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Nike Will Create Jobs in the U.S. if President Obama’s Trade Deal Is Approved

The Obama administration is pushing for the Trans-Pacific Partnership (TPP) Agreement to be approved because it would create major free trade between the U.S. and Pacific Rim countries by eliminating trade tariffs. Negotiations have been in the works since 2009 and the deal includes 11 nations other than the U.S., such as Australia, New Zealand,…

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Sysco Corp. Upset that FTC Blocked Merger with U.S. Foods

The Federal Trade Commission (FTC) put measures in place to block a merger between Sysco Corp. and U.S. Foods. However, Sysco filed a memorandum showing their opposition to the FTC motion. A hearing takes place on May 5, where a Federal District Court will hear from both the FTC and Sysco. Sysco is upset about…

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Apple Buys Forests and Creates Conservation Fund

Apple is a major technology company, but they understand the importance of conservation and sustainability. That’s why they partnered with the Conservation Fund to buy 36,000 acres of forests in the U.S. to protect them. The forests are located in Maine and North Carolina, and Apple plans to allow sustainable harvesting of timber for paper…

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ATA Pushes for Truck Speed Limiters to Reduce Severity of Crashes

In 2006, the American trucking Association (ATA) petitioned the Federal Motor Carrier Safety Administration (FMCSA) and the National Highway Traffic Safety Administration (NHTSA) to require all large trucks to use a speed limiter. After five years adjusting regulations, the speed limiter was finally approved in January 2011. However, the regulations never went into full effect….

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Del Monte Pacific Acquires Sager Creek for $75 Million

In March 2015, Del Monte Pacific announced that they have completed the deal to purchase Sager Creek Vegetable Company for $75 million. Del Monte Foods produces canned vegetable, fruit, and tomato products. Sager Creek produces specialty vegetables. The acquisition deal serves as a way for Del Monte to expand their product line and strengthen their…

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Sabra Dipping Co. Recalls Classic Hummus Because of Listeria

On April 8, Sabra Dipping Co. voluntarily recalled select SKUs of their Classic Hummus over possible contamination with Listeria monocytogenes. The recall involved 30,000 cases nationwide. This is the first recall that Sabra Dipping Co. has ever announced and now they have to ensure that all contanimated products are removed from their supply chain.Sabra Dipping…