FROM David Welch
Tobacco Rivals in Talks to Merge America’s tobacco industry may be re-shaped by a merger of Reynolds-American and Lorillard, this country’s second- and third-largest makers of cigarettes. It’s all about a decline in the US market for traditional cigarettes, and the expected growth of e-cigarettes as a replacement. David Welch reports for Bloomberg News.
Snack Lovers Prepare: Kraft Is Becoming Mondelez Kraft Foods, Incorporated sells $31 billion worth of snack foods around the world. After testing with focus groups in 28 languages, the maker of macaroni and cheese, Oreo cookies and Ritz crackers, Kraft has adopted a new name. When Bell Atlantic merged with GTE, brand-namers combined the Latin word "veritas" with the English "horizon" to come up with the now-familiar "Verizon." " Mondelez " is also a composite, invented to evoke the idea that Kraft Foods products are part of a "delicious world."
Ahead of IPO, GM Posts Largest Quarterly Profit in 11 Years After bankruptcy and a federal bailout, General Motors has made its largest quarterly profit in 11 years. What's good for General Motors may be good politically for Barack Obama. David Welch writes for Bloomberg BusinessWeek .
General Motors on a Collision Course with Bankruptcy General Motors is closer than ever to bankruptcy. It needed 90% of its investors to exchange debt for shares in the company in order to qualify for fed money. GM announced today that it had failed to meet that threshold. David Welch is Detroit Bureau Chief for BusinessWeek magazine.
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.