HARRISBURG, Pa. (AP) — Shares of The Hershey Co. rebounded Tuesday after Kraft Foods Inc. increased its offer for British candy maker Cadbury PLC, all but shutting out competition from the smaller U.S. candy maker. Hershey shares rose $1.46, or 4 percent, to $37.71 in midday trading. They had slid below $37 — from above $40 in October — as speculation grew that Hershey might bid for Cadbury.
AUSTIN, Minn. (AP) — Hormel Foods Corp. is acquiring the Shedd's Country Crock side-dish line from Unilever United States Inc., a move that adds potato and pasta side dishes to Hormel's product line that includes meat and poultry entrees. Terms were not disclosed Monday for the deal, which is expected to close by next month.
SIOUX CITY, Iowa (AP) — Sioux City officials say the John Morrell & Co. meatpacking plant, one of the city's largest employers, will close this spring. The plant has about 1,500 workers. Sioux City Economic Development Director Marty Dougherty says Mayor Mike Hobart received the news on Tuesday from plant manager Dan Pacquin, who said the plant would close April 20.
While waiting to close on our house, my fiancé and I have spent the last month living with my parents (insert jokes about how uncool we are here). It’s not all bad. Laundry is free, my parents have 900+ cable channels, and we don’t have to listen to our neighbor learn to play the guitar at 1:00 am like we did in our apartment.
This is the time of year when I begin to obsessively check the weather. January in Wisconsin can be particularly soul-crushing, but it’s also January that’s the turning point: average temperatures typically hit their lows for the year in the late part of the month, and then it’s an incremental crawl back to air temperatures that humans can withstand without Gortex.
Research Products Company, headquartered in Salina, Kansas, manufactures food additives for the baking and grain milling industries. Products include flour bleaching and maturing services, vitamin and mineral premixes, and others that help the company’s customers create nutritious food for their consumers.
NEW YORK (USDA) — The U.S. Department of Agriculture (USDA) has joined a campaign to fight and defeat childhood obesity in cooperation with the NFL, National Dairy Council, multiple health organizations and several major corporations. The campaign, known as Fuel Up to Play 60, is funded with an initial private sector financial commitment of $250 million over five years by America's Dairy Farmers.
LONDON (AP) — British candy company Cadbury agreed to a fattened $19.5 billion takeover offer from U.S. food group Kraft in a deal that would create the world's biggest chocolate maker. The board of Cadbury PLC, maker of Creme Eggs and Dentyne gum, gave up a four-month fight to remain independent and on Tuesday recommended shareholders take Kraft's offer of 840 pence ($13.
WASHINGTON, D.C. (AP) — A new study released today by the Grocery Manufacturers Association and A.T. Kearney titled "Consumer Product Fraud -Detection and Deterrence: Strengthening Collaboration to Advance Brand Integrity and Product Safety," uncovers motivational drivers for economic adulteration(1) and the structural weaknesses at both the industry and governmental levels that have inadvertently created opportunities for economic adulteration to thrive.
MONTEBELLO, Calif. (AP) — A Southern California meat-packing firm has recalled some 864,000 pounds of ground-beef that might be contaminated with E. coli. The Department of Agriculture's Food Safety and Inspection Service said Monday that no illnesses have been reported from the products sold by Montebello-based Huntington Meat Packing Inc.
TORONTO (CANADIAN PRESS) — It seems that a documentary critical of soft-drink giant Coca-Cola has left a bitter taste with the company. The multinational corporation has told a university film network planning to screen "The Coca-Cola Case" in several cities that the movie contains inaccuracies and violates a confidentiality agreement.
WATERLOO, Iowa (AP) — Experts say farmers better start marketing their crops now if they haven't already started. John Sanow, a DTN marketing analyst, says corn and soybean markets will be pressured because of a record harvest in the U.S.; the ample soybeans being harvested in South America; and reduced demand for corn overseas.
Avian Plus is a bird hazing system that uses natural scents to deter pest birds from enclosed and semi-enclosed areas such as airline hangars, warehouses, storage facilities, loading docks, big box stores and more. Avian Plus is a small wall mounted unit that emits a non-toxic, non-allergenic scent into the air that is pleasing to humans, and unbearable to birds.
BALTIMORE, Md. (AP) — A judge has given preliminary approval to a settlement in a lawsuit that involves the nation's largest poultry producer, Tyson Foods Inc. The company would pay consumers $5 million in refunds to settle a lawsuit accusing the company of falsely claiming that its chickens were "raised without antibiotics.
ST. LOUIS (AP) — A legal ruling says DuPont violated it contract with rival Monsanto by developing genetically modified soybeans created with Monsanto's technology, but leaves open DuPont's challenge of the contract on antitrust grounds. The ruling in St. Louis federal court is the latest turn in a lawsuit between the world's two biggest seed companies.
BILLINGS, Mont. (AP) — With 88 bison from Yellowstone National Park facing possible slaughter, billionaire Ted Turner has swept in and offered to hold the animals for five years on his sprawling Montana ranch while a new home for them is found. But Turner, ever the shrewd businessman, won't do it for nothing.
YAKIMA, Wash. (AP) — More than two decades after parents dumped apples from children's lunch boxes because of concerns about a chemical applied to the fruit, most researchers agree the crop is safer although most of it still carries pesticide residue. Growers saw prices plunge after a 1989 television report led to widespread fears apples were coated in a cancer-causing chemical called Alar, used to enhance crunch and color.
LONDON (AP) — Call it pork in a petri dish — a technique to turn pig stem cells into strips of meat that scientists say could one day offer a green alternative to raising livestock, help alleviate world hunger, and save some pigs their bacon. Dutch scientists have been growing pork in the laboratory since 2006, and while they admit they haven't gotten the texture quite right or even tasted the engineered meat, they say the technology promises to have widespread implications for our food supply.
LONDON (AP) — Shareholders in British candy maker Cadbury PLC are looking for a fat increase in the hostile takeover bid by Kraft Foods Inc., as Kraft faces a Tuesday deadline for changes to its bid. Cadbury shares moved above 800 pence in Monday trading, indicating the market was looking for Kraft to jump to that level or higher.
I’m the “boy who harnessed the Playstation.” And for what, exactly? Let me explain. A while back I learned about the accomplished life of one William Kamkwamba, an African who, at the age of 14, built a windmill from trash (yes, literally) in order to keep his starving family alive.