Friday, November 16, 2012

Unions kill the twinkie

http://online.wsj.com/article/SB10001424127887324556304578122632560842670.html


Twinkie Maker Hostess to Close


Hostess Brands Inc., the maker of iconic treats such as Twinkies and traditional pantry staple Wonder Bread, is shuttering its plants and liquidating its 82-year-old business.
A victim of changing consumer tastes, high commodity costs and, most importantly, strained labor relations, Hostess ultimately was brought to its knees by a national strike orchestrated by its second-largest union.

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