New No. 2
Mercedes-Benz outsold Audi for the first time this year in November — 133,440 vehicles to 132,050 — and became the world’s second largest luxury car brand in November as a new line of compacts lured customers to the Daimler unit. BMW defended its lead as its namesake brand delivered 149,660 vehicles last month.
CVS Caremark, the largest supplier of prescription drugs in the U.S., and Cardinal Health plan to start a venture by July 1, 2014, that will be the biggest source of generic medicines in the country. The venture will be owned equally by CVS and Cardinal Health, the second biggest drug distributor.
Baby seat recall?
Ah, the first year of a baby’s life — the milestones, wonder and joy. The infant learns to sit up, crawl and perhaps walk. But how about playtime in a bouncy seat with an iPad and some cool apps? Fisher-Price is selling a baby bouncy seat with an attachment where parents can insert an iPad so the baby can watch video content — an idea criticized by the Campaign for a Commercial-Free Childhood. The Boston-based advocacy group wants Fisher-Price to recall its Newborn-to-Toddler Apptivity Seat for iPads. The group says it’s not healthy for a baby’s development and encourages parents to leave the baby alone.
U.S. Bancorp settled a dispute with Freddie Mac over flawed home loans for $53 million. The sum resolves disputes over loans sold to Freddie Mac between 2000 and 2008, Minneapolis-based U.S. Bancorp said.
Tyson has decided to expand its animal welfare requirements to its beef and chicken suppliers. The Des Moines Register said a Tyson manager told Iowa cattle producers that they must meet the requirements next year if they want to sell to Tyson. In October 2012, Tyson announced it was requiring hog producers to humanely care for their animals and said at the time that it would expand the program to include chicken and cattle farms by January 2014.
| Star news services