After ongoing litigation, the Dairy Farmers of America have reached a tentative $159 million settlement with dairy farmers in 14 states who sued the organization over what the farmers called anti-competitive business practices that drove down the price of milk and hurt farming operations by depriving them of revenue.
McDonald's Corp. eked out a higher profit in the fourth quarter with the help of its Dollar Menu and the McRib, but the world's biggest hamburger chain also warned that a key sales figure is expected to drop this month. The negative forecast reflects the intensifying competition and changing dining habits McDonald's is facing.
A rice mill will spend $13.4 million on an expansion and modernization of its facility in eastern Calcasieu Parish, the company and Gov. Bobby Jindal's administration said Tuesday. Jindal said Tuesday that the 55,000-square-foot expansion of Farmers Rice Milling Company's packaging and distribution plant will allow it to increase processing speed and volume.
Most people will be cheering for the San Francisco 49ers or Baltimore Ravens during Super Bowl XLVII on Feb. 3. But Coca-Cola is asking viewers to cheer for three very different groups in an interactive marketing blitz during the big game: a troupe of showgirls, a band of cowboys and a biker-style gang of "badlanders" — all on a quest for a thirst-quenching Coke in a desert.
Southeastern dairy farmers from 14 states have reached a tentative settlement for nearly $159 million in their antitrust lawsuit against the Dairy Farmers of America over claims of dairy price controls. The preliminary settlement heads off a civil trial that was to have begun Wednesday in U.S. District Court in Greeneville.
The NAACP's New York state branch and the Hispanic Federation have joined beverage makers and sellers in trying to stop the rule from taking effect March 12. With a hearing set Wednesday, critics are attacking what they call an inconsistent and undemocratic regulation, while city officials and health experts defend it as a pioneering and proper move to fight obesity.
Coca-Cola's 2013 Super Bowl campaign, which will include TV spots as well as a Web site and interaction with consumers on social media sites like Twitter and Instagram, is the beverage maker’s latest attempt to capture interest of people who watch the Big Game with a second screen such as a tablet or smartphone nearby.
Simple actions by consumers and food retailers can dramatically cut the 1.3 billion tons of food lost or wasted each year and help shape a sustainable future, according to a new global campaign to cut food waste launched today by the UN Environment Programme (UNEP), the Food and Agriculture Organization (FAO) and partners.
The food and aquaculture industries should reconsider how they treat live crustaceans such as crabs, prawns and lobsters, according to a Queen’s University Belfast researcher who has found that crabs are likely to feel pain. The latest study by Professor Bob Elwood and Barry Magee from Queen’s School of Biological Sciences looked at the reactions of common shore crabs to small electrical shocks.
The Food Processing Suppliers Association (FPSA) today announced that it will be partnering with a long list of academic institutions in order to develop the educational program for PROCESS EXPO 2013, taking place at Chicago's McCormick Place from November 3-6, 2013.
The Worldwatch Institute reports that organic farming has expanded threefold since 1999, with organic farmers largely centralized in regions like Australia and the Pacific Islands. According to the organization, 84 countries have now implemented organic certifications or regulations.
The first stage of an investigation into how the federal government makes fishing rules has found flaws in record-keeping and financial disclosure by fishery managers. The report by the Inspector General of the U.S. Commerce Department was released Wednesday.
A European Union high court has ruled that only brewing giant AB InBev has the right to use the trademark "Bud" in Europe after rejecting a challenge from Czech company Budejovicky Budvar. After the EU's General Court dismissed Budvar's case, the Czech company said it would consider an appeal at the EU's highest court.
According to global food advertising network Gourmet Ads, the real challenge is getting out in front of consumers in a compelling way, in order to generate sales and maintain your position in the grocer's aisle. And the key to doing that these days is the Internet.
Despite a slight decline between 2009 and 2010, since 1999 the global land area farmed organically has expanded more than threefold to 37 million hectares, according to new research conducted by the Worldwatch Institute for its Vital Signs Online service.
The harvest season for Alaska pollock, the nation’s largest fishery, opened Sunday, Jan. 20. The 2013 Alaska pollock Total Allowable Catch (TAC) for the Bering Sea/Aleutian Islands and Gulf of Alaska is 1,387,146 metric tons, 3.8 percent higher than last year’s TAC of 1,335,944 metric tons. Alaska pollock accounts for approximately 30 percent of all U.S. seafood landings by weight.
Long before Hostess Brands' plan to shut down made Twinkies the rage, Nancy Peppin found something special about the cream-filled snack cakes. No, she doesn't have a sweet tooth for them. But she has featured Twinkies in hundreds of pieces of quirky, satirical artwork because of an obsession with what she calls the "ultimate American food icon."
McDonald's and one of its franchise owners agreed to pay $700,000 to members of the Muslim community to settle allegations a Detroit-area restaurant falsely advertised its food as being prepared according to Islamic dietary law. McDonald's and Finley's Management Co. agreed Friday to the tentative settlement.
Thousands of Coca-Cola employees in Germany are staging short-term warning strikes this week in a dispute over wages. Workers at two Coca-Cola facilities in Bavaria walked off the job on Monday, the dpa news agency reported, and co-workers at some 50 others were to follow in the coming days in a bid to put pressure on the company ahead of the next wage negotiation round with the union.
This undated image shows "Never Forget,'' one of the most recent of dozens of pieces of art Nancy Peppin has created over the years using Twinkies and other Hostess products. A graphic artist by day for slot machine-maker International Game Technology, Peppin doesn't like to eat Twinkies. She uses them to depict popular culture similar to Andy Warhol.