Despite incentives from California designed to keep the company in the state as it expands operations, Amy's Kitchen says it found a more competitive offer in Oregon. Gov. Arnold Schwarzenegger has been campaigning to make California more business-friendly.
Analysts seem unmoved by the revelation that the proposed Molson-Adolph Coors Co. merger may not close until next year as the SEC seeks answers to some outstanding questions. Coors submitted some of the hurdles the merger faces to the SEC, including shifting estimates of potential annual savings and the outside chance the merged company might wind up owning the Montreal Canadiens hockey team.
Before the revised nutritional guidelines make their debut in January, U.S. health officials are talking with Americans to make sure "science jargon" does not muddle the message. Changes to the food pyramid also are likely, a revision the food industry is closely watching.
The nomination of Kellogg CEO Carlos Gutierrez as secretary of commerce is being praised by many in the business community, but Gutierrez's past criticism of the U.S. sugar program as "one of the worst forms of protectionism," has the sugar lobby concerned. "We're just going to have to wait and see," one lobbyist said.
Splenda maker Tate & Lyle says it will not be able to ramp up delivery of the popular artificial sweetener until 2006. PepsiCo is revamping its PepsiOne to include Splenda, while Coca-Cola also has Splenda-sweetened beverages in the works; smaller beverage companies are worried they may have to get in line behind the two beverage giants.