Quickservice chains including Jack in the Box and Wendy's International are promoting their value menu items but are not expected to participate in a burger price war, which in 2003 caused a squeeze on profits, one writer notes. The value menus are geared toward typical quickservice customers -- males aged 15 to 30.
Nestle's wellness unit, which launched this year, focuses on developing nutritional foods, but the company is not ignoring its traditional chocolate business. Devoting itself simultaneously to sweets and healthy products helps it meet the "schizophrenic" behavior of consumers, said a company executive.
The FDA has given fast-track status to Cell Therapeutics' Xyotax, an experimental anti-tumor treatment. The biotech hopes the FDA will approve Xyotax for women with advanced, non-small cell lung cancer.
Mexico is confronting many issues as it prepares for a presidential election in July, but one thorny topic that remains under the radar is a lack of competition in the telecom market, which is dominated by Telmex.
Openly gay former NFL player Roy Simmons and his attorney allege that the league did not grant Simmons access to the Super Bowl media center and a party because he is gay and HIV positive. Simmons said he wanted to talk about the importance of HIV testing.