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Food & Beverage

FDA unveils plan to recruit young science staffers

July 21, 2008
According to the Associated Press, the Food and Drug Administration has unveiled a plan for recruiting young staffers to replace the hundreds of scientists retiring from the agency. The FDA
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Pilgrim''s Pride cuts 600 jobs at Arkansas plant

July 16, 2008
Chicken producer Pilgrim''s Pride Corp. will cut 600 jobs at an Arkansas plant in response to record-high prices for feed, the Associated Press reports. Pilgrim''s Pride will consolidate its tray-pack
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Amgen to pay J&J $200 million to settle antitrust suit

July 14, 2008
According to Reuters, Amgen Inc said recently it will pay Johnson & Johnson $200 million to settle litigation alleging drug discounts offered by Amgen to cancer clinics violated antitrust laws.Amgen,
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Anheuser-Busch being sold to InBev for $52B

July 14, 2008
According to the Associated Press, the maker of the King of Beers has agreed to go to work for the Belgian brewer InBev SA. Anheuser Busch Cos. said it had
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InBev, Anheuser hold deal talks: source

July 11, 2008
According to Reuters, Anheuser-Busch Cos Inc has finally begun negotiations for a friendly merger with InBev NV, a source familiar with the situation said recently, sending shares of both brewers
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Heinz to buy French sauce maker Benedicta

July 7, 2008
According to the Associated Press, Ketchup and salad dressing maker H.J. Heinz Co. said recently it plans to buy Paris-based sauce maker Benedicta to grow its sauce business in France.Financial
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Push for more HIV screens to drive Gilead''s growth

June 30, 2008
According to the Associated Press, increasing efforts by U.S. cities such as New York to expand HIV testing will boost Gilead Sciences'' bottomline, since more than 80 percent of the
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Tyson buys majority stake in India chicken company

June 30, 2008
According to the Associated Press, meat producer Tyson Foods Inc. said recently it bought majority ownership of a poultry processing business in India.Tyson said it acquired 51 percent ownership of
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UK lawmakers criticize Heinz over ad

June 27, 2008
According to the Associated Press, a group of British lawmakers said recently that foodmaker Heinz Co. was wrong to withdraw a television advertisement that showed two men kissing.Six legislators from
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S.Korea''s Dongwon seeks to buy StarKist, shares up

June 23, 2008
According to Reuters, South Korean food group Dongwon is in talks to buy StarKist from Del Monte Foods Co, the companies said recently, sending both companies'' shares up at least
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