By By DEB RIECHMANNAssociated Press
KABUL, Afghanistan (AP) - Political interference stymied an investigation into the collapse of Afghanistan's largest bank, according to an independent report of how the men at Kabul Bank and their friends and relatives got rich off $861 million in
NEW YORK (AP) - Fitch Ratings downgraded its ratings on ConAgra Foods and two other rating agencies are reviewing their assessment of ConAgra and Ralcorp, following the food company's announcement Tuesday that it plans to buy private-label food producer Ralcorp for $5 billion.
ConAgra Foods Inc
By FREDERIC J. FROMMERAssociated Press
WASHINGTON (AP) - A federal judge on Tuesday ordered tobacco companies to publish corrective statements that say they lied about the dangers of smoking and that disclose smoking's health effects, including the death on average of 1,200 people a day.
By STEVE ROTHWELLAP Business Writer
NEW YORK (AP) - Stocks slumped on Wall Street Tuesday after Senate Majority Leader Harry Reid said he was frustrated by the lack of progress in talks over the U.S. budget impasse in Washington.
The Dow Jones industrial average closed down 89.24 points to 12,
By CANDICE CHOI and MICHELLE CHAPMANAssociated Press
NEW YORK (AP) - ConAgra Foods is set to become the nation's biggest maker of store-brand foods, with a $5 billion purchase of Ralcorp that expands its stake in the growing market for cereals, crackers and other packaged foods sold under
WASHINGTON (AP) - The country's largest producer of organic peanut butter will have to prove that its facilities are clean enough to reopen. The Food and Drug Administration suspended the registration of Sunland Inc., Monday, after the New Mexico company's repeated food
OMAHA, Neb. (AP) - ConAgra Foods is buying the private-label food maker Ralcorp for about $5 billion, which will make it North America's biggest manufacturer of cereals, crackers and other packaged foods sold under store brands.
The deal caps a year of acquisitions for ConAgra, which makes
By By MELANIE GOUBY and RUKMINI CALLIMACHIAssociated Press
GOMA, Congo (AP) - Rebels who last week seized Goma, one of the most important cities in eastern Congo, said they had pulled back slightly and were on track to leave the city by Friday, in accordance with a deadline imposed by the
By MARY CLARE JALONICKAssociated Press
WASHINGTON (AP) - The Food and Drug Administration is cracking down on a New Mexico peanut butter plant that had repeated food safety violations over several years, using new authority to halt operations at facilities that may be producing unsafe food.