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Chicago Tribune
Chicago Tribune
Business
Phil Rosenthal

Chicago Tribune Phil Rosenthal column

July 09--The FDA will delay until December 2016 its requirement that restaurant chains include calorie counts on menus. Spoiler alert: A single slice from a large Papa John's pizza with just cheese, tomato sauce and regular crust is 295 calories. Sorry.

Vladimir Putin wants to try yoga but is uncharacteristically cautious. "I will see what my level of fitness allows," he said this week. Putin's in good shape, just not at all flexible.

Walt Disney World in recent days has removed the Confederate flag and a statue of Bill Cosby. Doesn't bode well for Captain Hook and Cruella de Vil.

Best wishes to the cast of "Tonya Nancy: The Rock Opera." Based on the 1994 figure skating scandal, the production hit off-Broadway this week as part of the New York Musical Theatre Festival. Break a leg. Wait, no ...

Coty is acquiring Procter Gamble's beauty brands in a $12.5 billion deal. Sounds like a lot, but Coty paid $1.8 million severance to a guy hired as CEO who left before assuming the post. Imagine how it values something it actually wants to keep.

JPMorgan Chase has reached a $136 million nationwide settlement over accusations that it used illegal tactics to hound struggling credit card borrowers. Apparently its complete ad tag line is actually: Chase What Matters -- Whatever It Takes.

MasterCard has been charged by overseas antitrust officials for allegedly setting credit card transaction fees artificially high in the European Union. One tends to hear more internationally about visa problems.

The EU-Greece debt crisis drama was going down to the wire, as of this writing. And apparently Greece can forget about a deal with MasterCard.

Thirty years ago Saturday, Coca-Cola formally announced it would bring back Coca-Cola Classic alongside the poorly received New Coke introduced April 23 as its replacement. New Coke was touted in ads as "the best Coca-Cola ever" by Bill Cosby, leading some to begin questioning their faith in him.

philrosenthal@tribpub.com

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