Food and Drinks

McDonald's seeks damages against Tyson Foods, Pilgrim's Pride over chicken price-fixing claims: report

"McDonald's distribution centers (DCs) may have been victims of the purported conspiracy, unknowingly purchasing broiler chickens from Tyson and Keystone Foods (now owned by Tyson) at alleged wrongfully-inflated prices, which our DCs then resold to McDonald's and franchisees," Marion Gross, McDonald's chief supply chain officer, and Angie Steele, the interim US general counsel wrote in the memo.

Congress urgess Tai to put whiskey tariffs on the rocks

WASHINGTON - Some 50 members of Congress on Monday urged U.S. Trade Representative Katherine Tai to take action to secure removal of 25% tariffs on American Whiskey imposed by the European Union and Britain in retaliation for U.S. tariffs on steel and aluminum.

Food-delivery investors are overstuffed

Back in December, it seemed investors were craving food-delivery stocks with almost as much fervor as they were the vaccines. Now that the shots are here, investors' tastes seemed to have changed.