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Food & Beverage

Anheuser board to meet to discuss InBev bid: report

June 20, 2008
According to Reuters, Anheuser-Busch’s board plans to meet in person for the first time since rival brewer InBev formally bid $46 billion for the company, the Financial Times reported, citing
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Kraft to split off Post cereals business

June 18, 2008
According to the Associated Press, foodmaker Kraft Foods Inc. said recently it will split off its Post Cereals business, a move first announced in November.Kraft will distribute via a split-off
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FDA may require cancer-risk labeling on J&J drug

June 16, 2008
The Associated Press is reporting that an experimental drug from a unit of Johnson & Johnson appears effective at treating a severe skin disease, though government regulators said recently it
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US, South Korean envoys meet on beef trade

June 16, 2008
The Associated Press is reporting that the chief trade envoys for the United States and South Korea met recently for talks meant to resolve a crisis over the resumption of
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Regulators probing alleged milk price manipulation

June 13, 2008
The Associated Press is reporting that federal commodity regulators are investigating whether the farmer-owned dairy cooperative that controls about a third of the nation''s milk supply engaged in a price
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State: All chickens exposed to bird-flu killed

June 12, 2008
The Associated Press is reporting that state officials said all the chickens exposed to a strain of the bird-flu virus at a Tyson Foods Inc. contract farm in northwest Arkansas
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Heinz to build plant in Florence, S.C.

June 9, 2008
According to the Associated Press, food maker H.J. Heinz Co. said recently it will build a manufacturing plant in Florence, S.C.The new plant will produce products for its frozen meals
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Smithfield''s profit tumbles, feed costs hurt

June 6, 2008
According to Reuters, Smithfield Foods Inc. posted sharply lower quarterly profit recently as losses in its hog unit, due in part to high feed prices, outweighed better results in its
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J.M. Smucker buys Folgers for $2.95 billion

June 6, 2008
According to the Associated Press, jams and jellies maker J.M. Smucker is adding coffee to its menu of brands by buying Folgers from consumer products company Procter & Gamble
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Police: Calif. arsonist was protesting gas prices

June 6, 2008
According to the Associated Press, police in the San Francisco Bay area say a woman set fires in the restrooms of two gas stations and a coffee house and told
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