Abbott Labs Enters the Crowded Snack Market
Abbott Laboratories, the world’s largest maker of heart stents and adult nutritional beverages, is doubling down on the crowded $6.2 billion U.S. snack market with a line of six bars it hopes will grow into a new brand of wide- ranging products. The Curate snacks — including a chocolate-quinoa-hemp seeds bar and another one combining mission figs and balsamic vinegar — will start selling this month, with additional children’s choices...
Suit: Protein Cheerios Misleads Consumers
Macho men and women, beware. General Mills, the maker of Cinnamon Toast Crunch, Lucky Charms, Fiber One, and Cheerios, has a clever new trick, according to a lawsuit brought against the company last week by consumer group Center for Science in the Public Interest (CSPI). The suit alleges that the cereal maker has been selling a new product called Protein Cheerios, which the company first introduced last year, under false pretenses....
