Business briefs: High court takes POM Wonderful, Coke label fight

January 11, 2014 

High court takes on POM, Coke label fight

WASHINGTON -- The Supreme Court is getting involved in a juicy labelling dispute between POM Wonderful and the Coca-Cola Co. over a pomegranate- and blueberry-flavored drink made up almost entirely of apple and grape juices.

POM Wonderful sued Coke over the label on a drink marketed under Coke's Minute Maid unit. Coke says Pomegranate Blueberry Flavored Blend of 5 Juices is a "1oo% juice product." But POM says 99 percent of the juice is either apple or grape and that the label is misleading.

The high court case involves the interplay of two federal law involving trademarks and the regulation of nutrition information on product labels. Coke won in the San Francisco-based federal appeals court. The justices will review that ruling.

The case is POM Wonderful v. the Coca-Cola Co., 12-761.

TSA to begin inspecting airliner repair shops

The Transportation Security Administration is gearing up to begin inspecting shops that repair airplane parts all over the world.

TSA will now be able to issue security orders and inspect repair stations authorized by the Federal Aviation Administration to work on U.S. planes. The FAA focuses on the quality of work at repair stations. But there have been worries that terrorists could steal a plane or plant a bomb in one.

The main focus is on repair stations at airports.

Unions criticized the new rules, which will be published Monday, as being too weak. Unions have been pushing for tighter regulation of overseas stations, where work is often performed by non-union workers.

Industry groups say the rules mean the FAA can lift a ban on certifying new foreign repair stations.

Bankruptcy judge weighs future of Fisker

WILMINGTON -- A Delaware bankruptcy judge is weighing competing sale plans for failed electric-vehicle manufacturer Fisker Automotive.

The judge planned to issue a key ruling Friday that could determine the new owner of Fisker, which sought bankruptcy less than four years after receiving a $529 million loan commitment from the U.S. Energy Department.

Hybrid Technology LLC recently paid $25 million for DOE's outstanding loan balance of more than $160 million. It now wants to buy Fisker in a private sale using a $75 million credit bid based on its senior secured loan.

Chinese auto parts conglomerate Wanxiang Group has offered a $35.7 million cash bid as the starting point for a competitive auction. But that proposal is contingent on the judge eliminating or restricting Hybrid's ability to use credit for its bid.

--Herald wire reports

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