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Food & Beverage

FDA Says Bristol-AstraZeneca Diabetes Drug May Cause Cancer

Bloomberg reports that Bristol-Myers Squibb Co. and AstraZeneca Plc’s new diabetes pill may cause breast and bladder cancer, according to U.S. regulators weighing whether to clear sales of the medicine.
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Tyson Foods Cited for Alleged Violations

The Occupational Safety and Health Administration has issued 10 violations against a Tyson Foods Inc. meatpacking plant in northeast Nebraska, according to the Associated Press. The federal agency cited the
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Mo. Gov. Nixon Approves Grain Dealer Requirements

Missouri grain dealers will face more stringent financial requirements under legislation signed by Gov. Jay Nixon in response to the most costly grain fraud scheme in state history, according to
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Revised Rules Aim to Speed New Alzheimer''s Drugs

According to the Associated Press, the government is making it easier to test new Alzheimer''s drugs, hoping to speed progress toward new treatments for the mind-robbing disease. One of every
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Smucker Co-CEOs Pay Packages Shrink in Fiscal 2011

J.M. Smucker Co.''s co-CEOs, great-grandsons of founder Jerome Monroe Smucker, both received smaller pay packages in the 2011 fiscal year than in 2010, according to Associated Press calculations. Timothy Smucker,
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Heinz CEO''s Pay Rose to $15.6 Million in Fiscal Year 2011

The Associated Press reports that H.J. Heinz Co. CEO William Johnson saw the value of his pay package increase 5 percent to nearly $15.6 million in the most recent fiscal
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Dairy Group Spent $325,000 Lobbying

According to the Associated Press, the International Dairy Foods Association spent $325,000 in the first quarter lobbying on safe transportation, dietary guidelines and other issues. That is more than the
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Johnson & Johnson Wins Approval for New Blood Thinner

Johnson & Johnson said that U.S. regulators have approved its new type of blood thinner shown to reduce deadly blood clots in patients who have undergone knee and hip replacements,
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ERB Plans $1.3 Billion Tree-to-Energy Plants at Brazil Factories

Bloomberg reports that ERB (Energias Renovaveis do Brasil), a Brazilian developer of biomass energy, may invest as much as 2 billion reais ($1.3 billion) to build dedicated power plants to
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Eli Lilly Spends $2.5 Million Lobbying Government in First Quarter

According to the Associated Press, Eli Lilly and Co. spent $2.5 million in the first quarter lobbying the federal government on access to foreign markets, tax issues and a host
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