Posted by Dale Buss on April 3, 2013 09:01 AM
JCPenney slashes CEO Ron Johnson's pay, woos fashionistas with store-in-store bijoux bars.
Facebook dispute over Timeline trademark will go to jury trial; faces questions about new smartphone.
Tesla CEO Elon Musk will personally guarantee car buyback values as company introduces leasing.
A&W introduces Mini Polar Swirls via Vine.
Angelina Jolie opens school in Afghanistan funded by her jewelry collection.
Apple begins production of refreshed iPhone this quarter.Continue reading...
Posted by Sheila Shayon on January 14, 2013 06:07 PM
Makers of energy drinks may face mounting scrutiny after federal data revealed more American youths are landing in the emergency room due to complications doctors tie to overuse of the beverages.
From 2007 to 2011, the number of emergency hospital visits involving the highly caffeinated energy drinks doubled — from 10,068 to 20,783, according to the Substance Abuse and Mental Health Services Administration.
Marketers have succeeded wildly in recent years at selling the drinks to teenagers as physical and mental boosters. Red Bull claims to "give you wings," while Monster Energy boasts of a "killer energy brew." All told, the drinks — which comprise the fastest-growing sector in the beverage industry — brought $10 billion in sales in 2012.
While the number of young patients increased the most, the highest percentage of increase in emergency room visits attributed to the beverages was found in patients age 40 and over. The older patients went from 1,382 related visits in 2007 to 5,233 visits in 2011 — a 279 percent increase, the study said.Continue reading...
Posted by Dale Buss on December 11, 2012 08:57 AM
Delta buys 49% of Virgin Atlantic, as Virgin's Aer Lingus hookup mocked by Ryanair and Branson bets on future of the brand. American Airlines, meanwhile, says decision on pursuing US Airways merger is coming soon.
HSBC to pay record U.S. penalty on money laundering.
Diageo terminates talks on "future" of Jose Cuervo.
AIG shares yield $7.6 billion to U.S. government, boosting taxpayers' overall profit to nearly $23 billion.
AOL postpones premiere of hip-hop-inspired TV ad.
Boeing faces revived concerns about 787.
Burberry launches Christmas events and global review.
Burger King expands digital marketing.Continue reading...
Posted by Dale Buss on November 16, 2012 09:01 AM
Hostess Brands makes good on threat to to go out of business because of strike, selling off Wonder Bread, Twinkies, Ding Dongs and other iconic brands.
5-Hour Energy sees parent's bond ratings hurt by FDA probe into deaths as Rockstar is added to energy-drinks probe.
BP doesn't end brand woes with Gulf settlement as U.S. shifts toward holding individual executives responsible for disaster.
Apple sees stock hit by panic selling.
Applebee's introduces spirits-infused menu.
Burger King expands home-delivery test to Houston.Continue reading...
brands under fire
Posted by Dale Buss on November 15, 2012 05:22 PM
Competition from huge and established beverage brands hasn't been able to dent 5-Hour Energy's dominance in the energy-shot segment it created. And criticism of its elixirs by nutritionists and dietitians hasn't been able to slow its sales past the $1-billion-a-year mark.
But here's something that might take a bit of fizz out of 5-Hour Energy: The drinks have been cited in the deaths of 13 people in the last four years, according to reports received by the U.S. Food & Drug Administration. The New York Times reported, "Since 2009, 5-Hour Energy has been mentioned in some 90 filings with the FDA, including more than 30 that involved serious or life-threatening injuries like heart attacks, convulsions and, in one case, a spontaneous abortion."
The energy shot made by a suburban-Detroit-based company, Living Essentials, has been associated with 92 "adverse-event reports" over that period, including 32 hospitalizations, an FDA spokeswoman told a number of publications. The death reports comprise open cases being investigated by the agency. The FDA stressed that there is no evidence linking the 5-Hour Energy brand to the deaths or hospitalizations, but that the agency continues to investigate the reports.
5-Hour Energy spokeswoman Elaine Lutz said in a statement that 5-Hour Energy takes "reports of any potential adverse event tied to our products very seriously" and that the company complied "with all of our reporting requirements" to the FDA. She also noted that the shots are intended for "busy adults" and that 5-Hour Energy is an effective dietary supplement and not a beverage or energy drink.Continue reading...
Posted by Dale Buss on November 15, 2012 09:04 AM
5-Hour Energy consumption cited for possible involvement in deaths.
Abercrombie & Fitch credits faster reaction times for bump in results.
BBC scrutiny continues as broadcaster celebrates 90th.
BP nears settlement with federal government on Gulf spill.
Best Buy battles skeptics with turnaround plans.
Checkers opens restaurant in a Walmart.
Chick-fil-A ranked No. 1 chicken chain in new survey.Continue reading...
sip on this
Posted by Dale Buss on August 29, 2012 12:25 PM
Even as New York City Mayor Michael Bloomberg awaits final implementation of his ban on too-large soft drinks in New York City, the state's attorney general now is investigating whether the energy-drink industry is deceiving consumers with misstatements about the ingredients and health value of its products.
Subpoenas went out in July to Living Essentials, maker of market leader 5-Hour Energy; to PepsiCo Inc., maker of Amp; and to Monster Beverage, the other big brand in the category, according to the Wall Street Journal. The state is seeking more information on the companies' marketing and advertising practices.
The AG's concern is that the marketers overstate the role of exotic-sounding ingredients such as taurine, ginseng and guarana while understating the significance of caffeine as the primary active ingredient in energy drinks and shots The products' labels often don't say how much caffeine is contained in the drink or how it is obtained. Continue reading...
Posted by Dale Buss on August 28, 2012 08:47 AM
5-Hour Energy and other energy-drink makers face New York state probe over ingredients and marketing.
Amazon reshapes computing with its cloud power.
Apple moves post-ruling efforts toward banning some Samsung phones from U.S. market as Korean company vows to fight, and Google looks at implications of case for its own business.
Avis drops "We Try Harder" tagline after 50 years in favor of "It's Your Space."
Axe enlists Jim Henson's shop to help with latest campaign.
Best Buy board steps to the side so founder can proceed with effort to take over company.
Boeing adds third line for Dreamliner assembly.
Bravo plans to launch another Top Chef spinoff.
Chevron marshals cash as investors wonder what energy company will do with it.
Disney sails through summer behind long-term plans.Continue reading...