's made a similar move earlier in the month for its brand, Folgers. Tea drinkers are being milked for more too. Responding to increased market prices, Anglo-Dutch conglomerate Unilever - owner of the PG tips and Scottish Blend brands - plans to increase the cost of its tea bags by about 10% in the coming weeks. Patrons of Starbucks...
...price-conscious consumers in Europe and the U.S., that may augur a shot of good news. Consider the example of cocoa. Futures prices for the crop have tumbled in recent weeks amid signs of dwindling demand for chocolate products in mature markets. The European Cocoa Association said last month that grinding - the process that turns the crop into cocoa butter or powder and a handy proxy for demand - by its members fell 11% in the first quarter of this year. Grinding across the U.S., Canada and Mexico fell by slightly more in the same period. That's prompted some manufacturers...
...behold, the atheist bus war that raged through London earlier this year has led to the opening of a front in the U.S. The Chicago ads were purchased this month (for a total of $5,000) by the Indiana Atheist Bus Campaign...
...That case is now before the Supreme Court, which heard arguments last month. On that day, both Chief Justice John Roberts Jr. and Justice Scalia indicated that they believed New Haven officials were concerned only about the test's failure to produce a desired outcome. When a lawyer representing the Federal Government told Roberts that the government would have supported tossing out the exams if the results of blacks and whites had been reversed, the Chief Justice raised a skeptical eyebrow, and Scalia said, "I don't think you'd say that." Gregory Coleman, an attorney representing the firefighters, told...