Egg producer Cal-Maine Foods Inc. has agreed to settle egg antitrust class action claims for $28 million pretax. The class-action lawsuit alleges that Cal-Maine and some producers of egg products conspired to decrease the supply of eggs, causing direct purchasers to pay more than needed.
Robert Redford and former New Mexico Gov. Bill Richardson on Monday joined the divisive debate against a return to domestic horse slaughter, announcing the formation of an animal protection foundation to fight the opening of plants in New Mexico and Iowa.
Fast-food companies often own only a small percentage of their restaurants. This helps keep their operating costs in check and gives them a more stable stream of income that's tilted toward royalty fees and rent, rather than sales at restaurants.
Wendy's reported a quarterly net income that came in above Wall Street expectations and said it's selling 425 of its restaurants to franchisees, a move that's expected to help boost its profit margins. Fast-food companies often own only a small percentage of their restaurants.
Seventeen groups have joined forces to oppose a deal that would see Smithfield Foods acquired by a Chinese conglomerate. The group alleges the proposed deal threatens food safety and has sent a letter to the Committee on Foreign Investment in the United States asking it to oppose the acquisition.
Packaged Facts estimates U.S. retail sales of pet food at $20.0 billion in 2013, recovering from a recessionary slump with a 4.5 percent increase over 2011 sales. Even so, with volume sales relatively flat, competition for every pet food dollar has never been more intense.
Launched with great hopes and fanfare eight years ago, the South Dakota Certified Beef program has fallen short of its goal of helping producers sell state-branded beef as a premium product. South Dakota hasn't had a large meatpacking plant that would make processing economical, officials say.
Seafood continues to be a proven strong nutrient-rich food providing essential vitamins, minerals and omega-3 fatty acids, but consumers and some toxicologists still keep a watchful eye on safety, according to a panel discussion at the 2013 Institute of Food Technologists (IFT) Annual Meeting & Food Expo.
McDonald's is mixing up its menu with healthier, fresher sounding items such as its chicken McWraps, but not enough customers are biting. The chain reported a second-quarter profit that rose 4 percent but fell short of Wall Street expectations.
A coalition of farm and food safety groups wants federal regulators to quash the proposed sale of Smithfield Foods to a Chinese conglomerate in what would be the largest such takeover of a U.S. business. Seventeen groups sent a letter to the Committee on Foreign Investment in the U.S. asking it to oppose the sale.
Authorities in the UK have banned a Coca-Cola television ad because they say it can mislead viewers about how easy it is to burn off the calories in a Coke. The ad in question shows a variety of activities like dog walking, dancing and laughing that it says would burn off the drink's "139 happy calories."
Coca-Cola pulled the highly caffeinated Surge soda, introduced in the early 1990s, due to lackluster sales. Though Mountain Dew now dominates the ultra-caffeinated soda market, fans of the now-defunct Surge are still pushing for a comeback.
The Center for Science in the Public interest along with consumers from New York and California are moving forward with a class action lawsuit against Coca-Cola's Vitaminwater, claiming that the beverage company made false health claims on its labels.
Since opening, deVine has expanded: from one employee to about 10; from a few customers to a variety of grocery stores, corporate companies and individuals; from one small building to a large facility. Now, deVine is searching for a warehouse in Oklahoma City to supply demand.
Certain aspects of people's personalities may be a determining factor in whether they like their food plain and bland or spicy and hot, according to research presented at the 2013 Institute of Food Technologists (IFT) Annual Meeting & Food Expo.
Samples of cooking oil and leftover food taken from an Indian school where 23 children died after eating lunch last week were contaminated with "very toxic" levels of an agricultural pesticide, police said Saturday. Forensic tests revealed that the samples contained the pesticide monocrotophos.
A judge on Thursday recommended that a case challenging the claims on popular Vitaminwater drinks as misleading move forward as a class-action lawsuit. Coca-Cola Co. has been accused of using deceptive labeling on Vitaminwater beverages, including claims that they reduce the risk of eye disease.
Always an interesting subcategory in the American outlaw canon, the sudden availability of the over-the-counter stuff has taken the onetime cliche out of the dark valleys and into America's trendiest bars and restaurants. You can buy moonshine drinks of every flavor and stripe.
Former outlaws and the descendants of larger-than-life figures like Popcorn Sutton or Jack "Mimm" McClure — as well as corporate titans like Jack Daniels and Jim Beam — all are attempting to cash in on the growing trend of producing and selling legal moonshine.
Whole Foods CEO Walter Robb discusses the future of the specialty grocery giant's business. Robb says he sees a shift in consumer buying habits — toward sustainable, organic, natural, healthy products — that is in line with Whole Foods' business model and will benefit the company in the long term.