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WASHINGTON - Coca-Cola was taken to task by the U.S. Supreme Court on Monday, with justices questioning whether a drink sold as fruit juice was the real thing. The soft drinks giant is being sued by Californian fruit juice maker Pom Wonderful, which accuses Coca-Cola (IW 500/27) of misleading consumers about its Minute Maid drink "Pomegranate Blueberry" that contains only 0.5% of the two fruits....More

The automotive manufacturer said a potential corrosion issue and substandard welds are behind the recalls, but said it knew of no injuries related to the quality issues....More

In a report released late Monday, investigators said the company took advantage of a special corporate tax deal negotiated with Swiss authorities that allowed it to defer or avoid paying $2.4 billion in U.S. taxes....More

The deal, signed with Beijing Automotive Industry Corp. (BAIC Group) during a visit to Germany by Chinese President Xi Jinping, will expand production capacity at Beijing Benz by 2015....More