On an unexpectedly rainy October day in Los Angeles, Stewart Resnick looks out the window of a third-floor conference room and shrugs. It's midway through California's biggest-ever pistachio harvest and the rain is yet another reminder, should anyone need it, of how important water is to his business. He helps himself to a half a vegetable wrap and a bottle of Fiji Water—one of the four big consumer brands Resnick owns—and takes his place at the head of the table, where senior executives of his private company, Roll International, have gathered to discuss how to sell 300 million pounds of pistachios.
The Washington Redskins lost a trademark decision when a federal agency ruled the team’s name disparages American Indians, threatening millions of dollars in sales of products including football jerseys and beer coolers.
Work on the Keystone XL pipeline, which would carry oil from Western Canada to the Gulf of Mexico, should be halted because the U.S. didn’t complete an environmental impact review, advocacy groups said in a lawsuit.