June 22, 2017
Today's news opens reporting that a
judge stopped Brazilian meatpacker JBS, which is embroiled in the
country’s latest scandal, from selling $300m of its assets to competitor
Minerva. The argument, Reuters reported, is that the sale could interfere
with a corruption investigation. The company said in a brief statement
that it “will file the appropriate appeals..
In other news,
has sent a shipment of beef to China, making it the second meatpacker with
operations in Nebraska to say it has done so under new trade rules.
The company shipped the meat last week, a Tyson spokeswoman told The
World-Herald on Wednesday. Tyson’s Lexington, Nebraska, plant is one of
four U.S. meat processing locations approved to send beef to China under
Elsewhere, a lawyer for the
Broadcasting Corp. introduced a series of internal company emails from
Beef Products Inc. on Wednesday that showed increasing concern by 2011
about the use of “pink slime” to describe the company’s signature product.
BPI hired a crisis public relations firm in the spring of 2011 after a
popular food show host referred to BPI’s Lean Finely Textured Beef as
“pink slime,” and by June of that year the PR firm was recommending the
production of videos to “combat the negative portrayal” of the company’s
use of ammonia gas to kill illness-causing bacteria in its beef.
Grill & Bar is expanding their location footprint from nine to eleven U.S.
States, and opened their newest restaurant in Rutland, Vermont in late
May. The Rutland location was a conversion of a former Ponderosa
Steakhouse, and the first of five newly signed franchises gearing up to
open under the Ground Round brand over the next few years.
supermarket chain Lidl just opened its first US stores last week, and it's
already dominating America's largest grocer, Walmart, on prices. Lidl
is about 9% cheaper than Walmart, according to a price check on a basket
of 20 items by Jefferies analysts. The price check also revealed that Lidl
was 3% cheaper than its German rival Aldi and 16% cheaper than Food Lion.
Finally: today, a historical feat is taking place, one that will
wow space and fried chicken aficionados alike:
a Kentucky Fried Chicken sandwich is traveling to the edge of space aboard
a balloon. The fried chicken will float in the upper atmosphere for a
few days, before traveling back to Earth at a speed of 2,000 feet per
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