Wall Street Journal
Marketplace
David Zinczenko, editor-in-chief of Men's Health, talks with Kai Ryssdal about his new book, Drink This, Not That! Among his observations: Snapple Antioxidant Water has as much sugar as two Good Humor Eclair bars.
Bloomberg News
Bloomberg News columnist Matthew Lynn, writing out of London, has a contrarian piece of advice for BP executives. Stop groveling to Americans, wringing your hands at every photo op. It's not going to do any good anyway -- you'll be about as popular as the Third Reich in 1946 not matter what you do and, besides, the U.S. is filled with a bunch of whining, two-faced oil addicts. Instead of the apologetic, by-the-book PR campaign it has been conducting, Lynn, with tongue seemingly apart from cheek, writes that BP "should tell the U.S., and everybody in it, to …
Wall Street Journal
Scotch whisky is becoming a fashionable drink in developing countries, Paul Stone reports, and liquor companies are expanding production at a rate not seen in 40 years. Demand is also increasing in Scotch's largest market, the U.S., where the value of imports rose 13% last year over 2008. Christian Porta, chairman and CEO of Pernod Ricard's whisky and gin business Chivas Brothers, sees nothing but growth ahead. "Consumers will try to make statements about their success, and whisky is perfect for that," observes Sebastian Concha, global drinks analyst at insight firm Mintel. "This is a big driver across …
The Dallas Morning News
Coca-Cola and Dr Pepper Snapple Group announced yesterday that the former would distribute some of the latter's soft drinks in the U.S. and Canada. The deal is valued at about $715 million to Dr Pepper. The agreement has an initial term of 20 years and includes space for Dr Pepper and Diet Dr Pepper in Coke's new Freestyle fountain dispenser, Karen Robinson-Jacobs reports. The self-serve fountains allow consumers to select from more than 100 soft drinks and Dr Pepper says it will invest up to $135 million to boost the Freestyle business. Dr Pepper spokesman Greg Artkop …
Chicago Tribune
Walgreens says it is ending its relationship with competitor CVS Caremark's pharmacy benefits management business over the next three years because of problems it has with both prices and policies. But some analysts see the announcement as a ploy. "We believe Walgreens' actions represent a negotiating tactic, albeit a very aggressive one, to garner increased reimbursement from Caremark," Bernstein Research analysts say. "Reimbursement from Caremark represents 7% of Walgreens' total revenue of approximately $4.6 billion." Walgreens cites examples such as CVS' promotion of prescription drug plans for patients with chronic conditions that requires it to use CVS …
San Jose Mercury News, The Guardian, CNET
At one point yesterday, Apple CEO Steve Jobs said: "I grew up with 'The Jetsons.' And I dreamed about this." He was talking about the video chat capability of the next-generation iPhone he unveiled to generally rave reviews. It's also thinner, has a higher-resolution display, can multi-task, has HD video capabilities, comes with a longer-lasting battery and, according to Tabulous game developer Bart Decrem, generally "blows the competition away." It's still available exclusively on the AT&T network in the U.S., however, though John Boudreau speculates that it could hook up with Verizon as early as the …
Washington Post
WARC
Brand Republic