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BUSINESS
August 6, 2007 | Jude Webber, Financial Times
Placido Osuna points to a crudely stitched scar on his belly and thanks God for the little green herb that his sons encouraged him to grow instead of tobacco and cotton. "Stevia saved my life," says the 68-year-old farmer, dressed in flip-flops and an open shirt, with a machete tucked into his belt.
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BUSINESS
September 12, 2011 | By Hugo Martín, Los Angeles Times
The Minnesota food company that recalled 36 million pounds of ground turkey last month linked to a salmonella outbreak is pulling an additional 185,000 pounds of turkey for the same reason. The voluntary recall, announced Sunday by Cargill Inc., comes in the wake of one of the largest meat recalls in U.S. history: As of mid-August, health officials had linked a strain of salmonella found in contaminated turkey products to 111 people falling ill in 31 states and at least one death in California.
WORLD
March 5, 2009 | Mery Mogollon and Chris Kraul
Amid deepening shortages of food and household supplies, President Hugo Chavez on Wednesday ordered the seizure of a Venezuelan unit of U.S. agriculture giant Cargill, the latest in a series of takeovers of foreign-owned companies. In a speech during a ministers' council meeting broadcast over state-run television, Chavez also threatened to seize control of privately owned Polar, the country's largest food conglomerate and brewer.
BUSINESS
October 15, 1985 | Associated Press
The richest of the rich in America is worth $2.8 billion, while the poorest of the rich checks in at a mere $150 million. But who's counting? Forbes magazine, that's who, and its 1985 list of the nation's 400 richest people is topped by Sam Moore Walton of Bentonville, Ark., who has made $2.8 billion through his Wal-Mart discount stores. Walton, who danced a hula on Wall Street last year when profit goals were met, replaced Gordon Getty, the front-runner for the past two years.
BUSINESS
October 13, 1987 | Associated Press
Here is the Forbes magazine 1987 list of the 400 richest Americans in descending order of wealth, showing estimated fortune in millions, residence, source of wealth, age and industry. The industry codes are: MF, manufacturing; R, retail; M, media; T, high technology; AG, agriculture; OG, oil and gas; F, financial operations; RE, real estate; EC, engineering and construction; S, services. 1--Walton, Sam Moore, $8,500, Bentonville, Ark.
WORLD
March 25, 2007 | From Times Wire Reports
Authorities shut down an important deep-water Amazon River port owned by Minnesota-based Cargill Inc., saying the U.S. agribusiness firm failed to provide an environmental impact statement required by law. The move by federal police and environmental agents to close Cargill's controversial soy export terminal was a major victory for environmentalists in Santarem, a jungle city about 1,250 miles northwest of Sao Paulo.
OPINION
September 21, 2012 | By Frederick Kaufman
The drought that descended on the United States this summer will translate into higher prices for breakfast, lunch and dinner. The inevitability of this scenario introduces an old question that has become new: When weather strikes, what can curb food inflation? Recent suggestions cover a wide range of complicated approaches, from GPS-guided drip irrigation techniques to genetically engineered crops and from new federal biofuel standards to new farm insurance programs to new commodity-markets regulations.
BUSINESS
June 6, 1997 | (Associated Press)
Despite severe food shortages and months of negotiations, North Korea backed out of a rare deal to buy wheat from the U.S. in exchange for zinc. As the grain was about to be delivered by freighter last week, North Korea's Communist government told Cargill Inc. it would not follow through on a deal to trade 4,400 tons of zinc for 20,000 tons of wheat, according to Cargill spokeswoman Lori Johnson. She said the wheat was sold to another customer.
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