California school districts have misspent tens of millions of dollars intended to provide subsidized meals to low-income students, according to a state Senate report released Wednesday. The California Department of Education recently ordered eight districts to repay about $170 million to programs that offer free and reduced-price lunches and breakfasts, according to the investigation by the Senate Office of Oversight and Outcomes.
Flowers Foods said Thursday that its profit rose by 67 percent in the fourth quarter, as the maker of Tastykakes and various breads benefited from acquisitions and the demise of rival Hostess Brands. The company, based in Thomasville, Ga., said sales volume rose 10 percent for the October to December period. Its purchase of Lepage Bakeries, which makes Nature's Own bread, contributed to the quarter's sales.
The egg experts at the American Egg Board (AEB) and Egg Nutrition Center (ENC) teamed up with trend authorities at NPD Group and Research Chef Walter Zuromski, CEC, CCE, BS, who is AEB Culinary Advisor, to compile the following list of top egg trends for 2013.
Kentucky bourbon and Tennessee whiskey had another sales spike in 2012, led by pricier premium brands that lifted revenue above $2 billion. Mixed together, Kentucky bourbon and Tennessee whiskey sales from producers or suppliers to wholesalers rose 5.2 percent to 16.9 million cases last year, according to the Distilled Spirits Council, a national trade association that released figures Wednesday.
Regular consumption of deep-fried foods such as French fries, fried chicken and doughnuts is associated with an increased risk of prostate cancer, and the effect appears to be slightly stronger with regard to more aggressive forms of the disease, according to a study by investigators at Fred Hutchinson Cancer Research Center.
German police have recovered a cookie sculpture that may have been stolen by someone impersonating the Cookie Monster. Spokeswoman Jacobe Heers says the 20-kilogram (44 pound) gilded sculpture was found Tuesday morning outside a university. It was hanging from the neck of a horse sculpture with a red ribbon.
Green Mountain Coffee's net income rose 3 percent in its most recent quarter as it sold more single-serve coffee packs and brewers. But its forecast for revenues in the current quarter was below what analysts had been expecting and the company's stock was down almost 7 percent in extended trading.
Investigations in Poland have found no evidence backing Irish claims that Poland was the source of horsemeat that ended up in Irish and British burgers. Jaroslaw Naze, deputy head of Poland's General Veterinary Inspectorate, said Ireland needed to hand over more documentary evidence, including of labels on the suspected meat supplies, so that Polish officials can complete their own investigation.
A police officer holds a golden Leibniz cookie in front of the Leibniz University in Hannover, Germany, Tuesday Feb. 5, 2013. It is still not clear if the cookie belongs to the Bahlsen House, which reported theft in January. Someone dressed as the Cookie Monster has sent blackmails regarding the stolen cookie sculpture.
3M Co. said on Wednesday that it has named Coca-Cola Co. Chairman and CEO Muhtar Kent to its board of directors, effective April 1. The appointment expands the company's board to 11 directors. Kent, 60, has been CEO of Coca-Cola since 2008, and he became chairman in 2009. Before that he was president and chief operating officer, and was president of Coca-Cola International.
A survey conducted jointly by J.P. Morgan and the Control System Integrators Association (CSIA) reached out to nearly 1,800 professionals worldwide in the automation and control industry. The results suggest more manufacturers will look to industry experts for help in managing risk and automating their industrial equipment. Among the markets driving the activity is the food and beverage industry.
Hain Celestial Group Inc.'s said Tuesday that fiscal second-quarter profit rose 58 percent on higher revenue driven by acquisitions in the United Kingdom and rising sales of its brands elsewhere. The maker of Celestial Seasonings tea and Earth's Best baby food raised its full-year earnings outlook, but cut its revenue outlook, after revenue came in short of analysts' expectations.
Thanks to Kansas State University research, part of a healthy diet can include a hamburger rich with omega-3 fatty acids. Jim Drouillard, professor of animal sciences and industry, developed a technique that enriches ground beef with omega-3 fatty acids — fatty acids that have been shown to reduce heart disease, cholesterol and high blood pressure.
Yum Brands expects to lose 25 cents per share at the close of it's first fiscal quarter. The decline is driven by a sharp drop in sales in China, after concerns about the quality of chicken supplied to KFC, a Yum subsidiary. The company's CEO told investors that negative media coverage lasted longer than expected.
A federal report says removing four hydroelectric dams on the Klamath River in Oregon and California and restoring ecosystems will produce a big increase in salmon harvests and boost farm revenues. The 400-page report was produced by federal scientists to help the secretary of Interior evaluate whether it is in the public interest to go ahead with the $1 billion project.
Due in large part to softer same-store sales and customer traffic levels, the National Restaurant Association's Restaurant Performance Index (RPI) declined in December. The RPI — a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry — stood at 99.7 in December, down 0.2 percent from November.
Kellogg reported a fourth-quarter loss on a pension-related charge, but its underlying earnings rose as its recently acquired Pringles chips helped boost sales. The maker of Froot Loops, Eggo waffles and Pop Tarts said net sales for the period rose 18 percent to $3.56 billion.
In a study published online in the peer-reviewed journal BMC Public Health, Dr. Lenard Lesser and his colleagues suggest that the more outdoor advertisements promoting fast food and soft drinks there are in a given census tract, the higher the likelihood that the area's residents are overweight.
Gennady Onishchenko, Russia's top sanitation official, said a first round of talks between delegations from both countries was successful Monday, and that a Russian delegation will visit Georgia this month to discuss issues related to restarting the import of wine and mineral water. He said that could happen by this spring and that fruit imports may follow.
When KFC was hit by a controversy over its chicken suppliers in China late last year, parent company Yum Brands offered free drinks and ice cream to bring diners back. The company, based in Louisville, Ky., apparently didn't realize the severity of its problems; the promotion did little to assuage fears about its chicken and on Tuesday the company said it expects its earnings per share to decline 25 percent in the first quarter.