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Food Processing (Legacy)

Reuters - Business

Taco Bell parent Yum sues Grubhub for alleged violation of delivery deal

Reuters
FILE PHOTO: Taco Bell shop is seen during the opening ceremony of a Taco Bell restaurant in Bangkok, Thailand January 22, 2019. REUTERS/Soe Zeya Tun NEW YORK (Reuters) – Taco Bell parent Yum Brands Inc (YUM.N) sued Grubhub Inc (GRUB.N) on Thursday for allegedly violating a delivery contract, a day......
Reuters - Business

Nestle explores sale of Pure Life as part of water business review

Reuters
FILE PHOTO: A prototype of a water bottle made out of recycled plastic is pictured during a media visit for the inauguration of the Nestle Institute of Packaging Sciences in Lausanne, Switzerland, September 12, 2019. REUTERS/Denis Balibouse ZURICH (Reuters) – Food giant Nestle (NESN.S) said it is exploring a potential......
Reuters - Business

Trump threatens EU, China with tariffs; names Navarro ‘lobster king’

Reuters
U.S. President Donald Trump talks about a U.S. jobs report amid the coronavirus disease (COVID-19) pandemic while signing the PPP Flexibility Act of 2020 in the Rose Garden at the White House in Washington, U.S., June 5, 2020. REUTERS/Kevin Lamarque BANGOR, Maine (Reuters) – U.S. President Donald Trump on Friday......
Reuters - Business

Uber Eats features black-owned restaurants on U.S., Canadian delivery platform

Reuters
FILE PHOTO: An Uber Eats bicyclist makes a delivery during the coronavirus outbreak, in the U.S. Capitol Hill neighborhood in Washington, U.S. April 1, 2020. REUTERS/Jonathan Ernst (Reuters) – Uber Technologies Inc on Thursday launched a feature on its food delivery app Uber Eats that allows customers in the United......
Reuters - Business

China buys U.S. soybeans after halt to U.S. purchases ordered: sources

Reuters
CHICAGO/BEIJING/SINGAPORE (Reuters) – State-owned Chinese firms bought at least three cargoes of U.S. soybeans on Monday, even as sources in China said the government had told them to halt purchases after Washington said it would eliminate special treatment for Hong Kong to punish Beijing. The purchases, totaling at least 180,000......
Reuters - Business

Gum, mints and snack bar sales slump, as U.S. consumers order online amid COVID-19 crisis

Reuters
LONDON (Reuters) – Impulse purchases – gum, mints and snack bars tossed into a shopping basket as one snakes through the supermarket checkout line – are falling as more people get groceries delivered or pick them up curbside. FILE PHOTO: A customer wearing a protective mask shops in a store......
Reuters - Business

French restaurant ruling puts coronavirus claims on global menu

Reuters
PARIS (Reuters) – AXA (AXAF.PA) said on Tuesday it would meet the bulk of business interruption claims from some restaurant owners in France after it lost a court case that was seen as a potential precedent for coronavirus-related disputes across the world. FILE PHOTO: The logo of AXA insurance is......
Reuters - Business

China announces new tariff waivers for some U.S. imports

Reuters
FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song BEIJING (Reuters) – China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at......
Reuters - Business

As U.S. meat workers fall sick and supplies dwindle, exports to China soar

Reuters
CHICAGO (Reuters) – U.S. President Donald Trump ordered meat processing plants to stay open to protect the nation’s food supply even as workers got sick and died. Yet the plants have increasingly been exporting to China while U.S. consumers face shortages, a Reuters analysis of government data showed. FILE PHOTO:......
Reuters - Business

Beyond Meat plans U.S. discounts, hopes to replace beef on summer grills

Reuters
(Reuters) – Plant-based burger maker Beyond Meat plans to offer large value packs and discounts to some U.S. retailers this summer, hoping to grab a greater share of the market as prices for beef rise amid production disruptions caused by the coronavirus pandemic. FILE PHOTO: The company logo and trading......
Reuters - Business

McDonald’s profit misses estimates, shares drop 4%

Reuters
(Reuters) – McDonald’s Corp (MCD.N) missed Wall Street estimates for quarterly profit on Thursday as some restaurants in Europe and elsewhere remained closed to curb the spread of the coronavirus pandemic. FILE PHOTO: Yandex.Eats food delivery courier rides a scooter among plastic-wrapped tables of McDonald’s restaurant, as the spread of......
Reuters - Business

Tyson Foods temporarily pauses operations at beef facility in Dakota City

Reuters
FILE PHOTO: Packages of Tyson food beef meat loaf are reflected in a mirror as they sit on a refrigerator for sale at a grocery store in Encinitas, California May 29, 2014. REUTERS/Mike Blake (Reuters) – Tyson Foods Inc (TSN.N) is halting operations at a beef facility in Dakota City,......
Reuters - Business

Starbucks expects China recovery by September as coronavirus seen easing

Reuters
(Reuters) – Starbucks Corp (SBUX.O) said on Tuesday it sees sales in China, the company’s biggest growth market, recovering by the end of September, following a massive drop in same-store sales in the current quarter on fallout from the coronavirus pandemic, which forced Starbucks to close stores around the globe.......
Reuters - Business

Piglets aborted, chickens gassed as pandemic slams meat sector

Reuters
CHICAGO (Reuters) – With the pandemic hobbling the meat-packing industry, Iowa farmer Al Van Beek had nowhere to ship his full-grown pigs to make room for the 7,500 piglets he expected from his breeding operation. The crisis forced a decision that still troubles him: He ordered his employees to give......

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