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NEWS
October 29, 2012 | By Karin Klein
Much has been made of the wording in Proposition 37 about processed foods and the word “natural.” Although the intent seems clear, that the provision was meant to keep only genetically engineered food from carrying the “natural” label, the construction of the initiative is a little sloppy, and the state Legislative Analyst has said that the courts could interpret it to cover any processed food, including olive oil, dried fruit or canned tomatoes....
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BUSINESS
December 21, 2012 | By Tiffany Hsu
Marketers selling food to children and teens spent 20% less in 2009 than they did in 2006 and are making "modest nutritional improvements" to the products they promote, according to a new government report. Advertisers shelled out nearly $1.8 billion to target consumers ages 2 to 17, down from the $2.1 billion they allocated three years earlier, according to the Federal Trade Commission. But most of the decline came from a switch to online commercials from expensive television spots.
BUSINESS
August 9, 1985 | Associated Press
A revolution--well, perhaps that's too strong a word--has been taking place in the ketchup business. When you went to the grocery store in the old days, you would find the standard 14-ounce glass bottle of regular ketchup. Now you find new-and-improved ketchups, a low-calorie version, numerous sizes and even plastic squeeze bottles. What has happened to this 100-year-old, oh-so-American industry over the last several years?
BUSINESS
May 4, 2000 | DUNSTAN PRIAL, ASSOCIATED PRESS
Long-dormant U.S. food companies are suddenly being appraised like so much fine wine. An $18.4-billion offer by international food conglomerate Unilever for Bestfoods, with brands including Skippy peanut butter, Hellmann's mayonnaise and Knorrs soups, has rekindled interest in the sleepy U.S. packaged food industry. Investors were so enthusiastic Wednesday at the proposition of a wave of food company takeovers that they bid up the stocks of virtually every well-known U.S. food company.
NEWS
September 25, 2012 | By Noelle Carter
BACON AND PORK SHORTAGE "NOW UNAVOIDABLE" A British trade group is predicting a pork and bacon shortage next year , blamed on the drought conditions that hurt the corn and soybean crops this year. [Los Angeles Times] MARKETING TO KIDS: SO HOW IS THE FOOD INDUSTRY DOING? The FTC is revising a 2008 report that looked at how food companies market products to children, expected to be released by the end of 2012 . [ABC News] NO MORE JUNK FOOD AT THE HOSPITAL...
NEWS
October 5, 2012 | By Betty Hallock
FACEBOOK FUN FACT What do Facebook employees eat at an all-night hackathon (its regular software-coding party)? Egg rolls and other Chinese food from the company's favorite restaurant Jing Jing in Palo Alto. [ Los Angeles Times ] 5 FOOD FESTS IN MEXICO Looking for a corn-and-tortilla fair worth traveling for? Here's one in the Mexico City borough of Xochimilco , plus a vanilla festival in Veracruz, a 127-year-old ice cream festival, an apple fair and Three Kings festival.
NEWS
June 20, 2012 | By Mary MacVean
Multinational food corporations have a growing influence on the health of people around the world, including obesity, and their actions need greater scrutiny, according to an editorial Tuesday in the journal Public Library of Science Medicine. The editorial kicks off the journal's three-week series looking at what it calls “Big Food.” The first articles, and the editorial, criticize not just the food companies but also officials charged with protecting public health. “The big multinational food companies control what people everywhere eat, resulting in a stark and sick irony: one billion people on the planet are hungry while 2 billion are obese or overweight,” the editorial says.
BUSINESS
April 28, 2002 | MELINDA FULMER, TIMES STAFF WRITER
Forget dinner. These days most food companies are moving right on to dessert, pumping up the sugar in many of their new products--even diet food--in hopes of attracting new customers and boosting sales of tired brands. Even frozen french fries are getting a chocolate and cinnamon sugar makeover. Sweet sells, judging by the top-selling products of last year.
BUSINESS
October 19, 2000 | MELINDA FULMER, TIMES STAFF WRITER
Recipes, video games, coupons and advice columns. You name it, food companies are using it to get consumers' attention on the Internet. Their goal is not to cut out the middleman and sell directly to consumers. Rather, these old-line companies are trying to identify their very best customers and cultivate greater loyalty among others who might buy their products only occasionally. The problem, analysts say, is most major food makers are going about it the wrong way.
BUSINESS
May 28, 2000 | JAMES FLANIGAN
It's fitting perhaps, in a time when investors are nervous about "new-economy" and "old-economy" stocks, that the food industry--which is basic economy--should be creating excitement. It's an excitement rooted in changing lifestyles and eating habits as much as industrial patterns. Less cooking from scratch, more prepared foods, warehouse stores, bigger supermarkets and home delivery all tend to make the world's leading brands more valuable than ever.
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