Latest News From Bloomberg

Taco Bell Owner Adds Burgers With $375 Million Habit Deal

Yum! Brands Inc., the owner of Taco Bell, Pizza Hut and KFC, is adding hamburgers to its lineup with a $375 million deal to buy Habit Restaurants Inc.

11 months ago
This year, the meal to be served at the Golden Globes will feature mushrooms instead of meat.
U.S. Beef Group Isn’t Happy That Golden Globes Are Going Vegan

The Golden Globes may be known as the “party of the year,” but for the American beef industry, there won’t much to celebrate when the festivities kick off this Sunday.

11 months ago
The U.S. and Japan reach a trade deal framework.
Trump, Abe Tout Progress on Limited Trade Deal Lowering Tariffs

Donald Trump and his Japanese counterpart Shinzo Abe touted progress toward a limited trade agreement on Wednesday.

1 year ago
“The global rise of sugar taxes makes it easy to envisage a similar wave of regulatory measures targeting the meat industry," Fitch Solutions said. However, "it is highly unlikely that a tax would be implemented anytime soon in the United States or Brazil."
Red Meat Could Be the Next Sin Tax After Sugar, Fitch Says

Meat could be a target for higher taxes given criticism of the industry’s role in climate change, deforestation and animal cruelty, according to a report by Fitch Solutions Macro Research.

1 year ago
In Louisiana, local prices signal the market is positioning for supply disruptions from the storm as shipping is grinding to a halt along the southern reaches of the Mississippi River.
Storm Delivers Latest Blow to Farm Economy as Elevators Shut

America’s agricultural economy is bracing for yet another hit as Tropical Storm Barry barrels toward Louisiana, with grain elevators, cotton fields and cane crops in its projected path.

1 year ago
USDA Secretary Sonny Perdue tried the Impossible Burger while touring Impossible Foods.
Meat-Eating Agriculture Secretary Tries the Impossible Burger

Sonny Perdue may be a champion of big agriculture and agribusinesses in all its forms. But even he isn’t immune to the lure of the vegan Impossible Burger.

1 year ago
JBS Probe Nears Completion in Road to Redemption for Meat Giant

Expected to offer evidence of wrongdoings unveiled by Batistas.

1 year ago
BRF and Marfrig Begin Talks to Form New Global Meat Giant

A memorandum of understanding signed to ‘deepen discussions’ about combining businesses would bring scale and savings in global meat business.

1 year ago