U.S. rules for POM against Coke in labeling dispute
WASHINGTON, June 12
WASHINGTON, June 12 (Reuters) - POM Wonderful may take Coca-Cola Co to court to accuse it of being misleading in how it markets its Minute Maid pomegranate blueberry juice, the U.S. Supreme Court said on Thursday
The court ruled in favor of POM on an 8-0 vote, with Justice Stephen Breyer recused. POM had filed a lawsuit against Coca-Cola saying that it had misled customers by selling a pomegranate blueberry juice even though it had 0.5 percent of the two juices. Both a U.S. District Court in California and an appeals court said that POM could not bring its claims under the federal Lanham Act but the Supreme Court reversed that finding. (Reporting by Lawrence Hurley; Editing by Howard Goller)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.