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  • Banks Back Ahold Unit's Spending Plan-WSJ

    AMSTERDAM -- The U.S. supermarket division of Ahold, the world's number three retailer rocked by an accounting scandal, can proceed with a capital spending plan after creditor banks approved it, The Wall Street Journal reported on Thursday.
  • USDA Increases Security of Food Supply

    WASHINGTON - The Agriculture Department on Tuesday told food processors and farmers to increase security in light of the heightened terror alert.
  • Report: U.S. Foodservice Suppliers Cited Problem

    WASHINGTON - Auditors at Deloitte & Touche became aware of potential accounting irregularities at U.S. Foodservice Inc. after at least two of the company's suppliers disputed rebate figures, the Washington Post reported on Wednesday, citing sources familiar with the situation.
  • Commerce Department Chooses Worldwide Food Expo for International Buyer Program

    WASHINGTON - For the fourth consecutive time, Worldwide Food Expo, a trade show sponsored by several leading food industry associations, has been accepted into the prestigious International Buyer Program, sponsored by the U.S. Department of Commerce.
  • Experts Set Global Guidelines for Biotech Food Risks

    YOKOHAMA, Japan - A group of international food experts on Friday agreed on a framework for assessing the risks of biotech foods, establishing global guidelines that could help shape countries' food policies and influence trade disputes, Reuters reports.
  • Nash Finch shares soar, Fleming shares drop

    CHICAGO -- Shares of Nash Finch Co. rose more than 59 percent on Wednesday after the food distributor said U.S. regulators would not object to how it accounts for certain vendor charges.
  • Ahold to wipe off $30 billion in sales

    AMSTERDAM -- Ahold, will erase $30 billion in reported sales when it corrects the way it accounts for joint ventures, the Financial Times reported today.
  • German Supermarket Offers Wedding Packages

    GERMANY - A German discount chain is offering complete wedding packages to its customers for 1,500 pounds ($2,417), according to a published report.
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