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Smithfield Foods

A collection of news and information related to Smithfield Foods published by this site and its partners.

Top Smithfield Foods Articles

Displaying items 12-22
  • China looks abroad for greener pastures

    BEIJING — When Ma Wenfeng was a boy, his father earned so little money growing wheat and corn that the family mainly ate mantou, a steamed bread that is a staple of the poor. The last thing he would have dreamed of was becoming a farmer. Now it is...
  • Chinese food giant buys stake in Dutch grain trader

    Chinese state-owned food giant Cofco has agreed to buy a controlling stake in Dutch grain trader Nidera, the latest move in China’s global quest to supply its growing food demand. The deal, reportedly worth close to $1.3 billion, would give...
  • Britain to export $73.5 million worth of pig semen to China

    China already consumes half the world’s pork. But to ensure it has a steady supply of hogs, it’s struck a deal with Britain to import $73.5 million worth of premium pig semen. The agreement was brokered with the help of British Prime...
  • On the origins of food

    On the origins of food
    This year, Chinese authorities arrested more than 900 people for selling meat marketed as lamb that was actually the flesh of foxes, rats and minks. China, for all its efforts to clean up its food industry, has an abysmal record on food safety. Indeed,...
  • Deals of the day -- mergers and acquisitions

    July 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** Dell Inc founder Michael Dell raised his $24.4 billion bid by less than 1 percent just hours before it was to be put to a vote,...
  • Judge approves deal dismissing Paula Deen lawsuit

    Paula Deen’s Southern cooking empire may be in serious jeopardy, but her legal woes at least are behind her. On Monday,  U.S. District Judge William T. Moore Jr. approved a deal to dismiss a civil lawsuit filed by former employee Lisa Jackson...
  • Paula Deen 'Today' show interview: Matt Lauer condemned as too harsh

    Paula Deen's "Today" show interview may have started out as an attempt at an apology by the former Food Network star for her admitted use of a racial slur in a legal deposition, but reaction on social media outlets has quickly turned into an attack on...
  • Paula Deen: Martha Stewart, survivor of public scandal, sympathizes

    Paula Deen may be in crisis mode, but who better to call a supporter than fellow Food Network alum and domestic comeback queen Martha Stewart? On Wednesday night's episode of Bravo's "Watch What Happens Live," Stewart expressed sympathy for Deen's current...
  • Economy grew at 2.4% annual rate in first quarter

    Economy grew at 2.4% annual rate in first quarter
    WASHINGTON -- The U.S. economy expanded at a slightly slower pace in the first three months of the year than originally estimated, as steeper government spending cutbacks and reduced private investment dragged on growth. The Commerce Department on...
  • 2013 restaurant trends: robots, chef delivery, 'next Chipotle'

    2013 restaurant trends: robots, chef delivery, 'next Chipotle'
    Food and restaurant analysts are already placing their bets for next year’s top restaurant trends, including automatons in the kitchen, mini dishes, pricier drinks and something called “bar snackification.” Step one, though, is going...
  • Smithfield Foods could do better than Chinese deal, investor says

    Smithfield Foods could do better than Chinese deal, investor says
    Smithfield Foods Inc. may be worth less as a whole than its separate parts, according to an activist investor asking the Virginia pork giant this week to reconsider its recent $4.7-billion sale to a Chinese meat producer. Last month, Shuanghui...