SAO PAULO, Aug 1- Brazilian food processor BRF SA does not expect to make large acquisitions in the near term, executives said on Friday, although the company may look at small regional partnerships to boost profits.» Read More
Facebook's Internet.org expands in Zambia with app offering basic Internet services Argentine president reassures public as country enters default forced by creditors Iliad of France makes surprise bid for majority of T-Mobile US, challenging Sprint's overtures Dow drops more than 300 points; Market logs first monthly loss since January Tesla posts bigger 2 Q loss as it invests in Model X and prepares Nevada factory site Twitter says government requests for user data grew sharply in past 6 months USDA overhauls decades-old poultry inspections in effort to improve food safety Alpha says it plans 1,100 layoffs at coal mines in W.Va., cites weak markets, regulation Federal agency finds that debit card purchases of less than $24 produce large overdraft fees LinkedIn posts 2 Q loss but stock soars after stronger-than-expected results
WASHINGTON, July 31- The U.S. Department of Agriculture announced on Thursday reforms to decades-old processes for inspecting poultry facilities in a bid to cut down on the number of foodborne illnesses, but dropped an industry-backed plan to speed up production.
CHICAGO, July 31- A salmonella outbreak linked to California- based poultry producer Foster Farms' contaminated chicken appears to be over, more than 17 months after it began, the Centers for Disease Control and Prevention said on Thursday.
Twitter says government requests for user data grew sharply in past 6 months Stocks plunge, wiping out July gains; Market is on track for first monthly loss since January Federal agency finds that debit card purchases of less than $24 produce large overdraft fees Even as jobs return, lagging incomes and home equity leave many Americans feeling glum Journal Communications, Scripps Co. plan to merge broadcast operations, spin off newspapers Iliad of France makes surprise bid for majority of T-Mobile US, challenging Sprint's overtures FDA approves once-a-day inhaler drug for patients with chronic lung disease USDA overhauls decades-old poultry inspections in effort to improve food safety In an election-year dare to GOP, Obama signs order on labor violations by federal contractors Panasonic, Tesla to build major US battery plant for electric vehicles, site not announced
The California Department of Public Health warned consumers Wednesday to avoid some products from San Clemente- based VR Green Farms. VR Green Farms has recalled the pesto, as well as its pickled farm mix, Old World tomato sauce, sun-dried tomatoes in olive oil, Tuscan grilling sauce and pasta sauce.
July 31- Kellogg Co, the world's largest maker of breakfast cereal, cut its full-year adjusted sales and profit forecasts as demand for its Corn Flakes and Special K cereals continued to wane in the United States, its biggest market.
July 31- Target Corp appointed PepsiCo Inc executive Brian Cornell as CEO as it tries to regain customer confidence after a devastating data breach last holiday season. Cornell resigned earlier this week as head of PepsiCo's Americas Foods business, which makes Quaker Oats and Frito Lay chips.
Just 18 months earlier, KFC's sales plunged in China after a supplier violated rules on drug use in chickens. Global fast food chains are rushing to expand in China but even experienced operators face costly pitfalls in a fast-changing food supply industry plagued by repeated safety scandals.
NEW YORK, July 30- Kraft Foods Group Inc said on Wednesday that its second-quarter revenue barely rose as price increases it implemented to cover rising commodity costs hurt consumer demand.
CHICAGO, July 30- Cargill Inc, one of the nation's largest beef processors, said on Wednesday it plans to close its Milwaukee, Wisconsin, beef-processing plant on Friday, because the size of the U.S. herd has fallen to its smallest in 63 years.
US economy grew at strong 4 percent rate in second quarter after sharp contraction in winter Fed slows bond buying further but provides no clear signal on timing of first rate hike Sanctions on Russian banks, oil technology seen causing real economic damage if left in place Seeking to prevent default, Argentina officials meet in NYC to negotiate as deadline nears Argentines shrug off risk of default, seeing no repeat of 2001 crisis Stocks edge higher after Federal Reserve delivers no surprises with latest stimulus cut Hilton CEO Chris Nassetta talks about the future of room service, Wi-Fi and younger travelers Small businesses step up hiring pace as healthier economy boosts revenue Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Meat producer Cargill to close Milwaukee beef plant due to cattle shortage; 600 to lose jobs
NEW YORK— Cargill plans to close a Milwaukee beef-processing plant which employs about 600 people on Friday due to a shortage of cattle. A Midwest drought in 2011 and 2012 hurt cattle levels, said Cargill spokesman Mike Martin. The Milwaukee plant slaughters live cattle and packages beef products.
CNBC's Scott Cohn reports on the liabilities potentially facing franchise-owned McDonald's restaurants and corporate.
How much more to the downside does orange juice have? OJ trader with Liberty Trading Group James Cordier, provides perspective.
"Fast Money Halftime Report" traders Pete Najarian and Jon Najarian debate whether Chipotle or Yum! Brands makes a better investment.
ELKTON, Ky.— A manufacturer of custom coolers and freezers has expanded to Todd County in southern Kentucky. Steve Beshear's office says Custom Cooler Inc. is creating 75 jobs and investing nearly $5.8 million in the manufacturing facility.
SHANGHAI/ HONG KONG, July 30- When inspectors visited Shanghai Husi Food Co Ltd earlier this summer, the production line at the plant now at the centre of an international food scandal appeared in good order, with fresh meat being handled by properly-attired workers and supervisors keeping a watchful eye over the process.
SIOUX FALLS, S.D.— Several food writers, including a New York Times reporter, have been subpoenaed by a meat producer as part of its $1.2 billion defamation lawsuit against ABC in regards to the network's coverage of a beef product dubbed "pink slime" by critics.
July 28- Tyson Foods Inc said on Monday it would sell its Mexican and Brazilian poultry businesses to JBS SA for $575 million and use the proceeds to pay down debt from its pending $7.7 billion purchase of Hillshire Brands Co..
Jimmy Dean has become a breakfast staple with products from sausage on a stick to egg sandwiches. Now it's moving into lunch and more.