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How to save $1 billion without even trying: Private labels
The New York Times via The Economic Times
A recent episode of Freakonomics Radio's podcast series, titled "How to Save $1 Billion Without Even Trying," centers on a dilemma many of us face every time we walk into a drugstore or a supermarket: Should we buy the name-brand product or the cheaper generic version with the exact same ingredients?
FTC mulling antitrust lawsuit against Sysco, US Foods deal
The U.S. Federal Trade Commission is considering a possible antitrust lawsuit against Sysco Corp.'s $3.5 billion deal to buy debt-ridden US Foods from private equity, the Wall Street Journal reported, citing people with knowledge of the matter.
Dr. Bronner's betting big on Oregon's pro-GMO labeling campaign
The most expensive food fight in Oregon history is just getting interesting, and David Bronner is smack in the middle of it.
Democrats relying on big donors to win
Democrats love to cast Republicans as the party of big money, beholden to the out-of-touch billionaires bankrolling their campaigns. But new numbers tell a very different story — one in which Democrats are actually raising more big money than their adversaries.
GOP's scorched-earth Kansas plan
Control of the Senate is potentially at stake in Kansas, and the GOP is beginning to double down. With a two-man race now looking all but certain, national Republicans are planning a scorched-earth offensive to frame Republican Sen. Pat Roberts's independent opponent, Greg Orman, as a shady businessman.
The return of terror politics
The politics of terrorism are back. Republicans are pivoting to national defense on the campaign trail, using rising public fears about terrorism as they look to move the needle in a number of races.
Republican up narrowly in Alaska (The Hill)
Poll: Hagan holds narrow lead in North Carolina (The Hill)
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Food waste not confined to the school lunch line
From the "you can lead a horse to water" department, there's more frustration on the lunch line as schools see millions of dollars a day of food dumped into the trash because kids refuse to eat it.
Related: Vermont bans brownies, turns kids on to kale, gluten-free paleo lemon bars (Vermont Watchdog)
Tony the Tiger not on plan to dial back kid marketing
McDonald's, Kellogg's, Nestlé, Coca-Cola and seven other major food and beverage brands have a new global plan for reducing the marketing of less healthy food to children that includes a presence on mobile devices and interactive games in addition to traditional media.
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CDC observes National Food Safety Education Month with new guidance
September is National Food Safety Education month in the U.S., and the CDC has issued some new guidance to help producers and consumers to avoid food poisoning.
Senators call on Obama for increased NARMS funding
Food Safety News
Sens. Dianne Feinstein, D-Calif., Kirsten Gillibrand, D-N.Y., and Elizabeth Warren, D-Mass., are urging the president to include $15 million in his fiscal year 2016 budget request for the National Antimicrobial Resistance Monitoring System, which tracks antibiotic resistance in foodborne pathogens.
USDA raises tomato lycopene limit for meat
USDA officials have approved a five-fold increase in the level of tomato lycopene allowed as a colorant in ready-to-eat meat products.
Treasury cracking down on corporate tax inversion deals
Law360 (subscriber story)
The U.S. Department of the Treasury said Monday it will slash the benefits of corporate tax inversions and hamper efforts of U.S.-based multinational corporations to shift their tax residences to nations with lower taxes, calling it an "unfair practice [that] erodes the U.S. tax base."
Chinese companies to export meat to Russia following lift of 10-year ban
After passing a thorough evaluation, two of China's Henan Shuanghui Investment and Development Co. subsidiaries have received authorization to export frozen pork to Russia following a 10-year ban on Chinese pork imports.
Preferred Freezer's newest facility will use advanced automation
Preferred Freezer Services
Preferred Freezer Services is currently overseeing the construction of its newest facility in Richland, Washington. Upon completion, projected for July 2015, it will be the largest public refrigerated warehouse in North America and the largest single cold storage facility built at one time in the world. The freezer will be automated, featuring robotic cranes.
The Whole Foods effect: How local food businesses are benefiting
Family support has traditionally sustained local businesses in the uncertain world of small-scale manufacturing. Now, however, Detroit's local food producers have another opportunity to sustain and grow their businesses: getting their products on the shelves of Whole Foods.
IFT identifies 7 supermarket trends
As the landscape of supermarkets changes, the Institute of Food Technologists has published a set of current and future trends that drive consumers' grocery shopping behavior.
Kellogg among bidders for United Biscuits
The Wall Street Journal (subscriber story)
At least three bidders emerged for British cookie maker United Biscuits, including Kellogg, the Ontario Teachers' Pension Plan and a Turkish biscuit maker, with offers totaling around $3.27 billion.
Schumer seeks $15 million federal grant to train manufacturing workers
Syracuse Media Group
U.S. Sen. Charles Schumer called Monday for $15 million in federal funds to train people at Onondaga Community College and 30 other State University of New York schools in high-tech manufacturing.
Babeth's Feast offers premium frozen meals
A boutique food shop in Manhattan's Upper East Side is dedicating itself to premium frozen meals, made with locally sourced ingredients and cooked in New York state.
Ingredient aims to cut 60 percent of fat in fried foods
LiteFoods Inc. says its new Neusolite™ reduces fat in fried foods by as much as 60 percent. Neusolite is a patented two-stage pre-soak system that uses all-natural ingredients to keep the oil from fried foods in the fryer.
US lemon lovers tasting bitter price shock from drought
First it was the surge in beef prices, and then seafood went through the roof. Now you can add lemons to the growing list of ingredients cutting into profit on the menu at Joe's Seafood, Prime Steak & Stone Crab.
Snack preferences differ between millennials, boomers
Food Business News
In a survey of 1,314 participants, comprising 942 millennials aged 19-36 and 372 boomers aged 49-67, researchers from Culinary Visions Panel found both groups seek value and freshness in snack options available at food service venues.
Hepatitis A outbreak study reveals berries as source
Food Quality News
A case-control study to find the source of a Hepatitis A outbreak in Italy has revealed that berries were the main risk factor followed by raw seafood.
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