Coca-Cola Co on Friday announced deals to sell bottling operations in Greater Chicago and Central Florida, as it slowly undoes its 2010 purchase of its North American bottler. The world's biggest soda maker said it had signed two letters of intent with independent bottlers but did not disclose the financial terms. Coke was expected to announce refranchising news ahead of Chief Executive Officer Muhtar Kent's presentation on Friday at the Consumer Analyst Group of New York conference in Boca Raton, Florida. Several years ago, Coke and arch rival PepsiCo bought their North American bottlers to streamline decision-making and cut costs.
CHARLESTON, W.Va. (AP) — Just hours away from a West Virginia city plagued for weeks by chemical-tainted, undrinkable tap water, H20 enthusiasts will sip municipal waters like fine wine in search of the world's best.
(Reuters) - A court on Friday said it will hear direct appeals by seven groups of petitioners, including pension plans for Detroit's police and firefighters, regarding the city's eligibility for bankruptcy. "Upon consideration of the petitions to appeal and the responses thereto, a direct appeal to this court is warranted," the 6th U.S. Circuit Court of Appeals in Cincinnati said in an order filed on Friday. A federal bankruptcy judge in a landmark December ruling said Detroit was eligible to pursue its bankruptcy case. In his ruling, Judge Steven Rhodes said Detroit met federal requirements for bankruptcy protection primarily because it was insolvent and negotiations with its thousands of creditors were not practical.
SPRINGFIELD, Mo. (AP) — A middle-school football coach accused in the kidnapping and killing of a 10-year-old girl in southwest Missouri plans to plead not guilty, his public defender said in a brief hearing Friday.
By MacDonald Dzirutwe HARARE (Reuters) - A Zimbabwean court dismissed pornography charges against former congressman Mel Reynolds on Friday but ordered his deportation after he pleaded guilty to staying in the southern African country on an expired visa. Harare magistrate Tendai Mahwe agreed with Reynolds' lawyer, Arthur Gurira, that state prosecutors had not sought written authority from the prosecutor general to put the former Illinois congressman on trial. Reynolds will still be held in prison while immigration authorities process his deportation papers.
In Sweden, commentators have fun with Norway's misfortunes. The Dutch can't get enough of their speedskaters. Japan is so crazy about figure skating they show warmups. Canada is hockey crazy, Russia struggles to stay positive even when things look down and the U.S. salutes its stars with the national anthem as it's time to go to bed.
WASHINGTON (AP) — American agriculture has experienced a boom, with market values of crops, livestock and total agricultural products reaching record highs even as the amount of U.S. farmland declined, according to a new government survey.