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Maritime fishermen remain in port to protest rock-bottom lobster prices

The Canadian PressMay 10, 2013 22:02
HALIFAX - Hundreds of lobster boats remained tied up at wharfs throughout the Maritimes on Friday as fishermen and processors struggle with an industry beset by an oversupply of the crustaceans, rock-bottom prices and a strong Canadian dollar. The fishermen's association in P.E.I. said boats did not head out for a third day in a row over prices that dipped to about $2.75 a pound for small canner lobsters and $3.25 a pound for the larger, market ones.

Column: Five days below the poverty line

May 10, 2013 20:50
By Dan Wilchins (Reuters) - My wife Becky and I experimented with radically cutting our food costs last week as part of a fundraising campaign created by a hunger charity. Under the "Live Below The Line" campaign sponsored by the Global Poverty Project, an Australian charity, for five days we spent $1.50 per person per day on food, which is the extreme poverty line globally, according to the World Bank.

Number sickened in Vegas tapas restaurant outbreak rises to 200; source not determined

The Canadian PressMay 10, 2013 15:30
LAS VEGAS, Nev. - A new report shows 200 people reported food poisoning symptoms after dining at one of Las Vegas' most popular restaurants about a block off the Strip. Southern Nevada Health District data released Friday show the salmonella outbreak at the Firefly restaurant in late April was more extensive than previously thought. An earlier report showed nearly 90 people sick. Officials say patrons reporting illness hailed from 20 different states and two foreign countries.

Food agenda: Mesamérica

Agence France-PresseMay 10, 2013 13:00
Here's a look at the major food-related events around the world. MesaméricaMay 21-22Mexico City, Mexico A culinary event aimed at promoting Mexican cuisine and gastronomy, Mesamérica will bring a veritable constellation of superstar chefs this year, with a roster that includes Daniel Humm, Alex Atala, Gaston Acurio, Andoni Luis Aduriz, René Redzepi, Jordi Roca, and Massimo Bottura. Participants are predominantly students and professionals in the industry.http://www.mesamerica.mx World Tea ExpoJune 7-9Las Vegas, NV, USA

Food agenda: Mesamérica

Agence France-PresseMay 10, 2013 12:45
Here's a look at the major food-related events around the world. MesaméricaMay 21-22Mexico City, Mexico A culinary event aimed at promoting Mexican cuisine and gastronomy, Mesamérica will bring a veritable constellation of superstar chefs this year, with a roster that includes Daniel Humm, Alex Atala, Gaston Acurio, Andoni Luis Aduriz, René Redzepi, Jordi Roca, and Massimo Bottura. Participants are predominantly students and professionals in the industry.http://www.mesamerica.mx World Tea ExpoJune 7-9Las Vegas, NV, USA

PepsiCo testing new fountain equipment following Coca-Cola's Freestyle

The Canadian PressMay 10, 2013 11:31
NEW YORK, N.Y. - PepsiCo says it plans to start testing new fountain equipment at restaurants that offers nearly 100 different flavour combinations. The test follows Coca-Cola's introduction in 2009 of its Freestyle machine, which also lets customers touch a screen to pick from a wide array of flavour combinations. PepsiCo's test, set to begin at five restaurants in Denver, was first reported by the industry tracker Beverage Digest.

J.C. Penney, AOL, Wendy's, WebMD are big market movers on Wednesday

The Canadian PressMay 10, 2013 06:17
NEW YORK, N.Y. - Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE J.C. Penney Co., up $1.21 at $17.61 A Maxim Group LLC analyst said that the struggling retailer's return to discounting should drive traffic back into stores. AOL Inc., down $3.68 at $37.74 The Internet company's first-quarter net income jumped 23 per cent, but adjusted earnings fell short of Wall Street predictions. Live Nation Entertainment Inc., up 68 cents at $13.91

Oat and soybean prices rise on the CBOT; beef prices fall

The Canadian PressMay 10, 2013 06:15
CHICAGO - Grains futures were mixed Wednesday on the Chicago Board of Trade. Wheat for July delivery fell 3 cents to $7.06 a bushel; July corn fell 7 cents to $6.33 a bushel; July oats added 1 cent to $3.7825 a bushel; while July soybeans rose 8.5 cents to $13.9075 a bushel. Beef futures fell, while pork prices rose on the Chicago Mercantile Exchange. June live cattle fell 0.62 cent to $1.2020 a pound; May feeder cattle fell 1.27 cent to $1.3560 a pound; June lean hogs added 0.47 cent to 91.77 cents a pound.

Green Mountain ups outlook, expands Starbucks deal

May 9, 2013 20:45
By Martinne Geller (Reuters) - Green Mountain Coffee Roasters Inc <GMCR.O>, maker of Keurig single-serve brewers and K-Cups, raised its full-year earnings outlook on Wednesday after a better-than-expected second quarter and said it had expanded its relationship with Starbucks Corp <SBUX.O>, sending its shares up almost 16 percent after hours.

Tim Hortons names new CEO; profit and stock drop

May 9, 2013 20:45
By Euan Rocha and Susan Taylor TORONTO (Reuters) - Tim Hortons Inc <THI.TO> named a long-time Nestle executive as its new chief on Wednesday, a job that will be no easy task given drooping demand at the Canadian coffee and doughnut chain and a push by a U.S. hedge fund for better returns. Shares of Tim Hortons, which boasts that it sells eight of every 10 cups of coffee sold in Canada, fell more than 2.5 percent after the company posted its first decline in established store sales since its 2006 initial public offering.
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