With tacit support from President Barack Obama, House Republicans were moving Wednesday to try to defuse a potential debt crisis with legislation to prevent an economy-rattling fiscal crisis for at least four months. The GOP legislation marks a tactical retreat by House Speaker John Boehner, R-Ohio, who is eager to avoid a potential first-ever default on U.S. payment and debt obligations.
Two New Jersey men have sued Subway, saying the world's biggest fast-food chain has been shorting them on its so-called footlong sandwiches. The filing made Tuesday seeks compensatory damages from the company and a change in practices. Plaintiffs' lawyer Stephen DeNittis says the company should either make their sandwiches 12 inches long or stop advertising them as footlongs.
H.J. Heinz Co. said that an early payment to a company it bought a Chinese soy sauce maker from in 2010 will hurt its fiscal third-quarter earnings by 4 cents per share. The Pittsburgh-based ketchup maker acquired Foodstar, which manufactures Master brand soy sauce and fermented bean curd in China, from Transpac Industrial Holdings Ltd. for $165 million.
Annie's Inc. is voluntarily recalling seven kinds of frozen pizza sold nationwide over the possible risk that metal fragments made their way into the dough. The organic and natural food company said it issued the recall after finding out that a metal mesh screen at a third-party flour mill had failed. As a result fragments of the mesh were found in the flour and pizza dough.
A recent petMD survey on the topic of pet nutrition revealed confusion among pet owners regarding the nutritional needs of dogs and cats. While 57 percent of respondents rightfully look to pet food labels for information about the ingredients in their pet's food, what is written on the labels is often misinterpreted.
After ongoing litigation, the Dairy Farmers of America have reached a tentative $159 million settlement with dairy farmers in 14 states who sued the organization over what the farmers called anti-competitive business practices that drove down the price of milk and hurt farming operations by depriving them of revenue.
McDonald's Corp. eked out a higher profit in the fourth quarter with the help of its Dollar Menu and the McRib, but the world's biggest hamburger chain also warned that a key sales figure is expected to drop this month. The negative forecast reflects the intensifying competition and changing dining habits McDonald's is facing.
A rice mill will spend $13.4 million on an expansion and modernization of its facility in eastern Calcasieu Parish, the company and Gov. Bobby Jindal's administration said Tuesday. Jindal said Tuesday that the 55,000-square-foot expansion of Farmers Rice Milling Company's packaging and distribution plant will allow it to increase processing speed and volume.
Most people will be cheering for the San Francisco 49ers or Baltimore Ravens during Super Bowl XLVII on Feb. 3. But Coca-Cola is asking viewers to cheer for three very different groups in an interactive marketing blitz during the big game: a troupe of showgirls, a band of cowboys and a biker-style gang of "badlanders" — all on a quest for a thirst-quenching Coke in a desert.
Southeastern dairy farmers from 14 states have reached a tentative settlement for nearly $159 million in their antitrust lawsuit against the Dairy Farmers of America over claims of dairy price controls. The preliminary settlement heads off a civil trial that was to have begun Wednesday in U.S. District Court in Greeneville.
The NAACP's New York state branch and the Hispanic Federation have joined beverage makers and sellers in trying to stop the rule from taking effect March 12. With a hearing set Wednesday, critics are attacking what they call an inconsistent and undemocratic regulation, while city officials and health experts defend it as a pioneering and proper move to fight obesity.
Coca-Cola's 2013 Super Bowl campaign, which will include TV spots as well as a Web site and interaction with consumers on social media sites like Twitter and Instagram, is the beverage maker’s latest attempt to capture interest of people who watch the Big Game with a second screen such as a tablet or smartphone nearby.
Simple actions by consumers and food retailers can dramatically cut the 1.3 billion tons of food lost or wasted each year and help shape a sustainable future, according to a new global campaign to cut food waste launched today by the UN Environment Programme (UNEP), the Food and Agriculture Organization (FAO) and partners.
The food and aquaculture industries should reconsider how they treat live crustaceans such as crabs, prawns and lobsters, according to a Queen’s University Belfast researcher who has found that crabs are likely to feel pain. The latest study by Professor Bob Elwood and Barry Magee from Queen’s School of Biological Sciences looked at the reactions of common shore crabs to small electrical shocks.
The Food Processing Suppliers Association (FPSA) today announced that it will be partnering with a long list of academic institutions in order to develop the educational program for PROCESS EXPO 2013, taking place at Chicago's McCormick Place from November 3-6, 2013.
The Worldwatch Institute reports that organic farming has expanded threefold since 1999, with organic farmers largely centralized in regions like Australia and the Pacific Islands. According to the organization, 84 countries have now implemented organic certifications or regulations.
The first stage of an investigation into how the federal government makes fishing rules has found flaws in record-keeping and financial disclosure by fishery managers. The report by the Inspector General of the U.S. Commerce Department was released Wednesday.
A European Union high court has ruled that only brewing giant AB InBev has the right to use the trademark "Bud" in Europe after rejecting a challenge from Czech company Budejovicky Budvar. After the EU's General Court dismissed Budvar's case, the Czech company said it would consider an appeal at the EU's highest court.
According to global food advertising network Gourmet Ads, the real challenge is getting out in front of consumers in a compelling way, in order to generate sales and maintain your position in the grocer's aisle. And the key to doing that these days is the Internet.
Despite a slight decline between 2009 and 2010, since 1999 the global land area farmed organically has expanded more than threefold to 37 million hectares, according to new research conducted by the Worldwatch Institute for its Vital Signs Online service.