So far no other prominent Western brand has reported extra scrutiny from the Russian authorities, but some say they are worried.» Read More
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.
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.
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.
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.
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.
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..
WASHINGTON, July 29- A U.S. appeals court on Tuesday rejected a food industry challenge to a federal rule concerning labeling requirements for meat, a ruling that could have a major impact on businesses fighting federal regulation on free-speech grounds.
WASHINGTON, July 29- A U.S. appeals court on Tuesday rejected for a second time a food industry challenge to a federal regulation that specifies labeling requirements for certain meat products.
The way consumers would be informed when their food has been genetically engineered is being battled in Congress and among advocacy groups.
July 28- Tyson Foods Inc, the biggest U.S. meat processor, said on Monday it would sell its Mexican and Brazilian poultry businesses to bigger global rival JBS SA's Pilgrim's Pride for $575 million.
July 28- Tyson Foods Inc, the biggest U.S. meat processor, said it would sell its Mexican and Brazilian poultry businesses to JBS SA, the world's No. 1 meat producer, for $575 million. The company said it would use proceeds from the sale to pay down debt associated with its $7.7 billion acquisition of Hillshire Brands Co, which is expected to close in the current quarter.
July 28- Tyson Foods Inc, the biggest U.S. meat processor, said it would sell its Mexican and Brazilian poultry businesses to Pilgrims Pride Corp parent JBS SA for $575 million. Tyson, which also reported a 10.9 percent rise in quarterly sales, said it would use the sale proceeds to pay down debt associated with its $7.7 billion acquisition of Hillshire Brands Co..
CNBC's Eunice Yoon reports OSI Group is going to make sweeping changes and conduct a full review of its factories in China on the heels of a food safety scandal.
Tyson outbid Pilgrim's Pride Corp with its $63 per share offer for Hillshire, valuing the Jimmy Dean sausages maker at $8.55 billion. The Cherokee plant will close on Sep. 27, while the Buffalo and Santa Teresa plants are expected to stop operating in the first half of 2015, the company said.
The Cherokee, Iowa, plant will close on Sep. 27, while the Buffalo, New York, and Santa Teresa, New Mexico plants are expected to cease operations in the first half of 2015, the company said.