After consideration, Chiquita Brands International, Inc. confirmed Thursday it will decline the unsolicited cash offer it received from the Cutrale Group and the Safra Group to acquire all outstanding common stock of the company at $13 a share.
USDA’s Food Safety and Inspection Service (FSIS) launched new expedited tracing procedures that will allow the agency to trace contaminated ground beef back to its source more quickly, remove it from commerce and find the root cause of the incident.
Releasing genetically engineered fruit flies into the wild could be a cheap, effective and environmentally friendly way to control pests according to new research from scientists at the University of East Anglia (UEA) and Oxitec Ltd.
A Garden City, Kansas meat processing plant owned by Beef Products Inc. (BPI) will begin to collect beef trimmings next week and resume operations after controversy surrounding the company’s lean, finely textured beef product forced the facility to close in 2012.
The finance director of the Pennsylvania Liquor Control Board (PLCB) has proposed to raise the price of wine and liquor, upping the markup from 30 percent to 35 percent in response to increases in pension and health care expenses, according to an internal memo obtained by the Associated Press.
Favorable weather conditions in the nation’s agricultural states have yielded increasing amounts of corn and soybeans which are expected to reach record-breaking numbers in 2014.
Boasting 132 individual tubes of chocolate candies, the Great Wall of Chocolate is the world’s largest candy wall and focal point of the new M&M’S World in Shanghai, M&M’S first store in Asia.
The Grocery Manufacturers Association has released a report highlighting progress in environmental sustainability, leadership and innovative business practices among food, beverage and consumer product companies that are working to reduce their environmental footprints.
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