23 July, 2014 by The TZ Newswire Staff Comments Off on China detains employees of suspect meat supplier
China detains employees of suspect meat supplier
The scandal surrounding Husi, which is owned by OSI Group of Aurora, Illinois, has alarmed Chinese diners.
23 July, 2014 by The TZ Newswire Staff Comments Off on Here’s how much Ackman lost during Herbalife talk
Here’s how much Ackman lost during Herbalife talk
As Bill Ackman said Herbalife needs to be shut down, the stock soared. Here’s how much he may have lost in options alone.
23 July, 2014 by The TZ Newswire Staff Comments Off on First MH17 crash victims land in the Netherlands
First MH17 crash victims land in the Netherlands
Two planes carrying the bodies of 40 Malaysia Airlines Flight MH17 victims landed amid a day of mourning. NBC News reports.
23 July, 2014 by The TZ Newswire Staff Comments Off on Tech Stocks: Apple, Microsoft fuel broad tech gains
Tech Stocks: Apple, Microsoft fuel broad tech gains
Tech bellwethers rise following earnings reports; Facebook set for after-the-close earnings.
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23 July, 2014 by The TZ Newswire Staff Comments Off on Two-Thirds Of Chinese Consumers No Longer Trust Western Fast-Food As "Meat Scandal" Spreads Across Asia
Two-Thirds Of Chinese Consumers No Longer Trust Western Fast-Food As "Meat Scandal" Spreads Across Asia
As if the Chinese meat scandal was not a big enough concern for Western fast-food firms, The WSJ reports that the crisis is spreading across Asia as Yum Brands and McDonalds sever links with US-owned Shanghai Husi Food Company, which is accused of selling expired beef and chicken, pulling supplies of chicken from restaurants in Japan.
23 July, 2014 by The TZ Newswire Staff Comments Off on PepsiCo’s profit tops estimates as soda sales drop
PepsiCo’s profit tops estimates as soda sales drop
PepsiCo Inc. raised its forecast slightly for the year on Wednesday as it continued to slash costs while selling more of its snacks and drinks.
The company, which owns Frito-Lay, Gatorade and…
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