Find an oyster, rare criminal lawsuit, and the $ 35 billion flavor and fragrance company you’ve probably never heard of

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I found an oyster washed up on shore while walking the Brewster Flats on Cape Cod earlier this week.

I chipped it off quickly. There was no pearl inside, but I still ate it for breakfast. It was brackish and soft. A gift from the universe.

Now I’m going to host a panel (in person!) At SoHo tonight with three brand founders talking about sustainability, health and wellness. I’m in a bit of a rush, having only arrived in New York from Cape Cod earlier today. My return trip was delayed by two days, due to the first northeast of the year and crazy 95 mph winds.

But I am grateful for the extra days spent on Cape Cod. I would never have found an oyster on my morning walk if I had been gone before the storm.

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Poultry Executives Facing Price-Fixing Charges Launch Rare Criminal Trial

A criminal trial of former executives accused of fixing the prices of poultry slaughtered and sold by the United States’ second-largest chicken processor begins this week in Denver. It will be a rare court showdown that will highlight antitrust issues within the meat industry.

Texts, phone records, emails and other excerpts from conversations, allegedly in violation of the Sherman Act of 1890, between four former chicken industry executives, including former Pilgrim’s Pride CEO Jayson Penn, should get out during the criminal trial.

The case is the result of a major Justice Department investigation into alleged violations of the meat packaging industry’s antitrust laws that began in 2019. The former CEO of Pilgrim’s Pride and others leaders are the first to be tried on criminal charges, which they have been fighting for two years. .

“If they get three to four years in jail, it’s not a place your average business executive wants to be. It is said that criminal sanctions have a deterrent effect. This is the place where a significant criminal sanction could have a significant effect.

-Peter C. Carstensen, professor of law emeritus at the University of Wisconsin-Madison who was associate dean between 1993 and 2002

Read more →

VIDEO: The $ 35 billion flavor and fragrance company you’ve probably never heard of

As CEO of International Flavors & Fragrances, Inc., Andreas Fibig leads an operation that manufactures and supplies the exclusive flavors and fragrances used worldwide for food, beverages, personal care and household products.

Look here →

FOOD

New links from Forbes.com or other, with editor assistant Margherita Beale.

Jack In The Box gained new customers during the pandemic. Here’s how. As chains paused marketing and downsized menus to deal with a drastic shift to offsite operations and a massive labor shortage, Jack in the Box added even more options. The chain’s same-store sales have grown in double digits over two years and are doing so in part due to increased traffic, as most of its competitors are simply raising prices or promoting high-end products. . (Of Forbes principal contributor Alicia Kelso)

Here’s why Starbucks employees unionize. Starbucks employees at three locations in the Buffalo, NY area have called on the NLRB to unionize. The reason? “A better quality of life at work. I’ve seen my colleagues crumble on things like being late on bills or even being understaffed in the field. Like really, badly understaffed,” Starbucks employee Michael Sanabria said. “Someone who was recently promoted to shift supervisor texted me in the middle of a really horrible shift. And she was like, I really, really wanna cry right now, but I didn’t don’t have time for that. ” (Of Forbes contributor Errol Schweizer)

“Something is really wrong” at Beyond Meat, according to this investor. Shares of the plant-based food maker plunged nearly 13% – to their lowest level in nearly a year – after the company released gloomy third-quarter earnings prospects amid a backdrop of slower growth and increased competition from other brands. The drop in revenue to $ 106 million from $ 149 million last quarter is “not a small shortfall, it’s not going well,” said ValueWorks founder Charles Lemonides, who sold the action uncovered last week. (Of Forbes editor-in-chief Sergei Klebnikov)

Industrial chemicals are emerging in fast food restaurants, study finds. What’s in this fast food burger? Sometimes harmful plastics. A new study reports that all too often, small amounts of industrial chemicals called phthalates have been found in food samples from popular outlets such as McDonald’s, Pizza Hut and Chipotle. Phthalates are linked to health problems, including endocrine disruption, fertility and reproduction problems, as well as an increased risk of learning, attention and behavioral problems in children. (Of The Washington Post)

Black farmers are waiting to learn the fate of the USDA debt relief program. In a motion filed to intervene in Miller v. Vilsack Against Debt Relief for Farmers of Color, the Southern Co-operative Federation argues that its members have compelling testimony that could strengthen USDA’s defense of the $ 5 billion program. Section 1005, known as the Emergency Relief for Farmers of Color Act (ERFCA), was meant to be a reset for farmers, the starting point of an attempt to address historic and exhaustively documented discrimination within the department and branches like the Farm Service Agency (FSA) that administer its loans. (Of The counter)

There aren’t a lot of oyster grants in Brewster so I’m not sure where this gem came from. I doubt she is wild but I can dream! I have never found a solitary oyster on the beach before. Taking that as a good sign, especially since now is Scorpio season.

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