Fifteen months after filing for bankruptcy, Kmart will emerge from Chapter 11 protection today. The retailer has 600 fewer stores, new faces in the executive suite and a $2 billion loan from investor Edward Lampert.
Schools across the U.S. are split over whether to allow soft drinks on school campuses. While soda sales provides a good revenue base for schools, critics say sodas contain no nutritional value and contribute to childhood obesity.
Economists say they expect the Federal Reserve to maintain short-term interest rates at low levels in the coming months. Keeping borrowing costs low would allow businesses and consumers to invest and spend more.
The food-in-a-pill movement of the 1960s gave way to the organic movement, and now people are looking for "functional foods" that maximize nutrition in small doses. But this author warns that taking nutrients out of original food can minimize the nutrients' health benefits.
As the market for organically produced food has grown to the tune of $9 billion a year, companies such as PepsiCo and Coca-Cola are showing that organic doesn't mean small. Pepsi has released organic chips and salsa under its Tostitos brand, and Coke purchased organic juice producer Odwalla.