Oil giant BP has asked a federal judge to disregard objections from a fraction of claimants and give final approval to a proposed multibillion-dollar settlement over economic damages from the Gulf oil spill. BP was joined in the request by plaintiffs' attorneys who helped broker the class-action deal spawned by the 2010 disaster.
Fred Frank poses for a photo in his vineyard at Dr. Konstantin Frank Vinifera Wine Cellars in Hammondsport, N.Y., Tuesday, Oct. 23, 2012. Frank, worries the region's carefully tended reputation is in danger if tourists who make the long trip up from the New York City area and elsewhere have to deal with traffic created by gas drilling.
Burger King Worldwide today announced the refranchising of 42 company-owned BURGER KING® restaurants in the metro-Atlanta area to GPS Hospitality which is operated by Tom Garrett, former president and CEO of Arby’s Restaurant Group, Inc.
South Dakota's row crop harvest continued to progress last week, with nearly all of corn for grain harvested. The U.S. Agriculture Department says in its weekly crop and weather report that 96 percent of the corn for grain has been harvested, up from 90 percent the previous week. This is above the five-year average of 34 percent.
Wegmans Food Markets Inc. says it's recalling a brownie mix after reports from two consumers about allergic reactions to undeclared milk in the product. The recall involves 17.2-ounce packages of Wegmans Gluten Free Double Chocolate Brownie Mix the company started selling in May at its 80 supermarkets in New York, New Jersey, Pennsylvania, Virginia, Maryland, and Massachusetts.
Kroger says it has stopped stocking sprouts as of Monday because of their "potential food safety risk." The nation's largest traditional grocer joins Wal-Mart Stores Inc., the world's largest retailer, which pulled sprouts in 2010. The grocer says current technology can't assure that sprouts are safe to eat because germs can reside inside the seeds.
The legal action is the latest salvo in a seven-year feud between Hickory Hills Processing and the U.S. Food Safety and Inspection Service. Donald Carpenter said he's exempt from inspections because he only butchers animals, typically cows, for people who want meat for personal use. He doesn't have retail or wholesale sales.
Clicks & Cravings: The Impact of Social Technology on Food Culture is a joint study by The Hartman Group and MSLGROUP Americas to explore how food culture in the United States has evolved under the influence of social and digital media.
Sales in the third quarter of 2012 increased by 6 percent at constant exchange rates driven by an excellent performance in Latin America. Sales in the first nine months of the year increased by 9 percent to reach a record $11 billion, with volume up 6 percent and prices up 3 percent.
Nebraska's corn and soybean harvest is roughly a month ahead of normal this fall, but the continued drought has hindered the winter wheat crop. The U.S. Department of Agriculture said Monday that this year's harvest continues to run on a different schedule in Nebraska.
Jack Daniel's Sinatra Select will sell at major airports worldwide and high-end retail stores in the U.S. and perhaps abroad, said James Perry, an executive with Louisville-based Brown-Forman Corp., parent of Jack Daniel's Tennessee Whiskey.
The U.S. Department of Agriculture says a Honolulu company is recalling more than 4,000 pounds of ground beef products distributed to Oahu restaurants because the products may be contaminated with E. coli. The department's Food Safety and Inspection Service said Monday Higa Meat & Pork Market is recalling 10 pound bags of "Higa Market-Ground Beef Bulk."
The highly caffeinated Monster Energy Drink has been cited in five deaths and one non-fatal heart attack, according to reports that the U.S. Food and Drug Administration is investigating. The reports claim that people had adverse reactions after they consumed Monster Energy Drink, which comes in 24-ounce cans and contains 240 milligrams of caffeine, or seven times the amount of the caffeine in a 12-ounce cola.
This Halloween, Tastykake is joining forces with North America's largest chocolate manufacturer, The Hershey Company, to introduce a new treat that combines the "best of both worlds." New Kandy Bar Kakes are the perfect blend of cake and candy, made with real quality ingredients and featuring HERSHEY'S most popular flavors.
While the increasing focus on products and nutrition panels has been somewhat helpful, The Hartman Group believes that the obesity issue is really one that is symptomatic of larger cultural shifts occurring in how people in America eat… and eat too much.
SunTrust Banks Inc. on Monday posted sharply higher third-quarter earnings, largely due to the regional bank's sale of shares it owns in The Coca-Cola Co. But SunTrust reported higher expenses amid persistently low interest rates, and its shares slipped in morning trading.
The landscape of Mingaladon township on the northern outskirts of Myanmar's main city tells a story of economic upheaval. Skeletons of factories for a new industrial zone rise from thick green rice paddies local farmers say were seized by one of Myanmar's most powerful companies.
A quarter-century after pioneering the socially responsible business movement, Ben & Jerry’s is throwing its support behind the growing B Corporation (B Corp) movement, a network of companies that meet what Inc. magazine has called "the highest standard for socially responsible businesses."
Agriculture Commissioner Mike Strain proposed to borrow $7 million to take ownership of a failed sugar cane mill in southwestern Louisiana built with state dollars and now teetering on default of its debt payments. If the mill defaults on its debt, the bank would take over the property.
Archer Daniels Midland Co. has offered to buy Australian grain handler GrainCorp for about $2.77 billion. GrainCorp says it is considering the non-binding offer that values it at 11.75 Australian dollars ($12.13) per share, which comes to 2.68 billion Australian dollars.