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Food & Beverage

Bunge Expanding Sugar-Cane Crop After Drought

Bloomberg reports that Bunge Ltd., the world’s second-largest sugar trader, is planting more cane in Brazil as it recovers from a drought and plans to run its mills full capacity
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California Will Screen Milk for Radiation Contamination Amid Japan Crisis

Bloomberg reports that California officials will screen milk produced in the state for signs of radiation contamination transmitted by grass-eating cows. California authorities are reassuring residents that any radiation drifting
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Tyson, Smithfield May Increase Japanese Meat Exports Following Earthquake

Bloomberg reports that Tyson Foods Inc., the largest meat processor in the U.S., and Smithfield Foods Inc., the world’s biggest pork processor, likely will raise shipments to Japan because of
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Coke Pledges $7.3 Million to Help Japan

According to bizjournals.com, Coco-Cola Co. has pledged $7.3 million to help Japan as it continues to confront the aftermath of a 9.0-magnitude earthquake and tsunami. Atlanta-based Coca-Cola said the $7.3
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Hershey CEO Receives Total Compensation of $7.4 Million in 2010

The Associated Press reports that the pay package for the president and CEO of candy maker Hershey''s increased 16 percent last year to $7.4 million, according to Associated Press calculations
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Pepsico Unveils 100 Percent Plant-Based Bottle

Today PepsiCo Inc. unveiled a bottle made entirely of plant material, reports the Associated Press. The bottle is made from switch grass, pine bark, corn husks and other materials.
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Coca-Cola CEO''s Pay Package Increases 30 Percent

The Associated Press reports that Coca-Cola Co.''s Chairman and CEO, Muhtar Kent, received compensation valued at $19.2 million in the 2010 fiscal year, 30 percent more than the year before,
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Dean Foods Building New Dallas Plant

According to bizjournals.com, Dallas-based Dean Foods is converting a vacant structure in southwest Dallas into a manufacturing plant that could create up to 100 jobs. The plant will turn out
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AB InBev Doubles Dividend Despite Profit Fall

According to the Associated Press, the world''s largest brewer Anheuser-Busch InBev saw fourth-quarter net profit fall by 24 percent largely on lower asset sales. Investors were pleased hear that the
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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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