Cadbury auctions US soft drink unit amid takeover speculation
Cadbury Schweppes conducts an auction of its US soft drink business as analysts weigh who will bid and whether the unit funds expansion or becomes a target. Kraft Foods, private equity groups Blackstone Kohlberg Kravis Roberts Lion Capital Bain Capital Texas Pacific Group and Thomas H. Lee are cited as potential bidders or acquirers.
MENTIONED IN THIS ARTICLE
Chicago
Cadbury Schweppes PLC
Cadbury
Corwin
Hershey
Northfield
Ill
Kraft Foods Inc
Irene Rosenfeld
Connection Company
Blackstone Group
Kohlberg Kravis Roberts
Lion Capital
Bain Capital
Texas Pacific Group
Thomas H. Lee
Blackstone
NYC Airports Face Persistent Flight Delays Across Region
New York area airports Newark Kennedy and LaGuardia posted the nation’s worst on time performance from January to April with 38 percent of flights delayed or canceled. Delays averaged 95 minutes at Newark and 60 minutes at LaGuardia as experts propose a task force, runway optimization, and a high tech air traffic control upgrade to reduce congestion by years.
MENTIONED IN THIS ARTICLE
New York
Newark Liberty
John F. Kennedy
LaGuardia
Newark
Port Authority of
New Jersey
JetBlue Airways Corp
Dave Barger
Atlanta
Denver
Federal Aviation Administration
R. John Hansman
MIT
International Center For Air Transportation
FAA
Delaware
Connecticut
Airlines
Congress
Frisbee Turns 50 as Pluto Platter Name Takes Flight
Wham O marks half a century since renaming the Pluto Platter Frisbee. Inventor Walter Morrison laments the name but notes its enduring popularity. The Emeryville company defends the trademark and releases collector editions while Morrison collects royalties in Richfield Utah.
MENTIONED IN THIS ARTICLE
San Francisco
Wham-O Inc
Walter
Fred” Morrison
Morrison
Google
Wham-O
Connecticut
Frisbie Pie Co
New England
Rich Knerr
Arthur “Spud
Maryland shoppers embrace personal scanners in Bloom stores
In SCAGGSVILLE Maryland shoppers use handheld scanners to tally items as they shop at Bloom and Martin's stores. The system speeds checkout and aids shopping with price tags recipes and inventory maps. Shoppers are audited to deter skimmed items while store officials emphasize convenience and employee deployment.
MENTIONED IN THIS ARTICLE
Scaggsville
Stephanie Cerneck
Bloom
Washington
Baltimore
Europe
United States
Maryland
Rockville
Martin’s
Eldersburg
Karen Peterson
Food Lion
Delhaize Group
Tracy Pawelski
Martin
Giant Food Stores LLC
Pawelski
Lisa Sympson
Laurel
Marshall Kay
Kurt Salmon Associates
Motorola Inc
Frank Riso
Risa
Riso
New England
International Business Machines Corp
Plano
Texas
Piracy Hits Moore Documentary Sicko Ahead of Release
Hollywood reports that online bootleg copies of Michael Moore’s Sicko are circulating two weeks before its theater debut. Weinstein Co. defends aggressive action to protect the film while industry groups note piracy harms theaters and audiences seek to participate in reform discussions.
MENTIONED IN THIS ARTICLE
Michael Moore
Bellaire
Mich
Weinstein Co
Sarah Rothman
Dan Glickman
Motion Picture Association of America
U.S
Congress
Glickman
Washington
Moore
Rothman
National Association of Theater Owners
Association
John Fithian
The
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Kraft
Intergum
Monkhill Confects
Nyc
Mellin
Knerr
Sion
Word
Fred
Phil Kennedy
Roswell
N.M
Clare Grasso
Bloom Grocery
Laurel, Md