What's new: the search for oysters, a rare criminal trial, and a $35 billion flavor and fragrance company you may never have heard of

2021-11-22 06:27:07 By : Ms. jessica lee

Earlier this week, I found an oyster washed ashore while walking at Brewster Flats in Cape Cod.

I quickly skinned her. There were no pearls in it, but I still ate her for breakfast. She is salty and sweet. A gift from the universe.

Now, I am hosting a (face-to-face!) panel discussion in SoHo tonight, where the three brand founders talk about all aspects of sustainability, health and wellness. I was a bit in a hurry and only arrived in New York from Cape Cod earlier today. Due to the first Nor'easter this year and the high winds of 95 miles per hour, my return trip was delayed by two days.

But I am grateful for the extra days I spent in Cod’s perspective. If I leave before the storm comes, I won't find oysters when I walk in the morning.

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Poultry executives facing price-fixing charges begin rare criminal trial

A criminal trial of a former executive for pricing poultry slaughtered and sold by the second largest chicken processor in the United States began in Denver this week. This will be a rare court battle, which will fully demonstrate the antitrust issues in the meat industry.  

The vast majority of chicken sold in the United States was raised during confinement. This is a numbers game for producers and slaughterhouses.

Four former chicken industry executives (including the former CEO of Pilgrim's Pride Jayson Penn) allegedly violated the 1890 Sherman Act. Texts, phone records, emails, and other conversation fragments are expected to be felony trial. 

This case is a branch of the Ministry of Justice's comprehensive investigation into suspected violations of antitrust laws in the meat processing industry since 2019. The former Pilgrim Pride CEO and other executives were the first to be tried on criminal charges, and they have been fighting for two years.

Video: A $35 billion flavor and fragrance company you may never have heard of

As the CEO of International Flavors & Fragrances, Inc., Andreas Fibig leads the business to produce and supply proprietary flavors and fragrances for food, beverage, personal care and household products worldwide.

IFF CEO Andreas Fibig led the large-scale acquisition of this giant flavor and fragrance group, which will help it reach new heights.

New links from Forbes.com or other websites, provided by Assistant Editor Margherita Beale. 

Jack In The Box gained new customers during the pandemic. That's it. Although the chain suspended marketing and cut menus to keep up with the dramatic shift to off-site operations and massive labor shortages, Jack in the Box added more options. The chain’s same-store sales grew by double digits in two years, partly due to increased passenger traffic, and most of its competitors simply increased prices or promoted high-end products. (From Alicia Kelso, senior writer at Forbes)

This is why Starbucks employees join the union. Starbucks employees in the three regions of Buffalo, New York have petitioned the NLRB to join the union. reason? Starbucks employee Michael Sanabria said: "The quality of life at work is better. I have seen my colleagues collapse because of bills arrears or even understaffing. It's like really, understaffed. "The person who was recently promoted to shift supervisor sent me a text message in a very bad shift. She said, I really, really want to cry now, but I don't have time." (From Errol, Forbes contributor Schweizer)

According to the investor, apart from meat, "something is really wrong." The plant-based food manufacturer’s stock price plummeted by nearly 13%, to its lowest point in nearly a year, after the company announced a bleak third-quarter revenue outlook amid slowing growth and increased competition from other brands. Charles Lemonides, the founder of ValueWorks, who shorted the stock last week, said that revenue fell from $149 million in the previous quarter to $106 million. This is "not a small problem-it's not a good thing." (From Forbes Writer Sergei Klebnikov)

Research shows that industrial chemicals are appearing in fast food. What's in that fast food burger? Sometimes, harmful plastics. A new study reports that small amounts of industrial chemicals called phthalates are often found in food samples from popular stores such as McDonald's, Pizza Hut and Chipotle. Phthalates are associated with health problems, including disrupting the endocrine system, fertility and reproductive problems, and increasing children’s risk of learning, attention, and behavior disorders. (From the Washington Post)

Black farmers are waiting to learn about the fate of the USDA debt relief program. In a motion against Miller v. Vilsack against debt relief to farmers of color, the Southern Cooperative Federation argued that its members have convincing testimony to support the USD 5 billion Defense of the plan. Article 1005 is called the "Emergency Relief Act for Farmers of Colored People" (ERFCA), which was supposed to be a reset for farmers. This is an attempt to correct historical and well-documented discrimination in departments and branches (such as the Farm Service Bureau) Starting point. FSA) manage its loans. (From the counter)

The oysters I found while walking in Brewster's apartment.

Brewster’s oyster grant is not large, so I’m not sure where this gem came from. I suspect she is wild, but I can dream! I have never found a lonely oyster on the beach before. Take it as a good sign, especially now that it is the season of Scorpio. 

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