Latest Food manufacturing News

Broadcom and Apple slip while PG&E and Tyson Foods advance

Sep. 13, 2019 4:44 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. Broadcom Inc., down $10.26 to $290.32 The chipmaker maintained a weak revenue forecast for the year and warned that demand remains low. PG&E Corp., up $1.08 to $11.18 The utility and a group of insurers reached an $11 billion...

US, China exchange goodwill gesture ahead of trade talks

Sep. 12, 2019 8:28 PM EDT

WASHINGTON (AP) — The United States and China traded conciliatory gestures, raising hopes they can deescalate a standoff over trade that has shaken financial markets and cast gloom over the global economy. In Beijing, China's Commerce Ministry said Thursday that Chinese importers are asking U.S. suppliers...

Bitter road to Brexit hits condiment producer's bottom line

Sep. 12, 2019 9:13 AM EDT

LOUGHBOROUGH, England (AP) — Britain hasn't left the European Union yet, but the long, drawn-out and bitter road to Brexit is already causing financial problems for B I Europe Limited, a family-run food company in central England. The reason is straightforward: Britain missed two deadlines to leave the EU...

Judge: StarKist to pay $100M fine in tuna price-fixing case

Sep. 11, 2019 7:50 PM EDT

SAN FRANCISCO (AP) — A federal judge in San Francisco on Wednesday ordered StarKist Co. to pay a $100 million fine in a canned tuna price-fixing conspiracy involving the industry's top three companies. The Pittsburgh, Pennsylvania-based company was also sentenced to 13 months of probation. The Tuna giant...

China to boost pork output as swine fever drives up prices

Sep. 11, 2019 8:45 AM EDT

BEIJING (AP) — China is launching a nationwide initiative to boost pork production following a price spike blamed on a devastating outbreak of African swine fever. The government will take steps to accelerate the revival of hog production, prevent and control African swine fever and upgrade farms to...

Americans love snacks. What does that mean for their health?

Sep. 9, 2019 1:06 PM EDT

NEW YORK (AP) — Americans are addicted to snacks, and food experts are paying closer attention to what that might mean for health and obesity. Eating habits in the U.S. have changed significantly in recent decades, and packaged bars, chips and sweets have spread into every corner of life. In the late...

UK worries Brexit could bring 'chlorinated chicken' from US

Sep. 8, 2019 12:52 PM EDT

NEW YORK (AP) — Could Brexit bring America's "chlorinated chicken" to the United Kingdom? The European Union has long refused to import poultry from the United States that is routinely rinsed with chemical washes to kill germs. But the United Kingdom's planned exit from the EU is putting the practice back...

Mississippi: Veggie burgers must be clearly labeled

Sep. 6, 2019 3:54 PM EDT

JACKSON, Miss. (AP) — Mississippi is considering new rules that let companies continue to use food-labeling terms such as "veggie burger" and "vegan bacon," as long as the terms are prominently displayed so consumers understand the products are not meat. The state agriculture department on Thursday...

US farmers hope Trump delivers on trade deal with Japan

Sep. 5, 2019 12:37 AM EDT

WASHINGTON (AP) — American farmers have not only endured retaliatory tariffs from China and other nations, they've watched as most of their top foreign competitors used free trade agreements to make inroads into Japan, a historically protectionist market with nearly 127 million consumers. Now they're...

Tapestry, Michaels rise while Tyson Foods, Fortive fall

Sep. 4, 2019 5:17 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: Tyson Foods Inc., down $7.23 to $86.06 The meat producer slashed its 2019 profit forecast, citing higher commodity costs and a recent fire at a beef processing plant. Coupa Software Inc., up $11.69 to $146.09 The software...