For the quarter, Starbucks said Thursday that global revenue at cafes open at least a year increased by 7 percent, as a result of more customers and higher spending per visit. The figure is a key metric because it excludes the impact of newly opened or closed stores.
The cow that was recently discovered with mad cow disease through routine testing in California had been euthanized after it became lame and started lying down at a dairy, federal officials revealed Thursday.
Salmonella concerns prompted Missouri-based Diamond Pet Foods to recall a second batch of dry dog food produced at a South Carolina plant where production has been suspended, the company announced Thursday.
Dairy bottlers are turning to nutritionally fortified and flavor intensive dairy products to combat a declining milk demand.
The country's largest family-owned distilled spirits company hopes to draw thousands of tourists to a small distillery it's opening in a stretch of downtown Louisville once known as "Whiskey Row," close to the site where the namesake of its popular Evan Williams bourbon once set up a whiskey still nearly 230 years ago.
The five-year bill, which would supplant the current farm act set to expire in September, also shifts the agricultural safety net to crop insurance, consolidates conservation programs and takes aim at abuses in the federal food stamp program.
The conflict over the beasts has created odd alliances among foodies, environmentalists, agribusiness, hunters, and regulators in a state that normally tries to nurture businesses but in this case wants to exterminate one.
"What we know is that 3,000 Americans die every year from preventable food-borne illnesses that are not linked" to mad cow disease, said Sarah Klein of the consumer advocacy group Center for Science in the Public Interest. "Things like E. coli, salmonella — that's where we should be focusing our attention, outrage and policy."
An Australian judge has ordered KFC to pay 8 million Australian dollars ($8.3 million) to the family of a Sydney girl left brain damaged after eating one of the fast food giant's chicken wraps.
Michigan farmers and ranchers are battling the state’s attempt to stamp out an industry that breeds fierce, sharp-tusked boars increasingly popular with adventure hunters and gourmands at tony restaurants.
State-owned Czech brewery Budvar, which has been fighting a long legal battle with American brewer Anheuser-Busch over the use of the "Budweiser" brand, says its 2010 net profit jumped 9.2 percent.
The announcement that mad cow disease was found in a California cow drew a rapid response this week from the beleaguered American beef industry, which has been enduring one crisis after another for more than a year.
Coca-Cola Enterprises Inc., which bottles the soda company's products in Europe, said Thursday that its net income rose 3 percent as it raised prices to offset higher commodity costs and a dip in volume.
Exports are big business for the U.S. beef industry, which shipped a record $5.4 billion worth of beef abroad last year. It was the first year sales surpassed those in 2003, when exports to Asia collapsed amid the first U.S. mad cow disease scare. Before Tuesday's announcement that mad cow disease had been found in a California dairy cow, the U.S. Department of Agriculture predicted exports would drop slightly this year as ranchers limit production because of drought and high feed costs.
A Los Angeles seafood company is voluntarily recalling its smoked and dry vobla fish because it may be contaminated with a bacteria that can cause botulism.
Social marketing, when used to build widespread consumer advocacy, generates an average sales lift of 6.7% for CPG brands, according to a recent study.
PepsiCo Inc.'s first-quarter net income fell slightly from a year ago, as the food and beverage giant raised prices to make up for rising commodity costs.
The standard test used to detect milk-protein residues in processed foods may not work as well as previously believed in all applications, sometimes missing ingredients that can cause milk allergy, the most common childhood food allergy, which affects millions of children under age 3, a scientist reported here today at the 243rd National Meeting & Exposition of the American Chemical Society’s (ACS), the world’s largest scientific society.
Indonesia became the first country to suspend imports of U.S. beef Thursday following the discovery this week of an American dairy cow infected with mad cow disease.