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News Archives
Smithfield Foods Inc. reported a 61% drop in fiscal second-quarter net income, as the company was hit by weaker hog prices and a charge associated with disease at Romanian hog farms, despite strong gains in the processed-meats business. FULL STORY
Smithfield Foods Inc. reports earnings for the fiscal second quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period. FULL STORY
The Jewish Labor Committee is currently issuing a “kosher safety alert,” in hopes of impacting Agriprocessors, the country’s largest kosher slaughterhouse, which has been the subject of ongoing scrutiny. FULL STORY
Home is a shabby apartment building on the outskirts of town. Work is the late shift at a meatpacking plant. FULL STORY
Before stopping to give thanks for life's bounties tomorrow, let's consider for a moment a different kind of bounty that's been less of a blessing lately. That's the abundance of debt made available by banks and bond investors for so many years. FULL STORY
The Department of Agriculture began to allow the importation of older Canadian cattle into the U.S. on Monday for the first time in more than four years, marking a final rollback of trade restrictions imposed after the 2003 discovery of mad cow disease in Canada. FULL STORY
The U.S. Department of Agriculture has told Tyson Foods Inc. that it can no longer label its products as "raised without antibiotics," a blow to one of the nation's largest chicken producers. FULL STORY
Tyson Foods Inc.'s fiscal fourth-quarter earnings fell short of expectations, and the meat processor predicted that its current fiscal year could be an even bigger disappointment if the beef business remains depressed. FULL STORY
Poultry giant Pilgrim's Pride Corp. worked on Tuesday to assuage investor concern whether it can offset the impact of rising costs and labor shortages at its plants with plans to increase automation and raise prices in its foodservice contracts. FULL STORY
Tyson Foods Inc.'s fiscal fourth-quarter earnings fell short of expectations, and the meat processor predicted that its current fiscal year could be an even bigger disappointment if the beef business remains depressed. FULL STORY
Hours after last Friday’s explosion and fire at the Domino Sugar Corp. refinery, the plant’s employees didn’t know when the downtown manufacturing facility would resume normal operations. FULL STORY
The familiar yellow and white bags of Domino sugar are once again rolling off the conveyor belts at the Key Highway plant, one week after an explosion blew out windows and rendered the powdered sugar mill a total loss. FULL STORY
Agricultural giant Cargill Inc. said on Saturday it is recalling over 1 million pounds of ground beef distributed in the United States because of possible E. Coli contamination. FULL STORY
An explosion on the top floor of the Domino Sugar plant on Key Highway in South Baltimore this morning that blew out windows and could be felt across the Harbor has been contained, fire officials said. FULL STORY
The process of writing legislation has often been compared to sausage-making, but rarely is rotten meat actually present at a congressional hearing. FULL STORY
A federal judge earlier this week denied a motion filed by lawyers
for the nation's largest kosher meatpacking plant to dismiss part of
a class action lawsuit against the company.
FULL STORY
Smithfield Foods Inc. filed a civil racketeering lawsuit Wednesday against the United Food and Commercial Workers union, which for more than a decade has waged an outspoken campaign to organize workers at the company's massive hog slaughterhouse in rural North Carolina. FULL STORY
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