TOKYO (AP) — This tuna is worth savoring: It cost nearly three-quarters of a million dollars. A bluefin tuna caught off northeastern Japan fetched a record 56.49 million yen, or about $736,000, Thursday in the first auction of the year at Tokyo's Tsukiji fish market. The price for the 593-pound (269-kilogram) tuna beat last year's record of 32.
PITTSBURGH (AP) — An accounting-director-turned-government witness was sentenced Tuesday to five years in prison for faking the financial records of the defunct Pennsylvania soft drink maker Le-Nature's, and the only executive to maintain her innocence in the $800 million fraud scheme was given a 15-year term.
Washington, D.C. (Equipment Leasing & Finance Foundation) —The Equipment Leasing & Finance Foundation (the Foundation) has launched its 2012 Equipment Leasing & Finance U.S. Economic Outlook. The new report, which is focused on the $628 billion equipment finance sector, forecasts equipment investment and capital spending in the United States, and evaluates the effects on various related and exogenous factors in play currently and into the foreseeable future.
WASHINGTON (AP) — The Food and Drug Administration on Wednesday ordered farmers to limit the use of a type of antibiotics they give livestock because it could make people more resistant to a key antibiotic that can save lives, encouraging news for public health advocates who say such animal antibiotics are overused.
(AP) — Kiyoshi Kimura, president of Kiyomura Co., left, cuts a bluefin tuna in front of his Sushi Zanmai restaurant near Tsukiji fish market in Tokyo Thursday, Jan. 5, 2012. The bluefin tuna caught off northeastern Japan fetched a record 56.49 million yen, or about $736,000, in the first auction of the year at the fish market.
WASHINGTON (AP) — Manufacturing grew in December at the fastest pace in six months and hiring at U.S. factories picked up. The data helped bolster the view that the economy gained momentum at the end of last year. The Institute for Supply Management, a trade group of purchasing managers, said Tuesday that its manufacturing index rose to 53.
DES MOINES, Iowa (AP) — The lack of chemicals used in organic production has created a challenge for farmers in caring for their animals: Few veterinarians are trained to treat livestock without antibiotics or other modern drugs. The shortage of veterinarians trained in organic practices has become more noticeable as the industry has boomed.
NEW YORK (AP) — Starbucks said Tuesday it is raising some prices regionally as it faces rising ingredient costs. The Seattle coffee chain is raising prices about 1 percent in the Northeast and Sunbelt regions. Starbucks wouldn't disclose all of the states its raising prices, but the regions include New York; Washington, D.
reported that the "investigation centers around the timing of a recent payment to walnut growers for their 2011 crop" and that at least one of the improper payments is estimated at $50 million. On this news, Diamond shares declined an additional $6.39 per share or 12% in two consecutive trading sessions, to close at $46.
CLEVELAND (AP) — The city of Cleveland sued the state of Ohio on Tuesday for the right to ban the sale of prepared foods that contain artery-clogging trans fats. The city filed suit in Cuyahoga County Common Pleas Court seeking to invalidate the state law blocking the ban. Mayor Frank Jackson said in announcing the lawsuit that the law unconstitutionally takes away the city's home rule rights.
ORRVILLE, Ohio (PRNewswire) — The J. M. Smucker Company (NYSE: SJM) today announced that it has completed the acquisition of a majority of the North American foodservice coffee and hot beverage business of Sara Lee Corporation ("Sara Lee") in an all cash transaction. The Company previously announced the agreement with Sara Lee on October 24, 2011.
MONROE, Wis. (AP) — A Wisconsin company says it is voluntarily recalling some cheese because of possible listeria contamination. Alpine Slicing and Cheese Conversion of Monroe announced the recall Sunday. The company says testing by an independent laboratory confirmed that some products processed on the shred line contained potentially fatal listeria.
NORFOLK, Va. (AP) — Virginia alcohol regulators say the Discovery Channel's "Moonshiners" television show is misleading viewers into thinking the state is tolerating illegal booze manufacturing and that it wouldn't have participated if they knew how the episodes would turn out. The television series is about people who brew their own moonshine and local authorities' efforts to track them down.
WASHINGTON (USDA) — The U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS), the U.S. Department of Health and Human Services' Food and Drug Administration ( FDA ), and the Centers for Disease Control and Prevention ( CDC ) today announced a public meeting to discuss federal efforts to enhance food safety strategies through the improved use and characterization of foodborne illness source attribution.
BEIJING (AP) — The sudden death of a billionaire in southern China is causing police to ask: Was it murder by cat meat? Long Liyuan, 49, died on Dec. 23 in wealthy Guangdong province after sharing a dish of slow boiled cat meat stew, a southern delicacy, with two men over a business lunch.
(AP) — In this Sept. 22, 2011 file photo, actor Alec Baldwin attends the New York City Ballet's gala opening night of Paul McCartney's "Ocean's Kingdom" in New York. Baldwin's antics aboard an American Airlines flight have gotten him grounded as a spokesman for Wegmans Food Markets, the New York-based supermarket chain.
LA PAZ, Bolivia (AP) — Bolivian authorities plan to sell more than 13,000 metric tons (14,000 tons) of rice seized from a jailed American businessman, an official said Friday. Jacob Ostreicher has been jailed without being charged since June in connection with a money laundering investigation.
SHANNON, N.C. (AP) — North Carolina deputies are investigating a farm that raises turkeys for Butterball LLC after an animal rights group said it captured undercover video showing animal cruelty. Investigators on Thursday looked through the two barns and the roughly 2,000 turkeys inside at the farm in Shannon, near the South Carolina state line.
NEW YORK (AP) — Food maker Sara Lee Corp. has purchased Tea Forte in order to enhance its foothold in the fast-growing tea business. Terms of the deal were not disclosed. Sara Lee is splitting into two separate companies during the first half of this year, with one company focused on international coffees and teas and the other on meats.
NEW DELHI (AP) — An official says at least 16 people have died after drinking a toxic home-brewed liquor over the weekend in southern India. Gaurav Uppal, a top district administrator, says another 24 poor villagers are being treated in hospitals in the Krishna district in Andhra Pradesh state.