Non-Cyclical Consumer Goods

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Meat supplier in China food scandal grew with McDonald's

July 23 - Eight months ago in front of a crowd of food industry executives gathered at a fancy Chicago hotel, a top McDonald's Corp executive lauded the boss of meat supplier OSI Group for his dedication to the fast-food giant's "McFamily".

6:02am IST

WRAPUP 2-Yum cuts ties to owner of China meat plant after scandal

* OSI Group: China authorities inspected all other factories; no more problems found

4:30am IST

UPDATE 1-Mars, maker of M&M's, to raise chocolate prices 7 pct

NEW YORK, July 23 - Mars Chocolate North America, the maker of M&M's and Snickers, said on Wednesday that it will raise its prices by an average of 7 percent "to offset rising costs," its first increase in three years.

2:14am IST

Mars to raise chocolate prices 7 pct, following Hershey

NEW YORK, July 23 - Mars Chocolate North America said on Wednesday that it will raise its prices by an average of 7 percent "to offset rising costs," marking its first increase in three years.

1:45am IST

REFILE-Panel's report likely to tie farm antibiotics to human resistance

CHICAGO, July 23 - A White House advisory committee is expected to acknowledge the link between antimicrobial resistance in humans and livestock being fed antibiotics when it issues its report in the next few weeks, according to the transcript of a committee meeting held earlier this month.

1:31am IST
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Facebook beats Wall Street targets, stock hits record high

SAN FRANCISCO - Facebook Inc's fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record-high in after-hours trading on Wednesday.