President Nicolas Maduro said Saturday that he has put a halt to a plan to restrict sales of 20 basic food products in Venezuela's most populous state, a scheme critics had deemed rationing in disguise. Officials in western Zulia state had said the plan to limit sales of items such as cooking oil, flour, chicken and toilet paper — all of which are subject to price controls — could begin as early as Monday at 65 supermarkets.
Canada warned Friday that it may impose tariffs on everything from orange juice to bread if the United States doesn't change a meat-labeling policy that Canadian beef and pork industries say is costing them more than CA$1 billion (US$979 million) a year.
Lower-calorie products are driving a disproportionate share of the sales growth for many of the U.S.'s largest food and beverage companies, according to a newly released Hudson Institute study, Lower-Calorie Foods and Beverages Drive Healthy Weight Commitment Foundation Companies' Sales Growth.
Philadelphia's Eastern State Penitentiary has opened a new tourist attraction. The event will give visitors a chance to sample prison food from across the centuries and to learn about the politics, social movements and culinary influences that have come together to impact what prisoners eat.
With the completion of the deal, 3G is shifting one of its partners from the helm of Burger King to head Heinz. Bernardo Hees, 43, is taking the reins from William Johnson, who was the seventh CEO of the 144-year-old company for the past 15 years.
Starting this month, the fast-food chain says participating 24-hour restaurants in select locations will offer an "After Midnight" menu that includes its Egg McMuffin, Big Mac and Chicken McNuggets. Customers will be able to create "Midnight Value Meals," with either fries or hash browns as their side items, McDonald's says.
This weekend, Eastern State Penitentiary in Philadelphia served visitors sample inmate meals from the 1830s, 1940s and today: broiled salted beef with "Indian mush"; hamburger with brown gravy and beets; and Nutraloaf — an unappetizing concoction currently served as a punishment.
Between 85-90 percent of Oregon wheat is exported, the majority of which goes to Asian markets that made it very clear they do not want genetically modified food. Japan and South Korea already suspended some wheat orders, and the European Union is also calling for more rigorous testing of U.S. shipments.
Anheuser-Busch InBev said Friday that it completed its $4.75 billion sale of Grupo Modelo's U.S. beer business to Constellation Brands Inc. The deal was struck to satisfy the Department of Justice's anti-competitive concerns about Anheuser-Busch InBev's larger purchase of Mexican brewer Grupo Modelo.
In this Friday, May 31, 2013 photo, director of public programming Sean Kelly displays a plate of Nutraloaf, presently served in Pennsylvania prisons as a “behavior modified meal,” at Eastern State Penitentiary in Philadelphia. The historic penitentiary served visitors sample meals from the 1800s, 1900s and today on June 8th and 9th.
Target Corp. is planning a new organic and natural store brand as it works to rev up its grocery business. The big-box retailer said the new brand, called Simply Balanced, will start with drinks and snacks like corn chips on Sunday. The line is an outgrowth of similar products within its existing Archer Farms store brand, which is positioned as a premium alternative to national name brands.
A poultry plant that opened in Pine Bluff a year ago has closed its doors, putting 180 people out of work while the owners look for a buyer or new investors. Horizon Foods shut down on Monday and is seeking new money to keep the venture going.
Canada's Competition Bureau is filing charges against the Canadian divisions of global chocolate giants Nestle and Mars, accusing the companies of price fixing. Hershey Canada has already pleaded guilty of price fixing and is cooperating with the Canadian investigation.
Scrapings from the bottoms of 2,500-year-old pottery containers have shed new light on the origins of French winemaking. A team of archaeologists led by the University of Pennsylvania's Patrick McGovern used biomolecular analysis to confirm that fifth-century B.C. Etruscan amphorae found near Montpellier in southern France once contained a type of wine flavored with thyme, rosemary and basil.
Shuanghui International's $4.7 billion bid for Smithfield Foods Ltd. has the endorsement of the American company's board. But facing anxiety over food safety scandals in China and complaints about Chinese cyber spying, 72-year-old chairman Wan Long has launched a charm offensive to reassure Americans they have nothing to fear and possibly much to gain from the tie-up.
Several Washington wheat growers filed suit Thursday against Monsanto Co. over the unauthorized release of genetically modified wheat, claiming the discovery of the wheat in an Oregon field last week has damaged sales of exports. The lawsuits seek class-action status on behalf of all growers of soft white wheat who may have been harmed by the release of an unapproved product.
While coconut water was once the preserve of exotic holidays, according to new research from Mintel, coconut water has been the surprise toast of the beverage industry in recent years. Indeed, the number of product introductions more than quintupled (+540%) in the past five years and products containing it have been taking off on an international scale.
Agriculture officials have revoked the permit of a dairy plant in northern Iowa because of food safety concerns. An administrative law judge ruled Wednesday in favor of the state Department of Agriculture and Land Stewardship, which revoked the dairy plant permit for Meinders Farm Fresh Dairy in Buffalo Center. The company must cease all operations and sales.
PepsiCo is shooting down a report that the company is in talks to buy SodaStream, an Israeli company that makes at-home carbonation machines. PepsiCo Inc. spokesman Jeff Dahncke said the report in an Israeli newspaper is "completely and totally untrue."
China's workplace safety agency said negligence among factory managers and government inspectors caused "extremely chaotic" work-safety conditions at a poultry plant where a deadly fire killed 120 workers this week. Safety exits were blocked at the Jilin Baoyuanfeng Poultry Co. plant and managers neglected to hold required safety drills or worker education.