Albert Laurel

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Prudential to invest £100m as it battles falling annuity sales | Financial Times

Prudential is to spend about £100m developing further initiatives in the UK as the country’s biggest life assurer grapples with a fall in annuity …

Inside The War To Reinvent The Soda Fountain

Can sexy new fountain machines from Coke and Pepsi put the fizz back in the soda biz?<p>With the battlefield deployment of three new fountain machines, PepsiCo is firing a shot across competitor Coca-Cola’s* bow in the food service business.<p>“The creation of Spire (PepsiCo’s beverage dispensers) …

A Chinese Man, A $50 Billion Plan And A Canal To Reshape Nicaragua

One hundred years ago today, the first ship passed through the brand-new, U.S.-built Panama Canal; a century later, Panama owns the canal outright, and the country is one of the most prosperous in the region.<p>Panama's neighbor to the north, Nicaragua, is hoping a transoceanic canal and similar …

K-Cup coffee prices rising 9%

More bad news for coffee drinkers. First it was Starbucks and grocery store brands. Now, even single-serve packets are getting more expensive.<p>Keurig Green Mountain (GMCR) said Thursday it plans to hike prices by 9% for the K-Cup packets used in its signature brewing system, as well as other single …

Wayfair Reveals The Inevitable: It's Going Public

Wayfair, the home furnishings e-commerce site, has made official what’s been an obvious goal. That it’s going public.<p>The e-retailer hopes to raise $350 million, but didn’t disclose how many shares it’ll sell or at what price. (The date, of course, is always a matter of market-timing.)<p>One thing that …