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Food & Beverage

Heinz recalls baby food in Hong Kong

September 29, 2008
According to the Associated Press, H.J. Heinz Co. has recalled baby food in Hong Kong that had trace amounts of melamine, the industrial chemical involved in the tainted milk
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Cephalon settles improper drug marketing case for $425M

September 29, 2008
Bizjournals reports that Cephalon will pay $425 million to settle charges that it promoted three of its drugs for uses that were not approved by the Food and Drug Administration.
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Merck to contract out some sales jobs -- after cuts

September 24, 2008
The Associated Press reports that Merck & Co. is about to contract out some of its sales work to deal with short-term vacancies in the U.S. sales force, just
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Chinese tainted milk scandal fans fear across Asia

September 24, 2008
China''s milk scandal fanned fears across Asia as countries expanded bans on Chinese dairy products to include candy and other goods and worried parents rushed their children to hospitals for
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Archer Daniels Midland, PolyOne to make bio-based plasticizers

September 22, 2008
Food processor and ethanol producer Archer Daniels Midland Co. has announced a joint venture with polymer supplier PolyOne Corp. to develop bio-based plasticizers for use in polymer formulations, according to
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PepsiCo not worried by U.S crisis, ups India investment

September 22, 2008
PepsiCo Inc. does not expect the U.S. financial crisis to hit its business and will invest an additional $500 million in India over the next three years as part of
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States ask MillerCoors to pull Sparks Red drink

September 19, 2008
According to the Associated Press, twenty-five states asked beverage maker MillerCoors LLC to abandon plans for a new caffeine-infused alcoholic energy drink. Through a letter they urged MillerCoors to abandon
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Obama, McCain advisers agree...on generic drugs

September 19, 2008
Advisers for the presidential candidates have agreed that expanding the use of low-cost generic pharmaceuticals would be near the top of the health care agendas of both Barack Obama and
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Budweiser American Ale debuts nationwide

September 17, 2008
Budweiser American Ale makes its nationwide debut on draught this week. On Sept. 29, it debuts in 12-ounce six-packs and 22-ounce singles at select on- and off-premise retail accounts. Robust
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USDA cuts estimates for corn, soybean harvests

September 12, 2008
The Agriculture Department has reduced its forecast for this year''s corn and soybean harvests due to drier weather, potentially leading to higher commodity prices, according to the Associated Press. U.S.
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