Amid a soft economy, one pocket of America is doing very well—the Twin Cities of Minneapolis and St. Paul, Minnesota. What's their secret sauce?» Read More
Former Peanut Corp. of America owner Stewart Parnell; his brother and food broker, Michael Parnell; and plant quality control manager Mary Wilkerson are charged with shipping tainted peanuts and covering up lab results that tested positive for salmonella.
*Nonfarm payrolls forecast rising 233,000 in July. WASHINGTON, Aug 1- U.S. job growth likely cooled a bit in July, but retained enough momentum to suggest the economy remained on solid ground. "As long as we have job growth going in the right direction and the labor market tightening up, we are still in a good place," said Robert Dye, chief economist at Comerica in Dallas.
The criminal complaint filed Wednesday against Ronald Avers said one buyer of boneless chuck roast at the Shop' n Save store in Belleville just east of St. Louis later bit into one of the needles, and a needle slipped into a steak stuck another customer.
ALBANY, Ga.— After three days of jury selection, a panel with plenty of extra members was seated Thursday to hear the case of three people charged in connection with a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.
Though the U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent, the Gallup Organization has found that consumers' view of the economy is the glummest it's been in seven months. At 53, Hunter now works three days a week for $9.25 an hour, mopping floors and fixing fryers at two McDonald's restaurants in Chicago.
But Kellogg is also dealing with problems and missteps specific to some of its most popular brands. In a phone interview, Kellogg CEO John Bryant noted that people are now more interested in foods that provide nutritional benefits, rather than those that simply keep their calorie counts down.
The Minneapolis- based company said Thursday that it named PepsiCo executive Brian Cornell to the top spot, replacing Chief Financial Officer John Mulligan, who had been keeping the seat warm since May. "Outside perspective is what Target needs, in our view, given the need to rebuild trust," said Greg Melich, head of consumer research at ISI Group.
July 31- Target Corp is hiring PepsiCo Inc executive Brian Cornell as its new chief executive, the Wall Street Journal reported. Cornell, who has spent nearly a decade at PepsiCo, was a contender to succeed PepsiCo CEO Indra Nooyi, the Journal said.
WASHINGTON, July 30- Under Democratic President Barack Obama, the U.S. NLRB General Counsel Richard Griffin announced on Tuesday that McDonald's, not just its franchisees, can be liable for alleged labor law violations.
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.
ALBANY, Ga.— The trial of three people charged in a deadly salmonella outbreak linked to a southwest Georgia peanut plant could keep jurors tied up for more than two months, the trial judge said Wednesday.
WASHINGTON— In a story July 29 about consumer debt reported to collection agencies, The Associated Press erroneously indicated that 80 percent of Americans have no debt on file. The study released Tuesday by the Urban Institute found that 20 percent of Americans with credit records have no debt on file.
FARGO, N.D.— American Crystal Sugar Co. CEO David Berg should testify in a federal lawsuit pitting the refined sugar manufacturers against the corn syrup industry, a federal judge ruled Wednesday after presiding over a hearing in the case. Berg argued that American Crystal Sugar did not participate in the lawsuit and he could not offer relevant information.
July 30- Oil and natural gas producer Hess Corp said it plans to form a publicly traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field. Hess said it expected the MLP to file a registration statement with the U.S. Securities and Exchange Commission in the fourth quarter.
The Florida- based software provider ExamSoft Worldwide Inc. said the processing problem created a six-hour backlog that had been cleared by early Wednesday morning.
MINNEAPOLIS— Buffalo Wild Wings Inc. on Tuesday reported profit that increased by 44 percent in its second quarter, and topped analysts' expectations. The Minneapolis- based company said earnings rose to $23.7 million, or $1.25 per share, from $16.5 million, or 88 cents per share, in the same quarter a year earlier.
TAVARES, Fla.— When Arun and Usha Pancholi were deciding where to spend their retirement years, they wanted a place that combined the culture and camaraderie of life in India with the comforts and conveniences they had grown accustomed to after nearly five decades in Minnesota and Ohio.
WASHINGTON— More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.
*By invoking 1969 law, Obama could bypass Congress- former Treasury official. *Treasury Secretary Lew renews call for urgent action by U.S. Congress.
NEW YORK— As a transgender woman who began her transition about a year ago, Kylie Jack is still figuring out her fashion style, but she wanted one thing right away: well-fitting bras. Friends recommended Petticoat Fair in Austin, Texas, where she lives.