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Food & Beverage

Smithfield Launches Pork Production Videos After Pig Abuse Allegations

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According to the Associated Press, Smithfield Foods Inc. is giving consumers a behind-the-scenes look at the world''s largest pork producer on the heels of animal abuse allegations at one of
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Dean Foods President Scalzo Leaves Company

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The Associated Press reports that Dean Foods Co. recently announced that Joseph Scalzo, one of its top executives, has left the company as part of a reorganization of its top
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Anheuser-Busch to Close Wis. Plant

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According to bizjournals.com, Anheuser-Busch plans to close its malt plant in Manitowoc, Wis., in six to nine months, affecting 13 employees. The decision was made based on current market forecasts,
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Indian State Allows Claims against Coca-Cola

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The Associated Press reports that an Indian state has passed a law allowing residents to seek compensation from soft drink giant Coca-Cola for alleged environmental damage from a former bottling
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Diageo in $2.1 Billion Deal for Turkish Liquor Maker

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According to The New York Times, Diageo will buy Mey Icki, a Turkish liquor company, for $2.1 billion, in a deal that will expand the British spirits maker’s global
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Bunge to Pursue Australia Sugar Opportunities as Bid Blocked

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According to Bloomberg, Bunge Ltd., will continue to seek acquisition opportunities in the sugar industry in Australia, the third-largest exporter, after its $127 million bid for Tully Sugar Ltd., was
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Kansas Recovers $5.8 Million in Medicaid Fraud Settlements

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According to bizjournals.com, Kansas has recovered $5.8 million in Medicaid fraud settlements during the past couple of weeks. The largest chunk — $4.25 million — came from a settlement with
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Poultry Group Doubts Validity of Published Paper

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According to the Associated Press, evidence dismissed as "junk science" during Oklahoma''s fight against pollution from the Arkansas poultry industry has been accepted for publication in a scientific journal, but
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Nestle Emerging Market Growth to Offset Cost Increases

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Reuters reports that Nestle, the world''s biggest food maker, said strong demand in emerging markets would help it offset a steep rise in input costs in 2011 after it beat
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Coca-Cola Recipe Revealed

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According to TheStreet.com, Coca-Cola''s tightly guarded recipe was reportedly published by National Public Radio''s This American Life earlier this week. To find the top secret 125-year-old recipe, This American Life
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