Last month, Coca Cola began spending millions of dollars on advertising regarding obesity, highlighting the steps it has taken to reduce its products’ average calorie count per serving. It was a bold step for a company known for feel-good advertising pushing products that have long concerned the health-conscious.
Also in January, Key Corp. responded to institutional pressure and became the latest major company to agree to disclose its political contributions and lobbying expenses. Meanwhile, private equity group Cerberus announced it was putting firearm manufacturer Freedom Group up for sale amid investor qualms about funding the maker of assault rifles.
