NEW YORK/WASHINGTON (Reuters) – Some U.S. craft brewers are uneasy about plans by Anheuser-Busch InBev (ABI.BR: Quote, Profile, Research, Stock Buzz) to buy out Mexican beer maker Grupo Modelo (GMODELOC.MX: Quote, Profile, Research, Stock Buzz), fearing the giant’s increased power could make it harder for them to hitch a ride on delivery trucks to stores and pubs.
Brewers, as well as beer wholesalers and members of Congress, have been quietly taking this concern and others to the Justice Department, which is investigating whether the $20.1 billion deal complies with antitrust law. The department has given no sign of being ready to make a decision.
NEW YORK, Oct 31 (Reuters) – New York City commuters endured
hours-long bus trips and bumper-to-bumper traffic on Wednesday
as the city struggled to fix a crippled subway system and get
back to business in the wake of mega-storm Sandy.
Even with many people staying home for a third consecutive
day, New York-area commuters grappled with clogged streets. Some
bicycled to work. Some walked across the Brooklyn Bridge. Others
gave up altogether and turned back home after waiting in vain
for packed buses to take on more passengers.
NEW YORK, Oct 31 (Reuters) – Millions across the U.S.
Northeast stricken by massive storm Sandy will attempt to resume
their normal lives on Wednesday as companies, markets and
airports reopen despite grim projections of power and mass
transit outages around New York for several more days.
With six days to go before the Nov. 6 elections, President
Barack Obama will visit flood-ravaged areas of the New Jersey
shore, where the storm of historic proportions made landfall on
Monday. As his guide, he will have Republican Governor Chris
Christie, a vocal backer of presidential challenger Mitt Romney
who has nevertheless praised Obama and the federal response to
NEW YORK, Oct 30 (Reuters) – The northeastern United States
battled epic flood waters and lengthy power outages on Tuesday
after the massive storm Sandy pummeled the coast with a record
storm surge, high winds and heavy rains that killed at least 45
people and caused billion of dollars in losses.
Millions of people in New York City and other hard-hit areas
will spend days or weeks recovering from a storm already seen as
far more destructive that Hurricane Irene, which slammed into
the same region a year ago. One disaster
modeling company said Sandy may have caused up to $15 billion in
NEW YORK, Oct 30 (Reuters) – Millions of people faced epic
flooding and lengthy power outages on Tuesday after the massive
storm Sandy wreaked havoc in much of the eastern United States
with high winds and heavy rains.
The storm killed at least 45 people, including at least 18
in New York City, and insurance companies started to tally
billions of dollars in losses.
NEW YORK (Reuters) – With New York City’s subway system paralyzed by Sandy’s crippling blow, millions of commuters are rethinking how they will get to work this week, and they are taking it one step at a time.
The storm, which killed 23 people in New York state, closed roads and bridges and flooded tunnels, garages and rail yards, dousing the nation’s largest mass transit system with saltwater, which is corrosive to its electrical system.
NEW YORK (Reuters) – Millions of people were left reeling in the aftermath of the whipping winds and heavy rains of the massive storm Sandy on Tuesday as New York City and many parts of the eastern United States struggled with epic flooding and extensive power outages.
The storm killed at least 40 people, including at least 18 in New York City, and insurance companies started to tally billions of dollars in losses.
NEW YORK, Oct 30 (Reuters) – Millions of people were left
reeling in the aftermath of the massive storm Sandy on Tuesday
as New York City and a wide swathe of the eastern United States
struggled with epic flooding and extensive power outages. The
death toll climbed to at least 30.
Sandy, which crashed ashore with hurricane-force winds on
Monday near the New Jersey gambling resort of Atlantic City as
the biggest storm to hit the country in generations, swamped
parts of New York’s subway system and Manhattan’s Wall Street
district, closing financial markets for a second day.
(Reuters) – WhiteWave Foods Co (WWAV.N: Quote, Profile, Research, Stock Buzz) shares rose almost 12 percent in their New York Stock Exchange debut on Friday, as investors bet on the growth of the organic foods sector.
Shares of the Dallas, Texas-based Dean Foods Co (DF.N: Quote, Profile, Research, Stock Buzz) spinoff opened at $19, up 11.8 percent, after pricing at $17, above the expected range. WhiteWave sold 23 million shares in an upsized deal, raising $391 million in its initial public offering.
(Reuters) – Energy drinks do not always divulge how much caffeine they contain, and when an amount is listed on a label, it is not always accurate, Consumer Reports magazine has found.
According to a study released on Thursday by the magazine, 11 of the 27 top-selling energy drinks in the United States do not specify the amount of caffeine in their beverages.