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China rejects Coke bid to buy juice maker
BEIJING AP - China rejected Coca-Cola Co.'s $2.5 billion bid to buy a major Chinese fruit juice maker Wednesday in a closely watched case that stirred nationalist opposition to the sale of a successful homegrown brand to foreigners.Coca-Cola's purchase of Huiyuan Juice Group Ltd. was rejected on anti-monopoly grounds, the Commerce Ministry said.Supreme Court to hear case deciding corporate liability for foreign torts
The next Citizens United, in the view of some of that decision's most vigorous critics, may have nothing to do with campaign finance or the First Amendment.Instead, corporations in a case U.S. Supreme Court justices will hear this month seek not to spend their money but to avoid doing so by arguing that they have no liability under a 1789 statute for torts committed abroad in violation of international law or U.Stocks could pose conflicts for court prospects
WASHINGTON AP - Some Supreme Court prospects have extensive corporate holdings, including shares in Fortune 500 companies such as General Electric and Microsoft and stock in a manufacturer that recalled lead-paint-coated "Flush Sounds Potty" toilet seats.Since businesses often land in court, a case involving a company in which a justice has financial ties could be trouble.Stocks could pose conflicts for court prospects
WASHINGTON AP - Several prospects to replace Supreme Court Justice David Souter have major stock holdings that could pose conflict-of-interest problems in cases that might come before the court.The stocks include shares in huge companies such as GE and Microsoft, a firm that was involved in a federal investigation and a manufacturer that recalled toys and "Flush Sounds Potty" toilet seats because of lead paint.China defends denial of Coke bid for juice maker
BEIJING AP - China defended its rejection of Coca-Cola Co.'s attempt to acquire a major Chinese fruit juice maker, denying Thursday the decision was protectionist.The Commerce Ministry denied Coca-Cola's $2.5 billion bid Wednesday to buy Huiyuan Juice Group, which would have been the biggest foreign acquisition of a Chinese company.State AI Legislation Is on the Move in 2024
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