Bud…Weis…Mill…Er?

Despite the aggressive posture of AB InBev and the venture capital group 3G Capital run by Lemann, the potential transaction will face a mountain of obstacles even if SAB Miller is a willing partner. AB InBev currently controls nearly half of the U.S. beer market with SAB Miller controlling nearly 30 percent. All major corporate mergers must face a Justice Department antitrust review. Diana Moss, the president of the American Antitrust Institute says “The competitive harm is pretty scary. The concern is higher prices for consumers.”



FDA Pulls Four R.J. Reynolds Cigarette Brands from Market

The FDA cited various reasons for the violations in its press release. As an example, the agency cited that the filter on the Camel Crush Bold cigarettes contain a capsule that when crushed, releases additional menthol flavoring. The agency found that the feature creates a significant difference from products that existed prior to the law. The Campaign for Tobacco-Free Kids president Matthew Myers praised the decision, believing that the Camel Crush cigarettes “deliver menthol differently and at higher levels, have added sugars and other sweeteners, new filters, and tested differently for harmful and potentially harmful constituents.” According to Myers, Camel is the most popular cigarette brand among young smokers.


Is Salmonella Winning?

The problems are not confined to just California or Texas by any means. The Minnesota Department of Public Health said in a September 10th news release that 45 cases of salmonella have been reported likely involving at least 17 different Chipotle restaurants throughout the state since September 2nd. Halfway across the country in the nation’s capital, up to 70 cases of salmonella-related illnesses have been traced to the upscale chain restaurant Fig & Olive’s Washington D.C. location. Among the cases, six have been confirmed to contain a salmonella infection. These cases follow the September 2nd press release by the Food and Drug Administration (FDA) that New York specialty online retailer Sincerely Nuts is recalling several macadamia nut products due to traces of salmonella found during routine lab testing.


No Jason Rezaian, No Iran Deal

I am not for or against a deal per se, I think the execution and enforcement of the agreement will be much more important for the U.S. than whether a nuclear deal exists or not. But, I believe that more time is needed to rethink the demand that Rezaian, and the other journalists’ release be a component to the deal. I cannot in clear conscious reward arbitrary detention as a policy, in the U.S. or abroad.


FDA Panel Unanimously Recommends Approval for Abuse-Deterrent Painkiller Xtampza

Despite the dosing warning issued by the Food and Drug Administration (FDA) earlier last week amid concerns about the product’s labeling, an independent panel commissioned by the agency recommended approval for a experimental oral painkiller. The panel’s 23-0 vote is a major win for Massachusetts-based Collegium Pharmaceuticals, and its potential breakthrough drug marketed as Xtampza.


Car Manufacturers Agree to Make Automatic-Braking a Standard Feature

A recent IIHS study estimates that injury claims could be reduced by as much as 35 percent by implementing the technology. A comparative study of Volvo insurance claims found that property damage claims involving vehicles with automatic-braking systems were 15 percent lower than vehicles without the systems. IIHS president Adam Lund said about automatic-braking systems, “Most crashes involve driver error. This technology can compensate for the mistakes every driver makes because the systems are always on alert.”


DuPont Faces First Trial Involving West Virginia Chemical Leak

Bartlett, a 59 year-old resident of Guysville in Athens County, Ohio was diagnosed with kidney cancer in 1997. Among other charges, Bartlett accuses DuPont management of negligence for allowing the leak, fraud and concealment for failing to inform the public of the dangers, and trespass and battery for letting the pollutants enter her bloodstream. DuPont attorneys blame Barlett’s kidney cancer on other factors instead, including obesity.


DOJ, Appellate Court Debate “Lenient” Iran-Trading Settlement

Fokker had admitted to have violated the International Emergency Economic Powers Act between 2005 and 2010 by trading aircraft parts and other components to Iran, Burma (now Myanmar), and the Sudan, in violation of U.S. sanctions. The division, Fokker Services, voluntarily admitted the violations during the Department of Justice’s (DOJ) four-year probe in the matter, agreeing to forfeit $10.5 million in proceeds and pay a $10.5 million penalty as part of an 18-month deferred prosecution agreement.


Obama Scraps Federal College Ranking System for “Scorecard”

Unlike most college rating platforms, the scorecard contains a plethora of useful data that is usually unavailable from the private sector. Although prefacing by saying the data is based on students who have received federal grants and loans, the site contains income information, not just for recent grads, but also containing 10-year median income for graduates and loan default rates. The search-engine styled site also contains net costs for students from high-income and low-income families, as well as the ethnic diversity of particular colleges.