DENVER (AP) — Molson Coors Brewing Co. said Tuesday that its profit fell 6 percent in the second quarter, as increased prices and cost cuts were mostly offset by lower sales volumes and higher commodities costs. Like many brewers, Molson Coors has been struggling as consumers contend with high unemployment and difficult economic conditions.
ATLANTA (AP) — Federal prosecutors are investigating possible new charges against a Kuwaiti military food supplier accused of defrauding the U.S. government of at least $68 million, and they are seeking to question a retired U.S. Army general who works for the firm, according to court records.
COUNCIL BLUFFS, Iowa (AP) — Tyson Foods Inc. is moving ahead with a $48 million renovation at one of its plants in Council Bluffs. The Springville, Ark.-based company says Friday it will convert its cooked meats plant into a dry sausage and pepperoni operation. The project includes new equipment and a 60,000 square foot addition.
HONOLULU (AP) — The trial of two brothers accused of forcing 44 Thai workers to work on their Hawaii vegetable farm opened Friday with competing claims over who's to blame: Prosecutors said poor laborers were manipulated and deceived, while the defense argued the federal government made victims of both the farm's owners and workers.
MOORHEAD, Minn. (AP) — Union workers at American Crystal Sugar Co. on Saturday overwhelmingly rejected the company's final offer for a new five-year contract. The Forum of Fargo-Moorhead reported that more than 1,200 — or about 97 percent — of the union members voted on whether to accept the offer or risk a lockout at the company's five sugar beet processing plants.
SMITH POINT, Texas (AP) — Tracy Woody heaved a hemp bag filled with oysters across the deck of his boat and began inspecting his catch. One shell after another was empty. It's virtually official, Woody said: the third-worst drought in state history has killed any hope that Texas oysters would make up for the severe losses in Mississippi and Louisiana, where the shellfish suffered from last year's oil spill and this year's massive flooding.
COEUR D'ALENE, Idaho (AP) — Tests show no traces of salmonella were found at a northern Idaho sprouts facility that was blamed for several cases of food poisoning. Moyee Springs' Evergreen Produce recalled its alfalfa and spicy sprouts under pressure from the Food and Drug Administration, which said the plant was linked to 25 cases of salmonella poisoning in people from Washington, Idaho, Montana, North Dakota and New Jersey.
PORTLAND, Oregon (AP) — Starbucks Corp. brewed up a hot third quarter, reporting Thursday that its profit rose 34 percent to beat expectations. The world's largest coffee retailer said that despite tough economic times, more people are visiting its stores than last year at this time, and they're spending more.
MOUNT PLEASANT, Texas (AP) -- A night shift supervisor at a northeast Texas poultry plant is dead after he became pinned under the wheels of a truck backing into a loading dock. Federal workplace safety inspectors are investigating the death of Jimmy Bynum of injuries from the accident at the Pilgrim's Pride protein conversion plant in Mount Pleasant.
WICHITA, Kan. (AP) — Workers who filed a class-action lawsuit against a Kansas slaughterhouse for unpaid wages and overtime have asked a federal judge to bar Creekstone Farms Premium Beef from discovering their immigration status during the litigation. The employees have asked U.
PITTSBURGH (AP) — A federal jury delivered guilty verdicts Thursday against the last defendant in an $856 million fraud case involving a bankrupt western Pennsylvania water bottler. The jury found Robert Lynn, 67, a former vice president of Le-Nature's Inc., guilty of 10 counts of bank fraud, wire fraud, and conspiracy relating to the company's operations, U.
(AP) — This undated photo provided by the American Dairy Association shows a butter sculpture display at the Ohio State Fair in Columbus, Ohio. The fair revealed on Tuesday, July 26, 2011, that the usual cow and calf made of butter are accompanied this time by a butter space shuttle and astronaut.
(USDA) — Tri State Beef, a Cincinnati, Ohio, establishment, is recalling approximately 228,596 pounds of beef products that may be contaminated with E. coli O157:H7 , the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The following product is subject to recall: Combo bins of "TRI-STATE BEEF CO.
PLANO, Texas (AP) — Dr. Pepper Snapple's second-quarter profit fell 6 percent as the beverage maker faced higher costs and said it would be raising prices. Dr. Pepper Snapple Group Inc. said Wednesday that it is dealing with increased packaging, ingredient and transportation costs.
WASHINGTON (AP) — Diageo PLC, the world's biggest liquor producer, has agreed to pay about $16.4 million to settle civil allegations of bribing government officials in India, Thailand and South Korea to get sales and tax benefits for its Johnnie Walker and Windsor Scotch whiskeys and other brands.
NORTH LAS VEGAS (AP) — In an arid field of Joshua trees and desert brush 30 miles from the Las Vegas Strip, an isolated farm is raising thousands of recently hatched shrimp in salt-water tanks filled from a nearby well. The artificial ponds splayed across a temperature-controlled room are expected to grow half a million pounds of shrimp a year, enough to fuel Las Vegas' insatiable all-you-can-eat-shrimp habit for about a week, according to some estimates.
BATTLE CREEK, Mich. (AP) — Kellogg Co.'s third-quarter net income rose 14 percent on higher prices and stronger sales. The world's biggest cereal maker raised prices to offset higher costs and is starting to see the benefit of those adjustments. Kellogg reported Thursday that it earned $343 million, or 94 cents per share.
(AP) — In this July 22, 2011, photo, West Texas farmer Randy McGee looks over a field of corn near Lubbock, Texas, that is lost to drought. Ranchers and farmers like McGee across the state are dealing with the worst drought conditions in decades at a time when commodity prices are high.