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SodaTax-Chicago-071217.jpg An Illinois appeals court has upheld a temporary restraining order on implementing Cook County's tax on soft drinks and other sweetened beverages. The penny-per-ounce tax was supposed to take effect from July 1. The temporary hold, issued June 30, could now be in place until at least July 21.

jawbone-070717.jpg Jawbone, a maker of fitness tracker and bluetooth speaker, has gone out of business, according to a report in The Information. The company was expected to shut down with several rumors making rounds since last year that it was seeking buyers and planning to close its speaker division. Jawbone...

The USDA decision to completely suspend Brazil's imports of fresh meat, announced yesterday, raised market fears over the risk that other relevant buyers will halt the entry of Brazilian protein. The concern is due to the very short timespan between the nonconformities alleged by the Americans and investigations known as "Weak Meat Operation."

US-brazil-062317.jpg The U.S. has suspended all imports of fresh beef from Brazil due to recurring concerns about the safety of the products. The suspension of shipments from Brazil, the fifth largest exporter of beef to the U.S., will remain in place until the Brazilian Ministry of Agriculture takes corrective action, the U.S. Department of Agriculture or USDA said in a statement.

ChefBoyardee-061217.jpg Food products maker Conagra has recalled over 700 thousand pounds of Chef Boyardee spaghetti and meatball products due to "misbranding and undeclared allergens."

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