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.
KANSAS CITY, Mo. (AP) — Four cases of infants sickened by a rare bacteria sometimes linked to powdered formula, including two who died, are not related and parents can continue using the products to feed their babies, two federal agencies announced Friday. Scientists with the Centers for Disease Control and Prevention and the Food and Drug Administration tested various types of powdered infant formula and distilled water, known as nursing water, and found no cases of contamination by Cronobacter sakazakii.
COLLINGSWOOD, N.J. (PRNewswire) — The haves and have-nots—that's what's driving health and eco consumer purchasing this year—gluten free, non-GMO, and no antibiotics. According to a recent MamboTrack™ survey by Mambo Sprouts Marketing , consumers are as concerned about what's not in their products as what is.
CHICAGO, Ill. (PRNewswire) — Many Americans have made New Year's resolutions, often involving diets and healthy eating. Technomic has found that an increasing number of restaurants are able to meet these consumers' needs by creating dishes that are low in fat, calories and sugar and proudly describing these healthful properties.
NEW YORK, N.Y. (PRNewswire) — Looking for the hot new diet trends to follow in 2012? Who better to ask for help than the nation's top nutrition experts? In a survey by Pollock Communications, a full-service public relations agency with long-standing relationships in the food and wellness industry, responses from more than 200 RDs in their network were tallied to identify the top 2012 nutrition trends for consumers and food companies.
ROME (AP) — The new head of the U.N. food agency says he expects food prices to stay volatile in 2012 — and more people to go hungry. Jose Graziano da Silva, Brazil's former food security minister, took over as director-general of the Food and Agriculture Organization Jan.
PORTLAND, Maine (AP) — The Gulf of Maine shrimp fishing season could be a short one with the 2012 catch limited to a third of the 2011 harvest. Shrimp fishermen have been given a catch limit of 4.4 million pounds for the upcoming season, down from the 13 million pounds they caught last season.
ALBUQUERQUE, N.M. (AP) — With much of the Southwest struggling with drought, many ranchers and dairy farmers are having difficulty finding enough hay for their livestock and making tough choices: pay up to twice as much as last year and ship it in from hundreds of miles away or do without and sell off some of their herd.
CHICAGO (AP) — An animal rights group wants Illinois to install highway signs in memory of cattle killed when trucks hauling them flipped in two separate wrecks. People for the Ethical Treatment of Animals has asked for permission to buy the markers, one in suburban Chicago and one northwest of Peoria.