Food & Beverage

  • January 23, 2007

    More Join Complaint Against U.S. Corn Subsidies

    The protest against the United States’ allegedly illegal aid to its corn farmers has grown significantly louder, with 32 countries joining Canada in the dispute at the World Trade Organization.

  • January 22, 2007

    Calls Mount For Probe Of U.S. Corn Subsidies

    Three South American members of the World Trade Organization have joined Canada in a dispute against the United States, which they claim is violating international trade standards by handing out corn subsidies to American farmers.

  • January 19, 2007

    California Lumber Company Files For Chapter 11

    California logger Pacific Lumber Co. and its subsidiaries filed a voluntary petition for Chapter 11 Thursday, citing regulatory limitations as the main cause of a recent liquidity problem.

  • January 17, 2007

    SEC Sues Former ConAgra Subsidiary Executives

    The U.S. Securities and Exchange Commission has filed a suit against three former executives of a former ConAgra Foods subsidiary, alleging they used improper accounting practices to overstate revenues.

  • January 12, 2007

    Lawmakers Launch "Blue Card" Bill

    A bipartisan group of lawmakers representing states that face mounting labor shortages have reintroduced a bill that would provide guest workers for agriculture industries on the East and West coasts.

  • January 10, 2007

    Monsanto Deal Still Plagued By Antitrust Issues

    Still plagued by antitrust issues, agricultural giant Monsanto Co. has said it could be months before its $1.5 billion proposed acquisition of cottonseed business Delta & Pine Land Co. is completed.

  • January 9, 2007

    Relations Turn Frosty Amid Corn Subsidy Battle

    Adding further tension to its trade relationship with the United States, Canada has taken its corn subsidy concerns to the World Trade Organization, convinced that the U.S. is violating international trade standards through its handouts to American corn growers.

  • January 5, 2007

    Italian High Court OKs Parmalat Suits

    Italy’s highest court has upheld the controversial law that allowed Parmalat to sue underwriters and auditors for failing to prevent the multibillion-dollar fraud that eventually sent the company into bankruptcy.

  • January 4, 2007

    Unions Sue U.S. Over Worker Gear

    Two labor unions sued the U.S. Department of Labor on Wednesday, arguing that for eight years it has consistently failed to enact a rule requiring employers to pay for protective gear such as face shields and harnesses.

  • December 18, 2006

    Swift Faces RICO Suit Over Illegal Workers

    Eighteen former employees of Swift & Co. have filed a $23 million lawsuit alleging that the meat packing company conspired to “manipulate and depress the labor market and wages by hiring illegal immigrants,” lawyers for the employees said.

  • December 13, 2006

    E.U. Court Trims Fat On Beef Cartel Fines

    A European court has slashed fines imposed three years ago by the country’s competition watchdog on French beef industry associations for their alleged participation in a price-fixing cartel.

  • November 28, 2006

    Supreme Court Hears Predatory-Bidding Case

    The U.S. Supreme Court heard arguments Tuesday in a predatory-bidding case that hinges on whether forest products company Weyerhaeuser Co. drove a smaller competitor out of business by paying too much for logs that Weyerhaeuser didn’t need.

  • November 27, 2006

    Report Could Break Australia's Wheat Monopoly

    Australia’s wheat exporting monopoly abused its “great privilege” when it gave kickbacks to get an Iraqi aid deal with the United Nations, according to a long-awaited report.

  • November 27, 2006

    Brazil To Press On With Probe Of Alleged Juice Cartel

    Under pressure from federal prosecutors, Brazil’s competition authority has rejected a proposed $46.2 million settlement from orange juice producers in a case over an alleged price-fixing cartel.

  • November 10, 2006

    Prosecutor Rejects $46.72M Deal In Orange Juice Case

    The Federal Prosecutor’s Office in São Paulo has rejected a decision by Brazil’s Justice Ministry to settle an antitrust investigation into the orange juice industry for $46.72 million, according to the Sao Paulo orange growers association, Associtrus.

  • November 2, 2006

    Waco Takes Dig At Gardening Giant’s Liquidation Plan

    As EG Liquidating Co. Ltd. takes steps toward winding down, the city of Waco has raised objections to the gardening company’s first amended joint plan of liquidation.

  • November 2, 2006

    Vegetable Producer To Pay Out $3.5M To Workers

    Thousands of field workers will share a more than $3.5 million settlement to compensate them for time they spent being bused to work by their California produce grower employer.

  • October 10, 2006

    High Court Passes On Tobacco Fund Antitrust Appeal

    The U.S. Supreme Court has declined to take up the appeal of 30 state governments that have been wrangling with three small cigarette companies over the antitrust implications of accounts established to cover damages from future tobacco-related lawsuits.

  • October 2, 2006

    Dairy Cooperative Caves In To DOJ In Antitrust Case

    Dairy Farmers of America, the world’s largest dairy farm cooperative, has agreed to sell off its stake in a smaller rival to resolve an antitrust lawsuit filed by the U.S. Justice Department, the DOJ said Monday.

  • September 28, 2006

    Monsanto Sprayed With Herbicide Antitrust Suit

    With its patented Roundup Ready seeds at the center of the debate, Monsanto Co. has been hit with an antitrust lawsuit that accuses the agricultural giant of abusing its monopoly on herbicides.