Red Lobster Files for Bankruptcy
Red Lobster has filed for bankruptcy, citing over $1 billion in debt. The company plans to sell its business to lenders and close more restaurants.
Essential Food Commodity Trading News
Red Lobster has filed for bankruptcy, citing over $1 billion in debt. The company plans to sell its business to lenders and close more restaurants.
EEOC Brings Lawsuit Against Smithfield Foods for Age Discrimination The US Equal Employment Opportunity Commission (EEOC) has initiated legal action against Smithfield Foods Inc., accusing the meat processing giant of…
A federal judge allows a class-action lawsuit against Pilgrim's Pride to proceed, alleging wage suppression of broiler chicken growers through anti-competitive practices.
Minerva Foods and Marfrig deny receiving any communication from Uruguay's competition watchdog about blocking their deal to buy cattle plants.
Fonterra's potential sale of its consumer brands could reshape the dairy market, impacting prices and product characteristics. Explore the details and implications.
Mowi Norway overcomes a challenging Q1 2024 with severe environmental conditions, yet remains on track to meet full-year projections.
JBS reports a strong Q1 for its Seara unit, with a 4.8% increase in net revenue and robust sales in both Brazilian and international markets.
Brazilian pork and poultry processor BRF SA surpasses Q1 profit expectations with strong performance, reporting 594 million reais and a robust international market strategy.
Pilgrim’s Pride sees improved net income globally in Q1 2024, led by U.S. operations. Strategic initiatives drive growth across diverse markets.
Learn about the escalating legal battle over river Wye pollution, now targeting multinational food producer Cargill Plc. Environmental accountability in focus.