By Michael Moss for New York Times Sunday Magazine, Feb. 20/24, 2012
On the evening of April 8, 1999, a long line of Town Cars and taxis pulled up to the Minneapolis headquarters of Pillsbury and discharged 11 men who controlled America’s largest food companies. Nestlé was in attendance, as were Kraft and Nabisco, General Mills and Procter & Gamble, Coca-Cola and Mars. Rivals any other day, the C.E.O.’s and company presidents had come together for a rare, private meeting. On the agenda was one item: the emerging obesity epidemic and how to deal with it. While the atmosphere was cordial, the men assembled were hardly friends. Their stature was defined by their skill in fighting one another for what they called “stomach share” — the amount of digestive space that any one company’s brand can grab from the competition.
James Behnke, a 55-year-old executive at Pillsbury, greeted the men as they arrived. He was anxious but also hopeful about the plan that he and a few other food-company executives had devised to engage the C.E.O.’s on America’s growing weight problem. [....]
This was posted over at Crooks and Liars a week or so ago. I have laughed my butt off watching it. No wonder Texas votes for the people they do. Then again I do hang out with a few college students. Isn't American history part of the core courses to graduate?
Business in Crimea has taken a beating since the peninsula’s annexation by Russia. Crimea’s tourism industry collapsed, and companies were cut off from vital suppliers and customers in Ukraine. Now comes the latest blow: nationalization.
From bakeries to shipyards, Crimea’s Kremlin-backed government is moving aggressively to take over businesses that it deems “inefficient,” strategically important, or friendly to the government in Kiev.