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Food Babe targets cereal giants Kellogg's and General Mills

2015-02-05 22:56:44| Food - Topix.net

Today she put cereal behemoths Kellogg's and General Mills in her crosshairs - claiming that both companies produce cereals for the United States markets with packagng that contains butylated hydroxytoluene . The potentially harmful chemical is put into cereal packaging to increase shelf life.

Tags: general food targets mills

 

How the worlda s biggest food giants swallowed the pet food industry

2015-02-05 14:36:47| Food - Topix.net

J.M. Smucker -- the megabrand behind Folgers coffee, Jif peanut butter, Pillsbury, Crisco and its namesake jam -- announced this week that it would pay about $5.8 billion to buy Big Heart Pet Brands, maker of Meow Mix, Milk-Bone, Pup-Peroni and Kibbles 'n Bits. That's following last year's $2.9 billion gobbling-up of pet-food lines Iams and Eukanuba by Mars, the candy titan behind M&M's, Snickers and Skittles -- a deal that bulked up Mars' pet-brand portfolio, including Whiskas and Pedigree.

Tags: food industry pet biggest

 
 

$9.2B Merger of Grocery Giants Checks Out

2015-02-04 09:02:56| Grocery - Topix.net

BOISE, ID and PLEASANTON, CA-Days after the Federal Trade Commission gave its final okay, the $9.2-billion merger of grocery giants Albertsons and Safeway has been loaded into bags and the buyers have been handed their receipt. The acquisition of Pleasanton, CA-based Safeway by a Cerberus Capital Management -led investor group creates a network of 2,230 stores, 27 distribution facilities and 19 manufacturing plants across 34 states and the District of Columbia.

Tags: out grocery checks merger

 

Low Oil Prices Hit Industry Giants Hard

2015-02-03 22:38:56| Chemicals - Topix.net

Regular gas cash price is displayed for $1.79 a gallon at a Mobil station January 6, 2015 in Livonia, Michigan. BP and Exxon Mobil attribute their loss in earnings to the steep fall in oil prices.

Tags: low hard prices industry

 

Chinese giants back Packer's casino bid

2015-01-18 11:14:05| Airlines - Topix.net

The high-stakes bid to build a massive casino project in Brisbane has intensified, with the rival consortiums unveiling their design plans CHINESE tourism heavyweights China Eastern Airlines and Shanghai Municipal Tourism have thrown their support behind James Packer's Brisbane casino bid, with suggestions new direct flights to Queensland are on the cards. Mr Packer's Crown/Greenland is locked in a battle with Echo Entertainment's Destination Brisbane Consortium to win the rights to build a new integrated resort.

Tags: back chinese bid casino

 

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