Energy drinks are the fastest-growing part of the beverage industry, with sales in the United States reaching more than $10 billion in 2012 — more than Americans spent on iced tea or sports beverages like Gatorade. Their rising popularity represents a generational shift in what people drink, and reflects a successful campaign to convince consumers, particularly teenagers, that the drinks...
High and Low Finance: Lessons From Europe on Averting Disaster
Labels: BusinessWill the United States follow the European path in 2013? Let’s hope so. A year ago, the world’s markets were watching Europe with rising fear. Some expected 2012 to be the year that the euro zone broke up. Germany did not want to pay to bail out its less fortunate neighbors unless they agreed to severe austerity and to what amounted to a surrender of sovereignty — ideas that other...
Jan
02
Mubarak Dictated Response to Protests in Cairo, Report Says
Labels: WorldBen Curtis/Associated PressIn January 2011, a protester was injured during clashes with security forces in Cairo. CAIRO — Sitting in his palace in early 2011, as protests against him consumed Egypt, President Hosni Mubarak watched live video feeds of the demonstrations in Tahrir Square and the brutal response by his security forces, who used clubs, tear gas and live ammunition against civilians, according...
DealBook: Car Sharing Catches On as Zipcar Sells to Avis
Labels: Technology8:51 p.m. | Updated Last year, Lane Becker and his wife, Courtney Skott, plotted out the costs of owning a car versus renting one through Zipcar, the popular car-sharing service.They ultimately decided to give away their car. Mr. Becker, who is 39 and lives in San Francisco, said he had few regrets, despite some difficulty securing a Zipcar on weekends, when he competes with other customers.“It’s...
5-Hour Energy’s ‘No Crash Later’ Claim Is Disputed
Labels: LifestyleThe distributor of the top-selling energy “shot,” 5-Hour Energy, has long claimed on product labels, in promotions and in television advertisements that the concentrated caffeine drink produced “no crash later” — the type of letdown that consumers of energy drinks often feel when the beverages’ effects wear off. But an advertising watchdog group said on Wednesday that it had told the company...
5-Hour Energy’s ‘No Crash Later’ Claim Is Disputed
Labels: HealthThe distributor of the top-selling energy “shot,” 5-Hour Energy, has long claimed on product labels, in promotions and in television advertisements that the concentrated caffeine drink produced “no crash later” — the type of letdown that consumers of energy drinks often feel when the beverages’ effects wear off. But an advertising watchdog group said on Wednesday that it had told the company...
Debt Ceiling Clash Nears for Lawmakers
Labels: BusinessWASHINGTON — With the resolution of the year-end fiscal crisis just hours old, the next political confrontation is already taking shape as this city braces for a fight in February over raising the nation’s borrowing limit. But it is a debate President Obama says he will have nothing more to do with. Even as Republicans vow to leverage a needed increase in the federal debt limit to make headway...
Jan
01
In Hong Kong, Rival Protests Are Divided Over LeaderIn Hong Kong, Rival Protests Are Divided Over Leader
Labels: WorldHONG KONG — Thousands of demonstrators in rival marches crowded through Hong Kong’s main shopping district on Tuesday to praise or condemn the city’s chief executive, who appears to retain the confidence of leaders in Beijing despite facing criticism here over a series of actions. The New Year’s Day marches underlined deep political divisions in Hong Kong, a semiautonomous territory that...
Tech Giants, Learning the Ways of Washington, Brace for More Scrutiny
Labels: TechnologyMario Tama/Getty ImagesNadine Wolf demonstrated against online piracy legislation a year ago in New York. The measures were defeated. SAN FRANCISCO — Silicon Valley lobbied hard in Washington in 2012, and despite some friction with regulators, fared fairly well. In 2013, though, government scrutiny is likely to grow. And with this scrutiny will come even greater efforts by the tech industry to press...
Ground Zero Volunteers Face Obstacles to Compensation
Labels: LifestyleOn the day the terrorists flew into the World Trade Center, the Wu-Tang Clan canceled its meeting with a record mixer named Richard Oliver, so Mr. Oliver rushed downtown from his Hell’s Kitchen apartment to help out. He said he spent three sleepless days at ground zero, tossing body bags. “Then I went home, ate, crashed, woke up,” he said. He had left his Dr. Martens boots on the landing...
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