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Health groups bolster NYC big-soda-ban efforts PDF  | Print |  E-mail
Written by Associated Press   
Monday, 28 April 2014 14:59

NEW YORK (AP) — New York City's push to ban big sodas is getting a boost in court from health organizations and hospitals.

The National Alliance for Hispanic Health and nine other entities filed a brief Monday. They're calling the rule a "reasonable and measured attempt" at stemming a tide of obesity, diabetes and other illnesses.

The group says those problems are prevalent in minority communities where beverage companies target their marketing to particular ethnic groups.

New York's ban on purchasing soft drinks larger than 16 ounces is on hold pending an appeal. A hearing is scheduled for June 4.

The American Beverage Association represents soft drink companies.

A spokesman says it's received support from numerous groups and is confident the court will uphold a ruling that the city overstepped its authority.


Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
Philips sells audio arm to Gibson for $135 million PDF  | Print |  E-mail
Written by Associated Press   
Monday, 28 April 2014 06:32

AMSTERDAM (AP) — Dutch technology company Philips says it has struck a deal with music company Gibson Brands of the U.S. to sell its audiovisual equipment business for $135 million.

Philips is still locked in arbitration with Japan's Funai after a similar deal to sell the same businesses for $200 million fell apart last year, but said that won't affect the new agreement.

The companies said the deal makes sense as Gibson is big in Japan and the U.S., while Philips is strong in Europe, China and Latin America.

The audiovisual equipment business employs some 1,900 people and makes home audio systems, headphones, speakers, portable audio and video players, media players, telephones and more.

It turned a marginal $4.1 million (3 million euro) profit in 2013, on sales of $1.3 billion.


Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
Toyota moving U.S. base from California to Texas PDF  | Print |  E-mail
Written by Associated Press   
Monday, 28 April 2014 14:58

TORRANCE, Calif. (AP) — Toyota said Monday that it will move its U.S. headquarters from California to Texas.

Toyota will break ground this year on a new headquarters in Plano, Texas, a suburb of Dallas. Small groups of employees will start moving to temporary office space there this year, but most will not move until late 2016 or early 2017 when a new headquarters is completed.

The new campus will bring together approximately 4,000 employees from sales, marketing, engineering, manufacturing and finance who are now scattered around the country. That includes 2,000 employees at the current headquarters in Torrance, Calif.; 1,000 employees at Toyota's engineering and manufacturing center in Erlanger, Ky.; and 1,000 employees at Toyota Financial Services.

Jim Lentz, Toyota's CEO for North America, said the new headquarters will enable faster decision making and better collaboration.

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Closing arguments set in Apple-Samsung trial PDF  | Print |  E-mail
Written by MARTHA MENDOZA, AP National Writer   
Monday, 28 April 2014 06:30

SAN JOSE, Calif. (AP) — The high-stakes battle between the world's largest smartphone makers is scheduled to wrap up this week after a monthlong trial that has pulled the curtain back on just how very cutthroat the competition is between Apple and Samsung.

Closing arguments in the patent-infringement case are scheduled to begin Monday, with the two tech giants accusing each other, once again, of ripping off designs and features. At stake: $2 billion if Samsung loses, a few hundred million if Apple loses.

Teams of attorneys on both sides have spent the month trying to poke holes in obscure and bureaucratic patent legal claims, while keeping the eight jurors engaged. Drawing the most attention in the courtroom and the media are insider emails and meeting presentations documenting the frustration each company faced as they competed for market share.

Less than a year after Apple unveiled its iPhone in 2007 combining a web browser, music player and phone in one swipeable device, Samsung officials noted they were quickly losing customers.

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