OAK BROOK, Illinois (AP) — McDonald's Corp. said Thursday a key revenue figure rose 7.4 percent in November on strong demand from markets around the world. In the U.S., sales were boosted by sales of breakfast items and the seasonal addition of the peppermint mocha to the company's coffee menu.
TOKYO (AP) — Japan is spending 2.3 billion yen ($29 million) from its supplementary budget for tsunami reconstruction to fund the country's annual whaling hunt in the Antarctic Ocean, a fisheries official confirmed Thursday. Tatsuya Nakaoku, a Fisheries Agency official in charge of whaling, defended the move, saying the funding helps support Japan's whaling industry as a whole, including some whaling towns along the devastated northeastern coast.
GENEVA (AP) — Swiss food and drinks giant Nestle SA says it has received Chinese government approval to buy a majority stake in candy maker Hsu Fu Chi. Nestle says it will proceed with its plan to buy 60 percent of Hsu Fu Chi in a deal valued at about $1.7 billion. The Hsu family will retain the remaining 40 percent stake.
Washington, D.C. (EWG) — Parents have good reason to worry about the sugar content of children’s breakfast cereals, according to an Environmental Working Group review of 84 popular brands . Kellogg’s Honey Smacks, at nearly 56 percent sugar by weight, leads the list of the 10 worst children’s cereals, according to EWG’s analysis.
LOUISVILLE, Ky. (AP) — Liquor maker Brown-Forman Corp. said Thursday that fiscal second-quarter profit rose 2 percent due to higher sales for its flagship Jack Daniel's Tennessee Whiskey, and its vodka and tequila brands. The Louisville, Ky., company, which also sells Southern Comfort and Finlandia vodka, said revenue rose 12 percent in the August-October quarter, but it spent more on advertising to promote new products such as Southern Comfort Fiery Pepper and a honey-flavored Jack Daniel's.
SMITHFIELD, Va. (AP) — Smithfield Foods Inc. said Thursday that its fiscal second-quarter earnings slid 16 percent, as costs climbed. The pork producer also faced a tough comparison with last year's quarter, when market factors enabled it to boost prices. Despite the latest earnings decline, its adjusted results still beat Wall Street expectations.
NEW YORK (PRNewswire) — Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Middle District of North Carolina on behalf of investors who purchased Primo Water Corporation ("Primo Water" or the "Company") (NASDAQ: PRMW) pursuant and/or traceable to the Company's initial public offering on or about November 4, 2010 and August 10, 2011, inclusive.
ST. LOUIS (AP) — The U.S. Department of Agriculture will release a new antitrust rule regulating meat companies that's stripped down from an earlier, more far-reaching proposal. The final rule being released Thursday is far different from a sweeping proposal the Obama administration proposed last year.
WASHINGTON (AP) — The wife of Justice Stephen Breyer has sold her holdings in food and drink company Nestle to allow the justice to participate in a case involving a company that Nestle recently bought. Supreme Court spokeswoman Kathy Arberg says Joanna Breyer sold the stock Wednesday morning, shortly before the justices were to take the bench to hear arguments.
MONTGOMERY, Ala. (AP) — Jeremy and Lindsey Brown of Montgomery and their two daughters, 2-year-old Ansley and two-month-old Lydia Grace, have been named Alabama's outstanding young farm family by the Alabama Farmer's Federation. The Browns are poultry farmers and were presented the award this week during the federation's annual meeting in Mobile.
MADISON, Wis. (ABM) — On Monday, Chick-fil-A released a statement in the wake of criticism surrounding a lawsuit the company has filed against a Vermont small business owner and artist, Bo Muller-Moore, who is seeking to trademark "Eat More Kale" for use in his t-shirt business. The fast food company alleges that the phrase too closesly resembles the company's own catchphrase "Eat mor chikin" and therefore impinges on Chick-fil-A's trademark.
magazine also reported that CR's tests found "elevated levels of compounds that indicate spoilage" in samples from Nordic Naturals Ultimate Omega 1000mg (180 count). Just as digital versions of the story were being readied for publication, however, the company challenged that conclusion based on the fact that its product includes natural lemon oil as a flavoring.
MIAMI (AP) — Burger King customers can soon personalize more than just their Whopper. The fast-food chain announced Tuesday that it has agreed to put Coca-Cola Co.'s Freestyle machines at its more than 850 company-owned stores nationwide. The specialty fountain soda machine allows customers to select from more than 100 beverages.
SMITHFIELD, Va. (AP) — Pork producer Smithfield Foods Inc. is expected to report leaner profits when it reports its fiscal second-quarter results Thursday, trimmed by lower prices than a year earlier and higher grain costs. WHAT TO WATCH FOR: Last year's second quarter makes for a tough comparison.
TOKYO (Kyodo) — Sales of alcohol-free beverages that taste like beer and wine remain on an upward trajectory as an increasing number of people are abstaining from drinking alcohol for health reasons or forgoing purchases of alcoholic drinks amid weakening consumer sentiment in the wake of the March 11 earthquake-tsunami disaster.
ATHENS, Greece (AP) — It's the ultimate belt-tightening handbook: No Meat? Push an eggplant through the grinder instead. Chew your food long enough for your stomach to feel full. And don't forget to sweep crumbs off your table and into a jar. These are some of the tips Greeks used to survive the World War II occupation that have been collected in "Starvation Recipes" — a cookbook that has become a surprise hit as millions of Greeks struggle to make ends meet in a new era of hardship brought on by economic crisis.
BIRMINGHAM, Ala. (AP) — Alabama agriculture officials are considering whether prisoners can fill a chronic labor shortage the farm agency blames on the state's new law against illegal immigration. Brett Hall, a deputy commissioner with the Alabama Department of Agriculture and Industries, said planting season is coming up in south Alabama, and some growers fear most of their usual workers have left the state because of the law.
MOUNT CARROLL, Ill. (AP) — A northwestern Illinois company has gone out of business and paid nearly $270,000 in federal fines after two teenage workers suffocated in a July 2010 grain bin accident, the Occupational Safety and Health Administration said Tuesday. Two workers — 19-year-old Alejandro Pacas and 14-year-old Wyatt Whitebread — died and a third worker was injured.
(PRNewswire) — Sartori has been named "Best USA Cheese" at the 2011 World Cheese Awards. The company's Sartori Limited Edition Cognac BellaVitano was named received a Super Gold Medal and finished Third In The World overall. (PRNewsFoto/Sartori Company) Two Horse Meat Plants Being Considered In Wyo.
(PRNewswire) — SUBWAY® Restaurants dietician Lanette Kovachi, MS, RD provides tips on how to get kids to eat their vegetables in her health and nutrition column and video, titled, "Help! My Children Won't Eat Vegetables!" which is available online at the Subway restaurant chain's website, www.