Two U.S. senators on Friday again called on federal regulators to close what they say are loopholes that allow energy-drink makers to sell products with additives and high levels of caffeine that the lawmakers say have not been proven safe.
Peanut butter prices soared last year after a drought and high heat in the Southeast, where most peanuts are grown. This year, that region got a break while farmers in most of the rest of the United States suffered huge losses in the widest drought in decades.
Hershey reported a 10 percent drop in third-quarter net income as one-time charges led to the first such decline in four quarters, but it raised its profit outlook for the whole year. The maker of Reese's Pieces, Hershey's Kisses and Jolly Ranchers earned $176.7 million, or 77 cents per share in the three-month period ended Sept. 30.
McDonald's will start selling bags of ground coffee at its restaurants in Canada next month, a move that could spread to other regions around the world if successful. The world's biggest hamburger chain says the ground coffee will be available in the majority of its 1,400 stores by Nov. 8.
The Coca-Cola Co. and its bottlers say they're more than doubling their investment in Vietnam over the next few years, as the world's biggest beverage maker intensifies its push to capitalize on emerging markets. The Atlanta-based company said Friday that it will invest an additional $300 million in Vietnam over the next three years.
Diamond Foods Inc. said Thursday that it will restate two additional quarters of financial data as the snack food company tries to clean up the fallout from its improper accounting of payments to walnut growers. The company launched an internal investigation last year that ultimately found the company improperly accounted for payments to walnut growers in 2010 and 2011.
Sterling-Rice Group has identified the top ten food trends that will be served on restaurant menus and line the supermarket shelves across the U.S. in 2013. With a breadth and depth of culinary experience, the brand strategy, innovation, and creativity firm has counseled and created foods for several of the largest food companies in the world.
The worst U.S. drought in decades showed little sign of easing last week as farmers closed out their corn and soybean harvests and turned their attention to winter wheat, which has been struggling to break through the moisture-starved soil in some states, according to a weekly report.
The new managers of XL Foods Inc. are taking immediate steps to ensure the troubled plant meets requirements that will allow it to continue operations. Bill Rupp, CEO of JBS USA's North America and Australia beef business, says the first goal is getting the plant up and running and after that, management will consider whether to move forward with purchasing the plant.
While the Fall Classic between the San Francisco Giants and Detroit Tigers pits clubs from two very different cities, the distinctive style and taste of each team's partisans also pours through the beer taps at their ball yards. San Francisco's craft beer obsession is on full display at the Public House, a ball yard bar on Willie Mays Plaza just outside the stadium's main entrance.
Lawyers for ABC News are asking to have a defamation lawsuit against the company filed by a South Dakota beef processing plant transferred from circuit court to federal court. Beef Products Inc. sued ABC News Inc. for defamation over its coverage of a meat product that critics dub "pink slime."
Radioactive cesium levels in most kinds of fish caught off the coast of Fukushima haven't declined in the year following Japan's nuclear disaster, a signal that the seafloor or leakage from the damaged reactors must be continuing to contaminate the waters — possibly threatening fisheries for decades, a researcher says.
While the Fall Classic between the San Francisco Giants and Detroit Tigers pits clubs from two very different cities, the distinctive style and taste of each team's partisans also pours through the beer taps at their ball yards.
Gov. Andrew Cuomo said state government will put the promotion of beer, wine and liquor made in New York "on steroids" to boost jobs and help the small, yet growing industries. Cuomo met with farmers, orchard growers, beer breweries and distillers of whisky, vodka, brandy and vermouth Wednesday in Albany for a "Wine, Beer and Spirits Summit."
The UK Government has announced that by 2013 a new consistent front-of-pack food labeling system is to be introduced. The new system is still voluntary but the UK government is confident that the food industry will utilize the new system. Plans are to amalgamate the existing colour coded traffic lights and guideline daily amounts used.
Coca-Cola Enterprises Inc. reported a drop in its third-quarter profit and revenue Thursday as the bottling company struggled with the weak economy in Europe and the drag of currency translations. It also announced plans to restructure parts of its businesses but did not disclose how many jobs would be cut.
In response to a study on artificial sweeteners published in the American Journal of Clinical Nutrition, the American Beverage Association maintained the safety of aspartame's use in beverages. The group said that aspartame has been deemed safe for decades by the world's leading toxicologists, as well as the National Cancer Institute and other regulatory agencies and public health experts around the world.
The government says Kellogg Co. has agreed to pay a $500,000 penalty to resolve Clean Air Act violations at manufacturing facilities in Battle Creek and Grand Rapids. The agreement with the Battle Creek-based company was announced Thursday by the U.S. attorney's office in Grand Rapids.
Rabobank has published a new research report on the tremendous increase of the U.S. snack bar market over the past ten years, which has grown at twice the rate of other snack foods and nearly three times the rate of the overall packaged food sector.
Peco Foods says it will add 300 jobs in eastern Arkansas by expanding a feed mill in Newark and a processing plant in Batesville. The company says the expansion will bring its total employment in Independence County to 866. The company says it plans to invest a total of $13.8 million in the two facilities.