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Wednesday, May 30, 2012
NYT Breaking news: New York Plans a Ban on Big Sizes of Sugary Drinks
Breaking News
The New York Times
Wednesday, May 30, 2012
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New York Plans a Ban on Big Sizes of Sugary Drinks
New York City plans to enact a far-reaching ban on the sale of large sodas and other sugary drinks at restaurants, movie theaters and street carts, in the most ambitious effort yet by the administration of Mayor Michael R. Bloomberg to combat rising obesity.
The proposed ban would affect virtually the entire menu of popular sugary drinks found in delis, fast-food franchises and even sports arenas, from energy drinks to pre-sweetened iced teas. The sale of any cup or bottle of sweetened drink larger than 16 fluid ounces — about the size of a medium coffee, and smaller than a common soda bottle — would be prohibited under the first-in-the-nation plan, which could take effect as soon as next March.
Read More:
http://www.nytimes.com/2012/05/31/nyregion/bloomberg-plans-a-ban-on-large-sugared-drinks.html?emc=na
Wednesday, May 30, 2012
-----
New York Plans a Ban on Big Sizes of Sugary Drinks
New York City plans to enact a far-reaching ban on the sale of large sodas and other sugary drinks at restaurants, movie theaters and street carts, in the most ambitious effort yet by the administration of Mayor Michael R. Bloomberg to combat rising obesity.
The proposed ban would affect virtually the entire menu of popular sugary drinks found in delis, fast-food franchises and even sports arenas, from energy drinks to pre-sweetened iced teas. The sale of any cup or bottle of sweetened drink larger than 16 fluid ounces — about the size of a medium coffee, and smaller than a common soda bottle — would be prohibited under the first-in-the-nation plan, which could take effect as soon as next March.
Read More:
http://www.nytimes.com/2012/05/31/nyregion/bloomberg-plans-a-ban-on-large-sugared-drinks.html?emc=na
NYT Global Update:: India's Economy Slows, With Global Implications
Global Update
TOP NEWSTaylor Receives 50 Years for 'Heinous' Crimes in WarBy MARLISE SIMONS and J. DAVID GOODMAN
Charles
G. Taylor, a former president of Liberia and the first former head of
state convicted in an international court since World War II, was
sentenced for crimes in Sierra Leone.
British Court Clears Way for Extradition of WikiLeaks FounderBy JOHN F. BURNS and RAVI SOMAIYA
Britain's
highest court ruled on Wednesday that the WikiLeaks founder, Julian
Assange, should be deported to Sweden to face allegations of sexual
abuse there.
Ex-Aide to Cameron Detained in Perjury CaseBy SARAH LYALL
Andy
Coulson, the former editor of The News of the World, is held on
suspicion of lying under oath about phone hacking during his testimony
in a 2010 case involving a Scottish politician.
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MultimediaOpinion |
WORLDIndia's Economy Slows, With Global ImplicationsBy JIM YARDLEY and VIKAS BAJAJ
India's problems have dampened hopes that it, along with China and other non-Western economies, might help revive global growth.
In China, a New Round of StimulusBy MICHAEL WINES
Spooked
by a slowing economy, leaders have begun opening the financial spigots,
but they are signaling that the spending will fall short of levels
during the downturn.
As Afghan Detainees Are Transferred, U.S. Keeps Its GripBy ROD NORDLAND
Operations
at the Parwan Detention Facility point out a gap between nominal Afghan
control and the reality of lasting American authority.
BUSINESSA Lawyer Skilled at Scandal Cleanup Presses for Tougher Banking RulesBy ANNIE LOWREY
Dennis
Kelleher, who built a reputation cleaning up after crises, runs Better
Markets, a nonprofit that pushes for tighter regulation of American
banks.
European Officials Caution France and Warn of Challenges in SpainBy JAMES KANTER and PAUL GEITNER
Call
for greater integration comes as the European Commission prodded
national capitals to live up to the budget rules they had already agreed
on.
Europe Fears Bailout of Spain Would Strain Its ResourcesBy LANDON THOMAS Jr.
With
a bailout of Spain becoming a more distinct possibility, European
policy makers are questioning who will provide the money that Madrid
needs to stay in business.
TECHNOLOGYWasting Time Is New Divide in Digital EraBy MATT RICHTEL
As
access to devices has spread, children in poorer families are spending
considerably more time using them for purposes other than for education.
DealBookTechnical Trading Issues to Blame for Facebook's Fall, Meeker SaysBy EVELYN M. RUSLI
Speaking
at the AllThingsD D10 conference on Wednesday, the former Morgan
Stanley analyst described Facebook's initial public offering as a
"financial tsunami," but placed most of the blame on the string of
technical glitches that affected Facebook's stock on its first day of
trading.
Bits BlogRIM Shares Drop, and Analysts Warn of Further TroubleBy IAN AUSTEN
Research
in Motion's warning that it may lose money in its current quarter
pushed down the BlackBerry maker's already depressed shares and led
analysts to say the worst is yet to come.
SPORTSA Risky Trip Outside the Protective CocoonBy ROB HUGHES
England's players will visit Auschwitz before the start of Euro 2012, but who knows how players will respond to what they see?
Concerns of Racism Ahead of Euro 2012By JERÉ LONGMAN
British
authorities fear racial abuse of players and fans in Poland and
Ukraine, hosts of the soccer championships, and the families of two of
England's black players say they may not attend.
Djokovic, Azarenka Advance; Federer Sets Record With WinBy THE ASSOCIATED PRESS
With
a victory in the second round at the French Open, Roger Federer broke a
tie with Jimmy Connors for most career wins at major tournaments in the
open era.
U.S. NEWSAfter Seeing a Dismal Reflection of Itself, a City Moves to ChangeBy JESS BIDGOOD
Residents
of Lawrence, Mass., are banding together to try to reshape the city's
image, battered by unemployment, high crime rates and investigations of
officials.
College Gap Grows, Leaving Manufacturing Cities BehindBy SABRINA TAVERNISE
Cities
that once depended on manufacturing jobs are finding it hard to compete
with already highly educated areas for college graduates, a key
ingredient in a transformation.
Public-Place Laws Tighten Rein on Sex OffendersBy IAN LOVETT
Communities
around the country have gone beyond regulating where sex offenders can
live and begun banning them outright from a growing list of public
places.
OPINIONOp-Ed ContributorTwo Homes, a World ApartBy JOHN M. RODGERS
It's always a jolt to leave the buzz of Asia for a rustic setting where your heartbeat in the night can be deafening.
Op-Ed ContributorsGoing Directly to Israelis and PalestiniansBy SHLOMO BEN-AMI, THOMAS C. SCHELLING, JEROME M. SEGAL and JAVIER SOLANA
The U.N. should appoint a panel that would shape a peace deal acceptable to a majority of Israelis and Palestinians.
Op-Ed ContributorHow China Flouts Its LawsBy CHEN GUANGCHENG
The fundamental question the Chinese government must face is lawlessness. China does not lack laws, but rather the rule of law.
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GraphicCBS NEWS | Political hotsheet Top Stories: Poland urges "explicit reaction" on death camp gaffe
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DealBook | DealB%K afternoon Edition: At Gupta Trial, Seeking to Discredit Galleon Traders
Wednesday, May 30, 2012
TOP STORY
At Gupta Trial, Seeking to Discredit Galleon Traders To
discredit prosecution witnesses, lawyers defending Rajat K. Gupta, a
former director of Goldman Sachs and Procter & Gamble, sought to
portray the Galleon Group hedge fund as a place where traders routinely
boasted about their inside connections that did not exist.
- DEALBOOK »
DEALBOOK HIGHLIGHTS
Technical Trading Issues to Blame for Facebook's Fall, Meeker Says Speaking at the AllThingsD D10 conference on Wednesday, the former Morgan Stanley analyst described Facebook's initial public offering as a "financial tsunami," but placed most of the blame on the string of technical glitches that affected Facebook's stock on its first day of trading.Bain Capital Said to Plan Raising New Fund Bain Capital will soon begin raising its 11th leveraged buyout fund, with an aim of drawing in about $8 billion from investors, a person briefed on the matter told DealBook on Wednesday.KPN Rejects America Movil's Official Bid The Dutch telecommunications company KPN rejected an official offer from América Móvil, owned by the billionaire Carlos Slim Helú, continuing to say the $3.2 billion bid was too low. Now KPN shareholders will have a month to decide.Rockefeller and Rothschild Dynasties Join Forces RIT Capital Partners, the investment trust chaired by Jacob Rothschild, has agreed to buy a minority stake in the investment and wealth management firm Rockefeller Financial Services.BUZZ TRACKER
A Lawyer Skilled at Scandal Cleanup Presses for Tougher Banking Rules Dennis Kelleher, who built a reputation cleaning up after crises, runs Better Markets, a nonprofit that pushes for tighter regulation of American banks, reports Annie Lowrey for The New York Times.LOOKING AHEAD
Economic Reports Data released on Thursday will include the Chicago purchasing managers index for May.Corporate Earnings No earnings of note for the week.In the United States Retailers will report May sales for stores open more than a year on Thursday. A House Transportation subcommittee will conduct a hearing about realignment and consolidation at the Federal Aviation Administration. Two House Energy and Commerce subcommittees will conduct a hearing about oversight of the Nuclear Regulatory Commission. A House Energy and Commerce subcommittee will conduct a hearing about an international proposal to regulate the Internet._____________________________________________________________________________________DealBook Video
Business Day Live: India's Economy Slows The BlackBerry maker Research in Motion projects more losses. India faces sluggish growth and tough economic choices. Most aid to Greece skips over Greek citizens.- Advertisement
Stocks and Markets in the News | Wall Street at Close: U.S. Erased yesterday's gains, as mounting stresses on Spain banking system
SAN FRANCISCO (MarketWatch) -- U.S. stocks tumbled more
than 1% Wednesday, giving up the prior session's gains, as mounting
stresses on Spain's banking system and a retreat in pending home sales
erased any recent optimism about the euro zone's outlook. The Dow Jones
Industrial Average fell 160.83 points, or 1.3%, to 12,419.86, with only
Intel Corp. ending higher among 30 components. The S&P 500
dropped 19.10 points, or 1.4%, to 1,313.32. All 10 S&P 500 sectors
ended lower, led by pullbacks in energy and financial stocks. The Nasdaq
Composite lost 33.63 points, or 1.2%, to 2,837.36. For the month that
ends Thursday, the benchmark indexes are down at least 6%.
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