The Brazilian firm J&F Participacoes S.A., which owns beef exporter Friboi, acquired Denver-based meat processor Swift & Co. for $225 million. The merger will create the largest beef-processing company in the world, the companies said.
Skin-care brand Pond's isn't merely the exclusive sponsor of the USA Network's six-part miniseries "The Starter Wife." The brand's participation in the project began in the development stage. The main character, a woman in her 40s starting over after a divorce, represents the target age demographic of some of the brand's signature products.
Chinese customers are becoming increasingly wary of the food they buy as the country slowly attempts to sort out its safety regulations. The government recently sentenced Zheng Xiaoyu, the former head of the food and drug agency, to death, and announced a system of recalls.
Many companies including Kraft Foods, Nestle and Hershey have worked with Berry Plastics to retool packaging to make it greener. Wal-Mart also is pushing to eliminate all waste by offering a "packaging scorecard" to help its suppliers calculate the net environmental effect of factors they use in packaging.