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Food & Beverage

Kraft launches hostile bid for Cadbury

November 9, 2009
The Associated Foreign Press reports that Kraft Foods has launched a hostile 9.8-billion-pound takeover bid for Cadbury. The cash and stocks offer matches the terms of Kraft''s original bid in
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Kraft earns $826 million, but not likely to overbid for Cadbury

November 4, 2009
Kraft Foods reported quarterly profits of $826 million beating analysts’ expectations, but prompting the company to cut its forecast for full-year revenue growth, according to The New York Times.
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Tainted ground beef may be linked to two deaths

November 3, 2009
According to the Associated Press, contaminated fresh ground beef caused a possible E. coli outbreak that killed two people and sent 16 others to hospitals, reported by health officials in
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Secretary''s mishap results in $1.26 billion judgement against PepsiCo

October 29, 2009
According to the Associated Press, two men who claim PepsiCo stole their idea to sell bottled water sued the company in Wisconsin and won a $1.26 billion judgment after
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Wisconsin man gets jail time for $50 million fire at meatpacking plant

October 27, 2009
Two brothers convicted of firing a military flare that sparked a meatpacking plant fire the day after Independence Day in suburban Milwaukee will celebrate the next three Fourth of Julys
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Field trial demonstrates expertise in PHA for non-food crops

October 26, 2009
Metabolix, Inc., a bioscience company focused on developing sustainable solutions for plastics, chemicals and energy, has completed a field trial of tobacco, genetically engineered to express polyhydroxyalkanoate (PHA) bio-based
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FDA warns food producers about inaccurate claims on packaging

October 21, 2009
Ever wondered how that "Smart Choices" sticker wound up on the front of a box of Froot Loops or Cocoa Puffs? Well, federal health officials are having similar thoughts,
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Geologist hired kids, friends for expert report in poultry case

October 19, 2009
A geologist admitted that he hired his own three daughters and family friends to do legwork for a report that became the backbone of Oklahoma''s pollution lawsuit against the Arkansas
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Northeast dairy farmers sue milk handlers

October 14, 2009
The Associated Press reports that a group of dairy farmers is suing four milk marketing firms, saying they''ve engaged in monopolizing the market into which farmers have had to sell
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Tsunamis a blow to tuna cannery industry

October 12, 2009
Normal 0 0 1 376 2147 17 4 2636 11.1282 0 0 0 The tsunami that killed nearly 200 people in the Samoas also dealt a vicious blow to
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