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Food & Beverage

Smithfield Launches Pork Production Videos After Pig Abuse Allegations

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

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

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

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

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

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

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

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

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

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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