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Food & Beverage

Tyson chair will step down as executive

October 1, 2007
According to the Associated Press, Tyson Foods Inc. said recently that Chairman John Tyson will step down as an executive, although he remains chairman, effective immediately. Tyson will continue to
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Heinz sees strong fiscal 2008

September 24, 2007
The Associated Press reports that ketchup maker H.J. Heinz Co. will "over-deliver" on its fiscal 2008 revenue guidance, Chief Executive William R. Johnson said recently during a conference. At a
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Coors Brewing CEO resigns

September 14, 2007
The Associated Press reports that Frits van Paasschen is resigning as president and chief executive of Coors Brewing Co. to take a job outside the industry, parent Molson Coors Brewing
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Court revives poultry workers'' pay suit

September 11, 2007
According to the Associated Press, work does not have to be strenuous to merit pay, an appeals court recently ruled in reviving a lawsuit filed by poultry workers. Tyson Foods
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Abbott spent $2.4 million on lobbying

September 10, 2007
Drug maker Abbott Laboratories spent $2.4 million lobbying the federal government in the first half of 2007, according to the Associated Press. Abbott lobbied Congress and federal agencies on dozens
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Drug trade group spent $10.7 million lobbying

August 20, 2007
The Associated Press reports that the Pharmaceutical Research and Manufacturers of America spent $10.7 million in the first half of 2007 to lobby the federal government, according to a disclosure
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Boston Beer buys Pennsylvania Diageo brewery for $55 million

August 6, 2007
Boston Beer Co., which brews Samuel Adams beer, has signed a purchase and sales agreement with Diageo PLC''s U.S. division to buy the distiller''s Pennsylvania brewery for $55 million, the
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GlaxoSmithKline drug could be withdrawn

July 30, 2007
As the Food and Drug Administration prepares to ask experts about safety issues related to GlaxoSmithKline PLC''s diabetes drug Avandia, one analyst said there''s a chance the drug will be
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Dairy farmers sue Dean Foods

July 30, 2007
A group of dairy farmers has filed two lawsuits accusing Dean Foods Co., Dairy Farmers of America and National Dairy Holdings and other entities of monopolizing milk production in the
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NAACP chief refused entrance at hog plant

July 23, 2007
The president of the North Carolina NAACP was turned away recently when he tried to visit the Smithfield Foods Inc. hog slaughterhouse in Tar Heel, the Associated Press reports. The
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