GM settles hundreds of ignition switch lawsuits
NEW YORK General Motors Co has agreed to settle federal lawsuits by as many as 203 plaintiffs over defective ignition switches in its vehicles, a Friday court filing shows.
McDonald's Corp and Kraft Foods Group Inc will begin selling the fast-food giant's McCafe brand packaged coffee in grocery stores across the United States beginning in early 2015, the companies said on Tuesday.
The coffee will be packaged in 12-ounce bags and single-cup portions, which include K-cups for Keurig Green Mountain Inc's popular brewers. Pricing was not disclosed.
The companies in October 2013 announced that they were testing McCafe grocery sales in the United States.
(Reporting by Lisa Baertlein in Los Angeles; Editing by Bernard Orr)
Debt-laden U.S. outerwear and outdoor gear retailer Eddie Bauer LLC has hired investment banks to explore strategic alternatives, including a potential sale of the company, people familiar with the matter said on Friday.