The world's largest bourbon producer is dipping into moonshining's colorful past to create its own batches of white whiskey. Beam Inc.'s newest spirit is called Jacob's Ghost in honor of Jacob Beam, founding distiller of its flagship Jim Beam brand. Jacob's Ghost resembles the potent concoction that flowed from the pioneering whiskey-maker's still in the 1790s or from a moonshiner's still today.
Heinz CEO William Johnson is entitled to a golden parachute worth $56 million if he's fired by the company's new owners. Warren Buffet's Berkshire Hathaway and 3G Capital announced last month they were buying the ketchup maker in the food industry's richest acquisition ever. Pittsburgh-based Heinz, which also makes baked beans, vinegar, Classico pasta sauce and Ore-Ida potatoes, disclosed Johnson's deal in a regulatory filing Monday.
To celebrate the state's craftsmanship and the destinations where it's nurtured, breweries, hotels, restaurants and other businesses combine forces with the North Carolina Brewers Guild and North Carolina Division of Tourism for the inaugural North Carolina Beer Month, April 2013.
With sales approaching a record $200 billion, the adult beverage industry continued on its growth path in 2012 despite a challenging economic environment. The trends in spirits, wine and beer prove yet again that Americans are embracing adult beverages as appropriate accompaniments to food and socializing.
Coca-Cola Co. gave Chairman and CEO Muhtar Kent a pay package worth $21.6 million last year, as the world's biggest beverage maker navigated shifting drinking habits in the U.S. and sold more of its drinks overseas. The compensation is up from the $21.2 million Kent received in 2011.
The Obama administration threw a new twist in a more than yearlong debate over how best to humanely deal with a rising number of abused and neglected horses with a statement urging Congress to reinstate a ban on equine slaughter as federal officials indicate they might soon grant the inspection needed to start processing horse meat in New Mexico.
Monster Beverage is hitting back at a lawsuit alleging its energy drinks were responsible for the death of a 14-year-old Maryland girl, saying that no blood test was performed to confirm that the girl died of "caffeine toxicity." The disclosures come amid intensifying scrutiny of energy drinks and their caffeine levels.
Federal regulators have proposed $45,000 in fines against the operator of a food plant in Norfolk where two workers were burned. The U.S. Department of Labor's Occupational Safety and Health Administration says Henningsen Foods Inc. had seven safety violations, including one repeat, during an inspection after the accident in October 2012.
On Monday and Tuesday, March 4 and 5, more than 100 stakeholders from the Alabama Gulf Seafood industry are gathering at the Mobile Convention Center with a singular goal in mind — to increase demand regionally, nationally and internationally, for seafood sourced from Alabama’s Gulf waters.
Anheuser-Busch InBev, the maker of Budweiser, is hitting back after a class action lawsuit was filed against the company in several states alleging that it waters down its beers. Anheuser-Busch InBev took out newspaper ads touting its involvement in relief work with the Red Cross, providing drinking water in the wake of natural disasters.
In addition to the many grocery chains that carry cage-free eggs, Burger King committed to using 2 percent cage-free eggs in 2007 and more than doubled that in a year, and by 2008 reached 6 percent of the total. Wendy's, Dunkin' Donuts and other chains have followed suit.
Florida's citrus crop has suffered huge losses this year, with fruit falling from trees and the overall production forecast declining about 10 percent, but the problems shouldn't translate to a price increase at the breakfast table — yet.
Tyson Foods has announced plans to close its small processing plant in Springdale. The company announced this week that "changing demand for certain specialty products" led to the decision to shut down the plant.
The maker of Budweiser is using splashy newspaper ads to poke fun at a lawsuit that alleges its beer is watered down. In full-page ads in 10 U.S. newspapers on Sunday, including The New York Times and Los Angeles Times, Anheuser-Busch InBev shows one of the 71 million cans of drinking water it has sent to the American Red Cross and other relief organizations responding to disasters.
The parent company of Superior Dairy hopes to add a Golden Guernsey Dairy plant. A company trustee says LEL Operating Co. has made a $5.5 million bid for the plant and put down a $500,000 deposit. The plant closed two months ago and its owner filed for bankruptcy.
Lenka Cernikova takes samples of food to test it on traces of horse meat in a widening European food labeling scandal at a veterinary laboratory in Prague, Czech Republic, Wednesday, Feb. 27, 2013. Horsemeat has turned up across Europe in frozen supermarket meals such as burgers and lasagna, in beef pasta sauce, on restaurant menus, in school lunches and in hospital meals.
Lawmakers are looking to boost Maine's troubled lobster industry with proposals that would pump more money into marketing the state's signature seafood and offer tax breaks to encourage more lobster processing. The moves follow last year's chaotic fishing season that saw a lobster glut, a crash in wholesale prices and tensions boil over.
The horsemeat scandal hitting Europe has yet to spread to the United States, allowing American consumers to rest easier when buying ground beef. The United States has rigorous meat inspections and horsemeat isn't readily available. So, while it's certainly possible that small amounts of hidden horse meat have made their way into the United States, it's unlikely to become a larger problem.
A massive spill at a Chivas plant has sent the smell of spirits flowing through a Scottish sewer and sorrow coursing through the hearts of Scotch whisky fans. Chivas Brothers Ltd. spokeswoman Jennifer Stevenson says the group is investigating what she described as an "accidental loss" of spirit at the company's bottling plant in Dumbarton, Scotland on Feb. 26.
Automatic federal budget reductions set to take effect Friday could fall like a meat ax on the small Iowa town of Columbus Junction, where a sprawling Tyson Foods hog processing plant dominates the economy. The White House has warned that 6,300 meat and poultry plants could slow production or temporarily shut down under the across-the-board cuts, which may force USDA to furlough meat inspectors for up to 15 days through Sept. 30.