The prospect of a U.S. market return for a Cuban spirit is inflaming a decades-old battle pitting Pernod Ricard, the world’s second-largest spirits producer, against Bacardi, the dominant U.S. seller of rum.
Jurors are set to convene Tuesday to consider a lengthy legal dispute centered on Oracle’s alleged role in the decline of one of the former Hewlett-Packard’s most lucrative products. The lawsuit seeks $3 billion in damages.
Lead independent director Frederic Salerno said in a letter to Viacom constituencies the board is preparing for a legal battle to keep their seats because they don’t believe controlling shareholder and former chairman Sumner Redstone has the mental capacity to act of his own free will.
In Sweden, groceries can be delivered in your absence and directly to where they belong: your kitchen and fridge. PostNord and supermarket chain ICA are testing the service in Stockholm, promising that messengers will remove their shoes and unpack online deliveries.