Tag: Yahoo Finance

UPDATE 1-Smaller, thinner, less sweet snacks? Mondelez makes health drive

Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds to consumer demands for healthier products, underlined by a survey released on Monday. Under pressure from governments and health advocacy groups in recent years, chocolate companies including Mondelez and Nestle have raced to develop products with less sugar, in smaller pack sizes and with prominent portion suggestions....

Tesla unveils first vehicles built in China

A milestone for Tesla as the company unveils its first cars built in china. Tesla's plant in Shanghai is the first in China that is wholly owned by a foreign carmaker and the company's foothold in China gives them access to the world's largest car market. Pras Subramanian joins the show to discuss more....

Comcast Faces Call for Breakup in Legal Fight With Byron Allen

(Bloomberg) -- With Comcast Corp.’s fight against media mogul Byron Allen’s racial-discrimination lawsuit about to reach the Supreme Court this week, a congressman has weighed in with a call to dismantle the cable and entertainment giant.Allen, the former comedian who controls Entertainment Studios Inc., alleges that Comcast’s unwillingness to carry most of his cable channels is discriminatory. The U.S. Court of Appeals for the Ninth Circuit ruled in June that the suit could go forward, and the Supreme Court agreed to hear Comcast’s appeal of that ruling.At issue is Comcast’s agreement to carry independent TV networks as a condition of its 2011 acquisition of NBCUniversal. Allen maintains that Comcast’s refusal to carry Entertainment Studios networks such as ES Lifestyle Network, Comedy.TV and Cars.TV violates the memoranda of understanding reached under the deal.Representative Bobby Rush agrees. “Simply put, it is my belief that the Comcast Corporation needs to be broken up,” the...