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Showing posts from August, 2026

The Company Is Younger Than the Can

StarKist has been a name on American tuna since 1940. The corporation that pleaded guilty to fixing its price was formed in Delaware in 2008, and the first name on the board's consent to that plea was Mr. Jaechul Kim. 이 글의 한국어판 → 스타키스트의 유죄 인정, 이사회 동의서 첫 이름은 Mr. Jaechul Kim STARKIST · SIX QUESTIONS THE AMERICAN SHELF BORN 1917 Fish Harbor, Terminal Island, Los Angeles The French Sardine Company First use of STARKIST on April 30, 1940 INCORPORATED Delaware StarKist Co. was formed on June 19, 2008 The corporation named in the plea agreement HEAD OFFICE Reston, Virginia 1875 Explorer Street, 10th Floor Opened in April 2022 SHAREHOLDERS one Dongwon Industries Co., Ltd. Chairman Kim Nam-jung with 53.74 percent With other related parties, 78.96 percent MADE Pago Pago American Samoa, since 1963 “the single remaining cannery in American Samoa” (GAO, 2020) PAYCHECK $6.36 an hour StarKist Samoa Co., owned by StarKist Co. The federal ...

The Baby and the Checkerboard

America's dog food was born in an 1894 St. Louis feed store, America's baby food in a 1927 Michigan farm kitchen, and both now answer to the same address on Lake Geneva. 이 글의 한국어판 → 개 밥과 아기 밥이 같은 호수로 간다 THE BABY AND THE CHECKERBOARD THE AMERICAN SHELF AMERICA’S DOG FOOD St. Louis, 1894 Feed for horses and mules, sold by the Robinson-Danforth Commission Company TO NESTLÉ, DECEMBER 2001 $10.3 billion an enterprise value — “the largest in Nestlé history” AMERICA’S BABY FOOD Fremont, 1927 Strained by hand in the Gerber kitchen; the official founding year is 1928 TO NESTLÉ, SEPTEMBER 2007 $5.5 billion in cash, from Novartis — Sandoz, then Novartis, then Nestlé: drug, drug, food THE TRADEMARK OWNER NAMED IN BOTH FOOTERS Vevey, Switzerland Both site footers name one trademark owner: Société des Produits Nestlé S.A., Vevey, on Lake Geneva. The two prices are different animals ...

Prohibited, Unless

Nippon Steel owns every common share of U.S. Steel, the President of the United States holds the one golden share it does not, and the Biden order forbidding the whole deal was never revoked — only amended. 이 글의 한국어판 → 2억 주를 사고, 1주를 내줬다 U.S. STEEL · THE GOLDEN SHARE THE AMERICAN SHELF PRICE PER COMMON SHARE, ALL CASH $55.00 COMMON SHARES, ALL PASSED TO NIPPON STEEL 223,135,077 Counted 14 December 2023 · via Nippon Steel North America CLASS G PREFERRED STOCK · THE GOLDEN SHARE 1 “I, President Donald J. Trump, hold the Class G Preferred Stock (Golden Share) in U.S. Steel.” PRESIDENTIAL CONSENT IS REQUIRED FOR Changing the name or the headquarters, moving production or jobs outside the U.S., and certain closure and idling decisions. Letter from the President to U.S. Steel, Federal Register, 90 FR 54223, dated 20 November 2025 The 8-K names the holder “the U.S. Government”; the President’s letter says “...

The Family That Sold the Coffee

In March 2019 Americans found out who owned their morning cup. Seven years later the sentence has expired — and what is left is 43 per cent of a doughnut chain and six million insured pets. 이 글의 한국어판 → 커피를 판 가문 JAB · MARCH 2019 → JUNE 2026 THE AMERICAN SHELF WHAT THE FAMILY OWNED IN MARCH 2019 Peet’s · Stumptown · Intelligentsia · Caribou Keurig · Krispy Kreme · Panera Einstein Bros · Pret A Manger THE COFFEE SOLD 1 April 2026 — JDE Peet’s to Keurig Dr Pepper. 96.22% of shares tendered, about €14.86 billion. 11 June 2026 — the last Keurig Dr Pepper shares, about 59.1 million, roughly 4.3%. INSURED PETS · DOUBTLESS PET CARE, 29 JUNE 2026 6 million THE PORTFOLIO A RATING AGENCY SAW 18 June 2026 Insurance — Prosperity 24% Pet care — NVA, Ethos 23% Pet insurance — Pinnacle, IPH 22% Fast casual — Pret, Panera 21% Beauty — Coty 8% Indulgence ...