The auction for beleaguered coffee company Tully's will likely conclude Friday in federal bankruptcy court, with an ownership group led by actor Patrick Dempsey in position to take over the chain. But Starbucks isn't' out of the running.
The country's largest organic peanut butter processor linked to a national salmonella outbreak has hired back some of its employees. KRQE-TV reports that Sunland Inc. in Portales hired back the employees after getting approval from the Food and Drug Administration to allow its processing plant to get back up and running.
Chain restaurants, battered by value-hungry customers and rising commodity prices, are showing little appetite for significant menu price increases, according to a new survey of industry executives conducted by SpenDifference, a supply chain co-op that helps restaurants save money.
Weekly applications for U.S. unemployment benefits ticked up slightly last week, the latest sign of slow but consistent gains in the job market. The Labor Department said Thursday that applications rose 4,000 to a seasonally adjusted 371,000, the most in five weeks. The previous week's total was revised lower.
Diners who go to a Burger King in China can now expect to be served Pepsi, rather than the Coke they get at the fast-food chain in the United States. PepsiCo Inc. says it struck a deal to serve its drinks at Burger King in China for the first time, taking over a deal the chain had with the Coca-Cola Co.
Old-school glass jars of applesauce are still around, but these days they share shelf space in the baby food aisle with curious (and often organic) combinations like zucchini, banana and amaranth (it's a grain) packed in brightly colored pouches intended to be squished and slurped by consumers with little — and not so little — hands.
Businesses and individuals who claim BP's oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company's class-action settlement with a team of private plaintiffs' attorneys, court-supervised claims administrator Patrick Juneau said.
The owner of the Alberta beef plant being sold to a subsidiary of a Brazilian company received more than $15 million from the federal and Alberta governments since 2009. Agriculture Canada says of the money approved for XL Foods Inc., $2.475 million was in federal no-interest loans.
In this Monday, Nov. 19, 2012, file photo, people carry Argentine flags and protest outside the building where the U.S.-based Monsanto company has its offices in Buenos Aires, Argentina. Agricultural products giant Monsanto reported Tuesday, Jan. 8, 2013, that its profit nearly tripled in the first fiscal quarter as sales of its biotech corn seeds expanded in Latin America.
The 2013 International Production & Processing Expo (IPPE) has set a record with over 1,150 exhibitors, covering more than 430,000 net square feet (21+ acres) of exhibit space. Comprised of the three integrated trade shows — International Poultry Expo, International Feed Expo, and AMI’s International Meat Expo — IPPE is still growing with eight weeks left until the start of the Expo.
Northern Beef Packers, a South Dakota beef packing plant largely funded by Korean investors, has been running part time since last year and has finally ammassed enough capital to fund full-time production. According to the Associated Press, "the plant eventually will process 1,500 cattle a day from the Dakotas, Nebraska, Iowa and Minnesota, producing more than 1 million pounds of boxed beef and beef byproducts daily."
Ocean Spray Cranberries, Inc., a grower-owned agricultural cooperative, today announced it has acquired the cranberry processing business of Agrícola Cran Chile Limitada (Cran Chile) based in Lanco, Región de los Ríos, Chile. The acquisition will expand Ocean Spray’s multinational footprint and establish a sizable Cooperative presence in an important cranberry growing region.
A law enforcement group on Wednesday voiced opposition to a legislative proposal to allow wine to be sold in Tennessee grocery and convenience stores, with one police chief citing a recent high-profile alcohol abuse case at the University of Tennessee as a cautionary tale.
A beef processing plant in northern South Dakota that has been operating on a limited basis since last fall has raised enough money to enter into full production. Land for the $109 million Northern Beef Packers plant in Aberdeen was secured in 2006, but numerous problems including financial issues, lawsuits and flooding repeatedly pushed back the opening date.
Kristen Clark and others who took over liquor stores when the state got out of the alcohol business last June have had to continually tweak their business strategies to order to stay competitive with national grocery store chains and even their distributors.
Two makers of pet treats are pulling products from the market because they may contain traces of poultry antibiotics that aren't approved in the U.S. Nestle Purina PetCare is taking Waggin' Train and Canyon Creek Ranch brand dog treats off the market, while Milo's Kitchen is recalling its Chicken Jerky and Chicken Grillers home-style dog treats.
Coming on the heels of the tenth anniversary for USDA Organic as federal law, QAI (Quality Assurance International), a leading certifier of organic and gluten-free products, has unveiled its 10-year prophecy for the organic industry based on its more than two decades of experience. This year, QAI has certified more than 55,000 products in more than 48 U.S. states and 10 countries.
An explosion sparked a fire at an Archer Daniels Midland corn processing facility in Illinois Wednesday. No one was hurt in the blaze, but the company has temporarily suspended operations at the location while the cause of the fire is being investigated.
A U.N. agency plays down fears of a looming world food crisis as international coordination and flagging demand have led to a drop in food prices for the third consecutive month in December. The food price index of the Rome-based Food and Agriculture Organization edged down 1.1 percent with drops in the international prices of major cereals, oils and fats.
Archer Daniels Midland shut down operations Wednesday at its corn processing plant in central Illinois after an early morning explosion damaged the facility. A fire broke out after the explosion in the maintenance area of the Peoria plant at about 3 a.m. Wednesday, ADM spokeswoman Jackie Anderson said. Nobody was hurt, but fire officials say one person was taken to the hospital as a precaution.