Although the US Securities and Exchange Commission (SEC) granted temporary relief to smaller public companies from Sarbanes-Oxley (SOX) compliance reporting, more frequent than quarterly filing/reporting may be in the wings for all public companies, according to a white paper from six international accounting companies.
With Control of Congress passing to the Democrats, changes are taking place on key food industry related committees. Virginia Republican Bob Goodlatte will step down as chairman of the House Agriculture Committee.
Totally Chocolate began operations in its new 60,000-sq.-ft. manufacturing facility in Blaine, WA. The facility features new molding and packaging lines for producing premium chocolate gifts and bars.
According to a recent FDA report, the September 14th CDC-confirmed E coli outbreak affecting 204 people in 26 states was traced back to Monterey County spinach grower and producer, Natural Selection Foods in San Juan Bautista, CA.
Agriculture Secretary Mike Johanns and US Trade Representative Susan Schwab have praised the WTO ruling against EU-member state bans on agricultural biotech products.
Kraft Foods announced a new executive team. Jeri Finard has been named to the newly created position of EVP & Chief Marketing Officer to lead consumer innovation and marketing services.