News
Beer: The Latest Sports Drink
February 22, 2011 3:58 am | CommentsPORTLAND, Maine (AP) — Beer. It's not just for couch potatoes anymore. A Bavarian brewmeister is touting its no-alcohol beer as the latest sport drink for athletes, handing it out at the finish line of sporting events and touting its regenerative benefits. Unlike Gatorade, Erdinger Alkoholfrei is served up with a frothy head.
Wal-Mart's U.S. Sales Continue Downward Spiral
February 22, 2011 3:54 am | CommentsNEW YORK (AP) — Wal-Mart Stores Inc. reported a 27 percent increase in fourth-quarter net income as the world's largest retailer benefited from cost-cutting and strong sales overseas. But a key revenue measure in the company's U.S. business fell for the seventh quarter in a row and came in worse than Wal-Mart's own projection.
Activists Menace Whalers Into Halting Hunting Season
February 18, 2011 4:12 am | CommentsTOKYO (AP) — Anti-whaling activists' high-seas confrontations with Japanese ships forced Tokyo to cut short its annual Antarctic hunt Friday for the first time, a move touted as a victory by the protesters. Sea Shepherd Conservation Society — which has thrown paint and rancid butter at the whalers and tangled ropes in their propellers — said it would continue its campaign next year.
Va. Panel Targets Booze On Billboards
February 18, 2011 4:08 am | CommentsRICHMOND, Va. (AP) — A House committee is trying to undo a court-approved agreement between the state and a major outdoor advertising company that allows billboard liquor ads in Virginia for the first time. Lawmakers learned only this week of a consent decree regarding Lamar Advertising Co.
China Randomly Testing Milk Supply For Deadly Chemicals
February 18, 2011 4:05 am | CommentsBEIJING (AP) — China has warned dairy producers that inspectors are on alert for fresh milk tainted with the industrial chemical melamine and another toxic substance extracted from leather scraps. Both additives — melamine and hydrolyzed leather protein — would make dairy products made with watered-down milk appear to have normal amounts of protein.
Tyson Calls Pollution Study 'Unreliable'
February 18, 2011 4:03 am | CommentsTULSA, Okla. (AP) — Evidence dismissed as "junk science" during Oklahoma's fight against pollution from the Arkansas poultry industry has been accepted for publication in a scientific journal, but chicken growers and a lawyer specializing in environmental law say the research provides no smoking gun.
Puerto Rico Frets About Sharp Drop In Coffee Production
February 18, 2011 4:01 am | CommentsSAN JUAN, Puerto Rico (AP) — Coffee production in Puerto Rico has fallen by half in recent years, according to harvest statistics released Thursday, as the island struggles to find workers to pick the beans despite widespread unemployment. An estimated 80,000 pounds (36,000 kilograms) of coffee was collected during the 2010-11 harvest, the Puerto Rico Coffee Buyers & Growers Association said.
Jack Daniel's Launches Ready-To-Drink Beverages
February 17, 2011 11:50 am | CommentsLYNCHBURG, Tenn. (AP) — Jack Daniel's is releasing ready-to-drink beverages in the United States next month. The drinks are Jack Daniel's Old No. 7 Tennessee sippin' whiskey with various mixers such as colas. All varieties are available in four-packs of 12-ounce recyclable aluminum bottles with four-packs of 12-ounce recyclable cans available in select states.
DCI Cheese Merges With Saputo Inc.
February 17, 2011 11:49 am | CommentsRICHFIELD, Wis.(PRNewswire) — DCI Cheese Company ("DCI") Thursday announced that the company has entered into a definitive merger agreement whereby Saputo Cheese USA Inc., a wholly owned subsidiary of Saputo Inc., will acquire Fairmount Cheese Holdings Inc. ("Fairmount"), parent company of DCI Cheese Co.
Missing Records Slow Hunt For Agriprocessors Money
February 17, 2011 11:48 am | CommentsPOSTVILLE, Iowa (AP) — Missing records are slowing efforts to recover money that could be redistributed among creditors listed by Agriprocessors Inc. The meatpacking company filed bankruptcy in November 2008 after a massive immigration raid at its Postville plant. According to The Gazette of Cedar Rapids, the bankruptcy case could continue another two years.
Feeding America: Budget Cuts Cut 'Lifeline To Struggling Families'
February 17, 2011 11:45 am | Commentsstudies, largely due to rising need as a result of the recession and widespread unemployment. With services for low-income families on the table for cuts, Feeding America's nationwide network of food banks may see a further increase in the number of people seeking help to feed themselves and their families.
Photo Of The Day: Nestle Savors $35.8B Profit
February 17, 2011 11:43 am | Comments(AP) — Nestle products are displayed during the 2010 full-year results press conference of the food and drinks giant Nestle in Vevey, Switzerland, Thursday, Feb. 17, 2011. Swiss food and drinks giant Nestle SA boasted a full-year net profit of 34.23 billion Swiss francs (US$ 35.
New England Shrimp Season May End Early
February 16, 2011 4:02 am | CommentsPORTLAND, Maine (AP) — Regulators are considering putting an early end to the New England shrimp season because fishermen are catching too many of them. Officials with the Atlantic States Marine Fisheries Commission have scheduled an emergency phone meeting Friday to consider shutting down the season — possibly next week — for the second year in a row because the harvest is fast approaching the 8.
Campbell To Spend $10M To Fight Obesity And Hunger
February 16, 2011 3:52 am | CommentsCAMDEN, N.J. (AP) — The Campbell Soup Co. is planning to spend $10 million over the next decade on a new initiative to reduce obesity and hunger among children in Camden, the company's impoverished hometown. Company officials plan to announce the initiative Wednesday but gave The Associated Press details in advance.
Judge Puts Del Monte Sale On Hold
February 16, 2011 3:49 am | CommentsDOVER, Del. (AP) — A Delaware judge has delayed a shareholder vote on Del Monte Foods Co.'s planned $4 billion acquisition by a group of private equity firms and left the door open to competing bids. In a ruling dated Monday, Vice Chancellor J. Travis Laster blasted Del Monte's financial adviser, Barclays Capital, saying the investment bank misled Del Monte's board and "secretly and selfishly manipulated the sale process" in order to obtain "lucrative buy-side financing fees.
Japan Suspends Whaling After Weeks Of Harassment
February 16, 2011 3:46 am | CommentsTOKYO (AP) — Japan has temporarily suspended its annual Antarctic whaling after repeated harassment by a conservationist group, a government official said Wednesday. Sea Shepherd Conservation Society ships have been chasing the Japanese whaling fleet for weeks in the icy seas off Antarctica, trying to block Japan's annual whale hunt, planned for up to 945 whales.
Heineken's Full-Year Profit Up 41 Percent
February 16, 2011 3:42 am | CommentsAMSTERDAM (AP) — The world's third-largest brewer Heineken NV reported strong growth in 2010 profits on Wednesday due to cost-cutting, but said its 2011 mug is half-full: consumers in rich countries are cautious and grain prices are rising, but the company expects to offset that by hiking prices.
