Swiss food and drink giant Nestle announced a deal Monday to acquire Pfizer Inc.'s infant-nutrition business for $11.85 billion in a bid to boost sales in emerging markets. Before the announcement, Nestle already had the largest share of the global baby-formula market at just under 20 percent.
As a part of Earth Day celebrations, performance artist Alison Knowles took salad making to the extreme in New York City. Knowles chopped romaine lettuce, carrots and cucumbers to the beat of live music. She then tossed the avalanche of salad off a balcony into a giant tarp, where the salad was served up to audience members.
French President Nicolas Sarkozy and socialist challenger Francois Hollande will face off next month in a presidential runoff. Anti-immigrant candidate Marine Le Pen came in a surprisingly strong third place.
Originally published on Mon April 23, 2012 5:36 am
A deadly fire and explosion at a German chemical plant has created big headaches for the global auto industry. The recent blast has resulted in a shortage of a chemical compound used in plastic fuel and brake lines. The chemical is hard to replace, and now automakers are scrambling to avoid major production disruptions.
The conservative group that has seen some corporate donors flee because of its involvement in pushing for voter ID and stand-your-ground gun laws, has new troubles. Common Cause has filed a complaint with the IRS that the American Legislative Exchange Council, known as ALEC, violated the limits of its charity tax status.
Originally published on Mon April 23, 2012 6:27 am
Sebastian Vettel won the Bahrain Grand Prix over the weekend, but in a larger sense the winners were the race organizers. They managed to hold the race which was canceled last year by political unrest, which was part of the uprisings of the Arab Spring. Bill Law, of the British Broadcasting Corporation, talks to Steve Inskeep about the weekend's events in Bahrain.
In its heyday, the textile industry employed 40 percent of North Carolina's work force. Now that employment number is less than 2 percent. But Raleigh Denim has found a way to thrive in North Carolina by making blue jeans the old-fashioned way.
Now Marco Rubio happens to be one of those regularly mentioned as a possible vice presidential choice for Mitt Romney. And that's where we pick up our discussion with Cokie Roberts, who joins us most Mondays. Cokie, good morning.
COKIE ROBERTS, BYLINE: Hi, Steve.
INSKEEP: So is the vice presidential choice an opportunity for Romney to appeal to Hispanics?