NEW YORK (AP) — Shares of Diamond Foods Inc. slid more than 10 percent in premarket trading Friday after a published report of a federal inquiry into whether the snack maker's financial practices involved criminal fraud. On top of that, two large stockholders recently sold most of their shares.
DALLAS (AP) — Dr Pepper Snapple Group Inc. and its oldest but smallest bottler announced Wednesday that they were ending their 120-year relationship to settle a trademark feud over a retro-version of the soda that had become the Texas bottler's specialty. The company and the bottler, Dr Pepper Bottling Co.
(AP) In this Jan. 5, 2012 photo, Geriann Headrick, acting food service manager at the Flandreau Indian School in Flandreau, S.D., cuts bison meat. The school began preparing school meals with fresh bison meat this year as part of a project between the Flandreau Santee Sioux tribe and South Dakota State University researchers to restore the cultural significance of the animal and consumption of bison meat among community members, particularly the youth.
LEESBURG, Va. (The National Conference Center) — The National Conference, located in Leesburg, Virginia is one of the largest and most comprehensive conference training centers in the nation. It has more than 900 rooms and boasts the largest ballroom in Northern Virginia. NCC also has a highly skilled, award-winning executive chef who is often tasked with producing more than 3,000 meals a day.
DUBLIN (AP) — Guinness parent Diageo PLC will build a new Dublin base for brewing Ireland's famed stout but its two other Irish breweries making other brands will close at a cost of about 100 jobs, the British drinks giant announced Thursday. Diageo said the new €153 million ($195 million) brewery on the sprawling Guinness site at St.
PITTSBURGH (AP) — A black man who says racial discrimination forced him to quit working at a Panera Bread restaurant has sued its franchisee, claiming the company doesn't want black employees in positions where they interact with the public. His lawsuit echoes allegations by a white manager of the suburban Pittsburgh store who sued last year, claiming he was fired for defending the employee.
WICHITA, Kan. (AP) — A government report shows the nation's growers planted more of their land into winter wheat for harvest this year amid high prices and easing drought conditions in Kansas, Oklahoma and Texas. The National Agricultural Statistics Service said Thursday that planting of winter wheat acres across the nation totaled 41.
The government said Thursday that it expects no real change in next fall's tight corn supply, a factor that promises little relief from high food prices. The U.S. Department of Agriculture estimated that there will be 846 million bushels of corn on hand at the end of the summer. The forecast was mostly unchanged from last month's estimate.
LITTLE ROCK, Ark. (AP) — A Coca-Cola bottling plant in central Arkansas will get rid of nearly 50 production jobs as it ships bottling duties to facilities elsewhere in the state and in Texas. Coca-Cola spokeswoman Luisa Casso said Wednesday that the Little Rock plant will lose 49 jobs as the company moves production work to facilities in West Memphis and Dallas.
RED BANK, N.J. (PRNewswire) — HealthyWomen, the nation's leading nonprofit health information source for women, and Allrecipes, the world's #1 digital food brand, joined forces to survey home cooks about their healthy eating habits and, in particular, fast food consumption. Findings from the 1,563 persons polled, who were largely female, showed more than 56 percent ate at fast food restaurants at least several times a month.
ROME (AP) — A U.N. agency says food prices dropped sharply at the end of 2011 but that uncertainties over the global economy makes predictions for the future unclear. The Rome-based U.N. Food and Agriculture Organization said in its report Thursday that the decline was driven by sharp falls in international prices of cereals, sugar and oils due to bumper crops coupled with slowing demand and a stronger U.
BOISE, Idaho (AP) — A grocery industry lobbyist met with Gov. C.L. "Butch" Otter and other officials last month over mounting a campaign to privatize Idaho's state-controlled liquor sales, as retailers like Costco Wholesale Corp. hope privatization success in neighboring Washington late last year will spread elsewhere.
MONTPELIER, Vt. (AP) — Flooding from Tropical Storm Irene swept away some bales of hay Doug Turner grew to feed his dairy cows and ripped open others, contaminating them with muddy water. When the water receded, he had to mow down a third of his corn, which had turned brown and moldy.
SEARCY, Ark. (AP) — A federal bankruptcy judge has signed off on the $1.3 million sale of Searcy-based Yarnell's Ice Cream to Schulze & Burch Biscuit Co. U.S. Bankruptcy Judge James Mixon signed the order Monday confirming the sale of Yarnell's to the Chicago-based snack manufacturer.
NEW YORK (AP) — Coca-Cola Co. says it alerted the Food and Drug Administration after it found some Brazilian growers had sprayed their orange trees with a fungicide that is not approved for use in the U.S. The FDA had said Monday that an unnamed juice company detected low levels of the fungicide in orange juice products after testing its own and competitors' products.
In this Aug. 30, 2011 file photo, farmer's fields in Rutland, Vt. are flooded from Tropical Storm Irene in this aerial view. The storm wiped out some fields and flooded others. Agriculture officials are worried crops won't be as nutritious for cows, which will cut down on production, or could be moldy, at a time when feed prices are high.
ALPENA, Mich. (AP) — Michigan officials have reached their three-year goal of protecting cattle farms in areas at highest risk for bovine tuberculosis, they announced Tuesday. The Michigan Department of Agriculture and Rural Development said that the $3.6 million project combined the efforts of cattle owners, the Alpena and other conservation districts, state and federal government agencies and the Michigan State University Extension.
ST. LOUIS (AP) — Agribusiness conglomerate Archer Daniels Midland Co. will cut 1,000 jobs company wide, the company's CEO announced Wednesday. The majority of the positions will be salaried staff, CEO Patricia Woertz said in statement. The move will cut about 15 percent of the Decatur, Ill.
PITTSBURGH (AP) — Two more businessmen associated with the massive $800 million fraud scheme at a defunct western Pennsylvania soft drink company have been ordered to spend five years in prison. Former Le-Nature's Inc. Chief Operating Officer Jonathan Podlucky and North Carolina businessman Donald Pollinger both received sentences Tuesday well below federal guidelines in return for their cooperation in the case.
NEW YORK (AP) — Hostess Brands Inc., the maker of Twinkies and Wonder Bread, is seeking bankruptcy protection, blaming its pension and medical benefits obligations, increased competition and tough economic conditions. The filing on Wednesday comes just two years after a predecessor company emerged from bankruptcy proceedings.