Subway now has more restaurants worldwide than McDonald's. The sandwich chain surpassed the world's largest hamburger chain in terms of number of stores in the U.S. in 2002 and now it has taken the global lead. Subway had 33,749 restaurants worldwide at the end of last year, according to the company.
LOUISVILLE, Kentucky (AP) — Liquor company Brown-Forman Corp. posted a 30 percent increase in its third-quarter profit on Tuesday, beating Wall Street estimates on the strength of surging international sales and a robust showing by its flagship Jack Daniel's brand. The Louisville-based company also raised its full-year earnings outlook and reported improving results in the United States, where the economic downturn has made consumers less inclined to venture out to drink at bars and restaurants.
(AP) — Indian women sort red chilies at a field near Ahmadabad, India, Monday, March 7, 2011. Giving women better access to land, technology and other agricultural resources could reduce the number of hungry people by up to 150 million, said a U.N food agency report, released in Rome on the eve of international women's day.
NEWPORT, Ore. (AP) — Jeff Boardman has been a shrimp fisherman for three decades, plying the waters of the Oregon Coast at the helm of the Miss Yvonne. He's an agile businessman, moving his homeport from Yaquina Bay to Charleston last year because that's where the shrimp were, so he could cut fuel costs.
WASHINGTON (AP) — Certain packaged and bulk containers of in-shell hazelnuts and mixed nuts made by DeFranco & Sons of Los Angeles have been recalled because they could contain E. coli bacteria. Seven cases of E. coli infection, possibly linked to the nuts, have been reported in Michigan, Minnesota and Wisconsin.
SIOUX CITY, Iowa (AP) — Global Foods Processing Inc. has announced plans to expand its operation in Sioux City with the construction of a new facility on the site of the former John Morrell & Co. meatpacking plant. The company already has a plant in Sioux City. It employs 175 people and KTIV-TV in Sioux City reported that the $10 million expansion would add nearly 200 jobs.
DES MOINES, Iowa (AP) — An organics watchdog group's criticism of a cereal company that describes its products as "all natural" is the latest in the debate about whether the term is being used to confuse consumers or simply give them more information. The Wisconsin-based Cornucopia Institute recently filed a complaint with the Federal Trade Commission against Hearthside Food Solutions, makers of Peace Cereal.
WEIRTON, W.Va. (AP) — Four workers have been injured — one of them seriously — in a steam accident at a West Virginia tin mill. The plant in Weirton, about 30 miles west of Pittsburgh, Pa., is owned by the world's largest steel maker, Luxembourg-based ArcelorMittal. It makes rolled steel sheets for use in cans for food and other products.
(AP) — Jaye Cuccia, owner of Evans Creole Candy Factory Inc., makes pralines in the confectionary store in the French Quarter section of New Orleans, Tuesday, Feb. 8, 2011. Cuccia said she raised prices in late November for the first time in about eight years, from $14.95 to $18.90 for a box of 10 pralines.
ATLANTA (AP) — Wendy's is relaunching its fast-food chain in Japan, with plans to open its first restaurant in Tokyo later this year. Wendy's/Arby's Group Inc. said Wednesday that it has formed a joint venture with Japanese food importer and distributor Higa Industries Co, to develop and operate the chain in Japan.
BRUSSELS (AP) — The world's largest brewer Anheuser-Busch InBev saw fourth-quarter net profit fall by 24 percent largely on lower asset sales, but investors were cheered to hear that the dividend was more than doubled and that growth in Brazil and Asia was compensating for a more subdued performance in the U.
CAMDEN, N.J. (AP) — Campbell Soup Co. says President and CEO Douglas Conant will take several weeks off work following surgery scheduled for Monday. The company says the procedure has long been planned and will be a follow-up to treatment he received after he was injured in a car crash in July 2009.
In the pastures of northeastern Vermont, Jasper Hill Farm's Ayrshire cows feast on grass and clover, producing a fresh, sweet milk that fuels some of the country's most beloved cheeses. "Our approach is to distill the landscape," says Mateo Kehler, cheesemaker and co-founder of the creamery.
DES MOINES, Iowa (AP) — "The Other White Meat" has another slogan. The National Pork Board on Friday replaced the decades-old ad campaign with a new message: "Pork: Be Inspired." Board officials said after nearly 25 years, it was time to move on from the old message that compared pork to chicken and instead try to increase sales by focusing on the estimated 82 million Americans who already eat pork.
PITTSBURGH (AP) — H.J. Heinz Co.'s third-quarter net income rose 20 percent as revenue rose in the U.S. and emerging markets and the company raised prices to offset higher commodity costs. The maker of ketchup and Ore-Ida French fries also said Thursday it plans to acquire an 80 percent stake in S.
ROME (AP) — Global food prices have reached their highest point in 20 years and could increase further because of rising oil prices stemming from the unrest in Libya and the Mideast, a U.N. agency warned Thursday. Skyrocketing food prices have been among the triggers for protests in Egypt, Tunisia and elsewhere and raised fears of a repeat of the food price crises in 2007 and 2008.
FRANKFORT, Ky. (AP) — Liquor company Brown-Forman Corp. said Tuesday that it has agreed to sell its California-based Fetzer Vineyards to Chilean wine producer Vina Concha y Toro S.A. for $238 million. Louisville-based Brown-Forman said it expects selling Fetzer to increase its full-year earnings by 20 cents to 30 cents per share.
INDIANAPOLIS (AP) — Dow Chemical Co.'s Indianapolis-based agricultural division says it has taken the next step toward gaining international patent rights for its new strain of genetically engineered corn that it says will help farmers battle a new strain of "super-weeds." The Midland, Mich.
TRACY, Calif. (AP) — A Northern California food supplier is recalling 64,000 pounds of chicken and pork products because some broccoli in the products was found to be contaminated with listeria. The U.S. Department of Agriculture said Tuesday that Taylor Farms Pacific of Tracy is recalling several premade dishes after routine testing discovered the contamination.