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Business: Hostess / Twinkies #1036339

CBS Evening News for Friday, Nov 16, 2012
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(Studio: Anthony Mason) The announcement from Hostess, which makes Twinkies, Ding Dongs and Devil Dogs, that it is going out of business reported.

(Seattle: John Blackstone) The rush to buy Twinkies and other Hostess products featured; scenes shown of empty store shelves and bakers union members on strike; ads shown; details given about the move toward lower fat and lower carb treats and the dispute between the company and union members. [Los Angeles WOMAN, Chicago MAN, Californian Jeff YEELIT‡â€“ comment.] [Hostess CEO Greg RAYBURN††- says you have to be able to make them at a profit.] [Seattle bakers union Maree McDONALD††- outlines the workers’ complaints.]

Reporter(s):
Mason, Anthony;
Blackstone, John
Duration:
00:02:10

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