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Food & Beverage

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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Republicans Question Proposed Meatpacking Reforms

The Associated Press reports that an effort by the Obama administration to overhaul antitrust rules for the meatpacking industry with the toughest regulations since the Packers and Stockyards Act was
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Honey Made Near Monsanto GM Maize May Face EU Limits

Bloomberg reports that beekeepers with hives close to fields of Monsanto Co.’s genetically modified maize can’t sell their honey in the European Union without regulatory approval. The unintentional presence in
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Ex-Anheuser Busch CEO’s Girlfriend Overdosed on Oxycodone

According to the Associated Press, the girlfriend of former Anheuser-Busch CEO August Busch IV died at his home after accidentally overdosing on the painkiller oxycodone. Adrienne Martin, 27, was found
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Sara Lee to Raise Prices to Cope with Cost Squeeze

According to the Associated Press, Sara Lee Corp. will raise prices further to cope with higher ingredient costs that squeezed its profit margins in its second quarter. Sara Lee, like
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GlaxoSmithKline Posts Fourth-Quarter Loss on Avandia Charge

GlaxoSmithKline PLC, the world''s second largest drug maker by revenue, has posted a fourth-quarter loss after taking a massive charge to provide for U.S. litigation over its diabetes drug, Avandia,
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PepsiCo Receives Russian Regulatory Approvals

PRNewswire reports that PepsiCo, Inc. announced that the Federal Antimonopoly Service of the Russian Federation has issued approvals for PepsiCo''s previously announced acquisition of Wimm-Bill-Dann Foods OJSC, Russia''s leading branded
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Venezuela Heinz Unit Says Strike May Cause Shortages

Bloomberg reports, H.J. Heinz Co.’s Venezuelan-unit warned that a union-led strike at its San Joaquin factory may create shortages of tomato sauce, gelatin and other products nationwide. The plant closed
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